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Money & Markets

GM exec: Company to announce more battery plants this week

DETROIT — The president of General Motors says his company plans to announce more U.S. battery factories later this week. Mark Reuss gave no details of where the factories would be located or exactly what they would manufacture. He spoke in a weekend interview with The Associated Press at ...

Apple reaffirms privacy stance amid Trump probe revelations

SAN RAMON, Calif. — Seeking to protect its image as a guardian of personal privacy, Apple maintains it was blindsided and handcuffed by a Trump administration probe that resulted in the company handing over phone data from two Democratic congressmen. Apple delivered its version of events ...

Another jump in prices tightens the squeeze on US consumers

WASHINGTON — American consumers absorbed another surge in prices in May — a 0.6 percent increase over April and 5 percent over the past year, the biggest 12-month inflation spike since 2008. The May rise in consumer prices that the Labor Department reported Thursday reflected a range of ...

Bruised but unbowed, meme stock investors are back for more

NEW YORK — After feeling the thrill of victory early this year by singlehandedly causing GameStop’s stock to soar — only to get crushed when it quickly crashed back to earth — armies of smaller-pocketed and novice investors are back for more. These undaunted investors have ...

Senate passes bill to boost US tech industry, counter rivals

WASHINGTON — The Senate overwhelmingly approved a bill Tuesday that aims to boost U.S. semiconductor production and the development of artificial intelligence and other technology in the face of growing international competition, most notably from China. The 68-32 vote for the bill ...

Automakers face a threat to EV sales: Slow charging times

DETROIT — If the auto industry is to succeed in its bet that electric vehicles will soon dominate the roads, it will need to overcome a big reason why many people are still avoiding them: fear of running out of juice between Point A and Point B. Automakers have sought to quell those ...