Tesla earnings miss, stock turns lower as Musk tempers Cybertruck expectations
Tesla Inc. investors initially looked past an earnings miss for the EV maker on Wednesday, focusing on some good news about the Cybertruck, but
U.S. industrial output up 0.3% in September as auto strike has limited impact
The numbers: U.S. industrial production rose 0.3% in September, the Federal Reserve reported Tuesday. The gain was above expectations of a 0.1% gain, according
Mortgage bankers expect the 30-year rate to drop to 6.1% by the end of 2024
High mortgage rates are hammering home buyers, but expect rates to fall over the next year, one industry group says. Mortgage rates are over
Canada’s annual inflation cools in September
TORONTO (Reuters) -Canada’s annual inflation rate edged down to 3.8% in September on broad-based price reductions for some travel-related services, durable goods and groceries,
Regulators Focus On AI-Powered Surveillance In BNPL Industry
In recent quarters, the financial services industry has been buzzing with discussions about regulation parity in the Buy Now, Pay Late sector, and its
The Shrinking Truth About Retailers’ Theft Complaints
The recent spate of headlines about the retail theft crisis implies that shoppers have suddenly gone rogue, on a crime spree ranging from cheating
London Stock Exchange Group On Course To Hit Upper End Of Guidance
Shares in London Stock Exchange Group rose on Thursday after the financial markets operator said it was on track to hit the higher end
Bank of America says this brokerage stock is cheap and has 50% upside
Bank of America thinks it’s the right time for investors to scoop up shares of Interactive Brokers after its earnings topped analyst estimates earlier
Big banks are quietly cutting thousands of employees, and more layoffs are coming
The largest American banks have been quietly laying off workers all year — and some of the deepest cuts are yet to come. Even
New York AG accuses crypto firms of deceiving investors in $1 billion fraud
The fallout from the colossal implosion of Sam Bankman-Fried’s crypto business is still rippling through the digital asset industry nearly a year later. On
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