Apr 3, 2024 | Markets
US carmaker’s share has fallen below 7% from 10.5% a year ago Tesla relies on just two models in highly competitive market The global slowdown in electric vehicle demand that contributed to Tesla Inc.’s biggest-ever quarterly sales miss is hurting Elon Musk’s standing...
Apr 2, 2024 | Markets
Country seeks to bolster prices as farmers prepare to plant Corn prices in China near lowest in more than three years Chinese customs have asked some traders to limit deliveries of foreign corn into bonded areas in a move aimed at easing domestic oversupply and...
Apr 2, 2024 | Markets
Bloomberg Economics ran a million forecast simulations on the US debt outlook. 88% of them show borrowing on an unsustainable path. The Congressional Budget Office warned in its latest projections that US federal government debt is on a path from 97% of GDP last year...
Apr 2, 2024 | Markets
FX strategy head sees BOJ intervention with dollar-yen at 152 That is unlikely to support the yen without Fed rate cuts The yen could slide to hit 160 per dollar unless the Federal Reserve cuts interest rates this year, according to Bank of America Corp. Any...
Apr 1, 2024 | Markets
Griffin shared hedge fund’s outlook in letter to investors He said the firm predicts a ‘challenging’ economic landscape Citadel founder Ken Griffin told investors he expects modest economic growth in upcoming quarters and cited US national debt as a “growing concern...
