Finance
G.M. Profit Down 7% in Strike-Affected Quarter
General Motors said on Tuesday that it made $3.1 billion in profit from July through September, a year-over-year decline of...
A Push for Tech Hubs in Overlooked Places Picks 31 to Vie for Money
The Biden administration said on Monday that it had chosen 31 regions as potential recipients of federal money that would...
U.A.W. Expands Strike to a Ram Plant in Michigan
In a major escalation of its six-week strike at the three large U.S. automakers, the United Automobile Workers union on...
How High Interest Rates Sting Bakers, Farmers and Consumers
Home buyers, entrepreneurs and public officials are confronting a new reality: If they want to hold off on big purchases...
The Multimillion-Dollar Machines at the Center of the U.S.-China Rivalry
They are smooth white boxes, roughly the size of large cargo vans, and they are now at the heart of...
Powell Says Strong Economic Data ‘Could Warrant’ Higher Rates
Jerome H. Powell, the chair of the Federal Reserve, reiterated the central bank’s commitment to moving forward “carefully” with further...
American Household Wealth Jumped in the Pandemic
American families saw the largest jump in their wealth on record between 2019 and 2022, according to Federal Reserve data...
For Bill Ford, ‘Every Negotiation Is a Roller Coaster’
As a 25-year-old junior executive at the car company that bears his last name, William Clay Ford Jr. had a...
U.S. Tightens China’s Access to A.I. Chips
The Biden administration on Tuesday announced additional limits on sales of advanced semiconductors by American firms, shoring up restrictions issued...
A Higher Monthly Payment, but Less Square Footage
Two years ago, when interest rates were low, the average Hayden home was a 1,900 square-foot three-bedroom that cost $500,000,...
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