By Yifan Wang Chinese electric car maker Xpeng Inc. has cut prices for most of its vehicles by around 10%, joining other auto makers in lowering prices as competition heats Read more
Tag: Markets
U.S. import prices rise for first time in six months
The numbers: The cost of U.S. imported goods rose 0.4% in December to mark the first increase in six months, but there was little sign of intensifying inflationary pressures. Economists Read more
Why Thursday’s U.S. CPI report might kill stock market’s hope of inflation melting away
Investors should not have unrealistic expectations regarding the pace at which U.S. inflation subsides in 2023, analysts argue, ahead of Thursday’s consumer price index report for December which may test Read more
‘Markets are going to get rocked’ as Fed is likely to push rates higher, economist warns
The Federal Reserve is likely to raise interest rates more than the markets now expect, says Ricardo Reis, an economist at the London School of Economics. “Markets are going to Read more
What does the stock market’s rocky 2023 start mean for the rest of the year?
The first trading days of January loom large on Wall Street as being able to foretell the U.S. stock market’s direction for the full year. What does that mean for Read more
Here’s the next mega tech stock likely to fall into the bear market’s clutches, according to this chart
Last goal for 2022? Ending it. Stock markets would like to just get there without any more meaningful losses, says Navellier and Associate’s chairman and founder Louis Navellier, who adds Read more
Canada Producer Prices Slip in November
By Robb M. Stewart OTTAWA–Producer prices in Canada eased in November, led by energy products, and Canadian companies paid slightly less for raw materials. Statistics Canada’s industrial product price index Read more
Trendy Electronic Products in the B2B Markets
Due to the undeniable growth of science and technology, there has been a sudden spurt in the use of electronic products. The new generation finds it difficult to live their Read more
Dow closes off nearly 500 points as Fed speak, China worries rattle markets
U.S. stocks finished sharply lower on Monday as several senior Federal Reserve officials hurt demand for stocks with hawkish commentary, while worries about the burgeoning protest movement in China rippled Read more