Volkswagen Plans 50,000 Job Cuts Amid Diesel Price Surge
Volkswagen's board approves a plan for 50,000 layoffs as US retail diesel prices hit a record high, raising concerns over inflation and energy costs.
Volkswagen's board approves a plan for 50,000 layoffs as US retail diesel prices hit a record high, raising concerns over inflation and energy costs.
Increasing Treasury yields and a possible Fed rate hike may destabilize utilities, traditionally viewed as a safe sector in the stock market.
US equity futures remain stable ahead of the August jobs report, while retail diesel prices hit a record high amid ongoing market tensions.
In a recent podcast, SEC Chair Gary Gensler explores the commission's role in balancing investor protection, capital formation, and market efficiency.
A new analysis reveals a global REIT with a 4.3% dividend yield, outperforming SCHH in returns and cost efficiency, appealing to income-focused investors.
The Russell 2000 has seen a 30.9% return over the past year, while the S&P Mid-Cap 400 offers lower costs and volatility. Which ETF suits your needs?
The REC in India is seeking bids for tokenized bonds worth up to 5 billion rupees, aiming to enhance efficiency in institutional debt markets.
A historic meeting between a Chinese general and the US Indo-Pacific commander could ease tensions and influence US-China relations and Taiwan's security.
US Vice President JD Vance supports lowering interest rates to enhance home ownership affordability, as discussed on Bloomberg Television.
The US jobs report for August 2026 reveals key employment and payroll trends, impacting economic outlook and market sentiment.
The IMF states that El Salvador has not utilized public funds for Bitcoin accumulation since June 2025, relying instead on private donations.
US diesel prices have surged to a record high, driven by the Iran war, intensifying inflationary pressures as the midterm elections approach.
Centerra Gold Inc's shares have exceeded the average analyst target of $22.30, trading at $23.04, prompting potential analyst reactions.
US Treasuries showed minor fluctuations as investors anticipate a crucial jobs report that may influence the Federal Reserve's interest rate decisions.
US Treasury yields showed minor fluctuations as investors await crucial jobs data that could influence the Federal Reserve's interest rate decisions.
The World Bank warns Zimbabwe against hastily adopting the ZiG as the only currency, citing potential risks of capital flight from the economy.
Binance has listed MarsCoin, marking its first memecoin spot listing in a year, potentially reshaping token entry processes amid speculative trading.
Crypto firms are urging the SEC to expedite ETF reviews and permit confidential draft filings, despite concerns from Jane Street and Charles Schwab about
Trezor reveals that 67,000 more US customers are impacted by the ShipMonk data breach, emphasizing the need for improved data security measures.
Mitsui OSK Lines predicts shipping disruptions in the Strait of Hormuz will last into 2027 due to escalating hostilities, impacting oil flow recovery.