by admin | Apr 25, 2025 | Business
Image via Slate.(NEW YORK) — The country’s electric vehicle market has an affordability problem.Enter Slate, a new company backed by Amazon CEO Jeff Bezos and two investment funds. On Thursday, company executives unveiled an inexpensive, spartan electric...
by admin | Apr 23, 2025 | Business
Spencer Platt/Getty Images) (NEW YORK) — U.S. stocks rallied in early trading on Wednesday, one day after President Donald Trump said tariffs on China would “come down substantially.”Trump also appeared to soften previous attacks on the Federal Reserve, saying...
by admin | Apr 23, 2025 | Business
Karl-Josef Hildenbrand/picture alliance via Getty Images(NEW YORK) — Seniors lost $4.8 billion in 2024 to scammers, according to a report released Wednesday by the FBI.In total, people in the United States lost $16.6 billion in 2024, representing a 33% increase...
by admin | Apr 22, 2025 | Business
Photo by Chip Somodevilla/Getty Images(NEW YORK) — Tesla’s profits fell 71% over the first three months of this year, a company earnings release on Tuesday showed. The company’s performance fell short of analysts’ expectations.The decline...
by admin | Apr 22, 2025 | Business
Smith Collection/Gado/Getty Images(WASHINGTON) — Worldwide protests against Tesla CEO Elon Musk over his role in the Trump administration have coincided with a sales slump and stock woes at the electric carmaker.Little will be known about the precise impact on...
by admin | Apr 22, 2025 | Business
(WASHINGTON) — Some 5 million Americans with defaulted student loan payments will have their loans sent for collections on May 5, the Department of Education announced on Monday.Next month, for the first time since student loan payments were paused due to the...