Markets have been choppy after the S&P 500 and the Nasdaq extended gains to an eighth straight session on Monday.
Read More Wall St little unchanged as investors await Fed cues
Category: Business
BMW recalls over 720,000 vehicles over short circuit concern, NHTSA says
BMW is recalling 720,796 U.S. vehicles over concerns of a short circuit, the National Highway Traffic Safety Administration said.
Read More BMW recalls over 720,000 vehicles over short circuit concern, NHTSA says
Fed is predicted to deliver three quarter-point rate cuts this year: Reuters poll
The U.S. Federal Reserve will cut interest rates by 25 basis points at each of the remaining three meetings of 2024.
Read More Fed is predicted to deliver three quarter-point rate cuts this year: Reuters poll
GM lays off over 1,000 salaried software, services employees
GM said Monday it is laying off more than 1,000 salaried employees at its software and service units worldwide.
Read More GM lays off over 1,000 salaried software, services employees
Ford to recall about 85,000 vehicles due to risk of engine fire
Ford is recalling about 85,000 Explorer SUVs equipped with the Police Interceptor Utility package over concerns of an engine fire.
Read More Ford to recall about 85,000 vehicles due to risk of engine fire
Wall St marches ahead as retail sales quell slowdown worries
Wall Street’s main indexes rose about 1% on Thursday as retail sales data for July indicated resilient consumer spending.
Read More Wall St marches ahead as retail sales quell slowdown worries