As inflation slows down some, one place not seeing the relief is grocery prices. Food at home prices rose 1.3% from June to July, leading to a 13.1% rise compared to last year. According to […]
The House of Representatives passed the Inflation Reduction Act Friday, by a vote of 220 to 207. The bill will now head to the White House to be signed and become law. The bill will […]
Citi Analyst Chris Danely is warning investors to stay away from semiconductor stocks. In a new note to clients, Danely writes, “We believe negative catalysts will now outnumber positive catalysts given upcoming PC data points […]
Elon Musk has told the court hearing Twitter’s lawsuit against him that Twitter is hiding key witnesses in their legal battle, which he will need to call to prove he should be released from the […]
The Consumer Price Index was unchanged in July, due to a precipitous drop in the price of gasoline, in a small sign of hope the Federal Reserve may begin softening its highly aggressive policy position […]
During early Asian trading, oil prices fell, as traders considered rising inventories and diminishing demand. Brent crude futures dropped 53 cents, or 0.5%, to $96.87 per barrel by 0005 GMT, as U.S. West Texas Intermediate […]
Tesla CEO Elon Musk tweeted Wednesday that the electric automaker will begin shipping its 500 mile range Semi Truck to customers this year, and deliveries of the company’s Cybertruck will begin next year. Tesla Semis […]
As investors try to figure out if the market has reached its bottom, analysts at Jefferies Equity Research & Strategy issued a weekend note in which they pointed out that the recent pace of the […]
As Russia prepares to allow traders from “friendly” countries which have not sanctioned the nation to trade on the Moscow Exchange, the Russian central bank announced steps Monday which will prevent investors from “unfriendly” countries […]
Elon Musk has responded to Twitter’s suit seeking to force him to follow through on his $44 billion purchase agreement with the social media giant. In his response to the suit, which includes counter-claims, Musk […]
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