‘Good one, Donald’: Biden flaunts stock market record highs, mocks Trump for predicting ‘collapse’
President Joe Biden has struggled to find an economic message that resonates with voters, who polls show trust ex-President Donald Trump more on the economy.
The ETF flowdown: 2023 is back on pace to be a solid year
Despite a sluggish start to the year, a record number of product launches and a red-hot November have put 2023 back on pace to be a solid year for ETFs.
The Dow will try to keep its record-setting momentum in the week ahead as more inflation data looms
The November personal consumption expenditures is expected to confirm recent reports efforts to cool inflation are taking hold.
U.S. urges Israel to move to a new phase of its war against Hamas
The Biden administration wants Israel to end its large-scale ground campaign in Gaza, U.S. officials told NBC News.
GM to lay off 1,300 Michigan workers as vehicles end production
GM plans to lay off about 1,300 workers in Michigan early next year due to vehicles they produce ending production, the company disclosed in state documents.
Southwest CEO vows last year’s Christmas meltdown ‘will never happen again’
Last year, Southwest canceled close to 17,000 flights over the crucial Christmas and New Year’s holiday period.
CrowdStrike CEO George Kurtz on China, Microsoft and the SEC
The cybersecurity firm has seen its stock price surge more than 130% this year, beating out larger rivals and the broader indexes.
Intel unveils new AI chip to compete with Nvidia and AMD
Intel announced new details about PC, server, and AI chips on Thursday, including Gaudi3, an AI chip for generative AI software that will compete with Nvidia.
GM’s Cruise laying off 900 employees, or 24% of its workforce: Read the memo here
The cuts come after a barrage of safety concerns and incidents have plagued the robotaxi subsidiary since it gained approval to operate in San Francisco.
Cadillac reveals three-row Vistiq to round out electric SUV lineup
Cadillac plans to round out its upcoming lineup of all-electric SUVs with a three-row vehicle called the Vistiq.