The Latest Breaking News on Business

It’s here. At a Thursday event in Los Angeles, startup Slate Auto revealed what it’s calling simply, the Truck. It’s a tiny electric pickup funded at least in part by Amazon founder Jeff Bezos, and astonishingly, a targeted base price of $20,000 after federal tax incentives for EVs. 

Word of a brand-new electric-vehicle startup might call to mind the strange days of the COVID era, when headlines were jam-packed with all sorts of Tesla wannabes. Some went public without an actual product or a dime in revenue. Not surprisingly, most never quite took off. Some straight-up crashed and…

The news—and subsequent jump in Tesla’s stock price—followed a Q1 where its core business lost money.

The dollar index (DXY00 ) Thursday fell by -0.49%. The dollar posted moderate losses Thursday because of concerns that the US-China trade war will drag on after China said there were no talks on reaching a trade deal with the US. Also, Treasury Secretary Bessent said President Trump hasn't offered...

June WTI crude oil (CLM25 ) Thursday closed up +0.52 (+0.84%), and June RBOB gasoline (RBM25 ) closed up +0.0220 (+1.06%). Crude oil and gasoline prices on Thursday posted moderate gains. Thursday's weaker dollar supported energy prices. Also, Thursday's stock strength shows confidence in the economic outlook supporting energy demand....

President Trump and Norwegian Prime Minister Støre did not signal Thursday when their countries could strike a tariffs and trade deal.

Struggling chip giant Intel beat estimates for the first quarter but guided well below views for the current period. Intel stock fell on the news.

Google stock popped amid Q1 earnings that topped estimates as internet search advertising and cloud computing growth edged by views.

Home prices are up, mortgage rates are high and buyers are getting older. Here's what it really takes to afford a house in today's market.