The dollar index accelerated higher on Wednesday, following much stronger than expected US services PMI data (May 53.8 vs 51.0 f/c and Apr 49.4) which signaled that services sector returned to growth (May figure hit Read more…
Like many contemporary automakers, the future of Stellantis’ (STLA) iconic Jeep brand is an electric one. But as a brand whose roots date back nearly 80 years, it may have to make some exceptions in Read more…
The housing market is still a mess for prospective homebuyers. So what needs to happen in order for them to see some relief? Celebrity real estate agent Ryan Serhant joined TheStreet to share what has Read more…
Zoom (ZM) CEO Eric Yuan knows that employees despise long meetings, so he is creating an unconventional solution to solve the problem. The CEO is developing a “digital twin,” an avatar powered by artificial intelligence, Read more…
With the economy showing signs of weakness in recent weeks, investors are growing more convinced that the Federal Reserve will cut interest rates this year. Those signs include: scant annualized GDP growth of 1.6% in Read more…
A beloved retailer is reviving itself from the grave. Popular coffee chain Foxtrot is making a comeback after it closed dozens of its stores in April, causing a stir among its employees, when its parent Read more…
Now we know why they call it “Jensanity.” Nvidia (NVDA) CEO Jensen Huang reportedly received rock star treatment in Taiwan recently, where he was a keynote speaker at the Computex Taipei computer trade show. Huang Read more…
A new EV from Swedish brand Volvo will be the first to offer what the brand calls a “battery passport,” which seeks to address concerns brought up by regulators in the EU and the U.S., concerned Read more…
The old adage says sell the sizzle, not the steak, but Cava Group (CAVA) wants to sell both. On Monday, the Mediterranean fast-casual restaurant chain launched its grilled steak dish, which is available at locations across Read more…