
Carmakers Slash Electric Car Prices to the Bone—Industry Warns the Party Can’t Last
Industry leaders say record EV discounts are gutting profits and cannot continue, urging urgent government action.
AI-curated insights and real-time breaking news in the world of finance.
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Industry leaders say record EV discounts are gutting profits and cannot continue, urging urgent government action.

Three scratch-off tickets sold in Erie, Lancaster, and Philadelphia delivered a combined $7.5 million jackpot over one weekend, defying 1-in-32-trillion odds.

Colorado and four other states face an abrupt $1.2 billion childcare funding freeze after clashing with the Trump administration over stricter work-verification rules, leaving tens of thousands of parents scrambling for daycare options.

Financial sectors demonstrate unexpected stability amidst shifts, defying initial predictions of instability.

McDonald’s is quietly preparing a global Pokémon card revival for 2026, betting on nostalgia and engineered scarcity to drive record Happy Meal sales.

GM ends 2025 with a 5.5% U.S. sales bump as thirsty trucks and SUVs offset cooling appetite for electric models.

General Motors roared past 2025 forecasts with a 5.5 % U.S. sales bump, led by surging demand for pickups and large SUVs.

Comcast spins off fiber-and-cloud unit Versant, which debuts on Nasdaq under ticker VSTN and rallies 13% in its first hours of trading.

Global markets start 2026 on a volatile note due to concerns over Venezuela and the reopening of China.

The dollar leapt as investors tuned out Venezuela turmoil and tuned into a slate of U.S. data that hints at a longer rate-hike cycle, powering the greenback to two-month highs.

Private PMI data show China’s services sector expanding at the slowest pace in six months, fanning fears of a broader demand slump.

James Cameron’s sci-fi epic blazes past $1 billion worldwide in just 12 days, setting a 2025 speed record and positioning itself to challenge the all-time box-office list.