Asian stocks fell and the dollar climbed to more than five-month highs on Tuesday as stronger-than-expected US retail sales for March further reinforced expectations that the Federal Reserve is unlikely to be in a rush to cut interest rates this year. Rising geopolitical tensions kept risk sentiment in check, lifting prices of gold and oil, […]
Brent crude dips to $90 per barrel as markets monitor Israel-Iran, while 14,000 jobs could be cut at Tesla
BEIJING/FRANKFURT (Reuters) -Tesla has cut prices in a number of its major markets, including China and Germany, following price cuts in the United States, as it grapples with falling sales and an intensifying price war for electric vehicles (EVs), especially against Chinese EVs. The price cuts come after Tesla, led by its billionaire CEO Elon Musk, reported this month that its global vehicle deliveries in the first quarter fell for the first time in nearly four years. "Tesla prices must...
Strong first-quarter numbers are puzzling the Chinese, who witness a stagnant economy daily. Two factors reconcile the difference.
Strong first-quarter numbers are puzzling the Chinese, who witness a stagnant economy daily. Two factors reconcile the difference.
Strong first-quarter numbers are puzzling the Chinese, who witness a
One of our favorite unofficial holidays, 4/20, is a day of celebration, an opportunity to eat, toke, cop, and watch any and everything around our favorite medi
I am just old enough to remember the Apollo missions. I was only a toddler when Neil Armstrong made his historic walk, but I do recall griping to my parents that Saturday morning cartoons had been pre-empted for videos of a bunch of astronauts bouncing around the lunar surface. Hey, I was a little kid. For all I knew, people went to the moon every day. I just wanted to know what had happened to Bugs Bunny. That is a perfectly legitimate excuse if one is six. Of course, watching the Apollo...
Independent digital investment advisor Betterment has reached an agreement with Goldman Sachs to acquire the digital investment accounts of Marcus Invest. Subject to customary closing conditions, those accounts will be transferred to Betterment around June 29, the companies said in a Monday (April 22) press release. Customers will have the option to opt out of this transfer. Those who are transferred […]
NEW YORK -- Tesla CEO Elon Musk told employees on Monday that the electric
Profits rose 28% for Goldman during the first quarter as the Wall Street giant recorded improvements in everything from investment banking to trading to wealth management.
Looking for a pocket-friendly vacation in China? Xiamen is an affordable city compared to Beijing or Shanghai.