Biden to Hike Chinese EV Tariffs, Report Says. That Helps Some and Hurts Others.
The Wall Street Journal reports the Biden administration is considering quadrupling the import tariff on Chinese-made automobiles.
The Wall Street Journal reports the Biden administration is considering quadrupling the import tariff on Chinese-made automobiles.
Aldi has launched an insurance product, and with a track record of saving Aussies money, it couldn't come at a better time.
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Interest rates could go higher again if inflation proves stickier than expected or moves higher, the head of the Reserve Bank of Australia says.
Elon Musk confirmed he diverted artificial intelligence chips away from Tesla Inc. to his X Corp. and xAI Corp. ventures, offering explanations both for the redirected shipment and internal Nvidia Corp. emails casting doubt on the carmaker’s procurement plans.
5GW facility is roughly the same area as New York City
Finance expert Ben Nash said both options are great but it will depend on your circumstances.
Politicians want businesses to always accept cash, but that might be harder than it sounds.
Registered tax agent Belinda Raso shares four things to do now to maximise your tax return.
If you just found out that a stock you've invested in has been delisted, you're probably worried. Delisting is generally seen as a bad sign by investors, indicating that the company could be near...
Investors are weighing signs the surprising resilience in the US economy might be starting to show cracks.
Lululemon, maker of the pricey yogawear sported by seemingly everyone from Pilates moms to college students to preteens in the US, is at a crossroads.
Billionaire Richard Li has revived plans to list pan-Asian insurer FWD Group in Hong Kong, said three people with direct knowledge of the matter, after regulatory delay and market volatility scuppered previous attempts to take it public. Hong Kong-headquartered FWD could target a valuation of up to $9 billion in the initial public offering (IPO) depending on financial market conditions when launching the deal, one of the people said.
A rally that has propelled U.S. equities to record highs increasingly rests on red-hot chipmaker Nvidia and a handful of other giant stocks, reviving concerns that the market’s performance has become tied to a cluster of companies. About 60% of the S&P 500’s total return of more than 12% for the year has been driven by five companies whose shares have some of the heaviest weightings in the index: Nvidia, Microsoft, Meta Platforms, Alphabet and Amazon.com, data from S&P Dow Jones Indices showed. Nvidia - which on Wednesday became the world’s second-most valuable company following a 147% run this year - has alone accounted for about a third of the index’s gain.
Investing.com-- Major Asian chipmaking stocks and Nvidia suppliers rose sharply on Thursday, tracking an overnight rally in the market darling amid renewed optimism over artificial intelligence.
If you are on a journey to become financially independent, you may have heard of people building wealth through passive income. Check Out: Barbara Corcoran's 5 Best Passive Income Ideas Read Next:...
John Mackey said Bezos let Whole Foods cut prices to strengthen it in the long run even if it lost revenue in the short term.
Athletic apparel retailer Lululemon (NASDAQ:LULU) reported results in line with analysts' expectations in Q1 CY2024, with revenue up 10.4% year on year to $2.21 billion. On the other hand, next quarter's revenue guidance of $2.41 billion was less impressive, coming in 1.8% below analysts' estimates. It made a GAAP profit of $2.54 per share, improving from its profit of $2.28 per share in the same quarter last year.
INTERSHOP Communications Aktiengesellschaft ( ETR:ISHA ), might not be a large cap stock, but it saw a significant...
Steamships Trading (ASX:SST) has had a rough month with its share price down 6.5%. However, stock prices are usually...
A pick up in investor lending and housing-related loans more generally comes even as interest rates stay elevated and cuts remain in the distant future.