by News Feed Editor | May 15, 2024 | Stock Market
Cruise, the self-driving-vehicle unit of General Motors Co., has reportedly reached a settlement for between $8 million and $12 million with a pedestrian who was struck and severely injured by one of its robotaxis last year. Article Attribution | Read More at Article...
by News Feed Editor | May 15, 2024 | Stock Market
New York Community Bancorp’s stock gave back recent gains Wednesday on the heels of a $5 billion loan sale to JPMorgan Chase & Co., which marks a fresh move in the bank’s plan to turn a profit. Article Attribution | Read More at Article Source [mwai_chat...
by News Feed Editor | May 15, 2024 | Stock Market
Silver futures post their highest settlement since 2013 on Wednesday, and gold futures rallied, after U.S. government data revealed a slowdown in the rate of inflation, feeding expectations for interest-rate cuts this year. Article Attribution | Read More at Article...
by News Feed Editor | May 15, 2024 | Stock Market
Shares of Nio Inc. pulled a U-turn to trade sharply lower Wednesday, wiping out the bulk of their gains made in the wake of the Biden administration’s new tariffs on electric-vehicle imports from China. Article Attribution | Read More at Article Source [mwai_chat...
by News Feed Editor | May 15, 2024 | Stock Market
Sen. Elizabeth Warren and dozens of other Democratic lawmakers have pushed this week for President Joe Biden to use his executive authority to drive grocery chains toward lowering their prices. Article Attribution | Read More at Article Source [mwai_chat...
by News Feed Editor | May 15, 2024 | Stock Market
Surveys of consumers as well as businesses have been pessimistic for some time. Now the hard data, such as the retail-sales report for April, is starting to weaken as well, though it’s still much better than what the so-called soft data is suggesting. Article...