U.S. News
GM reports 4.2% decline in Q2 U.S. sales as EV demand falls
General Motors’ second-quarter U.S. sales fell 4.2% as year-over-year demand for its all-electric vehicles and Chevrolet Silverado pickup trucks declined.
South Korean government discriminated against Coupang, U.S. companies, House report finds
The House Judiciary Committee said the South Korean government discriminated against Coupang and other U.S. companies, in a new report.
Private payrolls rose by 98,000 in June, less than expected, ADP reports
Companies added slightly fewer workers than forecast, with hiring targeted heavily toward healthcare-related sectors.
Demand for riskier mortgages drops, as their advantages shrink
The spread between the 30-year fixed-rate mortgage and adjustable-rate loans is narrowing, causing demand for ARMs to weaken.
Oil prices fall after Trump says U.S.-Iran talks in Qatar are going well
Oil prices were lower on Wednesday after Iran said it would not meet with U.S. delegates for talks in Qatar, amplifying concern about the peace process.
Blue Origin pivots to redesigned launchpad after explosion in push to fly by end of 2026
Blue Origin won’t be “rebuilding the same pad,” and will instead adopt a configuration that was in development for a larger variant of its New Glenn rocket.
Cleveland Fed President Hammack says AI could fuel inflation, rate hikes may be necessary
“We’ve got inflation that’s too high, and it’s been too high for the past five years,” Beth Hammack told CNBC’s Sara Eisen.
Trump’s massive defense budget, depleted war machine, spark U.S. state battle for business and jobs
Trump’s huge defense budget request and a race to replenish weapons stocks while building hypersonic missiles lead to war between U.S. states for jobs.
Do you really, really love your job? Then you’re not alone, according to surprising results from this survey
Those surveyed showed a 78.9% rate of workers who “reported feeling positive at the end of their shifts.”
Digital Realty falls 5% after taking $3.5 billion stake in Blackstone’s Virginia data centers
Digital Realty fell in premarket trading Tuesday after it announced its buying a $3.5 billion stake in three data centers from asset manager Blackstone.
Waymo and Uber end robotaxi pilot in Phoenix
The Waymo self-driving cars deployed in Phoenix for the Uber pilot will remain in use and make autonomous deliveries with DoorDash.
Waymo and Uber end robotaxi pilot in Phoenix
The Waymo self-driving cars deployed in Phoenix for the Uber pilot will remain in use and make autonomous deliveries with DoorDash.
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