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Tag: Markets

Why the value meal is making a comeback

With fast-food customers revolting over higher prices, chains like McDonald's, Burger King and Wendy's are bringing back the value meal.Nearly 80% of Americans...

Libya’s power divisions could once more fracture its oil output – as markets question for how long

Crude oil leaks from an oil pumping jack in an oil field in Russia.Bloomberg Creative | Bloomberg Creative Photos | Getty ImagesA political...

Goldman issues warning on how quickly market confidence has recovered from an August stocks slump

Traders work on the floor of the New York Stock Exchange during morning trading on Aug. 23, 2024.Angela Weiss | AFP | Getty...

U.S. government researchers visit a Korean mine as the race against China for critical minerals heats up

Workers in July 2019 expand a mine in Germany intended to increase supplies of tungsten and fluorspar. Picture Alliance | Picture Alliance | Getty...

Treasury yields mixed as investors look ahead to U.S. inflation data

The U.S. 10-year Treasury dipped on Wednesday as investors awaited a key U.S. inflation report due later in the week.At 5:00 a.m. ET,...

Chinese EV company Xpeng sees shares pop 6% after it launches mass-market car

He Xiaopeng, founder of Chinese EV company Xpeng, said on Aug. 27 that the startup's next ten years will focus on integrating artificial...

Cryptocurrencies tumble amid a wave of long liquidations, bitcoin falls under $60,000

Cryptocurrencies fell Tuesday evening as Asia futures pointed lower, triggering a wave of liquidations on the Bybit exchange.The price of bitcoin was last...

Asia-Pacific markets set for lower open ahead of Australia’s inflation numbers

The Melbourne skyline is reflected in the Maribyrnong River in the early morning light on April 18, 2023.William West | AFP | Getty...

Xpeng releases mass-market EV with basic driver-assist for less than $20,000

Chinese electric car company Xpeng displays its mass-market Mona M03 coupe inside a headquarters' showroom in Guangzhou, China, on Aug. 26, 2024.CNBC |...

Copper prices near six-week high as one strategist says the ‘worst of the correction is over’

Copper plates on wagons ready for onward shipping at the Mufulira refinery, operated by Mopani Copper Mines Plc, in Mufulira, Zambia, on Friday,...

10-year Treasury yield rises as investors weigh likelihood of U.S. interest rate cut

The U.S. 10-year Treasury rose on Tuesday as investors monitored fresh economic data after the Federal Reserve boosted already high expectations for imminent...

Volkswagen China is spending lots of time at Xpeng to make new EVs

Top Volkswagen and Xpeng executives pose at the German automaker's launch event in Beijing, China, on Aug. 24, 2024.Bloomberg | Bloomberg | Getty...

Europe markets rise as investors weigh economic, geopolitical outlook; UK markets reopen

The lights of Frankfurt am Main's banking skyline glow in the last light of day.Boris Roessler | Picture Alliance | Getty ImagesLONDON —...

Shares of Temu parent company PDD plunges almost 29%; ‘too large a correction’, says analyst

Jakub Porzycki | Nurphoto | Getty ImagesThe nearly 30% drop in shares of Chinese online retailer PDD Holdings is "too much of a...

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