Fighting inflation Next week offers a plethora of monetary policy meetings with the ECB, BoJ, CBRT, SARB and CBR among those. Central banks have mostly been racing to raise interest rates while watching official inflation Read more…
Faster, cleaner deliveries are among the goals of using the new technology. Retailers are always inordinately excited to announce that they will be dropping off their customers’ orders by drone — Walmart (WMT) – Get Read more…
To be considered accredited, an investor must meet one of the SEC’s financial or professional requirements. Mike Hindle via Unsplash; Canva What Is an Accredited Investor? An accredited investor is a person or organization recognized Read more…
Tesla’s CEO is trying to slow down a big project (It’s not a factory). (Elon Musk is usually in a big hurry.) – Get Twitter Inc. Report The CEO of Tesla, founder of SpaceX, the Read more…
Time was wasting away for would-be cruisers on Jimmy Buffett’s Margaritaville cruise ship this week, after the coast guard stopped the ship from sailing on schedule. But the order was lifted Friday after safety issues Read more…
Citigroup and Wells Fargo are rallying on earnings. Here are the levels they must clear now. After bank earnings started rolling in yesterday, Wells Fargo (WFC) – Get Wells Fargo & Company Report and Citigroup (C) Read more…
A major automaker may be able to overtake Tesla’s EV sales by 2024, a recent report says. Volkswagen (VWAGY) – Get Volkswagen AG ADR Report is moving into the fast lane. The German automaker has been Read more…
The German luxury vehicle maker announced a new paid service. And it’s, uh, taking heat on social media for it. BMW (BMWYY) has just created a big problem for itself. When consumers in most countries are facing Read more…
The SAFE Banking Act passed the House of Representatives for the seventh time this week. It now heads to the Senate where it will likely be defeated. The U.S. House of Representatives passed the Secure Read more…
Starbucks plans to close 16 stores over safety concerns, while labor representatives accuse the coffee giant of union busting. Starbucks (SBUX) – Get Starbucks Corporation Report interim Chief Executive Howard Schultz is looking to the future. Read more…