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Tesla reportedly halts Cybertruck deliveries as customers cite issue with accelerator pedal

Apr 16, 2024 6:49 pm

According to mulitple reports on social media, Tesla customers have received messages that their Cybertrucks won't be available for delivery until after April 20 due to "unexpected delays."

Morgan Stanley stock soars after blowout first-quarter earnings under new CEO Ted Pick

Apr 16, 2024 6:28 pm

Investors on Wall Street were bullish on Morgan Stanley after the banking giant reported first-quarter profits that blew away analyst forecasts.

NYC saw ?tech talent boom? as top destination for relocating workers in 2023: study

Apr 16, 2024 6:13 pm

The Big Apple posted a 3.6% net gain in tech talent, meaning more workers relocated to the city than left to pursue opportunities, the analysis showed.

Jerome Powell warns Fed needs more time to battle stubborn inflation, likely delaying rate cuts

Apr 16, 2024 6:06 pm

"The recent data have clearly not given us greater confidence, and instead indicate that it's likely to take longer than expected to achieve that confidence," Powell said.

How California fast food restaurants raised menu prices in response to $20 minimum wage

Apr 16, 2024 5:06 pm

Wendy's raised menu prices by around 8% while Chipotle Mexican Grill hiked its prices by approximately 7.5%, according to Kalinowski Equity Research.

Gold shining ?bright like a diamond,? could reach $3K per ounce, Citi says

Apr 16, 2024 4:37 pm

A recent gold rally could see the precious metal possibly topping $3,000 per ounce in the next six to 18 months, according to Citigroup analysts.

IMF slams Biden spending as US debt balloons past $34 trillion: ?Something will have to give?

Apr 16, 2024 4:26 pm

The IMF noted in its forecast that the US federal budget deficit grew from $1.4 trillion in fiscal 2022 to $1.7 trillion last year.

Apr 16, 2024 3:55 pm

US single-family homebuilding tumbled in March, and while new construction remains underpinned by a severe shortage of previously owned houses for sale, a resurgence in mortgage rates is pushing poten...

Disney to overhaul its money-losing Disney+ streaming service with new TV channels

Apr 16, 2024 3:05 pm

Disney wants Disney+ users to remain on the platform instead of clicking over to other streaming options.

Congressional panels that slashed DOJ antitrust funds have cozy Big Tech ties: watchdogs

Apr 16, 2024 2:23 pm

Last month, Congressional appropriators faced sharp criticism from antitrust hawks after a spending package included $45 million cut to the DOJ's antitrust wing.