Reuters

Ford Motor Co plans to build up to 500,000 electric trucks a year at its BlueOval City complex under construction in western Tennessee, the automaker said on Friday.

Oil prices fell Friday, extending the previous day's losses, on worries about potential oversupply after U.S. Energy Secretary Jennifer Granholm said refilling the country's Strategic Petroleum Reserve may take several years.

As SVB teetered, billions of dollars in deposits poured into the nation's banking giants, which are required by regulators to hold more capital to withstand shocks.

The Fed reported that discount window borrowing, its main source of emergency credit to depository institutions, hit $110.2 billion as of Wednesday.

It was the third time in the last five years that antisemitic incidents reached all-time highs, the ADL said.

The U.S. Securities and Exchange Commission on Thursday issued an investor alert warning that firms offering crypto asset securities may not be complying with U.S. laws.

The team of JPMorgan analysts led by Nikolaos Panigirtzoglou did not name any of the banks they categorized as "most vulnerable."

The Manhattan district attorney's office on Thursday said Donald Trump created a false expectation of his arrest and led Republicans in Congress to interfere with the office's probe of the former president.

The Federal Aviation Administration (FAA) said on Thursday it was taking steps to improve its air traffic control operations after a series of near-miss incidents raised questions about U.S.

Ford Motor Co expects its electric vehicle business unit to lose $3 billion this year, but remains on track to achieve a pretax margin of 8% by late 2026, the company said.

U.S. motorists face a repeat of last summer's high gasoline prices, analysts warned on Wednesday, with fuel stockpiles heading towards multi-year lows ahead of the peak summer driving season that begins in two months.

The Federal Reserve on Wednesday raised interest rates by a quarter of a percentage point, but indicated it was on the verge of pausing further increases in borrowing costs amid recent turmoil in financial markets spurred by the collapse of two U.S.

While big banks have dominated headlines, the country's 4,258 community banks, which are more risk-averse, actually account for more than 90% of all chartered banks.

The agreed summit language suits Putin's purposes, enabling him to continue fighting while saying he is open to talk peace.

Silicon Valley Bank was taken over by federal regulators on March 10, with Signature Bank following suit a few days later.

Meta rejected the basis for the lawsuit, which was filed in Delaware Chancery Court.

Justice Arthur Engoron in Supreme Court in Manhattan agreed to requests by Trump and other defendants to push back some deadlines for gathering evidence.

First Republic is examining how it can sell parts of its business, including some of its loan book, in a bid to raise cash and cut costs.

Putin accused Western powers of fighting "to the last Ukrainian," while Xi reiterated China's "neutral position" on Ukraine and called for dialogue.

Tighter financing conditions in markets sparked by banking sector turmoil may have done much of central banks' jobs for them, boosting the case for an end to interest rate hikes soon.

U.S. and Canadian sources said no significant announcements were likely, with both leaders expected to agree to continue working on areas where they differ.

Trump has defied predictions of his demise numerous times since he launched his bid for the White House in 2015.

The Biden administration pledged to supply Ukraine with 31 advanced M1 Abrams tanks after months of shunning the idea of deploying the difficult-to-maintain tanks to Ukraine.

Workers erected barricades around a Manhattan courthouse on Monday as New York City braced for a possible indictment of Donald Trump over an alleged hush-money payment to a porn star during his 2016 campaign.

Two weeks ago, Azerbaijani troops and ethnic Armenians exchanged gunfire in Azerbaijan's contested region of Nagorno-Karabakh, killing at least five people.

The housing market has been hit hard by Fed rate hikes. Nonresidential construction spending has taken the baton, keeping overall construction spending largely constant.

The parent company of the lender SVB Financial Group had on Friday filed for a reorganization under Chapter 11 bankruptcy protection.

The latest slashing focuses on Amazon's highly-profitable cloud and advertising divisions.

The U.S. has provided more than $30 billion in weaponry to Ukraine to defend itself against Russia, which invaded its pro-Western neighbor on Feb. 24, 2022.