One EV maker is best positioned as the group is hit by China concerns, Mizuho says
Rivian has the pole position to ride out weaker EV demand in China, according to Mizuho.
How ‘trickle-down economics’ backfired on Britain’s shortest-serving prime minister
The U.K.’s ex-Prime Minister Liz Truss goes down in history as the country’s shortest-serving leader — departing just 44 days into the job — after her controversial trickle-down economic strategy unleashed chaos on financial markets, political infighti…
Apple tightens its rules on crypto and NFTs in its App Store
Apple clarified its rules on cryptocurrencies and non-fungible tokens (NFTs) laying out what apps are allowed to do with these technologies.
Home prices cooled at a record pace in August, S&P Case-Shiller says
Home prices are higher than they were a year ago, but gains are shrinking at the fastest pace on record.
‘Unloved, undervalued’ UK stocks back in focus on Rishi Sunak stability hopes
As Rishi Sunak becomes the U.K.’s third prime minister in as many months, some analysts are re-assessing their outlook for British stocks.
It just got a lot cheaper to buy a top dividend ETF
The iShares U.S. Dividend and Buyback ETF is getting a new name and a lower price for investors.
Microsoft drops 6% after revealing weak guidance on its earnings call
Microsoft’s cloud revenue was lower than expected, and growth should slow further in the next quarter. Now executives will moderate operating expense growth.
Adidas terminates Ye partnership, Gap removes Yeezy items over rapper’s antisemitic remarks
Adidas giant had faced pressure from the public and its own employees to cut ties with Ye over a series of offensive comments.
White House warns of ‘severe consequences’ if Putin uses nuclear weapons in Ukraine; Russian court upholds Griner’s 9-year term
A “dirty bomb” would contaminate a large area with radioactivity, making it harmful or uninhabitable for residents there, without using a nuclear explosion.
‘Our country is facing a profound economic crisis’: Rishi Sunak pledges to fix mistakes as he becomes UK PM
The U.K.’s third prime minister of the year faces a packed in-tray including a looming recession and the European energy crisis.
