Week Closes on Wall Street with Declines in Major Indices
Wall Street concluded the week on a downbeat note as investors grappled with the latest release of the Personal Consumption Expenditures (PCE) Index, the Federal
Home
Page 383
Alliance for Automotive Innovation Criticizes Biden’s Fuel Standard
The Alliance for Automotive Innovation, a prominent advocacy group representing major automakers including General Motors, Toyota Motor, Volkswagen, and Hyundai, issued a strongly worded statement
UAW Escalates Strikes at Ford and GM Plants
The United Auto Workers (UAW) escalated their strikes on Friday morning, introducing “stand up” strike locations in a strategic move extending into the third week
AB InBev Shares Surge 4% Post Bank of America Upgrade
Shares of Anheuser-Busch InBev (AB InBev), the parent company of Bud Light, surged by as much as 4% on Friday following an upgrade from Bank
Eight Companies Settle with SEC, Pay $111M in Penalties
Eight prominent companies have collectively agreed to pay a staggering $111 million in penalties to the US Securities and Exchange Commission (SEC) for transgressions related
McCarthy Faces Crisis as Government Shutdown Looms
With the Saturday night government shutdown deadline looming, House Speaker Kevin McCarthy faced a significant setback on Friday afternoon as his Republican-exclusive proposal to avert
Crypto Hedge Fund Co-Founder Su Zhu Arrested in Singapore
In the latest development of a series of high-profile detentions within the cryptocurrency industry, authorities arrested Su Zhu, co-founder of the embattled crypto hedge fund,
30-Year Treasury Yields Surge, Sparking Concerns
The 30-Year Treasury Yields are poised for their most substantial quarterly surge since 2009, causing apprehension that the recent bond market turmoil may send ripples
Retailers Navigate Uncertainty in Holiday Shopping Season
As the holiday shopping season approaches, retailers are facing a complex landscape of consumer behavior. While some have reported a sustained demand for holiday goods,
Fitbit Charge 6: Enhanced Fitness Tracking with Google Perks
Fitbit, a leading name in fitness technology, is set to launch its latest flagship fitness tracker, the Charge 6, on October 6th. Priced at $159,
