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ECB's Knot says Italy is paying price for higher deficit
ECB's Knot says Italy is paying price for higher deficit
STRBSKE PLESO, Slovakia Italy is paying the price for raising its deficit targets via higher borrowing costs, European
2023-10-06 22:55
Russia lifts ban on most diesel exports
Russia lifts ban on most diesel exports
By Vladimir Soldatkin MOSCOW Russia's government said on Friday it had lifted a ban on pipeline diesel exports
2023-10-06 22:27
Car buyers can get their EV tax credits up front at the dealership starting in January
Car buyers can get their EV tax credits up front at the dealership starting in January
People shopping for electric vehicles starting next year will be able to get a $7,500 federal tax credit off the sticker price while at the dealership, rather than having to wait months to receive their tax returns.
2023-10-06 22:24
SoftBank’s Arm Faces Wall Street Scrutiny After Biggest US IPO Since 2021
SoftBank’s Arm Faces Wall Street Scrutiny After Biggest US IPO Since 2021
Major Wall Street bank analysts will begin weighing in on one of the most-watched initial public offerings in
2023-10-06 22:19
Eligible electric and plug-in vehicle buyers will get US tax credits immediately in 2024
Eligible electric and plug-in vehicle buyers will get US tax credits immediately in 2024
Starting next year, people who want to buy a new or used electric or plug-in hybrid vehicle will be able to get U.S. income tax credits at the time of purchase
2023-10-06 21:56
UAW strike decision day comes as bargaining heats up
UAW strike decision day comes as bargaining heats up
By Joseph White DETROIT United Auto Workers President Shawn Fain is scheduled to say later on Friday whether
2023-10-06 21:53
Auto workers worry it takes less labor to build electric cars. Maybe not, some researchers say
Auto workers worry it takes less labor to build electric cars. Maybe not, some researchers say
A traditional car engine is a complex wonder of engineering, with pistons moving up and down, springs compressing and decompressing, spinning shafts, opening and closing valves and spinning gears meshing together. That's not to mention a transmission, connecting the engine to the wheels, that's a complex machine all its own. An electric motor, on the other hand, is really just some magnets wrapped in wires and it only needs a single speed transmission. That simplicity worries the United Auto Workers union.
2023-10-06 21:52
Canada jobs, wage gains blow away expectations, up chances for rate hike
Canada jobs, wage gains blow away expectations, up chances for rate hike
By Ismail Shakil, Steve Scherer and Nivedita Balu OTTAWA (Reuters) -Canada's economy more than tripled expectations by adding 63,800 jobs
2023-10-06 21:51
Pioneer shares jump on merger talks with Exxon
Pioneer shares jump on merger talks with Exxon
Shares of Pioneer Natural Resources rose 10% in premarket trading on Friday following reports that top U.S. oil
2023-10-06 21:17
US job growth soared in September, adding 336,000 positions
US job growth soared in September, adding 336,000 positions
The US job market surged in September, adding more jobs than expected for the second consecutive month, according to data released Friday by the Bureau of Labor Statistics.
2023-10-06 20:47
US bond funds suffer outflows on rate worries; money market funds gain traction
US bond funds suffer outflows on rate worries; money market funds gain traction
U.S. bond funds saw significant outflows in the week ending Oct. 4, driven by concerns about prolonged elevated
2023-10-06 20:29
China's Golden Week holiday spending per capita surpasses 2019 levels
China's Golden Week holiday spending per capita surpasses 2019 levels
BEIJING Chinese holidaymakers' spending surged during this year's eight-day Golden Week holiday, beating pre-pandemic levels and potentially boosting
2023-10-06 20:20
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