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Tesla’s ‘Master of Coin’ bids the EV-maker farewell after racking up a $590 million fortune

Jennifer DuBois -
A Tesla exec's departure will see him leave with a $590 million fortune, according to Bloomberg.Zachary Kirkhorn, worked at Tesla for 13 years,...
Business

Warren Buffett’s favorite indicator signals stocks are ‘significantly overvalued’

Jennifer DuBois -
Warren Buffett's favorite stock market indicator is hinting that equity valuations are stretched after a summer of bull market vibes on Wall Street.The...
Business

CPI preview: Inflation expected to have ticked slightly higher last month

Jennifer DuBois -
On Thursday, investors will be closely watching for one of the most important data points the Federal Reserve will consider in its next...
Business

Inflation Is Expected To Rise. Here’s Why The Fed Won’t Care.

Jennifer DuBois -
The consumer price index, due out from the Labor Department early Thursday, should show just a modest monthly gain in July, even as...
Business

AI Lender Upstart’s 445% Rally Fades After Outlook Dampens Frenzy

Jennifer DuBois -
(Bloomberg) -- Upstart Holdings Inc.’s breakneck rally is losing momentum after the lending platform that uses artificial intelligence provided a disappointing outlook.Most Read...
Business

Verizon to raise prices again

Jennifer DuBois -
(Reuters) - Verizon Communications is raising prices on some of its wireless plans as the No. 1 U.S. telecom firm by subscribers looks...
Business

Palantir Stock Tumbles. Where It Could Be Headed Next.

Jennifer DuBois -
Business

Rivian Earnings Impressed Wall Street. The Stock Is Falling Anyway.

Jennifer DuBois -
Business

Russia abandons budget rule in effort to save tanking rouble

Jennifer DuBois -
By Alexander Marrow and Elena FabrichnayaMOSCOW (Reuters) - Russia effectively abandoned its budget rule on Wednesday as the central bank said it would...
Business

U.S. judge greenlights Nio investor class action over factory claims

Jennifer DuBois -
By Jody Godoy(Reuters) - Nio Inc investors can proceed as a class in a lawsuit claiming the Chinese electric vehicle maker lied about...
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