Daily News Explorer

The iconic firm blames "minor delay" in deliveries of its ultra-exclusive Valiant cars for the shortfall.

The conforming loan limit (CLL) for mortgages backed by Freddie Mac and Fannie Mae will rise by 5.2% next year to over $800,000, the Federal Housing Finance Agency announced Tuesday.

The appointment came as Donald Trump renewed his vow to raise tariffs on imports from China, Mexico and Canada.

Government claims reforms will reduce gambling-related harm and raise funds to treat addiction.

Most Americans aren't sure what tariffs are, and they're conflicted about whether they matter or not.

Investors are assessing the likelihood Trump will deliver on his threat to impose fresh tariffs on China, Canada and Mexico.

Rising rent costs in New York City are making homeownership nearly impossible. But a new report shows just how much further New Yorkers could stretch their dollars to purchase a home elsewhere.

Traders looked ahead to a key inflation reading due Wednesday morning.

Dan Niles, founder of Niles Investment Management, comments on President-elect Donald Trump's proposed tariffs on China, Mexico and Canada and shares his 2025 market outlook.

Scott Bessent’s former colleagues and rivals see the prospective Treasury secretary as a thoughtful choice with a broad understanding of financial markets.

The president-elect’s threat to hit Canada, Mexico and China with new tariffs is already rocking business and diplomatic relationships and could topple the trade pacts he signed in his first term.

The electric trucks have a side cargo door, more space and, critically, air-conditioning, promising some long-overdue relief for carriers, who haven’t had an upgrade since the 1980s.

Among other things, the retailer will no longer use the term D.E.I.

Automakers and parts suppliers would struggle if President-elect Donald J. Trump followed through on his threat to impose 25 percent tariffs on imports from Canada and Mexico.

The Silicon Valley company will receive less money from the CHIPS Act after winning a $3 billion military contract and changing some of its investment commitments.

Former Patriots and Buccaneers superstar tight end Rob Gronkowski revealed that his shares in tech giant Apple have proven to be his "best investment" to date.

Minutes from a Nov. 6-7 meeting showed that Federal Reserve policymakers saw the labor market stabilizing and signs of economic strength.

A threat of new tariffs from President-elect Donald Trump has Wall Street telling clients this may only be the beginning of a new era for US trade policy.

Investors are assessing the likelihood Trump will deliver on his threat to impose fresh tariffs on China, Canada and Mexico.

Federal Reserve officials expressed confidence that inflation is easing and the labor market is strong, allowing for further interest rate cuts albeit at a gradual pace.

Databricks is raising at least $5 billion in cash — though it could raise as much as $8 billion — pegging its new valuation at $55 billion, sources say.

In their initial round of responses to Trump's surprise announcement on Monday for a 25% tariff on imports from Canada and Mexico and an additional 10% levy on Chinese goods until they clamped down on illicit drugs and migrants crossing the border, leaders and other top officials urged dialogue and cooperation. "To one tariff will come another and so on, until we put our common businesses at risk," Mexican President Claudia Sheinbaum said during a regular press conference.

President-elect Donald Trump's agenda carries risks and rewards for various investment sectors, market experts said.

Walmart is scaling back some of its diversity initiatives, becoming one of the most prominent companies yet to make such an about-face as activist pressure builds.

Chicago Federal Reserve President Austan Goolsbee said the neutral rate is "well below" where it is right now, and policymakers can cut further so long as the economy does not overheat.

California Gov. Gavin Newsom may exclude Tesla and other automakers from an EV rebate program if the incoming Trump administration scraps a federal tax credit for EV purchases.

It took Donald Trump three weeks to provide his first concrete signal that he is serious about imposing new tariffs, setting up a flurry of diplomatic and legal maneuverings in the weeks and months to come.

Kohl's announced that CEO Tom Kingsbury is stepping down in January. He will be replaced by Ashley Buchanan, the current chief executive of arts and crafts retailer Michaels.

The drug, which is named MariTide and delivered in a monthly injection, is years from being sold, but caused an average of up to 20 percent weight loss in a small group of patients.

It is one of a number of tech firms pushing back against Australia's plan to ban social media for under-16s.

Trump's pick for Treasury secretary wants to cut federal deficits to the levels of Barack Obama's presidency. Those days are long gone.

Car giant Stellantis, which owns Vauxhall, has announced it will close its van factory in Luton.

Investors are assessing the likelihood Trump will deliver on his threat to impose fresh tariffs on China, Canada and Mexico.

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The US president-elect is using tariffs as a weapon of diplomacy, even coercion, says BBC economics editor Faisal Islam.

Some major restaurants are open on Thanksgiving for those last-minute planners looking to celebrate the holiday without the hassle of cooking.

The dollar gained and investors sold off stocks after the president-elect promised to levy new restrictions on the United States’ biggest trade partners.

Nine out of 10 Black Friday offers are cheaper or the same price at other times of the year, Which? finds.

Investors are assessing the likelihood Trump will deliver on his threat to impose fresh tariffs on China, Canada and Mexico.

UniCredit offered to snap up Banco BPM for roughly $10.5 billion on Monday.

The government faces pressure from the industry to make changes to electric vehicle sales quotas.

Wall Street's debate over what parts of Donald Trump's proposed policies will actually be enacted in 2025 have led to a choppy few weeks of trading action.

Vertical Aerospace will now be controlled by an American financier after the multi-million deal.

While China could offset American tariffs by letting its currency fall, that might endanger Beijing’s recent efforts to stabilize the economy.

The early reviews for Treasury secretary nominee Scott Bessent from Wall Street are in — and they're positive. But now the hard part begins.

The biggest threat to Google as it faces a proposed breakup of its empire are the limitations placed on a $175 billion search engine business that drives more than half of all revenue for parent company Alphabet.

(Reuters) -President-elect Donald Trump on Monday pledged big tariffs on the United States' three largest trading partners - Canada, Mexico and China - detailing how he will implement campaign promises that could trigger trade wars. Trump, who takes office on Jan. 20, 2025, said he would impose a 25% tariff on imports from Canada and Mexico until they clamped down on drugs, particularly fentanyl, and migrants crossing the border, in a move that would appear to violate a free-trade deal.

(Bloomberg) -- The dollar strengthened and shares dropped after President-elect Donald Trump said the US will impose additional tariffs on China, Mexico and Canada, ratcheting up concerns about his “America First” policies.Most Read from BloombergNew York City’s ‘Living Breakwaters’ Brace for Stormier SeasIn Kansas City, a First-Ever Stadium Designed for Women’s Sports Takes the FieldNYC's Underground Steam System May Be Key to a Greener FutureNYC Gets Historic Push for 80,000 Homes With $5 Bill

Last year, a chip breakthrough put Huawei on top of the Chinese smartphone market. Now it is rolling out its newest phone, the Mate 70 series.

(Bloomberg) -- Bitcoin posted its longest losing streak in the period since Donald Trump’s US election victory, after a failed run at $100,000 cooled the speculative fervor sparked by the president-elect’s embrace of crypto.Most Read from BloombergNew York City’s ‘Living Breakwaters’ Brace for Stormier SeasIn Kansas City, a First-Ever Stadium Designed for Women’s Sports Takes the FieldNYC's Underground Steam System May Be Key to a Greener FutureNYC Gets Historic Push for 80,000 Homes With $5 Bil

The BBC speaks to young people yet to enter the workforce as well as those who have chosen to leave it.