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White house enumerates 4 headwinds for the us economy

Chair of the Council of Economic Advisers, i.e. the White House economic adviser, Jared Bernstein: US economy facing headwinds from:possible shutdown,...

September 27, 2023, 9:49 pm

Ev makers rivian and lucid stock rise on fears that the uaw strike could drag on

Shares of electric vehicle producers Rivian Automotive Inc (NASDAQ:RIVN) and Lucid Group Inc (NASDAQ:LCID)rose Wednesday after President Biden signal...

September 27, 2023, 2:15 pm

It disruption paralyses volkswagen's central infrastructure

An IT disruption paralysed the central infrastructure of the Volkswagen Group on Wednesday, a Volks...

September 27, 2023, 1:49 pm

Biden supports uaw bargaining for a 40% raise — elon musk says it would bankrupt the automakers

After President Biden joined the United Auto Workers picket line and expressed his support for a 40% wage...

September 27, 2023, 12:02 pm

Costco earnings call worries investors despite beating estimates

Costco (COST) shares trend lower in Wednesday's pre-market session after reporting its fourth-quarter earnings results yesterday. While Costco beat ea...

September 27, 2023, 10:46 am

Volkswagen: terminates three-shift production agreement at zwickau plant

Volkswagen is currently negotiating a new production deal with workers at its all-electric plant in Zwi...

September 27, 2023, 4:50 am

Don't miss the boom: 3 consumer stocks set to explode higher

When you hear consumer stocks in an environment like this one, you automatically think of the negatives. After all, consumers are in a sticky situatio...

September 27, 2023, 1:30 am

Boj minutes - discussed if wage hikes would continue while profits weak for many firms

Nothing in these is a game changer. Headlines via Reuters: Members agreed it was important to check whether wa...

September 26, 2023, 11:53 pm

President biden visits uaw picket line as strike against top u.s. car companies persists

President Biden stopped by Detroit, Michigan, to show support for the United Auto Workers' strike against the top U.S. car companies for higher ...

September 26, 2023, 4:15 pm

Richmond fed composite manufacturing index for september 5.0 versus -7.0 last month

Prior month -7.0Richmond Fed composite manufacturing index 5.0 versus -7 last month. The gain breaks a string of 17 consecutive declines.Services inde...

September 26, 2023, 2:00 pm

Japan economy news: kishida’s bold economic package

Japan Economy News: Kishida’s Bold Economic Package Amid Plummeting Support In economy news of Japan, Prime Minister Fumio Kishida has taken centre ...

September 26, 2023, 1:58 pm

Philly fed september non-manufacturing index -16.6 vs -13.1 prior

Prior was -13.1Firm-level business activity -5.5 vs -0.5 priorNew orders -9.2 vs -16.0 priorFull-time employment +6.4 vs +8.1 prior...

September 26, 2023, 12:30 pm

Blame 'bidenomics' for uaw strike, former vp pence says

Autoworkers continue their strike against the Big 3 automakers: Ford (F), General Motors (GM), and Stellantis (STLA). Vice President Mike Pence attrib...

September 26, 2023, 12:08 pm

Volkswagen to temporarily pause production of two ev car models due to drop in demand -spokesperson

Volkswagen will suspend production of ID.3 and Cupra Born electric cars at its Zwickau and Dresden plan...

September 26, 2023, 12:07 pm

Ups hiring over 100,000 holiday workers

UPS said it's seeking to hire more than 100,000 seasonal workers as it prepares for another holiday shipping season. UPS is enticing workers by offeri...

September 26, 2023, 11:21 am

Dallas fed september manufacturing index -18.1 vs -17.2 prior

Prior was -17.2Details:Output (production) +7.9 vs -11.2 priorNew orders -5.2 vs -15.8 priorEmployment +13.6 vs +4.3 priorOutlook -17.5 vs -18.4 prior...

September 25, 2023, 2:30 pm

Unifor reaches agreement with ford in canada, represented workers to receive wage, pension gains

Canadian labor union Unifor announced Sunday its members voted to ratify a three-year contract with Ford Motor, which includes gains in ...

September 25, 2023, 5:10 am

Canadian union unifor says ford offers wage increases of 10% for first year

Ford Motor offered a 10% wage increase for the first year followed by increases of 2% and 3% through th...

September 23, 2023, 9:25 am

Ecb's lane: 4% rate will do quite a bit to bring inflation to 2%

4% rate will do quite a bit to bring inflation to 2%ECB is still very data dependentexpects rates to held sufficiently long at 4%Key ...

September 22, 2023, 1:18 pm

The nzd is the strongest and the jpy is the weakest as the north american session begins

The NZD is the strongest and the JPY is the weakest as the North American session begins. The Bank of Japan (BOJ) got its shot today when it announced...

September 22, 2023, 12:15 pm


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