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    Bessent says Powell doesn’t need to resign but should conduct internal review

    Treasury Secretary Scott Bessent on Tuesday asserted that Fed Chair Jerome Powell does not need to resign though also he also repeated his desire for a review of the central bank’s operations.
    “There’s nothing that tells me that he should step down right now. He’s been a good public servant,” Bessent said.

    Federal Reserve Chairman Jerome Powell arrives for the Integrated Review of the Capital Framework for Large Banks Conference at the Federal Reserve on July 22, 2025 in Washington, DC.
    Andrew Harnik | Getty Images News | Getty Images

    Treasury Secretary Scott Bessent on Tuesday asserted that Federal Reserve Chair Jerome Powell does not need to resign though also he also repeated his desire for a review of the central bank’s operations.
    A day after calling on CNBC for an examination of the Fed’s “entire” operation, Bessent said that doesn’t mean the central bank leader should step down. President Donald Trump, conversely, has said he hopes Powell quits and has pondered removing him.

    “I know Chair Powell. There’s nothing that tells me that he should step down right now. He’s been a good public servant,” Bessent said on Fox Business. “His term ends in May. If he wants to see that through, I think he should. If he wants to leave early, I think he should.”
    There have been no indications from Powell that he plans to step down despite a barrage of criticism from the Trump administration.
    Most recently, White House officials have zeroed in on the Fed’s $2.5 billion building renovation project that has included significant cost overruns.
    Bessent said his desire for a review of Fed operations should come internally, with monetary policy and the setting of interest rates “off to the side” and in a “jewel box” away from political influence.
    “Everything else that the Fed has done over the years has just grown and grown and grown, and this is what happens when you don’t have oversight,” he said.

    For Powell, leading an internal review would be “a real chance here for him, for his legacy, to be that he right-sized the non-monetary policy functions of the Fed,” Bessent added.
    Trump has demanded that the Fed lower interest rates dramatically, though the rate-setting Federal Open Market Committee at its policy meeting next week is again expected to stay on hold. Powell and most of his colleagues have indicated they want to wait to see the impact that Trump’s tariffs are having on inflation before taking any further steps.

    In a CNBC interview Tuesday, Fed Governor Michelle Bowman, who has hinted she would favor at cut at this month’s meeting, supported the notion of Fed independence but also stressed the need for accountability.
    “It’s very important, and I’ve said this a number of times in the past, that we maintain our independence with respect to monetary policy,” she said during a “Squawk Box” interview. “But we also, as a part of that independence, have an obligation for transparency and accountability as well.”
    Markets overwhelmingly expect the Fed keep its short-term borrowing rate locked in a range between 4.25%-4.5%, but are leaning toward the likelihood of a cut in September, according to CME Group futures data. More

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    Warren Buffett knocks down reports that Berkshire’s BNSF taps Goldman for a railroad takeover

    Warren Buffett and the media by the BNSF Railway display at the Annual Berkshire Hathaway Shareholder’s Meeting in Omaha, NE on May 6, 2017.
    Lacy O’Toole | CNBC

    Warren Buffett on Tuesday knocked down reports that Berkshire Hathaway-owned railroad BNSF was working with Goldman Sachs on a takeover of a rival.
    The 94-year-old billionaire investor told CNBC’s Becky Quick that no one from Goldman had talked to him or Greg Abel, who is set to succeed Buffett as Berkshire CEO at the end of the year.

    Buffett added that he would not seek advice from external bankers on deals. The “Oracle of Omaha” has long voiced disdain for expensive intermediaries as banks usually have a big incentive to make deals.
    On Monday, Semafor and Reuters reported, citing anonymous sources, that Berkshire tapped Goldman to work on a potential takeover after rival Union Pacific expressed interest in Norfolk Southern.
    In 2011, Berkshire bought BNSF, one of the largest freight railroad networks in North America, paying $26.5 billion for the 77% of the company it didn’t previously own. More

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    Kim Kardashian’s Skims deepens women’s sports ties with volleyball league deal

    Skims has reached a partnership deal with League One Volleyball.
    Women’s volleyball has seen growth at both the amateur and professional level in recent years.
    The popular undergarments brand started by star Kim Kardashian and Swedish entrepreneur Jens Grede has been ramping up its efforts in the women’s sports category.

