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Tesla’s June robotaxi deadline looms as political backlash builds over Elon Musk
Elon Musk has been promising investors for about a decade that Tesla's cars are on the verge of turning into robotaxis, capable of driving themselves cross-country, after one big software update.That hasn't happened yet.What Tesla offers…
Buy these cheap dividend-paying stocks with hot yields, says Bank of America
Investors looking to ride out the market turmoil may turn to dividend-paying names. Stocks have been selling off since President Donald Trump signed his tariff policy Wednesday, which imposes 10% duties across the board and higher levies…
‘Oh, sh—’: RH CEO reacts live to stock tanking on tariffs, poor earnings
RH CEO Gary Friedman watched the luxury furniture retailer's stock tank during its earnings conference call with analysts Wednesday amid the unveiling of President Donald Trump's tariff policy.Two words summed up the situation:"Oh, sh--.…
20 items and goods most exposed to price shocks from Trump tariffs
Employees at a clothing factory in Vo Cuong, Bac Ninh province, in Vietnam.SeongJoon Cho/Bloomberg via Getty ImagesThe Trump administration's plan to slap steep tariffs on goods from dozens of countries is expected to spike prices for…
Mortgage rates tumble on tariffs, but housing costs still near record high
Mortgage rates fell sharply Thursday following the Trump administration's tariff announcement.The average rate on the popular 30-year fixed loan plunged 12 basis points to 6.63%, according to Mortgage News Daily. That put it at the…
Shoppers will pay more for bananas, coffee and toilet paper because of tariffs, trade
A customer shops for produce at an H-E-B grocery store in Austin, Texas, on Feb. 12, 2025.Brandon Bell | Getty ImagesShoppers will likely pay more for coffee, bananas, vanilla and toilet paper over the coming weeks as the Trump…
Stellantis idles plants in Mexico and Canada due to tariffs
The Stellantis Windsor Assembly Plant is shown on April 1, 2025 in Windsor, Canada. Bill Pugliano | Getty ImagesDETROIT — Stellantis is pausing production at two assembly plants in Canada and Mexico as the company attempts to navigate…
Manhattan’s luxury real estate market sees best first quarter in six years
People walk by a view of residential luxury towers along nicknamed Billionaires Row, a stretch of 57th Street that holds the majority of Manhattan’s supertall luxury towers on May 16, 2022 in New York City. Spencer Platt | Getty Images…
Trump’s massive 46% Vietnam tariffs could hit Nike, American Eagle and Wayfair
File: workers at the Maxport factory, which makes activewear for various textile clothing brands, in Hanoi. Nhac Nguyen | Afp | Getty ImagesRetailers and brands have turned to Vietnam to manufacture goods from sneakers to couches while…
Aston Martin shares pop as Canadian billionaire Lawrence Stroll invests more cash
An Aston Martin DB12 is displayed in the Mayfair showroom on Park Lane on January 09, 2025 in London, England. John Keeble | Getty Images News | Getty ImagesShares of Aston Martin jumped as much as 13% on Monday after the British luxury…