Editor’s Picks
Negotiations Tighten as UAW and Ford Narrow Pay Gap
Negotiators representing the United Auto Workers (UAW) and Ford Motor reported substantial progress in pay negotiations following a recent proposal from the automaker. Sources close...
Oil Prices Plunge Amid Global Growth Concerns
Oil prices plunged once again as fears of a global economic slowdown loomed large. This sharp decline followed yesterday’s substantial drop, marking the most significant...
Tesla’s NACS: Hyundai, Kia Make the Switch
Hyundai Motor and Kia Corp have officially confirmed the industry-shifting move towards adopting Tesla Inc’s North American Charging Station Standard (NACS) for their electric vehicles...
Surge in Long-Term Rates Sparks Economic Concerns
The Federal Reserve appears to be tacitly endorsing a surge in long-term interest rates, the highest levels seen since 2007. Over the past month, 10-year...
Wall Street Eyes Labor Data After Bond Reprieve
Following a slight decline at the opening bell on Thursday, Wall Street stocks retraced gains from the previous day’s bond market reprieve, with investors now...
Bond Market Respite Fuels Wall Street Recovery
Wall Street stocks made a strong recovery on Wednesday after a sharp decline in the previous session, as a surge in bond yields took a...
Reviving Disney Parks: Children’s Ticket Discounts
In a strategic move aimed at revitalizing its theme park attendance, Walt Disney Co. unveiled plans on Wednesday to roll out substantial discounts on children’s...
Amazon Prime Video Unveils Revenue-Boosting Advertisements
E-commerce giant Amazon is set to embark on a new revenue-generating venture by introducing advertisements on its popular streaming platform, Prime Video. According to UBS...
High Rates Drive Mortgage Applications Demand to 1995 Lows
The demand for mortgage applications witnessed a notable 6% dip last week, marking its lowest point since 1995, reveals the latest survey conducted by the...
CFPB Ruling Looms: Senator Warren Stresses Economic Impact
Senator Elizabeth Warren voiced her concerns on Wednesday regarding the potential ramifications of a Supreme Court ruling against the funding structure of the Consumer Financial...
