Car sellers warn investors of possible financial hit from cyberattack
Some of the largest auto dealers in North America are warning of a potential “material” impact to their finances from ...
Tag: bloomberg
Car dealers are idle across the US after second cyberattack
Auto retailers across the US are likely to be out of service for days following a second major cyberattack at ...
Waabi raises $200 million to deploy driverless trucks by 2025
Autonomous driving startup Waabi Innovation Inc. has raised $200 million from investors including Uber Technologies Inc., Nvidia Corp. and Volvo ...
Fed officials dial back rate forecasts, signal just one ’24 cut
Jerome Powell during a news conference following a Federal Open Market Committee meeting in Washington, DC on June 12.Photographer: Al ...
US housing starts, permits fall short as mortgage rates rise
New US home construction rose by less than forecast in April and permits for new activity dropped, suggesting the recent ...
Supreme Court upholds consumer watchdog’s funding
The US Supreme Court upheld the Consumer Financial Protection Bureau’s funding system, lifting a legal threat that could have derailed ...
Fed Says More Banks Tightened Loan Standards to Start 2024
More US banks reported stricter credit standards in the first quarter, according to the Federal Reserve. The net share of ...
Payrolls in US construction industry rise by most since May 2022
US construction firms boosted payrolls last month by the most since May 2022, helping the overall labor market nail down ...
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