US car unaffordability bites as prices, rates soar
American consumers face unprecedented car unaffordability as average prices exceed $50,000 for new vehicles and loan rates climb, impacting household budgets.
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Antonio Filosa reaffirms Stellantis guidance amid stock slump
Stellantis CEO Antonio Filosa reconfirmed the automaker’s 2026 guidance despite its stock hitting a new low. Learn about the $70B turnaround plan for the emb…
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China vows ‘resolute response’ as EU trade tensions escalate
China’s Commerce Ministry warns of “resolute response” to EU trade curbs, intensifying China EU trade tensions ahead of high-level talks. Brussels seeks to r…
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Jamie Dimon proposes US-Europe trade deal to counter autocrats
JPMorgan Chase CEO Jamie Dimon has proposed a ‘big, beautiful’ economic and free-trade agreement between the U.S. and Europe, contingent on the bloc’s reforms.
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Goldman Sachs denies David Solomon CEO succession timeline
Goldman Sachs disputes reports of a definitive timeline for CEO David Solomon’s departure, labeling assertions about a 2027 or 2028 exit as “speculation,” de…
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S&P 500 plunges as bond yields hit multi-year high
The S&P 500 fell significantly on September 28, 2026, as inflation worries and surging bond yields fueled investor concerns about Federal Reserve rate hikes….
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Jim Cramer says individual stock picking is no fool’s errand
Jim Cramer argues individual stock picking isn’t foolish, highlighting the long-term successes of Apple, Microsoft, and Meta Platforms for retail investors.
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Micron Technology eyes Nvidia’s spot in S&P 500 profit growth
Micron Technology is positioned to become the top S&P 500 profit growth driver, potentially surpassing Nvidia, as AI fuels demand for memory chips.
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Global ecommerce market will exceed $6 trillion in 2024
The global e-commerce market is set to surpass $6 trillion in 2024, driven by mobile commerce, B2B growth, and AI. Explore key trends and global ecommerce st…
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Apple faces $5.7B patent infringement verdict
A federal jury in San Diego has ordered Apple to pay over $5.7 billion to Taction Technology for patent infringement related to iPhone and Apple Watch haptic…
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wall street week discussions on china and fed policy
Bloomberg Television’s “Wall Street Week”, hosted by David Westin, dedicated its May 17, 2024, episode to a range of pressing global economic and technologic…
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Amazon rehires former staff for AI roles after Amazon layoffs
Amazon is re-recruiting former employees for critical AI and cloud roles after widespread Amazon layoffs, totaling 30,000 corporate jobs. This strategy highl…
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oracle corp japan announces record first quarter results
Oracle Japan’s stock surged over 7% after it announced record first-quarter sales and a 31.7% jump in cloud revenue, bucking a selloff in its U.S. parent.
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US and Argentina unveil Andes-Atlantic Corridor infrastructure plan
The United States and Argentina launched the Andes-Atlantic Corridor on 2024-06-03, an infrastructure initiative focused on bolstering critical mineral suppl…
