Will the Federal Reserve continue to hike interest rates as the banking industry walks on eggshells after the implosion of Silicon Valley Bank and Signature Bank earlier this month? The anticipation is…
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Tesla deliveries fall due to China Covid shutdowns and supply shortages
Parts shortages and pandemic-related production shutdowns at Tesla’s plant in Shanghai caused a big drop in the electric car maker’s latest global vehicle deliveries, according to figures released on Saturday.…
Homeowners delay big purchases, improvement projects due to inflation
For homeowners, big projects and purchases may be another casualty of rampant inflation, new research suggests. Overall, 60% of homeowners in a recent survey are less comfortable making large purchases…
Bath & Body Works shares tumble as retailer cuts profit outlook due
Sale signs inside the Bath and Body Works store in Edmonton. On Thursday, January 6, 2022, in Edmonton, Alberta, Canada. Artur Widak | Nurphoto | Getty Images Bath & Body…
Schwab Q2 Trader Sentiment Survey: More Than Half of Traders Say the Market is Due for a Significant Correction in the Second Quarter
A third of traders don’t expect inflation to ease until 2024 at the earliest WESTLAKE, Texas–(BUSINESS WIRE)– The latest Charles Schwab Trader Sentiment Survey reveals that more than half (53%)…
Ray Dalio just said your cash savings, bonds are ‘stupid to own’ due to low interest rates — so use these 3 alternative places to stash your money
Ray Dalio just said your cash savings, bonds are ‘stupid to own’ due to low interest rates — so use these 3 alternative places to stash your money Some say…
Lordstown Motors delays EV pickup production due to supplier issues
The Lordstown Motors Corp. Stamina electric pickup truck sits on phase in the course of an unveiling party in Lordstown, Ohio, U.S., on Thursday, June 25, 2020. Matthew Hatcher |…
Sales of existing homes rose in September, likely due to a brief decline in mortgage rates
A home, available for sale, is shown on August 12, 2021 in Houston, Texas. Brandon Bell | Getty Images Sales of previously owned homes increased 7% to a seasonally adjusted…