Business

A 2023 Ford F-150 Lightning EV is offered for sale at Golf Mill Ford on July 18, 2023, in Niles, Illinois. Yesterday Ford announced that it was cutting prices on the Lightning truck by as much as $10,000. (SCOTT OLSON/GETTY IMAGES)

Jim Farley Tells Why Ford Slashed F-150 Lightning Price — Without Saying ‘Tesla Cybertruck’

Ford Motor Co (NYSE:F) CEO Jim Farley shed more light on why the company cut the price of its F-150 Lightning electric pickup earlier this month at the company’s earnings call on Thursday

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In this photo illustration, a $100 bill is seen. The Federal Reserve increased the interest rate by .25%. (SHELDON COOPER/GETTY IMAGES)

Fed’s Favored Inflation Gauge Cools To 2-Year Lows: Strong Spending Keeps Fed Rate Bets Steady

Inflation statistics keep pointing to a gradual decrease in price pressures across the economy

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European Automakers Forge Partnerships In China To Drive EV Dominance

Volkswagen teams up with XPeng while Audi plans collaboration with SAIC to capture China's booming electric vehicle market

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Intel Posts Q2 Revenue Of $21.9 Billion, Down 15% YoY But Beats Estimates

Semiconductor firm continues to execute its strategy and has seen momentum “across process and product technology and foundry.”

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The JPMorgan Chase headquarters building in New York City. US regulators have proposed that large banks, including the likes of strongJPMorgan Chase,/strong strongBank of America /strongand others, bolster their capital levels by an average of 16% to safeguard against potential future crises. (Michael M. Santiago/Getty Images)

US Regulators Propose Significant Capital Increase For Big Banks To Safeguard Against Future Crises

Financial stocks slump as watchdogs eye one of the biggest overhauls of how lenders are regulated since the 2008 financial crisis.

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Investors Urged Caution As S&P 500 Nears Prior Highs, Morgan Stanley Analyst Warns

U.S. stocks set for solid start on Fed relief rally, boosted by strong Meta Platforms earnings

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People play a PlayStation racing game at the Sony Expo 2023 in Shanghai, China, May 24, 2023. Research of 1,000 adults, who regularly use video games for entertainment, showed 10 percent are already in a career related to their hobby. PHOTO BY FUTURE PUBLISHING/GETTY IMAGES

Fifth Of Gamers Believe Their Hobby Has Influenced Their Career Choices

Gaming is often seen as a fun pastime, a way to kill time, but it can really help you develop some skills be turned into a career

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Former Foreign Minister Jose Manuel Garcia-Margallo, Sánchez's offer to Puigdemont and the PNV in order to count on their support, given that a href=https://www.elnacional.cat/en/politics/pedro-sanchez-warns-erc-junts-never-allow-referendum-catalonia_1065480_102.htmlstronga referendum has already been ruled out by the socialists/strong/a. “It could be that Sánchez proposes, which is what I think could happen, a plan B. PHOTO BY EDUARDO PARRA/GETTY IMAGES

Pedro Sánchez Seeks Junts Per Catalunya’s Support For Re-Election

Potential agreement includes legal recognition of Basque and Catalan nations

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Elon Musk’s Infatuation With ‘X’ Sheds Light On Twitter Rebranding

Musk's vision for X.com in 1999 resurfaces as he plans to rebrand Twitter as 'X'

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