Financial News
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Biden Seeks to Boost Fuel Economy to Thwart Trump Rollback
The Biden administration wants automakers to raise gas mileage and cut tailpipe pollution between now and model year 2026, and it has…
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Worst-Case Scenario: Firms wrestle with supply bottlenecks
WASHINGTON (AP) — Toy maker Eric Poses created a card game last year he called The Worst-Case Scenario, a wry reference to…
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BMW Reaps $5.7 Billion in Profit, Warns on Parts Shortages
BMW reported 4.8 billion euros ($5.7 billion) in net profit in the second quarter, rounding out a strong earnings season for Germany’s…
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Global Stocks Rise Although China’s Manufacturing Slows
SINGAPORE (AP) — Global stocks started the week higher Monday, even as China reported a slowdown in manufacturing activity and countries continued…
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Bitcoin Price Over $41K After Longest Streak in 8 Years
Stiff price resistance is still seen in the low $40,000 range, but analysts are wondering aloud if the worst of the recent…
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US Stocks Slip but are Still on Track for 6th Monthly Gain
NEW YORK (AP) — U.S. stock indexes slipped on Friday, with much of the downward weight coming from a stumble for high-flying…
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Exxon Q2 Posts Profit $4.7B in Profit as Demand for Fuel
NEW YORK (AP) — Exxon Mobil swung back to a second-quarter profit and topped expectations as demand for fuel recovered from lows…