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With anecdotes of owners trading in their Teslas amid backlash over CEO Elon Musk’s unelected role as agency dismantler-in-chief for Trump 2.0, don’t be surprised to see a few more of the EVs parked under giant tube men at Chicago-area used car lots this spring. The number of used Teslas for sale in the Chicago area is up 1% in March year-over-year, bucking an overall trend that saw inventory ...

The president said he will levy duties against countries that import oil or gas from the South American country starting April 2.

(Bloomberg) -- The Trump administration has asked the US Supreme Court to allow the firing of thousands of workers at six federal agencies after a judge ordered that they be reinstated.Most Read from BloombergThey Built a Secret Apartment in a Mall. Now the Mall Is Dying.Why Did the Government Declare War on My Adorable Tiny Truck?Chicago Transit Faces ‘Doomsday Scenario,’ Regional Agency SaysLA Faces $1 Billion Budget Hole, Warns of Thousands of LayoffsLibraries Warn They Could Be ‘Cut off at t

Rain, a startup focused on issuing Visa debit and credit cards that facilitate the use of stablecoins, has successfully raised $24.5 million in a recent funding round.

(Reuters) -The Federal Reserve appears to be on the threshold of ending a historic streak of losses, which in turn could get it back on track to returning cash to the Treasury somewhere down the line, analysts at Morgan Stanley said in a note on Monday. At issue is the relationship between how the Fed makes money to fund its operations and the cash it pays as part of the system to maintain control over short-term interest rates. Aggressive rate rises starting three years ago tipped Fed books deeply into the red and now, with short-term rates down, the investment bank believes the Fed is hovering near the point where it can earn money again.

The SEC's prolonged legal battle against the crypto industry has officially ended.

President Donald Trump urged the Federal Reserve on Monday to lower interest rates after the U.S. central bank last week kept them unchanged. "I'd like to see the Fed lower interest rates," Trump said during a meeting with his cabinet at the White House.