    Skims is teaming up with League One Volleyball.

    Skims is deepening its ties in women’s sports with a new partnership in League One Volleyball.
    The popular undergarments brand started by star Kim Kardashian and Swedish entrepreneur Jens Grede will become the official loungewear, intimates and sleepwear partner of the emerging volleyball league. They did not disclose the size of the deal.

    The partnership comes as Skims has been ramping up its efforts in the women’s sports category. In February, the company announced it was teaming up with Nike as it looks to win over more women and take on competitors such as Lululemon, Alo Yoga and Vuori.
    League One Volleyball — or LOVB, pronounced “love” — was founded in 2020 and consists of the largest community of youth volleyball clubs in the country. LOVB launched a professional league in January.
    “This partnership with LOVB is an exciting opportunity to expand our reach at the intersection of fashion, culture and sports,” said Grede, co-founder and CEO of Skims. 
    Skims said as part of the deal, the brand will also participate in the LOVB community, including athlete-driven events and leaguewide activations. The brand said it plans to help elevate the voices of female athletes of all levels and highlight volleyball’s growth across the U.S.
    “Together, we look forward to inspiring confidence and empowering athletes at every level through innovative products, community activations, and storytelling that celebrates the athletes on and off the court,” Kardashian, co-founder and chief creative officer of Skims, said in a statement.

    Skims sees huge potential in volleyball, calling it “America’s next major sports league.” In recent years, the sport has seen huge upticks both in fans and television ratings.
    In 2023, 92,000 fans recorded the largest-ever crowd for a women’s sports event when the Nebraska Cornhuskers’ women’s team took on the Omaha Mavericks.
    The 2024 Women’s NCAA Volleyball Tournament was the most-consumed ever for ESPN, with more than 1.3 billion minutes watched across its platforms, according to the network. The entirety of the NCAA Women’s Volleyball Tournament finished up 41% year over year, ESPN said.
    In May 2024, ESPN secured the media rights for League One pro matches.
    “Partnering with Skims is an incredible milestone for our league and clubs,” said Michelle McGoldrick, LOVB’s chief business officer. “Together, we’re not only supporting our remarkable athletes on their journey to becoming household names, but also helping to inspire the next generation of players and fans.” More

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    Businesses are cautiously spending on corporate travel as trade uncertainty looms

    Corporations are continuing to spend on business travel, but are being strategic about how they allocate those dollars amid ongoing trade uncertainties.
    Corporate travel spending activity increased 15% year over year in the second quarter of 2025, according to a business travel index published Tuesday from Navan.
    While global business travel is expected to reach a new high of $1.57 trillion in 2025, that total represents less growth than the Global Business Travel Association predicted a year ago.

    istocksdaily | iStock | Getty Images

    Corporations are continuing to spend on business travel, but are being strategic about how they allocate those dollars amid ongoing trade uncertainties, according to new reports from the Global Business Travel Association and travel and expense platform Navan.
    Corporate travel spending activity increased 15% year over year in the second quarter of 2025, according to a business travel index published Tuesday from Navan.

    Navan’s index, backed by Nasdaq, is derived from millions of corporate business transactions on its platform. It examines the amount spent and number of transactions relating to airline travel, hotel reservations and expense transactions from corporate cards.
    Amy Butte, Navan’s CFO, said during an interview that from talking with other chief financial officers over the past few months, she never got the sense that corporate leaders would stop spending on business travel altogether. Instead, they are in “wait and see” mode.
    “If you’re making choices about where you’re being cautious, we’re not seeing people be cautious in the area of relationship building, either with their customers or with their teammates. We’re still seeing the spend allocated towards travel as a key component of any business strategy,” Butte said.
    But while global business travel is expected to reach a new high of $1.57 trillion in 2025, according to a Monday report by the Global Business Travel Association, that total represents 6.6% year-over-year growth, which is less than the 10.4% increase that was previously predicted. GBTA cited trade tensions, policy uncertainty and economic pressures as the reasons for the more moderate growth.
    A string of sentiment polls by GBTA also shows that corporate travel optimism for the rest of 2025 appears muted. The percentage of respondents who said they were optimistic about the overall outlook for the business travel industry in 2025 dropped sharply from 67% in November 2024 to 31% in April and declined slightly again this month to 28%.

