Detroit automakers aren’t letting up on a long-standing rivalry, even as they pivot to take on Tesla
While GM, Ford and Stellantis pivot to EVs, the rivalry between the three automakers in the U.S. remains alive and well.
U.S. GDP fell at a 1.4% pace to start the year as pandemic recovery takes a hit
Gross domestic product unexpectedly declined 1.4% in the first quarter, an abrupt reversal for an economy coming off its best performance since 1984.
The Fed’s favorite inflation gauge rose 5.2% in March as worker pay fell further behind
A measure that the Federal Reserve focuses on to gauge inflation rose at a robust pace in March.