General Motors will be hit with charges of about $6 billion as sales of electric vehicles sputter after the U.S. cut tax incentives to buy them and also eased auto emissions standards.
Shares slid almost 3% Friday.
The charges that will be recorded in the fourth quarter follow an ...
For retirement savers and retirees, the new year brings more than the usual inflation adjustments to retirement contributions. The retirement legislation known as Secure 2.0 will also continue to phase in, and the One Big Beautiful Bill Act will have impacts too.
Here’s a roundup of three ...
NEW YORK — U.S. stocks hit records Friday following a mixed report on the U.S. job market, one that may delay another cut to interest rates by the Federal Reserve but does not slam the door on it.
The S&P 500 climbed 0.6% and topped its prior all-time high set earlier in the week. The ...
WASHINGTON (AP) — The economy in 2025 was filled with contradictions, as growth was healthy while hiring slowed, inflation stayed elevated and unemployment rose.
Last year’s odd outcomes raise a host of questions for the upcoming year: Will a growing economy eventually boost the sluggish ...
Affordability is a hotter topic than ever in 2026. Many people are struggling to manage rising costs and live within their means, making it harder to justify splurging on things they want but don’t need. That applies to car shopping decisions too. If you need a new vehicle and your budget is ...
WASHINGTON (AP) — President Donald Trump said on social media Thursday that he is directing the federal government to buy $200 billion in mortgage bonds, a move he said would help reduce mortgage rates at a time when Americans are worried about home prices.
Trump and the White House have ...