JD.com shares rise slightly after announcing a $5 billion share buyback
JD.com has set up an innovative retail division to house its 7Fresh grocery store. Bloomberg | Bloomberg | Shares of a Chinese online retailer listed in Hong Kong JD.com rose…
Stock market rotation back? Also: The crowd scene in front of Costco’s new store in Japan
Each weekday, CNBC Investing Club with Jim Cramer publishes the Homestretch — an actionable afternoon update, just in time for the final hour of trading on Wall Street. Rotation Back:…
Increased demand for sausage could be a worrying signal for the economy
Palmer, Alaska. Meat counter with various sausages in a Fred Meyer grocery store, a branch of Kroger. Michael Siluk | Universal Images Group | Getty Images Rising demand for sausage…
Strategist: Recession in the US is imminent and “a few interest rate cuts” will not prevent it
An Aldi supermarket in Alhambra, California, USA, on Thursday, June 27, 2024. Eric Thayer | Bloomberg | Contrary to popular belief, investment research firm BCA Research believes that the economy…
Ford postpones new electric car plant and cancels production of electric SUV with three rows of seats
Ford Mustang Mach-E and F-150 Lightning will be exhibited at the New York International Auto Show on March 28, 2024. Danielle DeVries | DETROIT – Ford Motor Production at a…
USA and China sign agreement to cooperate on financial stability
A bank employee counts Chinese renminbi (RMB) or yuan bills next to U.S. dollar bills at a Kasikornbank in Bangkok, Thailand, January 26, 2023. Athit Perawongmetha | Reuters BEIJING –…
Cadillac unveils new high-performance electric car concept vehicle “Opulent Velocity”
Cadillac Opulent Velocity Concept Electrics Cadillac LOS ANGELES — General Motors A new all-electric Cadillac concept car was unveiled on Friday, offering a taste of how the automaker plans to…
Tax cuts, housing subsidies, more price caps
U.S. Vice President Kamala Harris delivers remarks on Medicare drug pricing negotiations at an event with U.S. President Joe Biden in Prince George’s County, Maryland, USA, August 15, 2024. Elizabeth…
Three-year inflation outlook hits record low in New York Fed consumer survey
People shop at a grocery store in Brooklyn in New York City on July 11, 2024. Spencer Platt | Consumer confidence that inflation will be less of a problem in…
