Mar 25, 2024 | Markets
Price fell to 9 cents before shares were halted Monday morning EV maker’s talks with automaker for investment were terminated The New York Stock Exchange announced Monday it was suspending trading of Fisker Inc. stock after the electric vehicle startup’s shares sank...
Mar 22, 2024 | Markets
Pimco co-founder notes stocks unaffected by higher real yields Bonds are unattractive because there’s ‘too much supply’ Bill Gross warned that investors are in for a bumpy ride as “excessive exuberance” sweeps financial markets. The S&P 500 Index surged above...
Mar 21, 2024 | Markets
As Japanese equities soar to record highs after a decadeslong slump, the government is now trying to encourage retail investors to put their one quadrillion yen in cash savings to work in the stock market. The latest Bank of Japan quarterly survey showed that...
Mar 21, 2024 | Markets
China is building its military and nuclear arsenal on a scale not seen since World War II and all signs suggest it’s sticking to ambitions to be ready to invade Taiwan by 2027, a top US admiral testified. Despite Beijing’s economic challenges, its official defense...
Mar 21, 2024 | Markets
Consumer sentiment was once a reliable predictor of election outcomes. Not anymore. The way Americans feel about the economy is now largely determined by party affiliation. During Donald Trump’s administration, consumer sentiment plunged among Democrats and surged...