GM reports robust first quarter sales as industry braces for tariffs
SUVs at a Chevrolet dealership in Oshawa, ON. Rene Johnston | Toronto Star | Getty Images General Motors and other automakers reported notable increases in their first-quarter U.S. vehicle sales, as the automotive industry braces for the impacts of President Donald Trump’s auto tariffs that are set to take effect this week. GM on Tuesday […]
Newsmax stock rises after IPO
Shares of conservative cable channel Newsmax soared more than 100% in afternoon trading Tuesday, a day after the stock’s dizzying debut on the New York Stock Exchange. Newsmax shares spiked more than 700% in their first trading day Monday, closing at $83.51 per share. The stock opened the day at $14 per share. Traditional media […]
Airline stocks slide more as concerns grow over consumer travel
A Delta Air Lines Boeing 767-332(ER). Joan Valls | Nurphoto | Getty Images Airline stocks slid further on Tuesday as Wall Street’s concerns about weaker-than-expected travel demand amid looming tariffs and a sharp drop in consumer confidence continue to weigh on the sector. Shares of Delta Air Lines were down roughly 5% in morning trading […]
Federal funding cuts raise questions about university endowments
Columbia University Education Images | Getty Images In early March, the Trump administration canceled $400 million in grants and contracts to Columbia University over its handling of pro-Palestinian protests last year. The federal government sent the university a list of demands, such as suspending or expelling students who participated in the demonstrations. Columbia agreed to […]
