US wholesale prices fell 0.4% in March, raising questions about inflation and the impact of President Trump's aggressive trade policies. Energy prices led the drop, but food prices also saw a decrease. Is a recession on the horizon?
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General Motors announces a significant reduction in production of its BrightDrop electric delivery vans, impacting 500 jobs and leading to a 20-week idling of the CAMI assembly plant in Canada. This decision reflects a shift in market demand as the automaker struggles to meet revenue expectations for the new subsidiary.
As tariffs loom, car buyers are in a frenzy to lock in pre-price hike deals, while others delay purchases due to economic uncertainties. This chaotic market raises questions for budget-conscious shoppers.
Easter is approaching, but consumers are facing record-high egg prices of $6.23 per dozen. Despite a drop in wholesale prices, consumers won't see relief in time for the holiday. What’s driving these costs?
Framework, the modular laptop maker, pauses sales of certain models due to new tariffs, while Keyboardio warns of skyrocketing import taxes. What does this mean for consumers?
Salesforce CEO Marc Benioff predicts Microsoft's shift towards self-sufficient AI development, distancing itself from OpenAI amid significant investments and technological advancements.
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In a high-stakes clash, Elon Musk challenges Trump's new tariffs, calling for zero tariffs between the U.S. and Europe. As Tesla's sales plummet, the economic implications of this feud could affect millions.
Samsung Electronics reported a surprising Q1 operating profit of 6.6 trillion won, driven by strong demand for memory chips and smartphones amid looming US tariffs. However, analysts predict a potential decline in shipments for the next quarter.
