DETROIT — Ford Motor will expand production of its large Super Duty trucks to a Canadian plant that was previously set to be converted into an all-electric vehicle hub. The new plans include investing about $3 billion…
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Housing is the most considerable expense for U.S. consumers — and while high rents and home prices are obstacles to saving for potential homebuyers, access to affordable credit is another significant roadblock. An estimated 50 million Americans are “credit…
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The Securities and Exchange Commission sued the former CEO of the blank-check company that merged with Trump Media, accusing him of lying about his firm’s plans to combine with Donald Trump’s social media startup. Patrick Orlando allegedly…
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Business
Willow Bay and Bob Iger to take controlling stake in NWSL’s Angel City FC at a $250M valuation
Willow Bay and Bob Iger will take a controlling stake in Angel City Football Club, the world’s most valuable women’s professional sports team. On Wednesday, Angel City of the National Women’s Soccer League announced the couple had…
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Billionaire investor Ken Griffin, founder and CEO of hedge fund Citadel, purchased a late-Jurassic stegosaurus skeleton for $44.6 million at Sotheby’s Wednesday, marking the most valuable fossil ever sold at auction. The 150 million-year-old stegosaurus…
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Business
Savings drained and living off $2,400 a month, a Florida retiree misses out on her ‘golden years’
This is part of NBC News’ Checkbook Chronicles, a series of profiles highlighting the financial realities of everyday Americans. Retirement has not been what Lucy Haverfield envisioned. “I thought my 60s were going to be…
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World News
Hong Kong journalist says she was fired by WSJ after taking top post at union under attack by Beijing
A Wall Street Journal reporter in Hong Kong said she was fired after being elected to lead a press union that has come under attack by Beijing amid a national security crackdown. Selina Cheng, who…
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Republican vice presidential nominee JD Vance’s ‘America First’ foreign policy positions are taking the spotlight as he prepares to deliver his first major prime time speech at the Republican National Convention on Wednesday night. Vance…
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World News
Japan’s top general lauds closer South Korea military ties as mutual concerns grow over China, North Korea
America’s two most powerful allies in the Pacific are taking their defense ties to new heights amid increasing concerns over China’s assertiveness in the region and North Korean threats, Japan’s top general said Thursday. Before…
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Senate Majority Leader Chuck Schumer, D-N.Y., had just completed a quasi-clandestine meeting with President Biden at Rehoboth Beach, Del., late Saturday afternoon. An alarming number of House and Senate Democrats were growing increasingly uneasy with…