Noted economist Arthur Laffer warns in a new analysis President Donald Trump’s 25% tariffs on auto imports could add $4,700 to the cost of a vehicle.
Another wipeout is swamping Wall Street Friday on worries about a potentially toxic mix of worsening inflation and a U.S. economy slowing.
Bitcoin’s price topped $86,000 for the first time.
Sony’s profit surged 69% in July-September on the back of strong sales of its image sensors, games, music and network services.
U.S. stocks closed their best week in a year with some modest moves.
The Federal Reserve cut its key rate by a quarter-point in response to the steady decline in the once-high inflation that had angered Americans.
Shares of Tesla soared Wednesday as investors bet that the electric vehicle maker and its CEO Elon Musk will benefit from Donald Trump’s return.
It’s one of the most under-publicized policies of some of the biggest U.S. retailers: they give customers full refunds and let them keep the stuff.
America’s employers added just 12,000 jobs in October, a total that economists say was held down by the effects of strikes and hurricanes.
Striking workers at Boeing will vote on a new contract offer next week.
Amazon reported a boost in its quarterly profits Thursday and exceeded revenue estimates.
Joe Biden has called out Elon Musk over a published report that he once worked illegally in the U.S.
