US economy slows and inflation jumps, damping soft-landing hopes
US economic growth slid to an almost two-year low last quarter while inflation jumped to uncomfortable levels, interrupting a run...
Tesla to cut over 10% of workforce in global retrenchment
Tesla Inc. will slash global headcount by more than 10%, Elon Musk wrote in an email to staff, as the...
US core CPI tops forecasts again, likely delaying Fed rate cuts
A measure of underlying US inflation topped forecasts for a third straight month, heralding a fresh wave of price pressures...
Blowout jobs data raise chance of delayed, fewer Fed rate cuts
The biggest US jobs gain in nearly a year boosts the chances Federal Reserve officials will further delay cutting interest...
Donald Trump’s lenders of last resort: Subprime auto king and online bank
Donald Trump called California “a dumping ground” for “prisoners, terrorists, mental patients” in a September speech. It’s “not a great...
Tesla shares tumble toward make-or-break level in latest wipeout
Tesla Inc.’s disastrous sales report on Tuesday, and traders’ aggressive selling of the stock in the months leading up to...
Rivian beats EV production estimates with shipments rebounding
Rivian Automotive Inc. built and delivered more electric vehicles last quarter than Wall Street expected, giving the automaker a needed...
Tesla has Wall Street worried about how many cars it just sold
Tesla Inc. may be headed for a gloomy milestone as waning demand for electric vehicles and elevated interest rates take...
