Rep. Donald Payne Jr. dies at age 65
With Payne’s death and the recent resignation of Rep. Mike Gallagher, R-Wis., from the House, the margin in the lower chamber now is 217 Republicans to 212 Democrats.
Ford tops first-quarter earnings estimates as commercial unit offsets EV losses
Sales of Ford Motor trucks and other commercial vehicles led the automaker to beat Wall Street’s earnings estimates for the first quarter.
Wells Fargo becomes bullish on this biotech company
Wells Fargo believes the company’s hyperplasia and depression treatments could each become over $1 billion opportunities.
Why the Fed keeping rates higher for longer may not be such a bad thing
It’s a tough case to sell that higher interest rates today are having a substantially negative impact on the course of the economy.
Elon Musk is keeping investors’ dreams of a Tesla robotaxi alive
Tesla CEO Elon Musk continues to promise investors that autonomy is in the company’s future even as financials deteriorate.
‘A real wildcard’: World’s largest wealth fund issues inflation warning on hot commodity markets
The chief executive of the world’s largest wealth fund says there are many wildcards in financial markets right now.
Boeing reports better-than-feared quarter, says supply chain is stabilizing amid 737 Max crisis
Boeing has been mired in a safety crisis since a door plug blew off a 737 Max 9 in early January.
Jack Dorsey’s payments company, Block, is building its own bitcoin mining system
The company, formerly known as Square, now building a full bitcoin mining system.
Senate passes long-awaited aid for Israel, Ukraine, Taiwan, and TikTok bill
President Biden initially proposed aid for Israel, Ukraine and Taiwan in October.
