The electric-vehicle leader has now dropped prices in the U.S., Europe, Asia, the Mideast, and Africa. Tesla stock has tanked in recent months. Sagging demand growth has put a dent into electric vehicle titan Tesla Read more…
The cruise line has accomplished something that passengers should be happy about (even if they don’t know it happened). The covid pandemic forced all the major cruise lines including Royal Caribbean Group (RCL) – Get Read more…
Cryptocurrency exchange crypto.com is paring jobs, just a few months after an initial round of cuts. The bankruptcy of Sam Bankman-Fried’s crypto empire reverberates. Two months after the bankruptcy filing of the FTX cryptocurrency exchange Read more…
The warehouse club lost a key partner and members may not like its solution. Costco (COST) – Get Free Report offers members a mix of stock items and services alongside an ever-changing selection of goods Read more…
If you haven’t jumped the Twitter ship yet, you may not be able to use it in the way you’re used to today. The era of Elon Musk’s Twitter — a strange sentence to utter aloud, Read more…
The Federal Reserve Bank has been on an aggressive tightening path since March 2022. A total of 425 bps of rate hikes have pushed the Fed Funds Rate to 4.25%, the highest level since December Read more…
A volatile week awaits FX traders, featuring the first Bank of Japan decision of the year. It’s a close call whether policymakers will adjust their yield strategy once again, although even if they don’t, it’s Read more…
Year 2023 has delivered for risk lovers thus far. Early signs of moderating core price pressures in the US, Chinese reopening and a mild winter in Europe are altogether positive signals for risky assets in Read more…
Markets The recent downleg in core yields finally came to a standstill. Markets yesterday further reduced expectations both on the pace of Fed hiking and on the end-point of the rate cycle after US inflation Read more…
Britain, as previously with mainland Europe, is showing better than expected GDP performance, tempering expectations on the depth and duration of the looming recession. Monthly GDP estimates showed an unexpected growth of 0.1% in November Read more…