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New York Auto Show reveals gap between EV ambitions and what buyers want

A shift in the auto market is becoming harder to ignore as consumer demand tilts back toward larger, gas-powered vehicles, even as electric vehicles struggle to maintain momentum. STELLANTIS TAKES MASSIVE $26B HIT AFTER MOVING AWAY FROM EVSFOX Business correspondent Jeff Flock joined FOX Business’ Stuart Varney on “Varney &…

Private sector adds 62,000 jobs in March: ADP

Companies in the private sector added 62,000 jobs in March, payroll processing firm ADP said Wednesday. The figure is above economists’ estimates of a gain of 40,000 jobs. The prior month’s payrolls number was revised higher to a gain of 66,000 from an initially reported gain of 63,000.”Overall hiring is steady, but job growth continues to favor certain industries, including health care,” said ADP chief economist Nela Richardson. “In March, this solid performance was accompanied…

Finance news

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Business

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IRS says more than 4 million children have enrolled in Trump Accounts

More than four million children have been enrolled in newly created Trump Accounts, the Internal Revenue Service (IRS) said Tuesday, marking a major rollout of the administration’s savings initiative. Additionally, the IRS said more than one million children are covered by elections for the $1,000 Trump Accounts pilot program contribution.Trump…

Markets

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Jamie Dimon says JPMorgan could do prediction markets — with big guardrails

Jamie Dimon says JPMorgan could one day enter the red-hot world of prediction markets — with tight boundaries. Loading audio narration… “It’s possible one day we’ll do something like that,” he said in an interview with CBS News on Tuesday, adding that JPMorgan is studying how prediction markets might work.Prediction…

Investing

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