Ford outlined plans to use a Canadian plant earmarked for future electric vehicles to instead build larger, gas-powered versions of its F-Series pickup truck.
Read More Ford pivots from EV plans to heavy-duty trucks at Canada facility
Category: Business
Fed getting ‘closer’ to rate cuts, top officials say
Fed Governor Christopher Waller and New York Fed President John Williams both voiced that description of the shortening horizon toward looser monetary policy.
Read More Fed getting ‘closer’ to rate cuts, top officials say
US retail sales report showcases consumer, economic resilience
U.S. retail sales were unchanged in June as a drop in receipts at auto dealerships was offset by broad strength elsewhere.
Read More US retail sales report showcases consumer, economic resilience
Amazon Prime Day sales to hit record $14 billion, data firm says
July 15, 2024 – 5:06 AM PDT (Reuters) – Shoppers are likely to spend roughly $14 billion during Amazon’s Prime Day two-day…
Read More Amazon Prime Day sales to hit record $14 billion, data firm says
Monthly US consumer prices post first drop in four years as inflation subsides
U.S. consumer prices fell for the first time in four years in June amid cheaper gasoline and moderating rents.
Read More Monthly US consumer prices post first drop in four years as inflation subsides
S&P 500, Nasdaq scale record highs as Nvidia leads megacap charge
The Nasdaq and the S&P 500 hit record highs on Wednesday as strength in Nvidia and other mega stocks supported Wall Street’s winning streak.
Read More S&P 500, Nasdaq scale record highs as Nvidia leads megacap charge