China is one of largest owners of U.S. mortgages. There is growing concern that in retaliation for tariffs the country could sell them, causing rates to rise.
GM is ending production this year of a gas-powered Cadillac crossover at a plant in Tennessee, while extending production of another vehicle at the facility.
The breach, first disclosed and resolved in February, involved information related to the "financial condition of federally regulated financial institutionsβ¦"
After falling sharply last week, mortgage rates rose again this week, wiping out any advantage to the spring housing market. Tariffs were behind the volatility.
"A Minecraft Movie" sets record for highest opening of a video game adaptation, giving much needed jolt to the domestic box office ahead of the summer slate.
Companies have long faced external attacks from hackers. Now, thanks to generative AI, another threat has emerged: Employees who aren't who they say they are.
Trump's 25% tariffs on imported vehicles and upcoming 25% levies on auto parts are expected to add thousands of dollars to the costs of new cars and trucks.
Ford and Stellantis are offering employee-pricing programs, while Hyundai said it would not raise prices for at least two months to ease consumer concerns.