Volkswagen Merges Charging, Fueling Services to Streamline Operations
The German car maker said it was merging Logpay Transport Services, a subsidiary of Volkswagen Financial Services, and the mobility service units of Volkswagen Group Charging. The combination will ...
Bond king Gundlach says investors have 'left the bus' as yields spike during Fed cuts. Here's his advice.
Bond king Gundlach says investors have 'left the bus' as yields spike during Fed cuts. Here's his advice. All is fairly calm ahead of what's being billed as the "most important inflation reading in ...
Germany's Economy Contracts for Second Straight Year as Tariff Threat Looms — 3rd Update
Economic output in Europe's largest economy fell 0.2% last year after it declined 0.3% in 2023, the first two-year contraction since 2003, according to Germany's federal statistics agency Destatis on ...
Simple 60/40 portfolio would've easily beaten hedge-fund returns last year
Even over 5 years - which includes 2022 when both stocks and bonds tumbled in value - the 60/40 strategy sees an average gain of 8%. Over five years, including 2022 when hedge funds lost just 4%, the ...
North American Morning Briefing: Investors Brace for Inflation Data, Bank Earnings
The Paris-based organization now forecasts global demand to grow by 1.05 million barrels a day in 2025 from 1.1 million barrels a day previously, reaching a total of 104 million barrels a day on ...
North American Morning Briefing: Investors Brace -2-
Franklin Resources Inc (BEN) is expected to report. HB Fuller Co (FUL) is expected to report $1.20 for 4Q. Home BancShares Inc (HOMB) is expected to report $0.51 for 4Q. JPMorgan Chase & Co (JPM) is ...
Capital One cheated customers out of $2 billion by keeping deposits in lower-yield accounts, CFPB says
Capital One Financial Corp. allegedly cheated customers out of $2 billion by keeping them in the dark about a savings program offering higher interest rates on their deposits, the Consumer Financial ...
What's the best way to convince 20-year-olds to save for retirement?
Another effective proposal: Get them to start small but sign up for auto-escalation, which will increase their contributions typically by 1% a year. By the time they are old enough to appreciate the ...
3 Large-Cap Funds That Look Risky Despite Strong Gains and Solid Management
US large-cap funds enjoyed another bountiful year in 2024. The typical fund in the large-growth Morningstar Category returned ...
China's Regional Growth Targets Could Signal Lofty National Aim for 2025
The metropolises of Beijing, Shanghai and Tianjin, and the southern manufacturing hub of Guangdong are all aiming for economic growth of about 5% in 2025, while the coastal province of Zhejiang and ...
TikTok is the last thing Elon Musk needs right now
Tesla (TSLA) investors have been down this road before. In 2022, when Musk acquired Twitter (now X) for $44 billion, Tesla shares suffered their worst year ever, falling 65% - including about a 30% ...
Yellen says U.S. could've kept inflation stable - if it threw up to 15 million people out of work
Instead, the U.S. enjoyed real GDP growth - that is, growth excluding inflation - of 11.5% from the end of 2019 to the third quarter of 2024. By contrast, Canada grew 7.3% over that period, and Italy ...