(Reuters) -Rivian lowered its deliveries forecast for 2025 on Tuesday as U.S. tariffs on imported vehicles and auto parts threaten to unsettle the economy and hurt demand for its electric SUVs and pickup trucks. About the impact of tariffs, it's a couple of thousand dollars of cost that we're going to see on a per vehicle basis, CEO RJ Scaringe...

03:46 PM EDT, 05/06/2025 (MT Newswires) -- The US trade deficit reached a record level in March as imports surged to an all-time high, with Stifel pointing to companies front-loading imports in anticipation of President Donald Trump's reciprocal tariffs. The goods and services deficit widened 14% to $140.5 billion from February's revised tally, the Census Bureau and the Bureau of...

By Shankar Ramakrishnan (Reuters) -Debt restructuring by financially stressed U.S. companies rose nearly 60% in April, data from JPMorgan showed on Tuesday, as businesses faced pressure from rising tariffs, inflation and capital markets volatility. These operations are called distressed exchanges or liability management exercises and occur when companies in distress renegotiate or restructure their debt rather than filing for bankruptcy....

By Arsheeya Bajwa and Max A. Cherney (Reuters) - Advanced Micro Devices ( AMD ) on Tuesday forecast it would suffer a $1.5 billion impact on its revenue this year due to new U.S. curbs on chips, which require it to obtain a license to ship advanced artificial-intelligence processors to China. Shares of AMD were down about 1% in extended...