by Bloomberg.com | Apr 26, 2023 | alerts, Markets/Economy
Man GLG’s Cole says markets are pricing in ‘almost no landing’ S&P 500 below 3,000 would reflect cyclical risks, he says US stocks need to drop by more than a quarter from current levels to adequately reflect the looming slowdown in economic growth and company...
by Bloomberg.com | Apr 21, 2023 | alerts, Markets/Economy
Feature-packed Seagull launches into midst of China price war Later version may carry cheaper, safer sodium-ion battery A new electric hatchback starting from just 78,800 yuan ($11,450) from BYD Co. is set to intensify competition in China’s already crowded...
by Bloomberg.com | Apr 20, 2023 | alerts, Markets/Economy
US median selling price in March was 0.9% below year-ago level Houses are still expensive due to historically limited supply US housing prices are finally starting to come down, but not nearly enough for many aspiring buyers struggling to break into the market. The...
by Bloomberg.com | Apr 20, 2023 | alerts, Markets/Economy
The two still cost less than they did at end of first quarter Elon Musk has said he’ll sacrifice profit margins for growth Tesla Inc. increased prices of its Model S and X vehicles in the US after steep markdowns early this year took a toll on profitability and the...
by Bloomberg.com | Apr 16, 2023 | alerts, Markets/Economy
US demand seen dropping 2% in 2023, with West Coast hit harder Trucking and container port activity both inch lower in China Signs of an economic slowdown are flashing in the global diesel market. In China, the number of trucks running on highways is noticeably down...
