by Bloomberg.com | Oct 27, 2023 | alerts, Markets/Economy
Longer-term inflation expectations also rose in October News of war weighed on University of Michigan sentiment gauge US near-term inflation expectations rose in October to a five-month high as consumers feared higher prices at the gas pump, reinforcing downbeat views...
by Bloomberg.com | Oct 26, 2023 | alerts, Markets/Economy
Meta falls Thursday, in the wake of Alphabet and Tesla Selloff could push S&P 500 down 10% from its recent high The so-called Magnificent Seven technology companies that have powered this year’s US stock rally are posting disappointing earnings, wiping about $386...
by Bloomberg.com | Oct 25, 2023 | alerts, Markets/Economy
More Americans faced food insecurity in 2022 than in the previous year, marking first annual increase of struggling households in more than a decade. About 17 million US households, or 12.8% of the total, experienced difficulty at some time during the year in...
by Bloomberg.com | Oct 25, 2023 | alerts, Markets/Economy
(Bloomberg) — Electric vehicles may be seen as crucial to the future of transportation, but it’s been a rough stretch for investors in stocks tied to the sector. First, industry giant Tesla Inc. warned of growth troubles last week, then General Motors Co. said...
by Bloomberg.com | Oct 25, 2023 | alerts, Markets/Economy
Companies could set up JV for car sales outside of China Leapmotor stake could be valued at more than $1 billion Stellantis NV is nearing a deal to acquire a roughly 20% stake in Chinese electric vehicle company Zhejiang Leapmotor Technologies Ltd., people with...
