US auto sales rise in June on strong economy and SUV demand
U.S. auto sales climbed in June led by SUVs crossovers and pickups as passenger car demand fell. Ford Fiat Chrysler Toyota Honda Nissan Subaru Kia Hyundai and VW posted gains while GM reported a quarterly rise. Analysts forecast varied full year totals amid a favorable job and housing market.
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Should I care about bank stress tests
The text explains that stress tests target banks above a size threshold, rising from 50 to 250 billion in asset value, to ensure big banks avoid failure in a severe recession. They determine Fed approval of capital plans for dividends or buybacks, though no pass/fail capital threshold exists. It notes SIFIs must obtain Fed approval to use capital.
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Walmart removes Trump protest apparel after social media backlash
Walmart faced a boycott rush after listings of Impeach 45 and Impeach Trump baby and adult clothes went viral. The retailer said the items were from third party sellers and are being reviewed under marketplace policies.
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