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The Latest Breaking News on Business

Don't 'Sledgehammer' EV Tax Credits, Says GOP Rep At Hyundai's Metaplant

Right now, the threat of tariffs looms large over the entire global automotive industry. But no carmaker that's invested big into electrification has forgotten that electric vehicle tax credits could go away this year, if President Donald Trump has his way. In theory, losing those deals could dampen EV demand,…

InsideEVs

23andMe Stock Is Surging After a Bankruptcy Judge Cleared Genetics Business Sale. Here’s Why You Need to Stay Far Away From ME Shares.

ME stock is surging after its bankruptcy filing, but should you buy the hype?

Barchart

Trump Auto Tariffs Strike At Heart Of North American Trade

US President Donald Trump's tariffs on imported cars strike at the heart of a North American free trade agreement, threatening to disrupt supply chains and raise prices, experts say.

International Business Times

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Charlie Javice convicted of defrauding JPMorgan during $175 million sale of financial aid startup

The founder of a startup company that claimed to be revolutionizing the way college students apply for financial aid has been convicted of defrauding JPMorgan Chase out of $175 million

The Independent UK

From repairs to insurance, Trump's auto tariffs could make owning a car more expensive

Even if you’re not in the market for a new car, U.S. President Donald Trump’s 25% tariffs on auto imports could make owning one more expensive

The Independent UK

Lululemon adds to warnings about consumer spending as stock tanks 15% on weak revenue outlook amid tariff uncertainty

Lululemon's CEO said “consumers are spending less due to increased concerns about inflation and the economy.”

Fortune

US Fed's Preferred Inflation Gauge Shows Some Cause For Concern

The US Federal Reserve's preferred inflation measure was largely unchanged last month, according to government data published Friday, but a widely scrutinized gauge of underlying price pressures rose.

International Business Times

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Trump warned automakers not to raise prices after his tariffs and be happy how ‘great’ they are

Trump reportedly hosted a call in early March with auto CEOs before he made the 25 percent tariffs official this week

The Independent UK

Is Conagra Brands Stock Underperforming the Dow?

As Conagra Brands has underperformed the broader Dow over the past year, Wall Street analysts remain cautious about the stock's prospects.

Barchart

AppLovin Responds To Short Sellers, Lawyers Up

AppLovin defended its business practices in response to short sellers and hired a law firm to investigate recent short-report activity. AppLovin stock rose Friday.

Investors Business Daily

How Is Albemarle's Stock Performance Compared to Other Basic Material Stocks?

Despite Albemarle's underperformance relative to its industry peers over the past year, Wall Street analysts maintain a moderately optimistic outlook on the stock’s prospects.

Barchart

23andMe says it won permission from a judge to sell customers’ medical and ancestry data. Here’s how to delete yours

The company says that during bankruptcy, its security precautions concerning genetic data will remain the same, but its privacy policy says these measures can change at will.

Fortune

Tax Refund Tips To Turn Windfall Into A Financial Win

If there's a upside to tax season, it's getting a tax refund from the IRS. The key is turning using the windfall wisely.

Investors Business Daily

GOP Rep.: Let's axe Trump's tariff power

Congressman Don Bacon says the president was never meant to have broad tariff power under the Constitution

Salon

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Reason

Federal Judge Tosses Defamation Lawsuit Against NewsGuard

The self-styled watchdog site ranks news outlets' reliability, which has rankled those on both the right and left.

Fortune

Coinbase shares its 'best lock' with crypto rivals in bid to fight hackers industry wide

By open sourcing its top security code, Coinbase hopes to decrease the number of security incidents across the industry.

Tom’s Hardware

Ex-Intel CEO Gelsinger warns TSMC's $165B investment will not restore U.S. semiconductor leadership

Although TSMC will build an R&D facility in the U.S., its core R&D will remain in Taiwan, so the U.S. will keep following Taiwan even after TSMC builds out its Fab 21 site with six fab modules and two packaging facilities, says former CEO of Intel.

The Independent UK

Automakers sees stocks tank after Trump’s tariff on imports

Tesla was one of the few car makers to come out of the trading day unscathed on Thursday

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Reason

No, the U.S. Industrial Base Is Not Collapsing

Our manufacturing output, even adjusted for inflation, is near all-time highs.

Barchart

Dollar Declines and Gold Jumps to a Record High on US Auto Tariffs

The dollar index (DXY00 ) Thursday fell by -0.21%. The dollar was under pressure Thursday due to President Trump’s announcement Wednesday evening of 25% tariffs on US auto imports, which may undercut US economic growth. The dollar also fell on Thursday’s dovish economic news, which showed that US Q4 personal...

Motor1

Car Prices Will Go Up by Thousands Thanks to Tariffs, Say Analysts

Trump's 25 percent tariff on imported vehicles will become a reality on April 3. And on the surface, at least, the numbers don't look promising for automakers or consumers.

International Business Times

Games Publisher Ubisoft Announces Restructuring, Billion-euro Investment

In a bid to escape financial woes, French games giant Ubisoft said Thursday it was creating a new subsidiary around its most popular franchises such as "Assassin's Creed" in partnership with China's Tencent.

Euronews

Trump considers cutting China tariffs in exchange for TikTok sale

US President Donald Trump has revealed that he could potentially reduce tariffs on China in exchange for the latter’s help in finalising the sale of social media application TikTok, currently owned by ByteDance.

Roll Call

Trump adds 25 percent tariff to car, light truck imports - Roll Call

An added 25 percent levy on imported cars, light trucks and parts takes effect on April 3 after President Trump signed a new proclamation.

The Independent UK

Shares of GM and other automakers slump following Trump tariffs, with Tesla the exception

Automaker stocks slumped following President Donald Trump’s announcement that he will place 25% tariffs on auto imports

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