NEW YORK (AP) — U.S. stocks are leaping Wednesday as a worldwide rally comes back around to Wall Street following updates from President Donald Trump about his plans for the Federal Reserve and his trade war that investors found encouraging. The S&P 500 was 2.7% higher in morning ...
WASHINGTON (AP) — President Donald Trump said Tuesday he has no plans to fire Federal Reserve Chair Jerome Powell, just days after his statement that he would like to terminate the head of the U.S. central bank caused a stock market selloff. "I have no intention of firing him," Trump told ...
NEW YORK (AP) — Elon Musk says he'll be spending less time in Washington slashing government costs and more time running Tesla after his electric vehicle company reported a big drop in profits. Musk said on a conference call with analysts Tuesday that "now that the major work of ...
NEW YORK (AP) — Uncertainty over tariffs and an unpredictable trade war is weighing heavily on companies as they report their latest financial results and try to give investors financial forecasts. Some tariffs remain in place against key U.S. trading partners, but others have been ...
PARIS (AP) — Formula 1's governing body says it has approved General Motors' plans to supply engines for the new Cadillac team from 2029. The FIA's approval on Wednesday comes after GM's Cadillac brand got the final signoff to join the F1 grid next year as the 11th team. The team plans to ...
LONDON (AP) — European Union watchdogs fined Apple and Meta hundreds of millions of euros Wednesday as they stepped up enforcement of the 27-nation bloc's digital competition rules. The European Commission imposed a 500 million euro ($571 million) fine on Apple for preventing app makers ...
