General Motors‘ goal of being capable of producing 1 million all-electric vehicles in North America by the end of 2025 in heavily in doubt, following comments Monday by CEO Mary Barra. The production capacity target for next year was one of the last EV targets the automaker hadn’t lowered or withdrawn as demand for EVs … Read more
U.S. President Joe Biden delivers remarks following the incident that occurred at a campaign rally for former U.S. President Donald Trump, in Rehoboth Beach, Delaware, U.S., July 13, 2024. Tom Brenner | Via Reuters President Joe Biden said he should not have used the language, “put Trump in the bullseye,” a remark he made to … Read more
Editor’s note: This is a developing story and will be updated throughout the day. Former President Donald Trump on Monday officially received the 1,215 delegates required to become the official GOP presidential nominee at the Republican National Convention in Milwaukee. The designation came moments after Trump on Truth Social announced Sen. JD Vance, R-Ohio, to … Read more
Tim Cook, chief executive officer of Apple Inc., during the Apple Worldwide Developers Conference at Apple Park campus in Cupertino, California, US, on Monday, June 10, 2024. Bloomberg | Getty Apple on Monday released a preview version of its big new iPhone update. The iOS 18 public preview is a beta version of the software … Read more
Independent presidential candidate Robert F. Kennedy Jr. addresses the Libertarian Party’s national convention in Washington, U.S., May 24, 2024. Brian Snyder | Reuters Independent presidential candidate Robert F. Kennedy Jr. will receive Secret Service protection at the direction of President Joe Biden as a result of the attempted assassination of former President Donald Trump, U.S. … Read more
Federal Reserve Chair Jerome Powell said Monday that the central bank will not wait until inflation hits 2% to cut interest rates. Speaking at the Economic Club of Washington D.C., Powell referenced the idea that central bank policy works with “long and variable lags” to explain why the Fed wouldn’t wait for its target to … Read more
Editor’s note: This is a developing story and will be updated throughout the day. The Secret Service is under growing pressure to explain what went wrong in the hours and minutes before a gunman opened fire in an attempted assassination on former President Donald Trump at his Pennsylvania rally on Saturday. One attendee was killed … Read more
JPMorgan Chase CEO and Chairman Jamie Dimon speaks during the U.S. Senate Banking, Housing and Urban Affairs Committee oversight hearing on Wall Street firms, on Capitol Hill in Washington, U.S., December 6, 2023. Evelyn Hockstein | Reuters The leaders of Wall Street’s most powerful firms are speaking out to condemn the attempted assassination of former … Read more
A federal judge in Florida on Monday dismissed the criminal classified documents case against former President Donald Trump and two co-defendants, ruling that the appointment of special counsel Jack Smith as prosecutor for the case violated the appointments clause of the U.S. Constitution. Trump was accused in the case of illegally retaining classified government documents … Read more
Former US President and Republican presidential candidate Donald Trump speaks during a campaign rally at the Historic Greenbrier Farms in Chesapeake, Virginia, on July 28, 2024. Jim Watson | Afp | Getty Images Trump Media shares surged over 50% in premarket trading Monday following the attempted assassination of former President Donald Trump at a rally in Pennsylvania … Read more