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.
USA
Ford Says Tariffs Will Cost Company $1.5 Billion in 2025
Ford Motor also reported a sharp drop in profits in the first three months of the year.
How the US can mine its own critical minerals − without digging new holes
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.
Being honest about using AI at work makes people trust you less, research finds
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.
Scott Bessent Urges Investors to Bet on Trump’s Economic Plan
The Treasury secretary urged executives and entrepreneurs to look beyond the Trump administration’s trade agenda.
Would the Housing Crisis Ease if Boomers Rented Out Their Empty Rooms?
Millions of single-family homes are underused, on spacious lots. Refitting them for “roommate houses” or backyard cottages could make a difference.
Oil Prices Are Falling. Here’s Where That Could Spell Trouble.
For countries that depend heavily on oil revenue, dropping prices are worrisome.
A Tidal Wave of Change Is Headed for the U.S. Economy
American consumers are not yet seeing much evidence of the drastic changes President Trump has made on trade. But they are on their way.
Trump Ends Chinese Tariff Loophole, Raising the Cost of Online Goods
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.
U.S. and China Dig In on Trade War, With No Plans for Formal Talks
The standoff over terms of negotiations, and whether they are happening, signals that a protracted economic fight lies ahead.
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