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Volvo is cutting thousands of jobs in “cost and cash action plan”

Luxury automaker Volvo is slashing 3,000 jobs, representing about 15% of the company's office-based workforce.…

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Bitcoin rally fueled by institutional adoption and upcoming stablecoin legislation

Bitcoin’s rally is rolling on, with its price sitting near a record high as investors…

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Fed Chair Jerome Powell addresses Princeton graduates

Federal Reserve Chair Jerome Powell encouraged students to consider a career in public service and…

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Trump agrees to extend 50% EU tariff deadline to July 2025 after von der Leyen call

President Donald Trump has agreed to a request for an extension on a proposed 50%…

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Treasury Department to end penny production, saving $56 million annually

The U.S. government is phasing out production of the penny, which has been in circulation…

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Target warns its operating in ‘highly challenging environment’

Target missed Wall Street expectations and cut its guidance for the year on Wednesday as…

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JPMorgan CEO Jamie Dimon to allow Bitcoin at the bank

JPMorgan CEO Jamie Dimon still isn't a fan of Bitcoin but he's not letting his…

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Tesla CFO earns staggering $139 million compensation package

Tesla's head of finance received a pay package that amounted to more than most chief…

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GM will stop exporting cars, including the Chevy Tahoe to China

General Motors (GM) is halting the export of some U.S. vehicles to China.  The Detroit-based…

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Musk says he’s committed to leading Tesla for next 5 years

Tesla CEO Elon Musk said in an interview on Tuesday that he plans to remain the…

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