The General Motors world headquarters office is seen at Detroit’s Renaissance Center. Paul Hennessy | LightRocket | Getty Images DETROIT — Shares of General Motors and Ford Motor each tumbled Mo...
Tag: Business
U.S. should pump more oil to avert war-level energy crisis: JPMorgan’s Jamie Dimon
Dimon said in June that he was preparing the bank for an economic “hurricane” caused by the Federal Reserve and Russia’s war in Ukraine. Al Drago | Bloomberg | Getty Images JPMorgan ...
TradFi Firms Scoop up Crypto Talent to Boost Blockchain Business
Keen on developing their blockchain capabilities, traditional finance (TradFi) companies have been increasingly hiring crypto-savvy staff laid off by the market downturn. Prior to the market meltdown,...
Rivian shares are set to slump after the company announced a big recall
Production of electric Rivian R1T pickup trucks on April 11, 2022 at the company’s plant in Normal, Ill. Michael Wayland / CNBC Shares of Rivian Automotive are set to open sharply lower Monday a...
Christopher Columbus is the target in Stephen Graham Jones’ ‘Earthdivers’
“Earthdivers” writer Stephen Graham Jones at New York Comic Con on Oct. 7, 2022. Mike Calia | CNBC NEW YORK – Even in fourth grade, Stephen Graham Jones thought the heroic story of Christ...
Halloween items like 12-foot Home Depot skeleton are key to retail strategy
A child looks at a halloween costume on the rack. At the Target department store in Exeter Township Tuesday afternoon for a story on halloween costumes. Ben Hasty | Medianews Group | Getty Images In t...
Semiconductor Stocks Tumble After U.S. Announces New Chip Restrictions
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Heat wave crisis in Europe grows as locals lack air conditioners
Europe is facing a tough winter, as inflation and energy prices continue to rise. The continent also faces tough decisions following its scorching hot summer Heat waves in Europe broke records, sparke...
Opinion: 4 predictable retirement problems — and how to solve them
When modeling out retirement, people often apply rules of thumb for income timing. The classic one is the “4% rule,” which many people now think is a bit optimistic as a “safe” withdrawal rate. Bey...
S&P 500 would be in an ‘earnings recession’ if not for this one booming sector — but that may not last long
Fears of an actual recession are weighing on investors near the end of 2022, but there is another type of recession also in sight: an earnings recession. The S&P 500 index would already be in an e...
How credit cards ruined the airport lounge
This article is reprinted by permission from NerdWallet. Years ago, there were business travelers and there were leisure travelers, and nary did the perks of the high-flying former trickle down to th...
Rivian Recalling Nearly All of Its Vehicles
Rivian Automotive is recalling nearly all of its vehicles to address a potential problem that could cause customers to lose steering control, the company said Friday. The electric truck and SUV maker ...
OSIS Enables Anyone to Tokenize Their Business or Assets In…
The tokenization market has a lot of room to grow in the next couple of years, estimated to reach over $544 trillion in less than two decades, and OSIS plans to accelerate the adoption of a tokenized ...
Ex-CEIBS Educator John Quelch Steps Down As University Of Miami Business School Dean
University of Miami Herbert Business School Dean John Quelch. Ethan Covey Photography International business and education expert John Quelch will step down as dean of the University of Miami Herbert ...
Don’t ‘be a hero’ while the Fed battles inflation
CNBC’s Jim Cramer on Friday warned investors against adding to their portfolios until the stock market and economy become less volatile. “This economy is a runaway train; it’s smashe...
Rocket builder Astra Space gets delisting warning from Nasdaq
A close up look at Astra’s LV0008 rocket at LC-46 in Cape Canaveral, Florida. John Kraus / Astra Embattled small rocket-builder Astra revealed Friday that it received a delisting warning from th...
OPEC Just Put a New Floor on Oil Prices. Politics Could Break It.
Text size Top oil producers agreed on a major cut in production to boost crude prices, a move denounced by the U.S. Frederic J. Brown/AFP via Getty Images OPEC’s latest controversial decision to cut p...
Five Reasons Why Airline Business Travel Has Permanently Changed
Businesses have learned that video platforms are stable and effective to replace some activities … [+] that used to require airline travel. getty Business travel for airlines has been the lifebl...
Covid vaccines prevented at least 330,000 deaths among U.S. seniors in 2021
Covid vaccines prevented at least 330,000 deaths and nearly 700,000 hospitalizations among adult Medicare recipients in 2021, the Health and Human Services Department said in a new report published Fr...
New cars are finally back in stock, but they come at a steep price
Vehicles are displayed for sale at an AutoNation car dealership on April 21, 2022 in Valencia, California. Mario Tama | Getty Images DETROIT — New cars are slowly becoming more widely available, as su...
Postal workers in the UK agree crunch strike talks with Royal Mail bosses
LONDON – August 26, 2022: CWU general secretary Dave Ward (in grey suit jacket) visits the picket line in Whitechapel on August 26, 2022. Members of the Communication Workers Union (CWU) voted i...
AMD, Levi Strauss, DraftKings and more
Here are the companies that are making headlines before the bell: Advanced Micro Devices (AMD) – AMD slid 5.3% in the premarket after cutting its sales forecast. The chipmaker said it is being hit by ...
Latinos Continue To Be Underrepresented In The Media Business
Rep. Joaquin Castro (D-TX) has been critical on the lack of Latinos employed in the media industry. … [+] (Photo by Anna Moneymaker/Getty Images) Getty Images A recent report from the Government...
Token Revolution – build your decentralized business
SPONSORED POST* Token Revolution srl is one of the first realities in Italy in the field of tokenization and corporate and private digitization, being on the market since May 2021. The project, develo...
GXO Logistics is a buy
Axsome Therapeutics Inc: “They’re trying to cure pain. … We know who didn’t do it well, and we’re not even going to mention it.” nCino Inc: “As much as I like...
Cramer says economic data can’t capture one huge driver of inflation
CNBC’s Jim Cramer on Thursday said that a huge driver of inflation is the consumer’s desire to spend money in the reopening economy – a fact that isn’t reflected in the data that the...
Americans are souring on the housing market. Home buyer sentiment hits lowest level since 2011 — and mortgage rates reach 7%.
There’s no respite for home buyers these days. From rising rates, high home prices, and an uncertain economic outlook, shoppers are finding it hard to jump into purchasing a home. Fannie Mae noted th...