GM

General Motors Company

Dow Jonesf

Dow Jones Industrial Average Surges 450 Points as Markets Hail Trade War Truce

The Dow Jones Industrial Average jumped 450 points in premarket trading after a purported "truce" in trade hostilities between China and the United States at the G-20 summit.

The White House announced it will delay a scheduled tariffs hike of $200 billion in Chinese goods that was set to take effect on January first.

China has agreed to not raise tariffs on U.S. goods at the New Year deadline as well.

Dow Jones

Dow Jones Industrial Average Jumps Over 200 Points After Strong Earnings Reports from General Motors, Facebook

The Dow Jones Industrial Average continued to ward off October's losses this morning as strong earnings results from General Motors (NYSE: GM) and Facebook (Nasdaq: FB) buoyed markets.

The Dow projected a 229-point gain on Wednesday, a morning after it surged more than 400 points.

Despite the gains, the S&P 500 is still down 7.9% in October, while the Dow is off 6%.

Apple

This Is the Only Way the Apple Self-Driving Car Will Succeed

The Apple self-driving car is back. Well, the chatter about it is. A recent analyst report predicting the arrival of an Apple Car as soon as 2023 reignited rumors about the long-suspected project.

But when you look at what we know about the Apple Car and what we know about Apple the company, it's very unlikely we'll ever see a vehicle that will be sold to the public. This project is going in another direction.

This option not only suits Apple's strengths, but will deliver massive profits...

stocks

Why Tariffs Meant to Protect American Companies Are Backfiring

When the White House introduced its first wave of tariff policies in January, American manufacturers like Whirlpool Corp. expected these competitive trade policies to put them ahead of the game.

Following the White House's statement, Whirlpool announced it was hiring 200 full-time workers in Ohio in anticipation of increased product demand.

However, it looks like Whirlpool spoke too soon, burning both its bottom line - and its shareholders...