Citizens Financial plans more auto bond sales after exiting car lending
Citizens Financial Group Inc. plans to sell more bonds backed by prime auto loans following its first such deal last...
Bankrupt Lordstown says it’s held confidential settlement talks with SEC
Bankrupt Lordstown Motors Corp. has had confidential settlement talks with the US Securities and Exchange Commission, which has previously inquired...
Lordstown CEO was ghosted by Foxconn unit a year before collapse
Lordstown Motors Corp. executive Ed Hightower flew to Taiwan from Detroit last year for meetings with leaders of Foxtron, a...
US consumer confidence rises to highest level since early 2022
US consumer confidence increased to the highest level since the start of last year on greater optimism about the labor...
US truck startup Lordstown files for bankruptcy after Foxconn deal falls through
Lordstown Motors Corp. shares plummeted after the electric-vehicle maker once hailed by former US President Donald Trump for saving automaking...
Aston Martin, Lucid surge after Saudi-backed EV supply pact
Aston Martin Lagonda Global Holdings Plc is tying up with Lucid Group Inc. on electric vehicle technology, uniting the storied...
US retail sales unexpectedly rise in sign of consumer resilience
US retail sales unexpectedly rose in May, showcasing resilient consumer demand in the face of mounting economic challenges. The value...
Fed pauses rate hikes but signals more tightening to come
Federal Reserve officials paused on Wednesday following 15 months of interest-rate hikes but signaled they would likely resume tightening to...
