Americans Under 35 Are Reviving Cafes With Their Iced Coffee Obsession
Are you among the die-hard fans who swear by iced coffee even in the depths of winter? You’re hardly alone.
Tesla’s Slowing Growth Is Sending a Warning to All EV Makers
Tesla Inc. this week tempered its growth expectations, signaling that pain is coming for the electric-vehicle industry, a Morgan Stanley analyst said on Friday.
Ozempic Fear in Food and Drink Stocks Has ‘Gone Overboard,’ RBC Says
The stocks rout fueled by the frenzy around a new class of weight-loss drugs is starting to make companies that feed the appetites of consumers look a lot more appealing, according to RBC Capital Markets.
John Paulson’s $1 Billion Caribbean Empire Faces Betrayal
In the decade since hedge fund billionaire John Paulson took a grand gamble on Puerto Rico, he’s faced the wrath of the markets and mother nature.
AMLO’s Mexicana Airline Has No Jets or Schedule Ahead of Launch
Mexico’s new state-owned airline has no planes or scheduled flights registered under its name a little more than a month before it’s supposed to start operations.
VW Cuts Margin Forecast on Hedging Loss, Higher Costs
Volkswagen AG trimmed its profitability forecast for the year after earlier hedging losses were compounded by higher costs and supply-chain issues last quarter.
Bitcoin Tests $30,000 Again While ETF Approval Optimism Rises
Bitcoin briefly topped $30,000 for the second time this week on growing expectations that another favorable court action raises the likelihood than an exchange-traded fund holding the cryptocurrency will finally be approved.
Bitcoin Tests $30,000 Again While ETF Approval Optimism Rises
Bitcoin briefly topped $30,000 for the second time this week on growing expectations that another favorable court action raises the likelihood than an exchange-traded fund holding the cryptocurrency will finally be approved.
Fed’s Mester Says Interest Rates Are at or Near the ‘Holding Point’
Federal Reserve Bank of Cleveland President Loretta Mester said the US central bank is close to wrapping up its aggressive tightening campaign, but signaled she still favors raising rates once more this year based on how the economy evolves.
First Quantum’s Flagship Copper Mine Wins Approval in Panama
First Quantum Minerals Ltd.’s flagship copper mine received final approval from the Panamanian Congress for a revised operating contract, ending years of legal uncertainty.