DETROIT — Uncertainty surrounding U.S. regulations on tariffs, electric vehicles and other auto-related issues have given new car sales a surprising boost heading into the fourth quarter, according to a new industry analysis.Cox Automotive on Thursday raised its 2025 new vehicle U.S. sales forecast to 16.1 million from a previous range of 15.6 million to 15.7 million due to stronger-than-expected demand so far this year. That would be up from roughly 16 million vehicles sold domestically in 2024.Cox analyst ...

So, let's go inside out on Costco ahead of its earnings of this afternoon. Joining us now is Bert Flinkinger, who is the managing director, Strategic Resource Group. Thank you so much for joining us, Bert.What are your expectations for Costco this afternoon. Costco should have blowout numbers, should be the best retailer worldwide in terms of growth because they're doing retail, they're doing wholesale, they're doing innovation, uh special services, and uh whether it's AU or uh worldwide, they have an oppor ...

This story was originally published on CFO Dive. To receive daily news and insights, subscribe to our free daily CFO Dive newsletter. Dive Brief: The total number of “mega bankruptcies” filed by corporations with assets valued at more than $1 billion rose about 33% to 32 for the 12 months ended in June compared to 24 in the year-earlier period, according to a report released this week by Cornerstone Research, a San Francisco-based economic and financial consulting firm.    The rise in the largest corpor ...

Welcome to Yahoo Finance's flagship show, The Morning Brief. I'm Julie Hyman. Let's get to the three things you need to know today.First up, US stock futures falling for a third day as the record-breaking rally in stocks cools. However, there is some good news on the economic front. The latest read of second quarter GDP showed the US economy grew at the fastest pace in nearly 2 years.Inflation adjusted GDP, which measures the value of goods and services produced, increased at a revised 3.8% annualized rate. ...

All of those things would seem to suggest that this is an economy in trouble. Not so according to the economic data released in the last hour. It showed the US economy growing at the fastest pace in nearly two years, thanks to consumer spending, though apparently not on used cars.Fed Governor Stephen Myron spoke to Bloomberg ahead of that data on the next steps for the Fed. My view is not one of enormous economic pessimism. You know, I don't think the economy is about to crater. I don't think the labor mark ...

This story was originally published on CFO Dive. To receive daily news and insights, subscribe to our free daily CFO Dive newsletter. Dive Brief: CFOs expect tariffs to have a major impact on price growth at their organizations this year as well as in 2026, according to a quarterly survey of finance chiefs by Duke University’s Fuqua School of Business and the Federal Reserve Banks of Richmond and Atlanta. On average, price growth would be about 30% lower in 2025 and roughly 25% lower in 2026 without the ...

The industrial side of the U.S. economy has been rocked by higher tariffs, but a saving grace has been new tax cuts for investment and a frenzy of spending in artificial intelligence. Business investment rose sharply in August to mark the second strong increase in a row. ...

With recession threats rising and tariffs beginning to settle into the bottom line, retailers are expected to sharply reduce their seasonal hiring plans in the fourth quarter, reducing the anticipated number to its lowest level in 16 years. A report from outplacement firm Challenger, Gray & Christmas predicts employers will add less than half a million jobs in the fourth quarter. Last year that number was 543,000. “Seasonal employers are facing a confluence of factors this year: tariffs loom, inflation ...

The Swiss National Bank said Thursday that tariffs on goods to the U.S. present a "major challenge" for exporters, with its economy set to take a hit.The country has swallowed some of the highest duties imposed by President Donald Trump's administration, with a 39% tariff rate implemented in August. It came after a Swiss delegation led by the country's President Karin Keller-Sutter failed to secure a trade deal after meeting with Trump in Washington D.C."The U.S. tariffs present a major challenge for affect ...

The massive tariffs proposed by President Donald Trump on "Liberation Day" in April put the U.S. dollar's role as the world's anchor currency at risk, while the administration's eventual climbdown to more modest rates has likely left it secure, new economic research has concluded. ...