Lucid shares drop as deliveries take hit from Tesla's price war
(Reuters) -Lucid Group said its second-quarter production dropped from the previous three months while deliveries stayed flat, sending the shares
2023-07-12 22:28
White House cheers ‘Bidenomics’ as inflation rises by only 0.2%
The Bureau of Labor Statistics reported that inflation ticked up by only 0.2 per cent in June and had its lowest 12-month increase in more than two years in a welcome turn of events for President Joe Biden. The Consumer Price Index for All Urban Consumers showed that inflation rose 0.2 per cent last month after it had only ticked up 0.1 per cent in May, in a sign that inflation is easing up. Meanwhile, the all-items index rose 3.0 per cent for the past twelve months ending in June, its lowest 12-month increase since March of 2021.
2023-07-12 21:57
European Gas Falls to Lowest in a Month as Troll Set to Resume
European natural gas fell to the lowest level in a month on expectations that seasonal maintenance will ease
2023-07-12 21:28
European assets jump after U.S. inflation slows
MILAN European shares, currencies and bonds rallied on Wednesday after U.S. inflation slowed in June, feeding bets the
2023-07-12 21:27
Brent Crude Rises Above $80 a Barrel for First Time Since May
Brent crude futures rose above $80 a barrel for the first time since early May amid signs of
2023-07-12 20:56
Domino's Pizza inks a delivery deal with Uber Eats
Domino's Pizza has long been a holdout of using third-party delivery apps in the United States. But now, the pizza chain has struck a deal with one of the world's largest food delivery services.
2023-07-12 20:55
European Shares Jump as US Inflation Cools; Chip Stocks Rally
European stocks advanced as US inflation cooled more than expected, reducing the possibility of further rate hikes by
2023-07-12 20:52
US consumer prices rise modestly in June; core inflation slowing
WASHINGTON U.S. consumer prices rose modestly in June and registered their smallest annual increase in more than two
2023-07-12 20:46
Microsoft, Activision Deal May Need New UK Probe
Britain’s antitrust watchdog said that a new merger investigation into Microsoft Corp.’s $69 billion Activision Blizzard Inc. deal
2023-07-12 20:26
Italian Football Club Wins Long Delay on State-Backed Loans
A struggling Italian football club has won a reprieve on its state-backed loans in an unusual deal that’s
2023-07-12 20:22
Fine wine is souring as investment prices sink
Fine wine prices have been rising consistently for years, attracting investors looking to hedge against inflation, economic turmoil and stocks. Recently, the barrier to entry in the wine-as-an-investment market has fallen drastically, with a number of easy-access online brokerages and advisories popping up.
2023-07-12 20:17
An Indian culinary must-have is off the menu as prices jump 400%
From butter chicken to paneer makhani, Indian cuisine is unthinkable without the ubiquitous tomato.
2023-07-12 19:56