Stock futures are little changed Monday evening after Dow notches 11-day rally: Live updates

[ad_1] U.S. Treasury yields rise as investors weigh interest rate decisions ahead U.S. Treasury yields were higher on Tuesday as the Federal Reserve’s meeting is due to kick off and investors considered the outlook for interest rate decisions from central banks in major global economies that are expected this week. At 4:27 a.m. ET, the … Read more

Jim Cramer explains Ford’s electric vehicle price cuts

[ad_1] CNBC’s Jim Cramer on Monday analyzed Ford Motor‘s move to slash prices for its electric F-150 Lightning pickup truck. Cramer said he thinks the price cuts are due at least in part to the novelty of EVs wearing off for many Americans. Ford announced on Monday it would cut prices for all versions of … Read more

Lordstown Motors files for bankruptcy, sues Foxconn over $170 million funding deal

[ad_1] The Lordstown Motors Corp. Endurance electric pickup truck is displayed during an unveiling event in Lordstown, Ohio, June 25, 2020. Matthew Hatcher | Bloomberg | Getty Images Struggling electric-truck maker Lordstown Motors filed for Chapter 11 bankruptcy protection on Tuesday and said that it would put itself up for sale amid an ongoing dispute … Read more

Ford posts stellar first quarter, boosted by fleet and legacy truck divisions

[ad_1] A Ford F-150 Lightning Platinum electric truck during the 2022 New York International Auto Show (NYIAS) in New York, U.S., on Thursday, April 14, 2022. The NYIAS returns after being cancelled for two years due to the Covid-19 pandemic.  Michael Nagle | Bloomberg | Getty Images DETROIT — Ford Motor on Tuesday reported first-quarter … Read more