GM Cuts Profit Forecast by 20% and Says Auto Tariffs Will Cost It Billions
General Motors now expects to earn a lot less than it did before President Trump imposed 25 percent tariffs on imported cars and auto parts.
General Motors now expects to earn a lot less than it did before President Trump imposed 25 percent tariffs on imported cars and auto parts.
Ford Motor also reported a sharp drop in profits in the first three months of the year.
Piles of rare earth oxides praseodymium, cerium, lanthanum, neodymium, samarium and gadolinium. Peggy Greb/USDA-ARSEvery time you use your phone, open your computer or listen to your favorite music on AirPods, you are relying on critical minerals.
Whether you’re using AI to write cover letters, grade papers or draft ad campaigns, you might want to think twice about telling others. That simple act of disclosure can make people trust you less, our new peer-reviewed article found.
The Treasury secretary urged executives and entrepreneurs to look beyond the Trump administration’s trade agenda.
Millions of single-family homes are underused, on spacious lots. Refitting them for “roommate houses” or backyard cottages could make a difference.
Increased payroll taxes are one element of a desperate bid in Kenya to keep the government running and pay off the country’s foreign creditors.
For countries that depend heavily on oil revenue, dropping prices are worrisome.
American consumers are not yet seeing much evidence of the drastic changes President Trump has made on trade. But they are on their way.
Supporters say the change is important to stop cheap Chinese goods from entering the U.S. But the decision could drive up prices for goods Americans buy online.