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Breaking news, live video, traffic, weather and your guide to everything local for the Carolinas from WSOC-TV.
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News
Carney pitches Canada to global investors as Trump tries to pull investment south
9+ hour, 5+ min ago (602+ words) TORONTO — U.S. President Donald Trump wants factories and investment moving south to the United States. Canadian Prime Minister Mark Carney is betting he can make billions flow north. About 300 CEOs and senior executives from some of the world’s biggest investment…...
European Central Bank raises interest rates a quarter point to quell energy-fueled inflation
4+ day, 23+ min ago (338+ words) FRANKFURT, Germany — The European Central Bank raised interest rates Thursday to cool inflation that is being fed by high oil prices from the Iran war. The decision was supported by a stronger-than-expected economy that suggests businesses can weather the higher…...
China’s car exports in first 8 months surpass 2025 total, as EV sales soar
4+ day, 4+ hour ago (315+ words) HONG KONG — China's passenger car exports in the first eight months of this year already surpassed last year's total, an industry association said Thursday, though domestic sales continued to decline. Passenger car exports in August jumped 67.1% from the year before…...
Stocks fall on Wall Street as oil prices jump back above $100 a barrel after Iran war escalates
5+ day, 6+ hour ago (693+ words) NEW YORK — Stocks fell on Wall Street Wednesday as the price of crude oil rose back above $100 a barrel amid further escalation in the U.S. war with Iran. The S&P 500 index fell 0.5%. The Dow Jones Industrial Average fell 346 points,…...
Asian shares are mixed as Brent crude approaches $100 a barrel
5+ day, 6+ hour ago (427+ words) TOKYO — Asian shares were mixed in cautious trading Wednesday as investors watched for what might happen on interest rates and the war with Iran pushed oil prices higher. Japan's benchmark Nikkei 225 lost 0.2% to 65,142.78, while South Korea's Kospi gained 1.4% to 7,051.64. In…...
Trump moves to bar Canadian products from US contracts as Canada’s retaliatory tariffs take effect
5+ day, 17+ hour ago (792+ words) TORONTO — U.S. President Donald Trump moved Tuesday to shut Canadian products out of large, long-term U.S. government contracts as Canada's retaliatory tariffs took effect and Prime Minister Mark Carney vowed to speed efforts to reduce the country's dependence on the…...
Party's over for crypto scammers who went on a spending spree after a $240 million bitcoin theft
1+ week, 1+ hour ago (1216+ words) WASHINGTON — They pulled off one of the largest cryptocurrency thefts in U.S. history, duping a stranger out of bitcoin worth over $240 million. They tried to hide their digital fingerprints, carrying out a sophisticated scheme to launder the proceeds. And then…...
A testy trade war threatens to keep Canadian travelers from the US
1+ week, 1+ day ago (783+ words) LAS VEGAS — Appeals from American tourism organizations seemed to be everywhere Josh Loewen looked over the last year. Billboards and banners proclaimed a state or city's love for Canada. Online and social media ads offered special deals for travelers from…...
Bessent says 19 finance ministers agreed 'cheap exports' are unsustainable, but China dissented
1+ week, 5+ day ago (751+ words) ASHEVILLE, N.C. — Treasury Secretary Scott Bessent said Tuesday that 19 of the members of the G20 had agreed to address streams of “cheap exports” that cause global economic imbalances, but said China had dissented. Bessent made his comments at the end of a…...
Oil giant Chevron is expected to announce it will expand operations in Venezuela, US official says
1+ week, 5+ day ago (693+ words) WASHINGTON — Oil giant Chevron is planning to expand its operations in Venezuela, a U.S. official said Tuesday, just days after President Donald Trump announced an ambitious deal to develop the nation's oil reserves and give the Pentagon a stake in the…...