Of the numerous economic trends filling column inches over the last few years, few have gained as much traction as the “vibecession.” Coined by Kyla Scanlon in July 2022, the term refers to the phenomenon of people feeling “meh” about…
Wells Fargo is throwing in the towel on Tesla as headwinds for the Elon Musk-led company mount. Analyst Colin Langan downgraded the electric vehicle maker to underweight from equal weight. He also cut his price target to $125 from $200.…
Responding to a U.S. government audit, Boeing said Tuesday that it would work with employees found to have violated company manufacturing procedures to make sure they understand instructions for their jobs. The aircraft maker detailed its latest steps to correct lapses in…
Adidas shoes are displayed at a DSW store on January 31, 2024 in Novato, California. Justin Sullivan | Getty Images Adidas on Wednesday warned of a sales decline in its overstocked North American market in 2024, as the German sportswear…
Tesla and BYD surged to world-dominating heights thanks in part to China, the world’s largest EV market. But with the pace of Chinese growth slowing down, the two EV giants are now looking overseas for more growth opportunities. Tesla, which…
Philippine Department of Trade and Industry Secretary Alfredo Pascual (R) and US Commerce Secretary Gina Raimondo attend a press conference in the Philippines on March 11, 2024. Jam Sta Rosa | Afp | Getty Images Chinese electric cars can one…
Governments across Asia—in Singapore and Beijing, Tokyo and Seoul—are facing a crisis: plummeting birth rates. For several decades now, people in East Asian economies have had fewer and fewer children. Last year, South Korea beat its own record for having…
Euros, U.S. dollars, Canadian dollars, Russian rubles and Czech korunas lie on a table as banknotes. Picture Alliance | Picture Alliance | Getty Images As inflation loosens its grip in most economies, investors are closely monitoring interest rate decisions, with…
You might know him from his medication company Cost Plus Drugs or from previously owning the Dallas Mavericks. Otherwise you’re bound to know him from his deal-brokering on Shark Tank. But for many students, Mark Cuban is the reason why…
Larry Ellison, founder and former CEO of Oracle Inc. watches a training race from a motor boat ahead of the America’s Cup World Series sailing competition on the Great Sound in Hamilton, Bermuda, October 16, 2015. Mike Segar | Reuters…