That's right: A car company will no longer build any actual cars in the United States.
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Financial Markets Report - Transforming Money Into Wealth
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The Most Trusted Newswire on Finance and the Markets
Curated by
Enzo Calamo
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WASHINGTON – Federal regulators say risk remains heavy in large loans made by banks and other financial institutions, though lending standards have improved.
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WASHINGTON – American factories expanded for a fifth straight month in July, another sign that U.S. manufacturers are recovering from damage caused by a strong dollar. But a measure of factory employment fell.
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Would a cut in interest rates stimulate growth at the cost of increased inequality?
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A rescue deal for Banca Monte dei Paschi di Siena sends shares of the troubled lender rallying on Monday, but the wider Italian banking sector slumps after the release of mixed stress test results.
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Investors are certainly looking for something to light a fire under this market, considering the S&P 500 over the past 11 days has been stuck in the narrowest range in 45 years.
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The U.S. government’s attempt to alleviate the short supply of T-bills is about to get a little harder.
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The demand for ‘perfect’ fruit and vegetables means much is discarded, damaging the climate and leaving people hungry.
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From
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Sales of new cars fell by 0.8% in June compared to the same month a year earlier, the latest industry figures show.
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Weak second quarter earnings forecast slow growth for the year ahead.
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Output per capita will take a hit as workers older than 60 make up more of the labor force
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The dollar is set to fall 5 percent in the next few months, the Federal Reserve isn’t raising interest rates anytime soon and U.S. economic data is only going to get worse.
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Oil consumption in Saudi Arabia, the world’s biggest crude exporter, is expanding at the slowest pace in at least six years as low energy prices hurt economic growth.
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Investment cutbacks are a powerful force for change
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Donna Karan International is headed back to the United States. In a deal said to be worth $650 million, French luxury conglomerate, LVMH, agreed t
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The Fed has clearly looked into and confirmed the legality of negative interest rates. To John Mauldin, that's a clear sign they're preparing to use them.
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Citi's latest Disruptive Innovations report describes how China and Asia are growing centers of innovation.
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"The BOJ today offered markets a little appetizer, but the full menu of easing has been kept in the oven for another day."
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Americans are vastly better off than they were 8 years ago. But most are worried.
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Apparently, Amazon's Jeff Bezos is learning to love profits.
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Curated by Enzo Calamo
Enzo is the CEO of Lugen Family Office, CEO of Medici Family Office, a best selling author, and a social entrepreneur. Enzo is the most trusted Consigliere to several UHNW families and a sought after speaker.
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