Lucid CEO says Wall Street misinterpreted $1.75 billion capital raise
Peter Rawlinson said the raise was a timely, strategic business decision to ensure the EV maker has enough capital for…
Category: Economy
Trump tax plans could exempt 93 million Americans from income taxes
Even if Donald Trump wins the November election against Vice President Kamala Harris, his tax overhaul will require a friendly…
Here are the 5 things that could move the stock market in the week ahead
Earnings drove the stock market higher — can they do it again in the next week? ...
Here’s why inflation may look like it’s easing but is still a huge problem
By nearly every barometer, inflation is still well above where most Americans, and in fact some Fed officials, feel comfortable.…
Boeing machinists to vote on new proposal with 35% raises that could end strike
The IAM will vote Wednesday on the new proposal which includes 35% wage increases over four years, a higher signing…
Elliott, Southwest in early settlement talks for significant board representation, sources say
Southwest reports third quarter results before the market opens on Thursday. ...
Elections, hurricane damage and more: Here are four factors that will shape holiday shoppers’ purchases
A deal-hunting mindset, volatile weather and election distraction could influence holiday spending this year. ...
U.S. deficit tops $1.8 trillion in 2024 as interest on debt surpasses trillion-dollar mark
The shortfall was more than 8% from the previous year and the third highest on record, the Treasury Department said…
Port of Los Angeles freight rail delays reach two-year high, with holiday and everyday items piling up
Record September imports at the Port of Los Angeles driven by the East Coast strike have led to two-year high…