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Vice President JD Vance and Donald Trump's sons promoted cryptocurrency at the Bitcoin 2025 conference in Las Vegas, highlighting its potential to benefit Americans. While cryptocurrency adoption remains relatively low (…
A federal judge has rejected Elon Musk and the Department of Government Efficiency's (DOGE) motion to dismiss a lawsuit alleging illegal access to government data, contract cancellations, and employee firings. Fourteen s…
Ford is recalling over 1 million vehicles in the US due to a software problem causing delayed, frozen, or blank rearview camera images. Affected models include the Bronco, Edge, F-150, Escape, Expedition, Mustang, Mustan…
Abercrombie & Fitch's stock surged 25% despite a lowered profit outlook due to tariffs, impacting earnings by $50 million. First-quarter results exceeded expectations, with EPS at $1.59 (vs. $1.39 expected) and revenue a…
Brazilian prosecutors are suing BYD, a Chinese electric vehicle company, and two contractors for alleged slave-like labor conditions at a Brazilian factory construction site. 220 Chinese workers were rescued last year fr…
Macy's exceeded first-quarter earnings expectations, reporting adjusted EPS of $0.16 versus the expected $0.14 and revenue of $4.6 billion versus the expected $4.5 billion. However, the company lowered its full-year prof…
Stellantis appointed Antonio Filosa as its new CEO, effective June 23. Filosa, a 25-year veteran and former Jeep CEO, succeeds Carlos Tavares who resigned in December. The appointment follows a period of declining profit…
Nintendo Switch 2 consoles are arriving at retail stores like Target and Walmart ahead of their June 5th launch. Photos show numerous consoles, some secured in cages within stores, raising concerns about potential theft …
Trump Media and Technology Group (TMTG), majority-owned by Donald Trump and his family, secured $2.5 billion to amass a significant bitcoin treasury. Initially denying the Financial Times report, TMTG later confirmed rai…
Stocks surged Tuesday following President Trump's postponement of EU tariffs. The S&P 500 rose 2%, the Dow gained 1.7%, and the Nasdaq climbed 2.4%. Lower yields on 10-year Treasury notes indicated increased investor dem…
Tesla's European and UK sales plummeted 49% year-over-year in April, reaching only 7,261 vehicles. This sharp decline, despite the launch of the new Model Y, contrasts with competitors' performance and suggests that Elon…
Southwest Airlines' free checked baggage policy ends today, marking a significant shift in its decades-long strategy. Passengers will now pay $35 for the first bag and $45 for the second, unless they are Rapid Rewards A-…
Tesla's European sales plummeted 49% in April, reaching only 7,261 units compared to 14,228 in April 2022. This sharp decline contrasts with a 28% rise in overall electric vehicle sales across Europe. The drop is attribu…
Salesforce is acquiring Informatica, a cloud data management firm, for $8 billion. The deal aims to strengthen Salesforce's AI capabilities, specifically its Agentforce platform, by integrating Informatica's data managem…
The EU and the U.S. are intensifying trade negotiations after President Trump delayed a 50% tariff on European goods until July 9th. EU Trade Commissioner Maros Sefcovic confirmed "good calls" with U.S. officials, emphas…
Volvo Cars, owned by China's Geely Holding, will cut approximately 3,000 jobs, mainly office-based roles in Sweden. This is part of a broader cost-cutting plan aimed at strengthening the company amid industry challenges …
Four former Volkswagen executives received prison sentences for their roles in a decade-long emissions cheating scandal. Jens Hadler received the longest sentence of four and a half years, while others received lesser se…
Four former Volkswagen executives received prison sentences totaling 17 years for their roles in the 2015 emissions-cheating scandal. Jens Hadler, head of diesel engine development, received the longest sentence of four …
Apple shares plummeted after President Trump threatened 25% tariffs on iPhones not manufactured in the US. This adds to Apple's existing 22% year-to-date loss, underperforming its tech peers. The stock has seen eight con…
Memorial Day weekend offers significant discounts on TVs, especially 65-inch models under $400 at Amazon. New releases from CES 2025 are also included in sales. Deals are available at major retailers like Amazon, Best Bu…
Apple CEO Tim Cook declined an invitation to join President Trump's Middle East trip, a decision that reportedly angered the president. During a speech in Riyadh, Trump publicly praised Nvidia CEO Jensen Huang for attend…
David Schottenstein recounts his enduring relationship with Rabbi Sholom Ber Lipskar, highlighting two instances of Rabbi Lipskar's unwavering support. First, in 2021, Rabbi Lipskar's advice led to a favorable medical di…
BYD's stock plummeted 8.25% after announcing price cuts on 22 electric and plug-in hybrid models. The reductions, up to 34%, aim to boost sales, with analysts predicting a significant increase in dealership visits. Other…
President Trump's threatened 50% tariffs on the European Union, higher than the current 30% on China, have been delayed until July 9th following a call with EU President von der Leyen. Analysts viewed the initial announc…
Federal Reserve Chairman Jerome Powell, a Princeton graduate in politics, revealed in his Baccalaureate address that he initially found economics "boring and useless." His post-graduation experience included working in a…