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Category: Economy
Dave Clark, Amazon’s chief consumer officer, resigns
Placeholder while loading article actions The e-commerce giant announced in a blog post Friday that the…
Fed Meester says inflation has not peaked and multiple interest rate increases of half a point are needed
Cleveland Federal Reserve President Loretta Mester said Friday that she doesn’t see ample evidence that inflation…
Exclusive: Elon Musk wants to cut 10% of Tesla jobs
Tesla employed about 100,000 people at the end of 2021 Musk warned employees on Tuesday to…
Cruz gets the green light for a commercial motorized vehicle in San Francisco
Kyle Vogt, Co-Founder, President, and CTO of Cruise Automation Inc. , standing next to the driverless…
S&P 500 and Nasdaq rise in volatile session
Stocks rose on Thursday, with all three major US indexes falling after erasing earlier losses. The…
Oil prices fall as OPEC may compensate for Russian production losses
OPEC + meets on Thursday to discuss production policy in July Sources: Saudi Arabia and OPEC…
Morgan Stanley says buy dip in these five global stocks
Global markets have been hit hard by a slew of macro headwinds, but Morgan Stanley sees…
Elon Musk tells Tesla employees: Go back to the office or leave
June 1 (Reuters) – Tesla Inc (TSLA.O) CEO Elon Musk has asked employees to return to…
Stocks fall, bond yields rise on inflation fears
The European STOXX 600 index gave up its gains Commodities and tech stocks drop Bond yields…