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General Motors Is “Dealing With Production Obstacles On a Weekly Basis”, Says CEO
General Motors is still solving production obstacles that will last into next year, CEO Mary Barra told CNBC’s Jim Cramer on Thursday. “It’s gotten better this year than last year,…
By Rochdi RaisLatest news
Crypto Startups Are Flourishing Despite The Crypto Market Crash
This year’s volatility in the crypto markets has seen billions of dollars wiped out of the industry. However,…
By Rochdi RaisEuro Could Surge In Value In The Near Future, Says CNBC’s Jim Cramer
CNBC’s Jim Cramer on Wednesday said that the euro could appreciate in value in the near future, pointing…
By Rochdi RaisJPMorgan Chase Summarized U.S. Economy In One Paragram; It Doesn’t Look Good
JPMorgan Chase CEO Jamie Dimon on Thursday summarized the state of the U.S. economy in one paragraph, and…
By Rochdi RaisDow Plunges 142 Points As Wall Street Asses The Possibility of Tighter Monetary Policy
Stocks plunged Thursday as big bank earnings showed disappointing results and as traders assessed the possibility of even…
By Rochdi RaisYellen Janet Warns Inflation Is “Unacceptably High” And Lowering Prices Is “Top Priority”
U.S. Treasury Secretary Janet Yellen has warned that inflation in the U.S. is “unacceptably high” and said that…
By Rochdi RaisRussia has ammo shortages from Ukraine’s Himars and MLRS hits on weapons depots
Ukraine is targeting Russian depots using US-supplied Himars missiles and British long-range MLRS weapons. And Vladimir Putin’s forces…
By Jackie AllenElectric Vehicle Startup Rivian IS Planning Hundreds Of Lay Offs, a Report Says
Electric vehicle startup Rivian Automotive is programming layoffs that could shrink its workforce by about 5% after the…
By Rochdi RaisHow Three Arrows Capital Went From Being Worth $10 Billion To $0 In 3 Months
Three months ago, Three Arrows Capital managed about $10 billion in assets, making it one of the largest…
By Rochdi RaisCryptocurrencies Should Be Regulated, Says Federal Reserve Vice Chair Lael Brainard
Federal Reserve Vice Chair Lael Brainard has joined the list of officials asking to regulate cryptocurrencies before the…
By Rochdi RaisElon Musk Wants To Cancel His $44 Billion Twitter Purchase Deal
Billionaire Elon Musk wants to terminate his $44 billion deal to buy Twitter, according to a letter sent…
By Rochdi Rais