Dollar steady before data; yen slips despite GDP surprise
The dollar held steady on Thursday as investors waited for data on U.S. retail sales and jobless claims, while the…
Airbnb Sees Demand Moderating as Chesky Readies for Pivot
Airbnb Inc. ended 2023 stronger than analysts’ had expected but suggested that demand in the current quarter wouldn’t be as…
Tesla’s Response to Demand Drop as Stock Falls
Tesla (TSLA) shares edged lower Monday after the carmaker unveiled a fresh round of U.S. price cuts, raising further questions…
Dollar steady, US inflation data tops this week’s bill
The dollar was steady on Monday as a holiday in most major Asian markets subdued the start of what could…
Devon Energy Could Soon Join the Oil Patch Acquisition Binge
There’s currently a massive consolidation wave happening in the oil patch. Oil giants ExxonMobil, Chevron, and Occidental Petroleum have sealed…
Japan’s Nissan Sees Profit Decline Amidst Sales Slump in China
TOKYO (AP) — Nissan’s profit sank in October-December to about half of what it earned the year before, the automaker…
Oil Oversupply Set to Tighten, Prices on the Rise
The narrative of the oil market will soon be flipped on its head, according to Occidental CEO Vicki Hollub. Oversupply…
Adapting to Silence: TikTok Dance Craze Shifts as Universal Removes Pop Music
After Universal Music Group’s licensing deal with TikTok expired, users are coping with the platform’s loss of songs by artists…
Bitcoin Flat as Traders Look Forward to the ‘Year of the Dragon’
Bitcoin {{BTC}} traded flat, hovering over $42,000 early Monday, while the CoinDesk 20 Index {{CD20}} is down 0.75% at 1,643,…
Tesla Defect Probe Escalates After Nearly 2,400 Steering Complaints
US authorities upgraded an investigation into a possible defect involving Tesla Inc.’s top-selling models after identifying almost 2,400 complaints about…