Markets

Stellantis to lay off 1,100 workers indefinitely

Stellantis, which has been working to reduce its inventory levels in North America, announced it was indefinitely laying off over 1,000 workers at its Jeep assembly plant in Ohio.

Fed has an impossible job, says Jim Grant

Grant's Interest Rate Observer founder and Editor Jim Grant discusses the market's reaction to Trump's election win, the Federal Reserve's handling of the economy and shares his market outlook.