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Category: Economy

Department of Energy.  It turned down a 0 million grant to the battery maker after criticism from the Republican Party over alleged ties to China
Economy

Department of Energy. It turned down a $200 million grant to the battery maker after criticism from the Republican Party over alleged ties to China

Pamela LoweMay 24, 2023

The Biden administration canceled plans for a $200 million grant to a US battery maker amid criticism from Republican lawmakers…

There is more work ahead to control inflation
Economy

There is more work ahead to control inflation

Pamela LoweMay 23, 2023

Former Federal Reserve Chairman Ben Bernanke believes central bankers still have work to do to tame inflation. A paper by…

Yelp, AutoZone, Lowe’s, Dick’s Sporting Goods, and more
Economy

Yelp, AutoZone, Lowe’s, Dick’s Sporting Goods, and more

Pamela LoweMay 23, 2023

Cars are seen parked in front of Dick’s Sporting Goods store at Monroe Marketplace in Pennsylvania. Paul Weaver | SOPA…

Silicon Valley selected for  billion chip research center
Economy

Silicon Valley selected for $4 billion chip research center

Pamela LoweMay 23, 2023

Silicon Valley gets its name from computer chips, but it no longer plays a central role in shaping how they…

S&P 500 to close little changed Monday as pivotal debt ceiling meeting looms: Live updates
Economy

S&P 500 to close little changed Monday as pivotal debt ceiling meeting looms: Live updates

Pamela LoweMay 22, 2023

The S&P 500 ended little changed on Monday as Wall Street awaited a pivotal debt ceiling meeting and government officials…

Ford announces Ma’aden electric vehicle deals ahead of Capital Markets Day
Economy

Ford announces Ma’aden electric vehicle deals ahead of Capital Markets Day

Pamela LoweMay 22, 2023

Ford Motor Company on Monday announced a series of new deals to supply lithium products to support its plan to…

The worst-performing stock market in Southeast Asia is UBS’ Top Pick
Economy

The worst-performing stock market in Southeast Asia is UBS’ Top Pick

Pamela LoweMay 22, 2023

There is optimism about the prospects for Thai stocks, Thai told CNBC, but the election could be a “potential game-changer.”…

Wife discovers husband’s stash of bitcoin amid divorce proceedings
Economy

Wife discovers husband’s stash of bitcoin amid divorce proceedings

Pamela LoweMay 21, 2023

A New York couple’s divorce proceedings took a turn after a forensic accountant helped track down the husband’s stash of…

Steer the der cranes after winning profits.  Why DE Stock fell.
Economy

Steer the der cranes after winning profits. Why DE Stock fell.

Pamela LoweMay 19, 2023

monastery (DE) headed higher for fiscal 2023 early on Friday, after easily beating second-quarter earnings estimates due to healthy demand…

Fed may have to defy market expectations and raise rates: economist
Economy

Fed may have to defy market expectations and raise rates: economist

Pamela LoweMay 19, 2023

Having risen by 25 basis points to move the federal funds rate to the target range of 5%-5.25% earlier this…

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