Business

Business

EVs create profit potholes for major US automakers GM, Ford

All Out Paintless Dent Removal owner Matt Boyette joins The Bottom Line to explain the high costs for small fixes on electric vehicles. The electric vehicle push at Ford and General Motors hit a speed bump that’s cutting into the automakers’ profits and causing them to reevaluate their electric vehicle …

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Goldman Sachs CEO: Doesn’t see 1970-80s interest rates

Goldman Sachs CEO David Solomon weighs in on the Israel-Hamas conflict, a ‘fragile’ economy and the Federal Reserve’s next rate steps. As the Federal Reserve prepares to make another decision on interest rates, market participants are in tune with the recent mandate telegraphed by policymakers to keep rates higher for …

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