China surprises with modest rate cut amid growing yuan risks
(Reuters) -China cut its one-year benchmark lending rate on Monday as authorities seek to ramp up efforts to stimulate credit…
Oil up 1% on tighter supplies and heating oil prices
(Reuters) -Oil prices rose more than 1% on Monday as tighter supply reflected in fewer exports from Saudi Arabia and…
Analysis-Shippers bet on green methanol to cut emissions, supply lags
(Reuters) – Container shippers are ordering vessels powered by methanol to reduce greenhouse gas emissions, but it will take years…
Dow Jones, Nasdaq, S&P 500 weekly preview: All eyes on Nvidia and Powell
S&P 500 (SPX) fell 2.1% last week to mark the third consecutive week of selling. The index now trades about…
Nikola down in premarket after announcing $325M offering
Shares of Nikola Corp (NASDAQ:NKLA) traded down as much as 15% in premarket Monday after the electric vehicle maker announced…
US auto safety agency probes 2022 Ford Mach-E EV recall
(Reuters) -U.S. auto safety regulators said on Monday that they are investigating whether Ford Motor (NYSE:F)’s 2022 recall of nearly…
Wall Street analysts take opposite views on Insulet following share price decline
Citi raised Insulet (NASDAQ:PODD) Buy from Neutral in a note Monday, while Baird took the opposite approach and downgraded the…
Continental considering sale of ContiTech’s car division – manager magazine
(Reuters) – German auto parts supplier Continental is considering the sale of the car division bundled within ContiTech, manager magazine…
Fed’s long-term GDP outlook is dismal; the economy hasn’t got the message yet
(Reuters) – After puzzling for years over the sluggish U.S. rebound from the 2007-2009 recession, the Federal Reserve had a…
Futures gain as focus shifts to Powell at Jackson Hole, Nvidia earnings
(Reuters) – U.S. stock index futures rose on Monday after a sharp selloff last week, with investors awaiting more clues…