    The findings from both reports, grouped together with commentary from airline CEOs last week, show C-suite leaders are still largely left in wait-and-see mode amid President Donald Trump’s fluid tariff policies, but companies appear now to have a better read on how they will manage the uncertainty.
    “Historically, corporate travel has been the first thing, one of the easiest things, to minimize if you’re a company,” Delta Air Lines CEO Ed Bastian said during the company’s earnings call this month, adding that corporate travel on the airline has been flat on a year-over-year basis.
    But Butte said that Navan has not seen a drop-off in business travel. Instead, businesses are shifting how they are spending.
    For example, Butte said businesses are continuing to commit to individual, face-to-face meetings, rather than spending on large group outings. The Navan index shows that spending on personal meals, meaning one-on-one meetings held over a meal, was up 9.8% from last year, while spending on team events and meals was the only category in the report that declined.
    Navan did see some compression earlier in the year in the share of higher-priced airline tickets purchased that were first class or business class, Butte said, but she added that the platform has since seen an acceleration as uncertainty has lessened.
    Airfare prices have also declined so far this year, which means business and consumers alike are spending less on plane tickets. Airfare fell 3.5% in June from a year earlier while inflation overall rose, according to the Bureau of Labor Statistics.
    GBTA CEO Suzanne Neufang said during an interview that CFOs have not cut travel spending off entirely, but are looking for efficient ways to get employees on the road. This may look like booking multicity trips, scheduling multiple meetings per trip or booking fewer trips per month, she said.
    Neufang said the business travel industry has been focused over the past five years on making sure every trip has a purpose and delivers a return on investment.
    “Gone are the days when there’s really frivolous business traveling,” Neufang said.

    Airline executives weigh in

    The new findings on business travel spending also come as airlines are reporting their quarterly earnings.
    When Delta reported earnings on July 10, Bastian said he expects both consumer and corporate confidence to improve in the second half of the year, creating an environment for travel demand to accelerate.
    Delta and other airlines saw travel demand come in weaker than expected at the beginning of the year, especially from price-sensitive customers traveling domestically. Bastian said back in April that Trump’s trade policies were hurting bookings.
    Bastian took a more positive tone this month, telling CNBC that corporate travel has stabilized as businesses have more clarity and confidence than they did earlier this year. But he said corporate travel is in line with last year, not the 5% to 10% growth Delta expected at the start of the year.
    Meanwhile, Delta President Glen Hauenstein said on an earnings call this month that corporate travel trends are “choppy” and overall corporate volumes are expected to be “flattish” over last year.
    United Airlines reported earnings last week. CEO Scott Kirby said during the company’s call with analysts that so far this month, the airline has seen a double-digit acceleration in business demand as uncertainty has declined.
    Andrew Nocella, United’s executive vice president and chief commercial officer, added that the business traffic growth is “across the board” and not restricted to any singular hub or vertical, which he said reflects lessening macroeconomic uncertainty.
    Southwest Airlines, Alaska Airlines and American Airlines are scheduled to report their quarterly results this week. More

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    Coca-Cola will roll out cane sugar version of namesake soda in the U.S. this fall

    Coca-Cola plans to expand its U.S. soda offerings with a version of its namesake cola sweetened with cane sugar.
    President Donald Trump had earlier announced that he had spoken with Coke about using “REAL Cane Sugar” in its drinks.
    Coke first started using high-fructose corn syrup to sweeten its namesake soda in the U.S. in the 1980s.

    A man walks past shelves of Coca-Cola bottles and cans at a shopping mall in Lagos, Nigeria November 5, 2019.
    Temilade Adelaja | Reuters

    Coca-Cola plans to introduce a version of its namesake cola made with cane sugar in the U.S. this fall, the company announced on Tuesday.
    Coke has used high-fructose corn syrup to sweeten its namesake soda in the U.S. since the 1980s, although it still uses cane sugar in other markets like Mexico. “Mexican Coke” has gained popularity in the U.S. over the last decade or so, as retailers like Costco and Target have stocked the drink, following the lead of bodegas and restaurants catering to Hispanic clientele.

