Democrats are raising alarms about potential insider trading. There's no evidence yet, but lawmakers and Trump advisors have to disclose by mid-May.
DETROIT (Reuters) -GM is temporarily halting production of its electric commercial van at its assembly plant in Ontario due to slow sales, the company and the union representing workers there said. The Detroit automaker is temporarily laying off 1,200 workers at the plant as a result, according to Unifor, the union representing the workers. GM said it was making "operational and employment adjustments to balance inventory and align production schedules with current demand," at the CAMI Assembly plant where it makes Chevrolet BrightDrop electric vans.
President Trump's unpredictable trade policies have pushed stock volatility up to its highest level in years, creating substantial uncertainty and, some say, opportunity on Wall Street.
Cox Automotive, the parent company of Autotrader, reported that more than 13,000 used Teslas were up for sale in the final week of March.
The major U.S. equities indexes edged higher at midday Friday after wavering between losses and gains throughout the morning, as investors digested a slew of bank earnings and China hiked tariffs on U.S. goods.
Masters patrons infamously aren’t allowed to bring cell phones to Augusta National.
(Bloomberg) -- JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon said he expects “a kerfuffle” in the US Treasury market that prompts a Federal Reserve intervention. Most Read from BloombergThe Secret Formula for Faster TrainsMidtown Office Building Evacuated on Concerns of Wall CollapseIn Chicago, a Former Steel Mill Looks to Make a Quantum LeapNYC Tourist Helicopter Crashes in Hudson River, Killing SixInside the Quiet, Extravagant Expansion of the Frick Collection“There will be a kerfuf
Concerns about an escalating trade war between the US and China still remain after the latter retaliated against steep US tariffs.View on euronews
Stronger-than-expected profit reports from major banks such as JPMorgan Chase and Morgan Stanley did little to cheer investors as well.View on euronews
(Bloomberg) -- On the night of April 8, as US stocks reeled and Treasuries were selling off, a group of senators put it to President Donald Trump plainly: the market was in freefall because of his tariffs and he needed to lower the temperature. Most Read from BloombergThe Secret Formula for Faster TrainsMidtown Office Building Evacuated on Concerns of Wall CollapseIn Chicago, a Former Steel Mill Looks to Make a Quantum LeapNYC Tourist Helicopter Crashes in Hudson River, Killing SixInside the Qui