Fronts of the GMC Sierra Denali,Tesla Cybertruck and Ford F-150 Lightning EVs (left to right).Michael Wayland / CNBCDETROIT – Tesla, General Motors, Rivian Automotive and Ford Motor have created a new market in the U.S. automotive industry of pricey, powerful and...
Yesterday, commodity weakness in metals was widely attributed to Goldman Sachs, which cut its copper forecast because of projected weakness in China. Then there was concern that the August jobs report, out this Friday, was going to be weaker than...
Many hotel chains are racing to replace the plastic room key with digital options, including Apple Wallet and Google Wallet apps. Plastic hotel key cards have had a rough few years. During the pandemic, touch was taboo, so touchless trends accelerated. And...
Check out the companies making headlines in premarket trading. Nvidia — The chip designer and artificial intelligence bellwether slipped more than 4% despite surpassing Wall Street estimates on the top and bottom line in its fiscal second quarter. Nvidia earned...
The S & P 500 is marching back toward record highs, and it's not being led by megacap tech alone. More than 80% of S & P 500 stocks closed above their 50-day moving average last week — the most...
Here are Friday's biggest calls on Wall Street: Evercore ISI reiterates Nvidia as outperform "We continue to view NVDA as our top Tectonic Shift in Computing pick, with a full-stack ecosystem that positions it to capture 70-80% of the value...
Richard Newstead | Moment | Getty ImagesLONDON — Britain's biggest high street lenders are continuing to slash borrowing costs after the Bank of England's first interest rate cut in four years sparked a boom in homebuyer activity.Barclays, Halifax, HSBC and NatWest are...
UAW President Shawn Fain chairs the 2023 Special Elections Collective Bargaining Convention in Detroit, Michigan, U.S., March 27, 2023. Rebecca Cook | ReutersDETROIT – United Auto Workers President Shawn Fain ratcheted up criticism of Stellantis CEO Carlos Tavares in a video...
Inflation rose as expected in July, driven by higher housing-related costs, according to a Labor Department report Wednesday that is likely to keep an interest rate cut on the table in September.The consumer price index, a broad-based measure of prices...
U.S. Vice President and Democratic presidential candidate Kamala Harris speaks with members of the media before boarding Air Force Two at Detroit Metropolitan Wayne County Airport in Romulus, Michigan, U.S., August 7, 2024.Elizabeth Frantz | ReutersVice President Kamala Harris on...
