Wednesday, November 20, 2024

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Stock Market

Battery-metals maker Umicore cuts guidance on EV market slump

Umicore said it expects sales of its battery metals could be “equal or lower” than last year due to a “sharp slowdown in...

Stocks of Nio and BYD fall after Europe’s new tariff plans

The stocks of Nio and BYD fell Wednesday, following news that the European Commission plans to impose new tariffs on EVs from China...

FedEx laying off up to 2,000 workers to save up to $175 million a year

Stock price rises on plans by package-delivery giant to become leaner. Source link

Target raises quarterly dividend as retail competition heats up

Target is locked in a competitive battle for the consumer’s hard-earned dollar after a period of high inflation. Source link

EU to impose tariffs of up to 38% on Chinese electric vehicles

EU to impose tariffs of up to 38% on Chinese electric vehicles Source link

Treasury yields little changed as traders await CPI data and Fed policy decision

Bond yields saw meagre moves as investors eschewed big bets before the May CPI report and the an update on monetary policy from...

My husband and I are in our 30s, earn $120,000 a year and pay $1,500 in rent. Will we ever own a home?

“We both have a 401(k), his totalling $20,000 and mine just over $56,000.” Source link

Oracle’s cloud AI deals excite investors, but do they have long-term potential?

‘We do not believe these AI demand-driven partnerships will last forever,’ one analyst says. Source link

China’s consumer prices rise for fourth straight month

China’s consumer prices rose mildly in May, while factory-gate prices continued to fall, suggesting persistently tepid demand, as Beijing continues to try to...

Nathan’s hot-dog eating champ Joey Chestnut is now promoting plant-based franks

The competitive-eating great is joining forces with plant-based meat company Impossible Foods — but he’s been banned from the Nathan’s Famous Fourth of...

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