US labor market defies slowdown forecasts in broad strengthening
The US labor market unexpectedly strengthened in November with pickups in employment and wages, tempering bets the Federal Reserve will...
US Bank plans to issue $2.5B of auto credit-linked notes
US Bank is issuing $2.5 billion of credit-linked notes tied to a pool of auto loans. It’s the first time...
US economy slowed in recent weeks with inflation, labor cooling
US consumer spending, inflation and the labor market all cooled in recent weeks, adding to evidence that the economy is...
Honda to invest $3.4 billion in electric motorcycles by 2030
Honda Motor Co. will invest ¥500 billion ($3.4 billion) in its electric motorcycle business by 2030 and has raised its...
Car dealers press Biden to ease US electric vehicle mandates
A group of US auto dealers is calling on the Biden administration to pull back on federal regulations that will...
There’s never been a better time to buy an electric car
The battery-powered BMW iX is a technological marvel. It travels up to 321 miles on a charge, its glass sunroof goes opaque...
Mary Barra’s $280B goal confronts a litany of GM hurdles
Mary Barra’s ambitious plan to double General Motors Co.’s revenue to $280 billion by the end of the decade has...
After student loan payments restart, 1.4 million Americans risk defaulting on debt
The resumption of federal student loan payments will likely cause a spike in delinquencies on all kinds of household credit,...
