Car prices in the U.S. fell by 0.2% year-over-year in July, according to the latest data from the Bureau of Labor Statistics. This was the...
Ouster Meets Wall Street Expectations, But Stock Falls on Weak Outlook
Ouster, a leading lidar maker that merged with Velodyne in February 2023, announced its financial results for the fourth quarter and full year of 2022...
How to Invest 30k Wisely: Tips from Reddit and Experts
If you have 30k to invest, you may be wondering what are the best ways to grow your money and achieve your financial objectives. However,...
Crypto Market Rises as US Inflation Data Eases Pressure on Fed
The US inflation rate slowed down in July, according to the latest data released by the Labor Department on Friday. The Consumer Price Index (CPI),...
Singapore Cuts 2023 Growth Outlook Due to Weak Global Demand
Singapore’s economy grew by 0.5% year-on-year in the second quarter of 2023, according to the Ministry of Trade and Industry (MTI) on Friday. This was...
UAW Demands Threaten to Hurt GM and Ford’s Profitability
The United Auto Workers (UAW) union is demanding a hefty pay raise and other changes from the Big Three US automakers: General Motors Co. (GM),...
Americans Face Record-High Credit Card Debt Amid Economic Crisis
According to the latest report by the Federal Reserve Bank of New York, credit card balances in the U.S. reached a new milestone in the...
Dunkin’ Spiked: A New Twist on Iced Coffee and Tea
Dunkin’, the popular coffee and doughnut chain, is preparing to launch a new line of products that will appeal to adult iced coffee and tea...
Kenvue: A New Consumer Health Giant Emerges from J&J Spinoff
Johnson & Johnson (J&J), one of the world’s largest and most diversified healthcare companies, has completed the spinoff of its consumer health unit, Kenvue, in...
Investors React to US July CPI Release on Reddit
The US Bureau of Labor Statistics released the Consumer Price Index (CPI) data for July 2023 on August 10, 2023, at 8:30 am ET. The...
Amazon expands its primary care service One Medical in the US
Amazon, the online retail giant, is opening new locations of One Medical, the subscription-based primary care provider that it acquired earlier this year. The move...
Why Citi Analyst Says Li Auto Is a Buy and XPeng Is a Sell
The Chinese electric vehicle (EV) market is one of the largest and most competitive in the world, with dozens of players vying for a share...
How Elon Musk Tested Grimes’ Knowledge of ‘Lord of the Rings’ on Their Second Date
A new book by Walter Isaacson reveals some details about the relationship between Elon Musk, the billionaire founder of Tesla and SpaceX, and Grimes, the...
Disney+ to offer cheaper plan with ads in UK from November
Disney+, the streaming service that offers content from Disney, Pixar, Marvel, Star Wars, National Geographic, and Star, has announced that it will launch a new...
How to Invest in High-Yield REITs, According to an Expert
Real estate investment trusts (REITs) are companies that own or finance income-producing properties, such as office buildings, shopping malls, hotels, warehouses, and apartments. REITs offer...
WeWork shares plummet after bankruptcy warning
WeWork, the once high-flying startup that provides shared office spaces, has issued a warning about its ability to continue as a going concern due to...