Dollar stabilizes ahead of PCE inflation data; euro awaits eurozone CPI release
The U.S. dollar stabilized in early European trade Thursday, after hefty losses this week as signs of a cooling U.S.…
Tesla faces federal probe over vehicle range after Reuters report
(Reuters) – Federal prosecutors are looking into Tesla (NASDAQ:TSLA) performance claims after Reuters reported the electric carmaker exaggerated the potential…
Japan stocks higher at close of trade; Nikkei 225 up 0.74%
Japan stocks were higher after the close on Thursday, as gains in the Precision Instruments, Shipbuilding and Banking sectors led…
US insurers brace for Idalia claims, UBS estimates $9.36 billion cost in Florida
(Reuters) -Insurers were expected to face claims for billions of dollars from Hurricane Idalia which made landfall in Florida on…
Australia stocks higher at close of trade; S&P/ASX 200 up 0.10%
Australia stocks were higher after the close on Thursday, as gains in the Telecoms Services, IT and Financials sectors led…
U.S. stocks are rising on hopes for a pause on rate hikes
U.S. stocks were gaining on Wednesday despite weaker than expected economic data as investors looked toward Friday’s job report for…
Elon Musk’s X can’t beat lawsuit claiming age bias in layoffs
(Reuters) – A California federal judge has refused to dismiss a lawsuit accusing X, the social media service formerly called…
Berkshire’s Geico must face privacy lawsuit over driver’s license disclosures
(Reuters) – Geico must face a proposed nationwide class action accusing the car insurer of violating customers’ privacy by disclosing…
HP Inc. shares slide after PC maker tempers full-year forecasts
Shares in HP Inc (NYSE:HPQ) shed nearly a tenth of their value in early U.S. trading on Wednesday, marking their…
European car sales surge in July; EVs grow 61%
The European Automobile Manufacturers Association (ACEA) published its monthly data on Wednesday, revealing a 15.2% surge in new car registrations…