The Detroit automaker confirmed the production cuts Wednesday for plants in Michigan, Indiana and Mexico that produce the Chevrolet Silverado and GMC Sierra pickups.
U.S. Treasury yields fell early on Wednesday, amid anticipation over of the release of the June ADP private payrolls report, due out later in the morning.
The end of the Fed's $120 billion a month in Treasury and mortgage purchases would also signal that the central bank's next move could be to raise interest rates.
Federal Reserve officials talked tapering at their most recent meeting, but few seemed in a rush to get the process going, according to minutes released Wednesday.
"We have never been in a period of innovation like we are now. If we were measuring this on the Richter scale in terms of impact on economy, it would be a 9..."
"Big Short" investor Michael Burry believes Reddit-favored meme stocks are set to crash like the dot-com and housing market bubbles of previous decades, Barron's reported.
The energy transition will be mineral intensive and create massive demand for all the metals in renewable tech. Electricity from renewable technology grew at the fastest...
In 2018, the US consumed 101.2 quadrillion BTUs of energy, with wind and solar making up a combined ~3.5% of energy.
Have a question or feedback?