Finance

Volvo stock jumps on expanded US production, new hybrid model to counter tariffs

Volvo stock jumps on expanded US production, new hybrid model to counter tariffs

Sweden’s Volvo Cars (VOLCAR-B.ST) is expanding production at its US plant in a move to localize production, deflect tariffs, and build more cars that appeal to buyers in one of its biggest markets...

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Fed’s Bostic says inflation risks still present in US economy

Fed’s Bostic says inflation risks still present in US economy

By Michael S. Derby (Reuters) -Federal Reserve Bank of Atlanta President Raphael Bostic said Tuesday inflation risks are still in play in the U.S. economy, although he noted that thus far Presiden...

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Trump’s H-1B fee order ‘caught everyone off guard’

Trump’s H-1B fee order ‘caught everyone off guard’

JPMorgan Chase (JPM) CEO Jamie Dimon said Tuesday the country’s largest bank will “be engaging with stakeholders and policymakers” on the Trump administration’s recent executive ...

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AI-driven market rally shows signs of overheating, economist warns

AI-driven market rally shows signs of overheating, economist warns

Investors riding the AI wave may want to tread carefully. “Markets are getting a bit frothy right now, and it wouldn’t be surprising if we have a healthy correction,” RSM chief e...

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