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Recent Articles from Associated Press
AESC halts $1.6B EV battery plant over policy fears
COLUMBIA, S.C. (AP) — A Japanese company has halted construction on a $1.6 billion factory in South Carolina to help make batteries for electric BMWs, citing “policy and market uncertainty.” While Automotive Energy Supply Corp. didn’t specify what those problems are, South Carolina’s Republican governor said the company is dealing with the potential loss of […]
Elon Musk pulls back on threat to withdraw Dragon spacecraft
Elon Musk reversed a threat to retire SpaceX’s Dragon after a clash with Trump. The capsule remains vital to ISS missions.
Wall Street gains ground following a solid jobs report
NEW YORK (AP) — Stocks rose on Wall Street Friday following a better-than-expected report on the U.S. job market. The S&P 500 index rose 0.9% in afternoon trading. The benchmark index remains on track to notch a second consecutive winning week. The Dow Jones Industrial Average added 344 points, or 0.8% as of 1:22 p.m. […]
U.S. adds 139K jobs amid trade war uncertainty
U.S. employers added 139K jobs as hiring slowed. Trump’s trade policies stir economic fears, though recession signals remain unclear.
Tesla stock plunges after Musk feud with Trump escalates
Tesla stock plunged 14% as Musk's clash with Trump spurred fears of federal backlash, erasing $150B in market value.
Amazon planning $10B investment for North Carolina data center and AI campus
Amazon will invest $10B in a North Carolina AI and cloud campus, creating 500 jobs and boosting infrastructure in Richmond County, a rural textile region.
Trump speaks with Xi amid stalled talks between the US and China over tariffs
U.S. President Donald Trump and Chinese leader Xi Jinping spoke amid stalled tariff negotiations that have roiled global trade.
Fed lifts restrictions placed on Wells Fargo in 2018 because of its fake-accounts scandal
Fed lifts Wells Fargo's 2018 asset cap, citing progress in culture and compliance reforms.
Trump’s promised steel and aluminum tariffs go into effect
U.S. President Donald Trump hiked nearly all steel and aluminum tariffs to 50% in a move that’s set to hammer businesses from automakers to home builders, and likely to increase prices for consumers.
Wall Street’s rally slows following discouraging updates on economy
U.S. stocks edge up as Trump's 50% steel tariffs near and EU-U.S. trade talks begin in Paris; Wells Fargo gains 2.5% after Fed lifts curbs.
