Tesla profits tumble on lower EV sales, AI spending surge
Tesla reported a 61-percent drop in fourth-quarter profits on Wednesday due to lower auto sales…
Author: John BIERS AFP
GM reports quarterly loss but boosts shareholder returns
General Motors announced Tuesday fresh actions to return funds to investors, lifting shares despite reporting…
Financial trading master Rick Rieder emerges as possible Fed chief
The emergence of BlackRock’s Rick Rieder as a Federal Reserve frontrunner means the US central…
Trump sues JPMorgan Chase, CEO Dimon, claims ‘debanked’ for politics
US President Donald Trump sued JPMorgan Chase and CEO Jamie Dimon on Thursday, alleging he…
Higher heating costs add to US affordability crunch
Madeline Marchiano realizes that this winter’s runaway heating prices mean she can’t afford to raise…
Boeing annual orders top Airbus for first time since 2018
Boeing secured orders for nearly 1,200 commercial planes last year, topping European rival Airbus for…
JPMorgan Chase reports mixed results as Dimon defends Fed chief
JPMorgan Chase reported lower fourth-quarter profits Tuesday as CEO Jamie Dimon endorsed Federal Reserve independence…
US car market expected to moderate in 2026
Auto industry experts expect US car sales to moderate in 2026 after last year’s churn…
Lower demand for electric cars dents GM’s sales
General Motors reported a dip in fourth-quarter US auto sales Monday, reflecting a sharp decline…
US economic growth surges in 3rd quarter, highest rate in two years
US economic growth in the third quarter came in at 4.3 percent on an annualized…