US homebuilder sentiment drops to five-month low on tariff costs
Confidence among US homebuilders dropped in February to the lowest since before President Donald Trump took office as high mortgage ...
Tag: bloomberg
Powell tells Congress Fed still in no rush to lower rates
Federal Reserve Chair Jerome Powell said the central bank doesn’t need to rush to adjust interest rates, again signaling that ...
Trump plans to impose 25% tariffs on steel, aluminum imports
President Donald Trump plans to impose 25% tariffs on all US imports of steel and aluminum, broadening his trade restrictions ...
DOGE-backed halt at CFPB comes amid Musk’s plans for ‘X’ digital wallet
In another weekend takeover of a federal agency's operations, staffers from an efficiency initiative led by billionaire Elon Musk helped ...
Nikola considers bankruptcy, capping EV maker’s wild ride
Nikola Corp. is exploring a possible bankruptcy filing, according to people familiar with the matter, following a tumultuous period in ...
Trump tariffs risk $29,000 rise in US home building costs
President Donald Trump’s tariff plans threaten to raise US home construction costs, making it even more difficult for Americans already ...
Volvo taps Canadian AI startup Waabi in self-driving truck push
Volvo AB plans to develop autonomous trucks using technology from Canadian artificial intelligence startup Waabi Innovation Inc., with a goal ...
US manufacturing activity expands for first time since 2022
US factory activity expanded last month for the first time since 2022 as orders ramped up and production quickened, pointing ...
