Automakers head north to test new cars. This year is proving more difficult
VolvoWhen Swedish automaker Volvo opened its proving ground in Kiruna, Sweden, 30 years ago, the mission was clear: "Making sure that our products are... Read More.
Business
Economists say Trump tariff threats, DOGE job cuts are chilling the economy
(WASHINGTON) -- Economists say the uncertainty from President Donald Trump’s tariff threats and mass layoffs of government workers are starting to have a “chilling”... Read More.
Consumer confidence falters, signaling worry about economy under Trump
(NEW YORK) -- Consumer confidence plummeted in February, indicating worry about the direction of the U.S. economy under President Donald Trump.A gauge of... Read More.
Americans credit card debt reaches new record high: New York Federal Reserve
(NEW YORK) -- Americans' household debt -- including credit cards, mortgages, auto loans and student loans -- is at a new all-time high $18.04... Read More.
Tesla shares have plunged while Musk takes on Washington. Is that the reason?
(NEW YORK) -- While Elon Musk has vaulted into a powerful role overhauling government agencies and upending Washington, the world's richest person has suffered... Read More.
Inflation increased in January, posing obstacle for Trump tariff plans
(NEW YORK) -- Consumer prices rose 3% in January compared to a year ago, ticking up from the previous month and posing an obstacle... Read More.
Ex-employees say Tom Krause, tapped by Musk to overhaul Treasury, was a hatchet man
(NEW YORK) -- An Elon Musk ally hired to overhaul the U.S. Department of Treasury has a lengthy record of undertaking hardline reforms in... Read More.
Quiksilver, Billabong and Volcom stores are closing in the US in 2025
(NEW YORK) -- Quiksilver, Billabong, and Volcom, known for their surf and skate products, are closing stores in the United States.The parent company of... Read More.
Trumps tariffs could increase home prices and mortgage rates, some experts say
(WASHINGTON) -- Housing prices are soaring twice as fast as overall inflation. The average rate on a 30-year mortgage topped 7% in January for... Read More.
Trumps tariffs threaten job losses, experts say. These may be the hardest hit
(WASHINGTON) -- Autoworkers, farmers and alcohol distillers are among a set of U.S. workers who risk losing their jobs as a result of potential... Read More.
Trumps tariffs send stock market falling
(NEW YORK) -- The stock market fell on Monday after President Donald Trump slapped tariffs on Canada, Mexico and China, eliciting threats of retaliation... Read More.
These prices could climb within days if Trump slaps tariffs on Canada and Mexico
(WASHINGTON) -- Tariffs on goods from Mexico and Canada that are set to take effect could hike the price of a gallon of gasoline... Read More.
