How Many Struggling Americans Are Spending Their Stimulus Checks
According to the Treasury Department and Internal Revenue Service, about 90 million stimulus payments have been sent. Many struggling Americans are using the latest checks to pay bills and lower debt. CNN’s Vanessa Yurkevich reports.
Ford Motor Company has announced an indefinite suspension of its electric F-150 Lightning production, resulting in a $19.5 billion charge against its earnings. Despite this, the automaker has raised its annual operating profit target to $7 billion, reflecting robust sales of its traditional gasoline-powered vehicles.