Fast food giants will report their next quarterly earnings in the coming weeks. What’s Wall Street looking out for? Among other things, the impact of inflation on the numbers like …
Business
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Ford (F) is slashing prices and boosting production of its Mustang Mach-E electric vehicle (EV), in a move that likely comes as a response to Tesla’s big price cuts earlier…
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President Joe Biden and House of Representatives Speaker Kevin McCarthy will meet at the White House on Wednesday for talks in the standoff over the federal debt ceiling and prospect…
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Business
Electric vehicles more expensive to fuel than gas-powered cars at end of 2022: consulting firm
For the first time in more than a year, owners of traditional gas-powered cars saved more money at the pump than those driving their electric counterparts, according to a consulting firm. As inflated…
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American Express (AXP), one of the world’s top credit card companies, has also long been a favorite of Berkshire Hathaway (BRK-A, BRK-B) CEO Warren Buffett. “You can’t create another American Express,”…
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`From CNN to the Washington Post, US media are facing tough times, as a series of outlets have announced layoffs this winter amid fears of an economic downturn. Vox Media,…
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Microsoft founder and billionaire turned philanthropist Bill Gates recently laid to rest the long-time conspiracy theory that he owns some 80% of all U.S. farmland in his 11th appearance in an “Ask…
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The Pakistani rupee fell 9.6% against the dollar on Thursday, central bank data showed – the biggest one-day drop in over two decades – in a slump that may persuade…
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Britain has asked Europe for emergency assistance amid fears that thousands of homes could face blackouts in southeast England. The daily The Times reported that urgent requests were made for extra…
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In court, Elon Musk doubles down on ‘driving factor’ behind Tesla ‘funding secured’ tweet Tesla (TSLA) CEO Elon Musk testified on Monday that concern over a pending news report was…