Hyundai Motor Company is recalling more than 61,000 Palisade SUVs in the U.S. after an issue with powered seats was linked to the death of a child, federal regulators said. The recall affects model year 2026 Palisade and Palisade Hybrid vehicles equipped with the Limited and Calligraphy trim packages, the…

Federal Reserve Vice Chair for Supervision Michelle Bowman said on Friday that she’s penciled in multiple rate cuts before the end of the year. “I’m still concerned about the job market,” Bowman, considered one of the more hawkish members of the Federal Open Market Committee, said during an interview on…