Bitcoin Price Closes In on $100,000 Again
Bitcoin BTCUSD +1.87% price rose early Thursday but trailed behind other big cryptocurrencies. Moves in digital coins were largely driven…
Oil Falls as Traders Speculate on Trump’s Sanctions Strategy
Oil retreated from a five-month high as the market adjusts to new sanctions on Russian crude and digested mixed signals…
Toyota’s truck division Hino to pay $1.6 billion as part of emissions scandal
A Toyota (TM) division that manufactures trucks will pay more than $1.6 billion and plead guilty to violations related to…
Tesla is offering new Cybertruck discounts. Is there a demand problem?
Tesla (TSLA) is discounting select Cybertrucks, the latest indication that the EV pickup and its polarizing design are suffering from…
BP to Eliminate About 5% of Workforce to Cut Costs, CEO Says
BP Plc is eliminating 4,700 positions internally, about 5% of its workforce, and more than 3,000 contractor jobs, Chief Executive…
Bitcoin flirts with $100,000 level as angst over Fed path eases
Bitcoin (BTC-USD) hovered near $100,000 after notching its biggest gain of the new year on reassuring US inflation data that…
Renault 2024 sales volumes grow 1.3%, helped by hybrids
French automaker Renault said on Thursday that sales grew by 1.3% in 2024, with a strong fourth quarter driven by…
Stocks Rise on Fed Rate-Cut Bets, Earnings Boost: Markets Wrap
Global stocks rose Thursday, lifted by data showing cooling US core inflation and a slew of robust corporate earnings. Europe’s…
Gold Holds Gain as US Inflation Data Boosts Rate-Cut Optimism
Gold advanced after a surprise slowdown in US inflation revived expectations for Federal Reserve rate cuts this year. Bullion traded…
Biggest IKEA retailer to invest $1 billion in recycling firms
The investment arm of Ingka Group, the biggest global IKEA retailer, said it will invest 1 billion euros ($1.03 billion)…