China’s exports tumble 7.5% in March and imports also fall as demand slows
HONG KONG (AP) — China’s exports contracted in March after growing in the first two months of the year, underscoring the uneven nature of the…
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US investigates gasoline leaks in the Bronco Sport, saying Ford’s remedy doesn’t fix the problem
DETROIT (AP) — The U.S. government’s auto safety agency has opened an investigation into a Ford recall for gasoline leaks from cracked fuel injectors that…
JPMorgan reports 6% rise in 1Q profits as bank earnings season begins. Wells Fargo profit falls
NEW YORK (AP) — JPMorgan Chase reported a modest 6% rise in first quarter profits on Friday, as the major banks start reporting their quarter…
JPMorgan Chase
FILE – Pedestrians approach JPMorgan Chase headquarters on Dec. 29, 2023, in New York. JP Morgan reports earnings on Friday, April 12, 2024.
Kristalina Georgieva
Kristalina Georgieva
Stock market today: Wall Street still reeling after hot US inflation data foils rate cut hopes
Wall Street continued to reel Thursday from a hotter than expected inflation report that sent stocks tumbling a day earlier. Futures for the S&P 500…
European Central Bank leaves rates unchanged as world’s central banks wrestle with when to cut
FRANKFURT, Germany (AP) — The European Central Bank left its key interest rate benchmark unchanged Thursday, choosing to wait for confirmation that rapidly receding inflation…
U.S. inflation up again in March in latest sign price pressures remain elevated
WASHINGTON — Consumer price increases remained high last month, boosted by gas, rents, and car insurance, the government said Wednesday in a report that will…
Tesla settles lawsuit over man’s death in a crash involving its semi-autonomous driving software
SANTA CLARA, Calif. — Tesla has settled a lawsuit brought by the family of a Silicon Valley engineer who died in a crash while relying…
Norfolk Southern agrees to pay $600M in settlement related to train derailment in eastern Ohio
Norfolk Southern has agreed to pay $600 million in a class-action lawsuit settlement related to a fiery train derailment in February 2023 in eastern Ohio….