Business
Tesla’s Price War Could Hit Its Profits
[ad_1] Electric vehicle leader Tesla is expected to report lower earnings on higher sales Wednesday evening after the electric vehicle maker slashed prices to…
Tag: Pricing/Prices
Breaking News
The surprise OPEC+ oil production cuts will increase gas prices — here’s how much
[ad_1] Surprise crude oil production cuts from Saudi Arabia and other oil-rich countries shouldn’t produce worries of skyrocketing gas costs for U.S. drivers still…
Breaking News
Inflation softens in February, PCE finds, and takes some pressure off Fed
[ad_1] The numbers: The cost of U.S. goods and services rose by a milder 0.3% in February, perhaps a sign the Federal Reserve’s fight…
Breaking News
U.S. economy speeds up in March, S&P finds, but so does inflation
[ad_1] The numbers: The U.S. economy accelerated in March, S&P Global surveys showed, but so did inflation as companies raised selling prices. The S&P…
Breaking News
Chinese EV maker Xpeng cuts prices after Tesla move
[ad_1] Chinese electric car maker Xpeng Inc. has cut prices for most of its vehicles by around 10%, joining other auto makers in lowering…
Breaking News
U.S. home prices fall for fourth month in October as high mortgage rates bite
[ad_1] The numbers: The S&P CoreLogic Case-Shiller 20-city house price index fell 0.5% in October, its fourth monthly decline. Year-over-year prices rose rose 8.6%,…
Business
Tesla Doubles Discounts on Model 3 and Model Y Vehicles
[ad_1] Tesla Doubles Discounts on Model 3 and Model Y Vehicles [ad_2] Source link
Breaking News
Canada Producer Prices Slip in November
[ad_1] By Robb M. Stewart OTTAWA–Producer prices in Canada eased in November, led by energy products, and Canadian companies paid slightly less for raw…
Business
The PC boom has gone bust, and we are about to see the results ahead of Black Friday
[ad_1] The pandemic-fueled personal-computer boom has ended, so how will that affect demand and pricing for PCs and the retailers that sell them this…
Breaking News
Black Friday surprise: Jeff Bezos tells people NOT to buy cars, refrigerators and other big-ticket items. Critics call him out.
[ad_1] Billionaire Jeff Bezos, who founded the e-retail behemoth Amazon, has some spending tips as Americans gear up for a holiday shopping season —…
Business
Oil Could Rise After Latest EU Sanctions on Russia. Why a Rally May Not Last.
[ad_1] The European Union’s ban on seaborne imports of Russian oil, along with the Group of Seven’s plan to cap prices of oil from…
Breaking News
U.K. inflation hit fresh four-decade high of 11.1% in October
[ad_1] U.K. inflation accelerated in October, reaching a fresh four-decade high, as higher wholesale energy prices fed through households’ utility bills. The U.K.’s Office…
Breaking News
France to Pay Part of Companies’ Electricity Bills
[ad_1] By Joshua Kirby The French government will cover a part of companies’ electricity bills, with big energy firms asked to contribute to the…
Breaking News
Mortgage industry group predicts recession next year, expects mortgage rates to come back down from 7%
[ad_1] NASHVILLE, Tenn. — A mortgage industry group is expecting a recession to hit the U.S. economy. “We’re forecasting a recession for next year,”…
Business
Kroger and Albertsons Say Their Merger Will Cut Prices. Their Shares Are Tumbling.
[ad_1] With inflation still an untamed threat, Friday’s announced merger of the grocers Kroger and Albertsons will spur debate about whether the consolidation will…
Breaking News
OPEC+ supply cut threatens to tip global economy into recession, IEA says
[ad_1] An oil supply cut from the Organization of the Petroleum Exporting Countries threatens to deepen a global energy crisis by sending oil prices…