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CPI preview: Inflation expected to remain elevated in April as rate hike risks loom

A closely-watched report on US inflation is expected to show that consumer prices remained elevated last month, consistent with the levels seen in...

Novavax Offers Upbeat Guide, But Scraps 25% Of Its Workforce

Novavax (NVAX) an offered upbeat sales view Tuesday and announced a 25% reduction in its workforce to help cut costs — and NVAX...

PayPal Stock Falls. Growth Is Coming at a Price.

PayPal Stock Falls. Growth Is Coming at a Price. Source link

What the Debt Ceiling Means for Money-Market Funds

What a U.S. Default Would Mean for Your Money-Market Fund Source link

Should You Get Paid for Teaching a Chatbot to Do Your Job?

As a result, the company spent a lot of time training new workers hired to replace those who quit. Many of the skills...

Tesla Breaks Ground on Lithium Refinery. Why It’s a Big Deal.

Tesla Breaks Ground on Texas Lithium Facility. Why It’s a Big Deal. Source link

Novavax lays off 25% of workforce, releases 2023 outlook

(Reuters) -Novavax said on Tuesday it will reduce its global workforce by 25% as the cash-strapped biotech pushes forward with its plans to...

UPDATE 3-Iveco to fully own venture with Nikola on electric, hydrogen trucks

*Deal to have 44-mln-euro negative impact on Iveco's Q1*Iveco sees no impact on 2023 cash targets*Shares open down in Milan*Iveco to pay $35...

Futures on shaky ground after disappointing earnings forecasts

(Refiles to add dropped word "down" in bullet)(Reuters) -U.S. stock index futures fell in the early hours of Tuesday on downbeat earnings forecasts...

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