Business News – Page 2 – Deltaplex News

Trump Coins lauds Trump for soaring gold prices. Experts point to economic uncertainty

Monday, April 28 by ABC News

(WASHINGTON) -- A marketing email distributed this month by Trump Coins, a commemorative coin venture launched last year by President Donald Trump, attributes the soaring value of gold and other metals in recent weeks to the president's "return to the spotlight.""President Trump's bold stance... Read More.

New automaker Slate unveils a no-frills, stripped down electric truck for under $30K

Friday, April 25 by ABC News

(NEW YORK) -- The country's electric vehicle market has an affordability problem.Enter Slate, a new company backed by Amazon CEO Jeff Bezos and two investment funds. On Thursday, company executives unveiled an inexpensive, spartan electric truck that comes at a critical time for U.S.... Read More.

US stocks rally as Trump signals thaw in trade war, Tesla shares soar

Wednesday, April 23 by ABC News

(NEW YORK) -- U.S. stocks rallied in early trading on Wednesday, one day after President Donald Trump said tariffs on China would “come down substantially.”Trump also appeared to soften previous attacks on the Federal Reserve, saying late Tuesday he has "no intention" of firing... Read More.

Seniors lost $4.8 billion to scammers in 2024: FBI

Wednesday, April 23 by ABC News

(NEW YORK) -- Seniors lost $4.8 billion in 2024 to scammers, according to a report released Wednesday by the FBI.In total, people in the United States lost $16.6 billion in 2024, representing a 33% increase in losses from 2023 to 2024."Every number in this... Read More.

Tesla profits drop 71% amid anti-Musk backlash

Tuesday, April 22 by ABC News

(NEW YORK) -- Tesla's profits fell 71% over the first three months of this year, a company earnings release on Tuesday showed. The company's performance fell short of analysts' expectations.The decline coincided with a sales slump and stock woes at the electric carmaker, and comes amid... Read More.

Tesla earnings to show whether anti-Musk backlash damaged bottom line

Tuesday, April 22 by ABC News

(WASHINGTON) -- Worldwide protests against Tesla CEO Elon Musk over his role in the Trump administration have coincided with a sales slump and stock woes at the electric carmaker.Little will be known about the precise impact on Tesla’s bottom line, however, until the company... Read More.

5 million student loan borrowers face mandatory collections starting May 5

Tuesday, April 22 by ABC News

(WASHINGTON) -- Some 5 million Americans with defaulted student loan payments will have their loans sent for collections on May 5, the Department of Education announced on Monday.Next month, for the first time since student loan payments were paused due to the onset of... Read More.

Stocks slide as Trump escalates criticism of Fed Chair Powell

Monday, April 21 by ABC News

(NEW YORK) -- U.S. stocks tumbled in early trading on Monday as President Donald Trump escalated his criticism of the Federal Reserve, urging the central bank to immediately lower interest rates and questioning the policy approach of Fed Chair Jerome Powell.The comments came days... Read More.

No one is exempt: How tariffs could impact sales of new vehicles

Saturday, April 19 by ABC News

(NEW YORK) -- This weekend, consumers and auto enthusiasts will poke, prod and pepper brand specialists with questions about the latest vehicles on display at the Javits Center.The annual New York International Auto Show, which officially opened to the public on Friday, is smaller... Read More.

These companies said they will raise prices in response to Trumps tariffs

Saturday, April 19 by ABC News

(NEW YORK) -- President Donald Trump this month slapped tariffs on most products that enter the United States. Economists widely expect the policy to raise prices for U.S. shoppers as importers pass along a share of the tax burden.An across-the-board 10% tariff applies to... Read More.

Google is monopolist in online advertising tech, judge rules

Thursday, April 17 by ABC News

(NEW YORK) -- Alphabet's Google illegally dominated two markets for online advertising technology, according to a federal judge.Judge Leonie Brinkema of the U.S. District Court for the Eastern District of Virginia said in a ruling Thursday that Google had broken the law to build... Read More.

Trump says hes eager for Fed Chair Jerome Powells termination

Thursday, April 17 by ABC News

(WASHINGTON) -- President Donald Trump on Thursday sharply criticized Federal Reserve Chair Jerome Powell, urging the central bank to lower interest rates and saying Powell’s “termination cannot come soon enough.”It was not clear whether Trump’s comments indicated a desire to remove Powell from his... Read More.

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