General Motors (GM), once at the forefront of the electric vehicle (EV) industry, has made a surprising announcement: it is abandoning its self-imposed target for [more…]
Bitcoin extended its weekly gains, briefly surpassing $30,000 as optimism about the approval of a spot Bitcoin ETF grew, alongside concerns both in the U.S. [more…]
American Airlines reported a third-quarter loss and adjusted its 2023 profit outlook due to the impact of rising fuel prices. The airline now anticipates earning [more…]
Despite concerns about high interest rates and a weakening economy, consumers displayed remarkable resilience in September, propelling retail sales well above expectations. According to the [more…]
In September, the producer price index (PPI) in the U.S. exceeded expectations, rising by 0.5%, indicating continued inflationary pressures. This increase was primarily driven by [more…]
The escalating violence in Israel is expected to drive investors towards safe haven assets as they monitor Middle East developments for potential market-related geopolitical risks. [more…]
Constellation Brands, the owner of popular beer brands Modelo Especial and Corona Extra, exceeded analysts’ predictions in its fiscal second quarter of 2024. The company [more…]
Ryan Cohen, the billionaire who holds the largest stake in GameStop, is assuming the roles of CEO, president, and chairman of the video game retailer. [more…]
UPS has announced its plan to hire over 100,000 seasonal workers for the upcoming holiday shipping rush, and this year, these workers will receive higher [more…]
The SEC is said to be examining a vast number of private messages obtained from messaging platforms like WhatsApp and Signal as part of its [more…]
