Powell to set stage for slowing Fed rate hikes amid hawkish tone
Chair Jerome Powell is expected to this week cement expectations that the Federal Reserve will slow its pace of interest-rates...
Carvana’s unwinding triggers cascade of warnings on Wall Street
As online used-car dealer Carvana Co.’s share price unwinds at a fever pitch, Wall Street analysts are slashing targets and...
Carvana stock rout hits 97% this year with used-car prices crumble
Online car dealer Carvana Co.’s shares tumbled to an all-time low as investors grow more concerned about the continuing decline...
Carvana to cut 1,500 jobs as online auto dealer’s troubles mount
Carvana Co. said it will eliminate about 1,500 jobs, adding to the growing list of layoffs across corporate America as...
Carvana holders gird for worst with credit risk, losses mounting
It took Carvana Co. just a few years to grow from a startup to the second-biggest used car seller in the US....
Automakers brace for GOP-led house to try to erode EV incentives
Automakers have long relied on incentives to bolster the electric-vehicle market. With Republicans now set to take control of the...
GM’s electric car line will be profitable in 2025, Barra says
General Motors Co. plans to tell investors that the company expects its electric-vehicle program to be profitable in 2025, the...
US inflation slows more than forecast, gives Fed downshift room
US inflation cooled in October by more than forecast, offering hope that the fastest price increases in decades are ebbing...
