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Xi’s Metal Curbs Risk Backfiring as G-7 Seeks China Alternative

Jennifer DuBois -
(Bloomberg) -- China’s decision to control the export of two key metals showed it has some power to retaliate against moves by the...
Business

Stocks end lower amid China headwinds, Fed minutes: Stock market news today

Jennifer DuBois -
Stocks ended Wednesday's session lower as traders returning from the Independence Day break eyed headwinds for the global economy and combed through the...
Business

Federal Reserve minutes: Some officials wanted to raise interest rates last month

Jennifer DuBois -
WASHINGTON (AP) — Some Federal Reserve officials pushed to raise the Fed’s key interest rate by one-quarter of a percentage point at their...
Business

“Almost all” Fed officials agreed to skip June hike – minutes

Jennifer DuBois -
By Howard SchneiderWASHINGTON (Reuters) - A united U.S. Federal Reserve agreed to hold interest rates steady at the June meeting as a way...
Business

Nikola moves to liquidate battery pack maker Romeo Power

Jennifer DuBois -
Nikola Corp. is liquidating Romeo Power, the battery pack maker it acquired for $144 million in stock less than a year ago.The move...
Business

Spectre: The Rolls-Royce of EVs is finally here

Jennifer DuBois -
“Torsten, make sure it's a Rolls-Royce first and an electric car second.”Those were the words of warning from clients around the world to...
Business

Meet the Wall Street scaremongers who were totally wrong about an ‘imminent recession’

Jennifer DuBois -
Wall Street's fearmongers were totally wrong about a recessionWall Street analysts and economists have always had a tendency to fall in love with...
Business

Jeff Bezos Is Paying $600K A Month In Rent To This Famous Musician — Here’s How To Collect Rental Income Without Becoming A Landlord

Jennifer DuBois -
With a net worth of $153 billion, Amazon.com Inc. Founder Jeff Bezos can probably afford to buy any house he wants. But right...
Business

Markets Fall at Midday Ahead of the Release of the Fed’s Latest Meeting Minutes

Jennifer DuBois -
Key Takeaways U.S. equities declined at midday on Wednesday, July 5, 2023, ahead of the release of meeting minutes from the Fed's June policy...
Business

Nikola Production Declines After Fire at Headquarters

Jennifer DuBois -
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