Tesla shares fell 12% on Wednesday after the electric car maker reported second-quarter profit that fell short of expectations.
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President Trump says he had no plans to nominate Jamie Dimon for Treasury Secretary
Former President Trump said Tuesday he had never discussed JPMorgan Chase & Co.’s Jamie Dimon as a possible Treasury secretary if he was re-elected, despite the president having said he would consider him.
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Federal Judge Upholds FTC’s Ban on Non-Compete Agreements
A federal court has denied a tree-trimming company’s motion to block a Federal Trade Commission (FTC) non-compete order from going into effect.
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Department of Commerce Bureau of Economic Analysis Scheduled posts GDP Second-quarter GDP figures will be released at 8:30 a.m. ET on Thursday.
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Appeals Court judge rules against funds used to provide phone service to rural and low-income families
NEW ORLEANS (AP) — A federal appeals court in New Orleans on Wednesday called it an “unfair tax” and ruled…
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Business and economic news from other media:
The cause of the global tech outage has finally been discovered – and How much is it (CNN)
Trump 2.0 Use nuclear weapons Economists expect Harris to continue to take a tough stance on trade with China.CNBC)
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Tennessee Republicans file articles of impeachment against Harris
Rep. Andy Ogles (R-Tenn.) introduced articles of impeachment against Vice President Harris on Tuesday, as Republicans stepped up their attacks as she kicked off her presidential campaign. read more
Republican fundraising plan falls apart as House eyes early withdrawal
House Republicans’ ambitious hopes of passing an annual government funding bill by next week are quickly crumbling as a tight timeline and intraparty rifts threaten approval of the 2025 spending plan. read more
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