Business

EVs were briefly the leading edge at Detroit auto show. Not anymore

EVs were briefly the leading edge at Detroit auto show. Not anymore

DETROIT (AP) — At the North American International Auto Show, tires squeal as gearheads put shiny new vehicles through their paces on a pair of indoor tracks that sprawl across the event space. On...

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Grok blocked from undressing images where it’s illegal, X says

Grok blocked from undressing images where it’s illegal, X says

BANGKOK (AP) — Elon Musk’s AI chatbot Grok won’t be able to edit photos to portray real people in revealing clothing in places where that is illegal, according to a statement posted on X. The ann...

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Producer prices rise a mild 0.2% in November, government says in report delayed by federal shutdown

Producer prices rise a mild 0.2% in November, government says in report delayed by federal shutdown

WASHINGTON (AP) — U.S. wholesale prices rose modestly in November, the government said in report delayed by the federal government shutdown. The Labor Department reported Wednesday that its produ...

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Retail sales rise 0.6% in November as holiday shopping picks up

Retail sales rise 0.6% in November as holiday shopping picks up

NEW YORK (AP) — Shoppers increased their spending in November from October as holiday shopping kicked into full gear. Retail sales rose a better-than-expected 0.6% in November, following a revised...

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Saks Global files for bankruptcy as it prepares to restructure

Saks Global files for bankruptcy as it prepares to restructure

Luxury retailer Saks Global has filed for bankruptcy, preparing to reposition itself in the increasingly competitive upscale market after obtaining about $1.75 billion in financing commitments. T...

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Wall Street executives warn Trump: Stop attacking the Fed and credit card industry

Wall Street executives warn Trump: Stop attacking the Fed and credit card industry

NEW YORK (AP) — Up until this week, Wall Street has generally benefited from the Trump administration’s policies and has been supportive of the president. That relationship has suddenly soured. Wh...

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