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GM takes $1.6B financial hit as EV tax credit changes force strategy overhaul
General Motors said Tuesday that it plans to take a $1.6 billion charge in the third quarter as it revamps its electric vehicle strategy as the end of the federal government's…
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Fed's Powell points to persistent labor market weakness as government shutdown delays official reports
Federal Reserve Chair Jerome Powell on Tuesday said that the economy continues to see a softening of the labor market despite the government shutdown delaying the release of…
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How homeowners can earn rewards points for paying their mortgage
Homeowners will soon have the chance to start earning rewards points for paying off their mortgage every month. Bilt, a loyalty program designed to help members utilize their…
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Prediction markets see cloudy outlook as traders bet on extended shutdown
Traders on prediction platforms Kalshi and Polymarket are wagering that the federal government shutdown will extend well into next month, as partisan gridlock shows little…
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Goldman's profit beats estimates as dealmaking rebound boosts investment banking
Goldman Sachs beat Wall Street expectations for third-quarter profits on Tuesday, as its investment bankers earned higher advisory fees and rallying markets boosted revenue…