Economics

Silver Tesla Model 3 electric car driving on a road with a mountainous background.

Tesla Faces Regulatory Hurdles After $243 Million Autopilot Verdict

The $243 million verdict from a Florida jury in the 2019 Autopilot crash fatality case threatens Tesla's efforts to build...

Meat display case featuring various cuts of meat and a promotional sign in a grocery store.

Price Chopper, Tops Owner Explores Possible Sale

The parent company Northeast Grocery which operates Price Chopper and Tops Friendly Markets is considering a sale that could reach...

The Federal Reserve building in Washington, D.C. with a flag on top and steps leading to the entrance.

Fed Plans Softer Capital Rule in Basel III Overhaul

The Federal Reserve develops a modified capital framework for major U.S. banks which replaces the previous stringent proposal from the...

A white coffee cup filled with espresso on a saucer next to scattered coffee beans.

Brazil Seeks U.S. Tariff Reprieve as Coffee, Beef Hit

Brazil has started to fight back against the extensive U.S. tariff that could affect more than one-third of its exports...

U.S. Treasury Department building featuring a statue of Robert Morris in front.

U.S. Treasury Keeps Bond Auction Sizes Unchanged, Expands Buybacks

The U.S. Treasury Department announced it will maintain steady auction sizes for longer-term notes and bonds during the next several quarters and boost debt buyback operations to...

Chevron gas station canopy with fuel pumps and signage in a clear blue sky.

Chevron Gets Green Light for Limited Venezuela Oil Operations

Chevron obtained a restricted U.S. license to operate limited oil operations in Venezuela according to sources who are familiar with the matter. The license enables Chevron to...

Aerial view of Shanghai showcasing the skyline and the winding Huangpu River with buildings and boats.

U.S., China Resume Talks to Extend Tariff Truce

The main U.S. and Chinese officials gathered in Stockholm on Monday to maintain their delicate trade agreement while working toward a possible presidential meeting between Donald Trump and...

Samsung Exynos 2200 chipset displayed on a circuit board with various components.

Tesla Taps Samsung in $16.5 Billion Chip Deal

The $16.5 billion chip supply agreement between Tesla and Samsung Electronics strengthens the South Korean firm's contract chipmaking unit to achieve parity with industry leaders. The production...

Luxury Brands Face Tariff Test as Growth Slows

Luxury fashion brands must adapt to a new market environment because the U.S.-EU trade agreement established a 15% duty on European imports which affects their pricing abilities...

Jerome Powell adjusting his glasses during a press conference, wearing a dark suit and tie.

Trump Signals Fed May Soon Cut Interest Rates

During a meeting on Friday President Donald Trump indicated that the Federal Reserve might reduce interest rates after his positive encounter with Chair Jerome Powell. The statements...