    In a news release announcing its second-quarter earnings Tuesday, Coke said the new product offering is “designed to complement the company’s strong core portfolio and offer more choices across occasions and preferences.”
    The product announcement comes after President Donald Trump posted on Truth Social on Wednesday that he has been speaking with the company about using “REAL Cane Sugar” in its U.S. soda. Trump is a longtime fan of Diet Coke, which uses the artificial sweetener aspartame, and even has a button in the Oval Office to summon the drink.
    “As you may have seen last week, we appreciate the president’s enthusiasm for our Coca-Cola brand,” Coke CEO James Quincey said Tuesday on the company’s earnings conference call, before announcing the new product.
    Trump’s Health and Human Services Secretary Robert F. Kennedy Jr. has vocally opposed the use of high-fructose corn syrup, blaming it for obesity and chronic disease. Research does not suggest that cane sugar is a healthier option than high-fructose corn syrup.
    Longstanding tariff-rate quotas on sugar imported from other countries make the commodity a more expensive option than corn syrup, which is made in the U.S. and supported by government subsidies for corn farmers.

    Prior to Tuesday’s announcement, Coke had been touting moves to cut back the amount of sugar in its portfolio — and customers are liking the switch. For example, Coca-Cola Zero Sugar has been one of the fastest-growing drinks for the company, with 9% volume growth last year.
    Rival PepsiCo has also been adding cane sugar back to its namesake cola. On Monday, the company announced the forthcoming launch of Pepsi Prebiotic Cola, which includes three grams of fiber and five grams of cane sugar. More

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    Credit card startup Imprint beats big banks for Rakuten co-brand deal

    Imprint, the 5-year-old credit card startup, beat out banks in a competitive bidding process for a new co-branded card from online shopping platform Rakuten, CNBC has learned.
    The deal, to be announced later Tuesday, is the most recent sign that Imprint is gaining traction in the co-branded credit card industry.
    The New York-based startup also just raised $70 million in additional capital, boosting its valuation by 50% to $900 million less than a year from its previous round, according to Imprint CEO Daragh Murphy.

    A view of the logo of Rakuten Mobile at its branch in Tokyo, Japan, November 28, 2023. 
    Staff | Reuters

    There’s a new player making waves in an industry dominated by big banks.
    Imprint, the 5-year-old credit card startup, beat out banks in a competitive bidding process for a new co-branded card from online shopping platform Rakuten, CNBC has learned.

    The deal is the most recent sign that Imprint is gaining traction in the co-branded credit card industry.
    The New York-based startup also just raised $70 million in additional capital, boosting its valuation by 50% to $900 million less than a year from its previous round, according to Imprint CEO Daragh Murphy.
    Credit card partnerships with retailers, airlines and hotels are some of the most hotly contested deals in finance. Brands often go through extensive bidding processes to select a card company, while the companies compete for the right to issue cards to millions of loyal customers. The industry’s largest players include JPMorgan Chase, Capital One, Citigroup and Synchrony.
    “We’re talking to Fortune 500 companies about being their partner and them choosing us over Synchrony, over Barclays, over U.S. Bank,” Murphy said in an interview. “We have to kind of walk and talk like we’re a big, important company, even though we still have a startup ethos.”
    That’s why the company recently raised capital, bringing its total to $330 million, most of which is held on the firm’s balance sheet, according to Murphy. Those funds help show potential partners that Imprint has staying power, he said.

    Imprint also has about $1.5 billion in credit lines from banks including Citigroup, Truist and Mizuho, which it uses to extend loans to card customers, Murphy said. The startup is behind the cards from brands including Eddie Bauer, Brooks Brothers and Turkish Airlines.

    ‘Banks are in trouble’

    To offer its credit cards, Imprint usually partners with one of two small banks, First Electronic Bank or First Bank and Trust. Imprint handles the customer experience, including the technology and credit decisions, while using the credit card rails of regulated banks.
    In the case of the Rakuten card, Imprint is relying on the American Express network, which allows users to get Amex purchase protections and other perks. It is using First Electronic Bank to help issue the cards.
    “Though we’re not a regulated bank, we’re effectively building a bank,” Murphy said. “We have to do all the same things as a bank. We’re a capital markets company; we’re a compliance company; we’re a risk and credit and fraud company; we’re a technology company.”
    To gain a toehold in the market for co-branded cards, which can be used anywhere credit cards are accepted, Imprint decided it would focus on a seamless digital experience for customers, Murphy said. That requires technology integration that is difficult for established players who rely on third-party companies including Fiserv to complete transactions, he said.
    “The banks are in trouble because they don’t own the technology that the credit card runs on,” Murphy said. “Every credit card in your wallet, whether it’s Chase, Amex or from Citi or Synchrony, they rely on two or three different third parties to power the technology.”

