GM’s $1 billion tariff hit is evidence of American companies, consumers eating import tax costs
General Motors is the latest U.S. auto giant to say tariffs have taken a chunk from their earnings. The company
Quantum computing is so fire — No, seriously. BofA says it could be humanity’s biggest breakthrough since the discovery of fire
In a recent note on quantum computing, analysts at Bank of America had to reach way back—way, way back—for a
Trump’s $9 billion spending cuts could spare $400 million for HIV/AIDS relief
Senate Republicans voted to preserve funding for HIV/AIDS relief on Tuesday night, abandoning a controversial $400 million proposed cut to
US risks financial crisis ahead of midterm elections: former IMF official
The world is losing faith in the dollar, and the U.S. could suffer a financial crisis next year, according to
Jamie Dimon gets real with Europe about shrinking to just 65% of American GDP over 10-15 years: ‘That’s not good’
JPMorgan Chase CEO Jamie Dimon delivered a stark assessment of Europe’s economic prospects at an event in Dublin hosted by
Forget a ‘shadow’ Fed chair, here’s how the central bank could have two different leaders at once
Federal Reserve Chairman Jerome Powell actually wears two hats: He is chair of the Fed’s board of governors and chair
Trump plans to start notifying countries of U.S. tariffs up to 70%
US President Donald Trump said his administration will probably start notifying trading partners Friday of the new US tariff on
Home Depot’s $5 billion purchase of an unsexy building products distributor is a prime example of smart M&A
Earlier this week, Home Depot said one of its business units was buying building-products distributor GMS for some $4.3 billion,
The first Tesla just drove itself from its factory straight to the customer
Tesla celebrated a historic first on Friday when a new Model Y left the factory in Austin and—without anyone in
Shell denies reports of BP mega-merger of Big Oil rivals
Shell said “no talks are taking place” for a potential mega-merger with rival BP that would cost more than $80