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Retail Sales, Housing Data on Tap in Holiday-Shortened Week
US News & World Report· 4 days agoAfter a week with two positive reports on inflation and a signal from the Federal Reserve that an interest rate cut is likely this year, the markets and economy will take something of a breather ...
Consumers tapping out amid sticky inflation and slowing job market
TheStreet via Yahoo Finance· 2 days agoPayroll-processing group ADP noted earlier this month that workers seeking new roles saw pay gains...
Fisker files for bankruptcy after rescue talks collapsed
Autocar articles via Yahoo News· 3 days agoTalks with that manufacturer, widely understood to have been Nissan, collapsed. That deal would have...
EV Startup Fisker Files for Bankruptcy
GEARJUNKIE via Yahoo Finance· 3 days agoThough the electric vehicle market has seen heavy investment in recent years, demand still hasn’t reached the levels that auto executives had hoped. Even...
What the EU’s tariffs on Chinese EVs mean for carmakers in both markets
South China Morning Post· 1 day agoThe provisional duties vary between 17 and 38 per cent depending on each carmaker’s level of...
What the EU's extra tariffs on China's electric vehicles mean for carmakers in both markets
South China Morning Post via Yahoo Finance· 1 day agoThe European Union announced on June 12th that it would levy additional tariffs of up to 38 per cent on Chinese electric vehicles (EVs), which could deal a blow to domestic EV companies. Unlike ...
Pound Sterling retreats to 1.2670 as UK inflation and BoE's policy decision loom large
The Forex Market· 3 days agoThe UK headline CPI is expected to have decelerated to the bank’s target of 2% in May. Fed’s Harker...
Fisker, Maker Of The Ocean SUV, Files For Bankruptcy
InsideEVs· 3 days agoThe company said in a statement that it is in “advanced discussions with financial stakeholders regarding debtor-in-possession financing and the sale of...
Ford Valencia and Spain’s UGT bureaucracy launch another round of jobs cuts
World Socialist Web Site· 1 day agoFord Spain has announced a new Redundancy Scheme (ERE) at its Almussafes plant in Valencia to cut...
JD Supra: Foley Automotive Update
JD Supra· 6 days agoFoley & Lardner and MEMA Original Equipment Suppliers will host a Mobility Supplier Forum on May 22 and 23 in Silicon Valley. The Mobility Supplier Forum is open to automotive industry suppliers ...
