Warsh launches his push to change how the Fed operates

Federal Reserve Chairman Kevin Warsh made waves on Wednesday while hosting his first press conference as head of the U.S. central bank.
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Renouncing your U.S. citizenship costs just $450. But there’s a world of hidden costs, too.

Before cutting legal ties to the country, consider the expenses.
Carvana’s new vehicle strategy turns dealership into ‘playground,’ test-drive center with sales all online
But don’t expect Carvana to sell you a vehicle at one of its seven Stellantis franchised dealerships, marking a stark contrast from typical franchised dealers.
BMW issues a big profit warning it once again blames on China. The automaker is plotting a major strategy shift

BMW was the worst performing major European stock on Wednesday after the luxury-car maker lowered its profit outlook, citing a downturn in China as well as the impact from the Middle East war.
How AI may be messing with home prices
For most real estate professionals, the data aggregation capabilities of AI can enhance their expertise. But there are shortcomings.
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What have the U.S. and Iran agreed to? This is what markets are focused on.

The Trump administration and Iran have agreed on a framework for a peace deal. As everyone waits for the text of the framework to get released, here is a rundown of what the key points are for markets.
General Motors announces new defense partnership with Lockheed Martin
General Motors announced a new defense partnership with Lockheed Martin as the country ramps up its production of weapons.
Intel takes a major step toward turning around a business that’s bleeding cash

Intel’s new manufacturing process has entered a stage that signals the company is confident in its ability to bring on external customers, analysts say.



