Tag: bloomberg news

Federal Reserve Chair Jerome Powell said the US central bank is prepared to raise interest rates further if needed and ...

Ford Motor Co. is slashing prices on the electric version of its best-selling F-150 pickup by as much as 17%, as ...

Corners of the consumer and corporate market are beginning to feel the pain from the Federal Reserve’s ultra-aggressive rate hikes, even though ...

The jump in used-car costs that propped up US inflation last month is widely expected to swing into reverse in ...

First Citizens BancShares Inc. agreed to buy Silicon Valley Bank after a run on deposits wiped out the company in ...

Falling battery prices have been one of the most consistent trends in the electric vehicle industry for the last decade. ...

As online used-car dealer Carvana Co.’s share price unwinds at a fever pitch, Wall Street analysts are slashing targets and ...

Carvana Co. said it will eliminate about 1,500 jobs, adding to the growing list of layoffs across corporate America as ...