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Rivian, Tesla Slide on Report Trump Plans to Nix EV Tax Credit
Shares of US automakers fell after Reuters reported President-elect Donald Trump plans to eliminate the $7,500 consumer tax credit for electric-vehicle purchases.
Powell to Speak on Interest Rates and the Economy. Look for Clues About the Fed’s Next Rate Decision.
Federal Reserve Chair Jerome Powell will headline a busy week of central-bank officials’ public remarks on Thursday. Investors and economists will be listening closely for clues about the Fed’s
‘Not Very Good News’: Trump’s First Mention at APEC Is a Warning
For three hours on Thursday morning, Donald Trump was the elephant in the room at the Asia-Pacific Economic Cooperation as speakers danced around any direct discussion of how he would shake up the
General Mills is buying its fifth pet food business. Here’s why it could fetch more growth.
From an estimated $150 billion of spending in 2024, the category is expected to mushroom up to roughly $200 billion by 2030, according to estimates from Bloomberg Intelligence.
US wholesale inflation picks up slightly in sign that some price pressures remain elevated
Wholesale prices in the United States rose last month, remaining low but suggesting that the American economy has yet to completely vanquish inflationary pressure. Thursday's report from the Labor
Trump Threatens ESG Investing That Thrived in His First Term
Now, as Trump returns to power, the movement for environmental, social and governance investing, or ESG, is in a much weaker position after years of Republican backlash and a stre
3 drivers of the stock market's bull rally are hitting extremes and point to lower returns ahead, economist says
The main drivers of significant stock market gains over the past three decades are nearing extremes, suggesting future returns will be significantly lower. That's according to economist David
Cisco Gives Tepid Annual Forecast, Overshadowing Strong Results
Cisco Systems Inc., the biggest maker of computer networking equipment, delivered better-than-expected quarterly results and an upbeat outlook for the current period, but a conservative annual
The number of American filing for jobless claims falls to lowest level in 6 months
The number of Americans applying for unemployment benefits fell to their lowest level in six months last week as layoffs remain at relatively healthy levels. The Labor Department reported Thursday
Amazon Will Start Selling Cheap Hair-Loss Drugs. It’s a Huge Threat for This Stock.
The tech company’s prices appear set to undercut the long list of competing telehealth companies that rely on aggressive marketing campaigns to sell low-cost generics online.
Israeli Forces Move Deeper into Lebanon With Truce Talks on Hold
Israeli ground forces are expanding their six—week-old sweep of villages in southern Lebanon, triggering new clashes with Hezbollah militants while US-led cease-fire plans remain in limbo.
Super Micro Stock Could Get Delisted. What to Consider If You Own the Shares.
Super Micro Computer stock could be getting delisted soon. Now, investors who own the stock have to decide whether they want to continue holding the stock. Why could Super Micro get delisted? It
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