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Trump's Mexico tariffs could cost Detroit automakers billions

If carmakers pass on costs to consumers, vehicle prices could rise by almost $2,500 for GM products, estimate says, and US sales could drop by 3M.           Press Release Distribution Service

AOC, Ted Cruz set differences aside to ban lawmakers from becoming lobbyists

FBN’s Susan Li on Sen. Ted Cruz, R-Texas, agreeing with Rep. Alexandria Ocasio-Cortez, D-N.Y. on calls for a lifetime ban on former members of Congress becoming lobbyists. FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York —…

China will slap a 25 percent tarrif on rare-earth materials

Blue Line CEO Jon Blumenthal on rare earths and the mounting trade war with China. FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York — the business capital of the world — FBN launched in October 2007…

Pence: DOJ confirmed no collusion, no obstruction

Vice President Mike Pence on the political fallout from the Mueller report, Democrats’ calls for impeachment, the border crisis and immigration reform. FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York — the business capital of the…

Economic Report: Mortgage rates sink below 4% as the trade war slaps markets

Rates for home loans fell again, taking the most popular loan product below a psychological threshold, but Americans’ confidence may be too fragile to take advantage of it. Press Release Distribution Service

Economic Report: Consumers cut back on spending in April, but rising incomes suggest slowdown might be temporary

Americans cut back on spending in April after splurging in March, but rising incomes suggest consumers still have plenty of buying power to support the U.S. economy in the face of rising headwinds. Inflation rose, but remained low overall. Press Release Distribution Service

Opinion: Warriors need Kevin Durant if they want to beat Raptors for NBA title three-peat

Golden State is trailing in the NBA Finals for the first time during its spectacular run, and it’s clear now the Warriors aren’t better without KD.           Press Release Distribution Service

Amazing story, amazing game: Raptors' Pascal Siakam plays the hero in Game 1 win

Pascal Siakam’s amazing story has carried him from Cameroon and a Basketball Without Borders camp to hero status in a Game 1 win in the NBA Finals           Press Release Distribution Service

Eight tie in U.S. spelling bee as organizers run out of challenging words

Eight young super spellers beat the dictionary to be crowned co-winners of the Scripps National Spelling Bee, in what officials said was a first since the U.S. word contest started in 1925. Press Release Distribution Service

Puerto Williams, Chile now world’s southernmost city, not Ushuaia, Argentina

Puerto Williams, a growing hamlet draped in snow-covered peaks on the remote southern tip of the South American continent, has been upgraded to the category of “city” by Chilean authorities, making… Press Release Distribution Service