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Annual US inflation falls to 3-year low, clearing the way for the Fed to begin cutting rates

Annual US inflation falls to 3-year low, clearing the way for the Fed to begin cutting rates

WASHINGTON (AP) — Year-over-year inflation reached its lowest level in more than three years in July, the latest sign that the worst price spike in four decades is fading and setting up the Federal Reserve for an interest rate cut in September.
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Auto workers union seeks NLRB investigation of Trump and Musk comments about firing striking workers

Auto workers union seeks NLRB investigation of Trump and Musk comments about firing striking workers

DETROIT (AP) — The United Auto Workers union has filed unfair labor practice charges against Republican presidential nominee Donald Trump and Tesla CEO Elon Musk after the two discussed on social media about Musk supposedly firing striking workers.
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AutoCanada announces cybersecurity breach, earnings hit by previous incident

AutoCanada announces cybersecurity breach, earnings hit by previous incident

EDMONTON — AutoCanada Inc. says it has found a cybersecurity breach of its systems that could disrupt operations as it also reported a financial loss for the second quarter because of a separate cybersecurity incident.
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OrganiGram: Fiscal Q3 Earnings Snapshot

TORONTO (AP) — TORONTO (AP) — OrganiGram Holdings Inc. (OGI) on Tuesday reported fiscal third-quarter earnings of $2.1 million. On a per-share basis, the Toronto-based company said it had net income of 2 cents.
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Indians wanting their money back for undelivered Teslas shows how drastically the EV market changed

Indians wanting their money back for undelivered Teslas shows how drastically the EV market changed

HANOI, Vietnam (AP) — In April 2016, Elon Musk invited Indians to preorder the upcoming Tesla Model 3. Vishal Gondal was one of the first to sign up, paying a $1,000 deposit for a car that never arrived.
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Where do you live? That's a complicated question for a California town with no street addresses

Where do you live? That's a complicated question for a California town with no street addresses

CARMEL-BY-THE-SEA, Calif. (AP) — No one in this wealthy California community known for its white-sand beaches and storybook charm has a street address. But unlike the houses in Carmel-By-The-Sea, those days may soon be numbered.
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Stellantis warns union of 2,000 or more potential job cuts at an auto plant outside Detroit

Stellantis warns union of 2,000 or more potential job cuts at an auto plant outside Detroit

Stellantis is warning that it could lay off as many as 2,450 of the 3,700 union workers employed at a truck plant just outside of Detroit.
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Wall Street ends a wild and scary week almost exactly where it began. More tests loom next week

Wall Street ends a wild and scary week almost exactly where it began. More tests loom next week

NEW YORK (AP) — After a manic week that began with Japanese stocks falling to their worst loss since 1987's Black Monday , only for U.S.
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Poilievre calls for tariffs on Chinese EVs, Liberals imply they're already coming

Poilievre calls for tariffs on Chinese EVs, Liberals imply they're already coming

OTTAWA — A future Conservative government would slap massive import tariffs on Chinese-made electric vehicles and a host of other products in a bid to protect Canadian jobs, Leader Pierre Poilievre said Friday.
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China auto sales fall in July, while exports jump about 20% as automakers expand across the globe

China auto sales fall in July, while exports jump about 20% as automakers expand across the globe

BANGKOK (AP) — Auto sales in China faltered in July, falling 5% from a year earlier, the China Association of Automobile Manufacturers said Friday, although exports jumped about 20% as makers of electric vehicles expanded into global markets.
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