Trade War Turmoil, Rising Unemployment Send Markets Diving

For anyone who was around on “Liberation Day” in April, market reaction to US President Donald Trump’s overnight tariff fusillade—replete with new levies, new targets and new delays—was predictable. But it wasn’t just Trump’s latest spray of trade threats that...

Tesla Must Pay $243 Million Over Fatal Autopilot Crash

Tesla Inc. was told to pay $243 million in a lawsuit over a 2019 Autopilot crash in Florida that killed a young woman and seriously injured her boyfriend, the first significant court loss for the automaker in litigation related to its driver-assistance technology. A...

Goldman Trading Desk’s Clients Start Shorting Speculative Tech

Goldman Sachs Group Inc.’s trading desk said on Friday that its clients are growing “more comfortable” betting against shares of unprofitable technology companies, following a resurgence of meme stock mania that has sparked wild rallies in a cohort of smaller names....