Under pressure from the federal government, General Motors is recalling nearly 3.8 million big pickup trucks and SUVs in the U.S and Canada to fix a brake problem. The recall covers the Chevrolet Silverado and GMC Sierra 1500, 2500 and 3500 pickups from the 2014 through 2018 model years. Also […]
With the capsized cargo ship blocking commerce and threatening the environment, “this is definitely something that we want to get right the first time.”
President Donald Trump downplayed a Bloomberg report that his administration was preparing to do a temporary deal with China, potentially rolling back some of the import tariffs recently imposed on Chinese goods.
(Bloomberg) — Turkey delivered another interest-rate cut that exceeded forecasts while signaling the central bank could now proceed with caution as it navigates the conflicting demands of the presidency and markets.
The company also announced it will hire more than 130,000 seasonal workers for the busy holiday shopping season.
Democratic Gov. Gavin Newsom has said he supports the legislation, which now heads for his desk.
“As things change — also this forward guidance and the policy may change — not tomorrow, not the day after tomorrow, but I wouldn’t think it’s there for the next decades,” Robert Holzmann said in an interview with Bloomberg on Friday in Helsinki. Lagarde is not “a weak person who’ll say I’m locked in one or the other way.”
(Bloomberg) — The Swiss Bankers Association criticized the central bank’s policy of negative rates, saying it was causing “massive structural damage” to the economy.
When it comes to credit, Americans are scoring better than ever. For the first time, the average national credit score has reached 706, according to FICO, the developer of one of the most commonly used scores by lenders. FICO scores range from 300 to 850. A good score generally is […]
The letter, signed by the chief executives of Uber, Levi Strauss & Co., Twitter and Royal Caribbean Cruises Ltd., among other companies, calls firearm violence “a public health crisis that demands urgent action.”