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Asian stocks mixed as markets wait for China policy briefing
Asian stocks were mixed on Friday as Chinese markets declined as investors await a key briefing about the details of the upcoming stimulus plan this weekend. U.S. futures rose while oil prices were
Wholesale inflation remained cool last month in latest sign that price pressures are slowing
Wholesale prices in the United States were unchanged last month in another sign that inflation is returning to something close to normal after years of pressuring America's households in the wake of
Musk Shows Tesla Cybercab, Sees Sub-$30,000 Cost and 2026 Production
Elon Musk unveiled prototypes of a long-awaited Tesla Inc. robotaxi called Cybercab, saying production may start in 2026 and that the vehicle could cost less than $30,000.
Another key US inflation gauge fell in September
Inflation for US producers slowed further in September, adding to hopes that prices aren’t getting jacked up before they get to consumers.
These Stocks Are Moving the Most Today: Tesla, Uber, JPMorgan, Wells Fargo, BlackRock, Aehr Test Systems, and More
Tesla stock falls after its robotaxi event late Thursday, while earnings from JPMorgan Chase and Wells Fargo top analysts’ estimates.
Homeowners haven’t drained cash out of their houses this fast since 2008
Homeowners across the U.S. may be locked in, but they can still cash out. With home values soaring over the last few years, homeowners who have built up equity are turning to home-equity loans to
Sanofi in Talks to Sell 50% of Consumer Health Unit to CD&R
Sanofi SA is in talks to sell a 50% controlling stake in its consumer health unit to Clayton Dubilier & Rice, in what is set to be one of the biggest deals this year.
This is the No. 1 CD in October 2024
Despite this seemingly grim news for savers, there are still plenty of CDs this month promising high earning potential — the annual percentage yield for many of the top-yielding CDs in October 2024
Israel Yet to Reach Iran Decision as It Steps Up Beirut Strikes
Israel’s government has yet to decide how to retaliate against Iran for a missile attack last week, according to an Israeli official familiar with the matter.
Fitch Ratings Might Cut France’s Outlook to Negative, Causing Bond Spread to Widen
Fitch, which reviews France later on Friday, is unlikely to cut the sovereign’s AA- credit rating but it might lower the outlook to negative, causing the 10-year French-German government bond yield
VW, Porsche China Sales Slide as Market Turns to Local EVs
Volkswagen AG’s China sales slid 15% in the third quarter as Germany’s biggest carmaker continued to lose ground in key markets in the shift to electric vehicles.
U.S. crude oil on pace to eke out second weekly gain on Middle East war risk
Traders worry Israel will hit Iran's oil industry, potentially triggering a cycle of escalation that causes a significant disruption of supplies.
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