Ford Motors CFO on Q1 Wins and Losses, Expected Cuts
Ford Motors CEO John Lawler joined Cheddar News to talk discuss the company's Q1 wins and losses. The interview follows Ford's earnings report yielded better than expected results. Lawler also said the automaker was expecting to make significant cuts as the company's EV sector continues to lose money.
Ahead of the release of October's consumer inflation data Tuesday, you may notice changes from the Bureau of Labor Statistics. When it comes to how it estimates health insurance costs, the move is expected to give a boost to the U.S. inflation measure which will reverse a trend that has provided some relief.
A handful of retailers will report earnings this week, including Home Depot, Target, Walmart and Macy's, as gas prices peaked in September to the end of this latest quarter while borrowing costs remain at their highest levels in decades.