    Fees & rewards

    Imprint also decided to set itself apart by making it easy for customers to pay off their loans, Murphy said. Card companies including Bread Financial and Synchrony make a far larger percentage of revenue from late fees than Imprint does, he said.
    “You shouldn’t have all these regressive late fees, and you shouldn’t make it hard to pay,” Murphy said. “The easier we make it to pay, the more likely you are to use the card, and the more likely you are to use the card, the better it is for everybody.”
    Finally, Murphy said the company’s low customer acquisition costs allow it to fund more rewards for card users.
    The new Rakuten card, for instance, offers users an extra 4% in cash back in addition to what customers earn through shopping on the online portal, capped at $7,000 in spending per year.
    Users also earn 10% in cash back while dining at Rakuten’s partner restaurants, and 2% cash back on groceries and non-partner restaurants.
    The previous Rakuten credit card was issued by Synchrony and discontinued in 2022. More

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    Coca-Cola earnings beat estimates as strong demand in Europe helps offset weakness elsewhere

    Coca-Cola topped Wall Street’s estimates for its quarterly earnings and revenue.
    The company reiterated its full-year forecast for organic revenue growth and narrowed its outlook to the top end of its prior range for comparable earnings per share.

    A 12-pack of Coca-Cola is displayed on a counter in a 7-Eleven convenient store in Austin, Texas, on July 17, 2025.
    Brandon Bell | Getty Images

    Coca-Cola on Tuesday reported quarterly earnings and revenue that topped analysts’ expectations as strong demand in Europe offset weaker volume in other markets.
    Shares of the company fell less than 1% in premarket trading.

    Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by LSEG:

    Earnings per share: 87 cents adjusted vs. 83 cents expected
    Revenue: $12.62 billion adjusted vs. $12.54 billion expected

    Coke reported second-quarter net income attributable to shareholders of $3.81 billion, or 88 cents per share, up from $2.41 billion, or 56 cents per share, a year earlier.
    Excluding asset impairments, restructuring charges and other items, the beverage giant earned 87 cents per share.
    Net sales rose 1% to $12.54 billion. Excluding items, the company’s revenue reached $12.62 billion.
    The company’s organic revenue, which strips out acquisitions, divestitures and foreign currency, increased 5%.

    But Coke’s global unit case volume fell 1% in the quarter. Every division but Coke’s Europe, Middle East and Africa business reported shrinking volume. The metric strips out the impact of pricing and foreign currency to reflect demand.
    Coke executives have previously said that economic uncertainty and geopolitical tensions have weighed on consumer confidence, hurting its sales in some markets.
    In North America, volume fell 1% as demand for the company’s namesake soda declined. Latin American unit case volume decreased 2%, while Coke’s Asia-Pacific market saw the metric drop 3% in the quarter. The company’s EMEA segment saw volume growth of 3%.
    Globally, Coke’s sparkling softs drink segment, which includes its namesake soda, reported that volume shrank 1%. The company’s juice, value-added dairy and plant-based beverage division saw volume fall 4%. And its water, sports, coffee and tea segment reported flat volume for the quarter, as growth in coffee offset declines in sports drinks.
    Coke also announced that it plans to introduce a version of its namesake cola made with cane sugar in the U.S. this fall.
    For the full year, Coke narrowed its outlook for comparable earnings per share growth to 3%, the top end of the range it had previously provided. The company reiterated its forecast that organic revenue will increase 5% to 6% in 2025.

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    GM beats earnings estimates as CEO says automaker works to ‘greatly reduce’ tariff exposure

    General Motors reported second-quarter earnings Tuesday that beat Wall Street’s estimates, despite ongoing uncertainty from President Donald Trump’s auto tariffs.
    The automaker affirmed its full-year guidance, which it had lowered in May to include a possible $4 billion to $5 billion impact from auto tariffs. 
    The company’s core profit fell 31.6%, to $3.04 billion.

    General Motors reported second-quarter earnings Tuesday that beat Wall Street’s estimates and affirmed its full-year guidance, despite ongoing uncertainty from President Donald Trump’s auto tariffs.
    Shares of the company fell about 3% in premarket trading.

    While automakers have been hoping for relief on tariffs, Trump’s 25% levies on imported vehicles and many auto parts remain in effect.
    In May, the automaker lowered its full-year guidance to include a possible $4 billion to $5 billion impact from auto tariffs. It affirmed that guidance on Tuesday and said the estimated tariff impact remains unchanged. 
    “In addition to our strong underlying operating performance, we are positioning the business for a profitable, long-term future as we adapt to new trade and tax policies, and a rapidly evolving tech landscape,” GM CEO Mary Barra said in a letter to shareholders. She added that the Detroit automaker was working to “greatly reduce our tariff exposure.”
    CFO Paul Jacobson said during an interview on CNBC’s “Squawk Box” on Tuesday that tariffs impacted GM’s second quarter by $1.1 billion, which is in line with GM’s earlier expectations as part of the full-year impact.

    Mary Barra speaks onstage during WSJ’s Future of Everything 2025 at The Glasshouse on May 28, 2025 in New York City.
    Dia Dipasupil | Getty Images

    The company said in the spring that its guidance took into account changes the Trump administration made to tariffs, which include reimbursing automakers for some U.S. parts and reducing the “stacking” of tariffs on one another for the industry.

    GM said it is making solid progress toward mitigating at least 30% of its expected cost increases due to tariffs through manufacturing adjustments, targeted cost initiatives and consistent pricing. It noted that the second half of the year will be more exposed to tariffs since it will have two quarters subject to Trump’s tariffs, while the first six months of the year only had one quarter affected.
    Jacobson said on “Squawk Box” that the automaker does not expect any specific price increases related to tariffs.
    Here’s how the company performed in the second quarter, compared with average estimates compiled by LSEG:

    Earnings per share: $2.53 adjusted vs. $2.44 expected 
    Revenue: $47.12 billion vs. $46.28 billion expected

    GM’s second-quarter results included net income attributable to stockholders of $1.9 billion, down 35.4% from $2.93 billion a year earlier. 

    Read more CNBC auto news

    Adjusted earnings before interest and taxes came in at $3.04 billion, a 31.6% decrease from $4.44 billion last year, but exceeding StreetAccount estimates of $2.89 billion.
    The automaker reported adjusted earnings per share of $2.53, down 17% from $3.06 a year earlier. Its revenue for the second quarter was down 1.8% compared with $47.97 billion a year earlier. Both year-over-year declines mark the company’s first since the fourth quarter of 2023, with the revenue decrease also reflecting the biggest year-over-year drop since the fourth quarter of 2021.
    GM’s North America margin, adjusted for earnings before interest and taxes, of 6.1% is down 44% from 10.9% a year ago
    Amid the trade uncertainty, GM is trying to counter tariff risks. Last month, the company announced it will invest $4 billion in several American plants, including moving or increasing production of two Mexican-produced vehicles to U.S. plants. The company also said last week it will move production of a gas-powered SUV and add manufacturing of pickup trucks to its home state of Michigan.
    The company’s full-year guidance, which it modified in May due to tariffs, includes adjusted EBIT of between $10 billion and $12.5 billion, down from its January guidance, which did not take tariffs into account, of $13.7 billion to $15.7 billion.
    GM’s yearly outlook also includes net income attributable to stockholders of $8.25 billion to $10 billion, down from $11.2 billion to $12.5 billion earlier this year, and adjusted automotive free cash flow between $7.5 billion and $10 billion, down from between $11 billion and $13 billion prior to the tariffs. 
    GM reported 974,000 vehicle sales in the second quarter, less than the 1 million estimated by StreetAccount. Its electric vehicle sales totaled 46,300 for the quarter.
    Investors will also be listening during Tuesday’s earnings call for commentary on GM’s commitment to electric vehicles. Trump’s new tax-and-spending bill, which he signed into law on July 4, is set to end the $7,500 tax credit for new electric vehicles and $4,000 credit for used EVs after Sept. 30.
    Jacobson said he expects a rush on EVs before the Sept. 30 expiration. After that, he said he expects slower demand for EVs.
    While GM initially set a goal to exclusively offer EVs by 2035, it has since said that consumer demand, which has been slower than expected, will dictate its EV plans.
    This is developing news. Please refresh for additional updates.

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