Latest in Volkswagen's tepid sales, tougher competition and costly electric vehicle strategy have left its stock trading around 14 year lows, mirroring Germany's broader economic woes.
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Existing-home sales sink to a 14-year low, as home buyers pull back ahead of the November election
Existing-home sales fell to a rate of 3.84 million in September, the National Association of Realtors said.Business - MarketWatch - October 23 -
This stock-trading strategy can give you a win leading up to the presidential election
A plan to lock in a profit no matter how the S&P 500 reacts after Election Day.Business - MarketWatch - November 2 -
G.M.’s Electric Vehicle Sales Surge as Ford Loses Billions
Ford is struggling to make money on battery-powered models while General Motors, which started more slowly, says it is getting close to that goal.Business - The New York Times - October 30 -
For First Time in 87 Years, Volkswagen May Close 3 Plants in Germany
The automaker’s top employee representative told workers that management planned to shutter the factories to cut costs amid slumping sales.Top stories - The New York Times - October 28 -
Tesla shares soar more than 14% as Trump win is seen boosting Elon Musk's electric vehicle company
Shares of Tesla soared Wednesday as investors bet that the electric vehicle maker and its CEO Elon Musk will benefit from Donald Trump’s return to the White HouseTech - ABC News - 2 days ago -
14 earnings reports and major economic data will be the stock market movers this week
Look for updates on economic growth, inflation, and jobs. It's also the biggest week of earnings season.Business - CNBC - October 27 -
The EU is imposing duties on electric vehicles from China after trade talks fail
The European Union says it will impose duties on imports of electric vehicles from China on Wednesday after talks between Brussels and Beijing failed to find an amicable solution to their trade ...World - ABC News - October 30 -
The E.U. is imposing duties on electric vehicles from China after trade talks fail
The European Union is imposing duties on imports of electric vehicles from China starting Wednesday after talks between Brussels and Beijing failed.Top stories - NBC News - October 30 -
China files complaint at World Trade Organization over EU tariffs on Chinese electric vehicles
China has moved forward with a complaint at the World Trade Organization that alleges the European Union has improperly set anti-subsidy tariffs on new Chinese-made electric vehiclesWorld - ABC News - 5 days ago -
An electric hydrofoil ferry offers cleaner journeys among Stockholm's 14 islands
A high-tech electric ferry service has began operating in Stockholm, offering commuters a low-carbon way to zip through the waterways of the Swedish capital, which is built on 14 islandsWorld - ABC News - October 29 -
Tractor Supply Co. ekes out sales gain in ‘tepid’ demand environment
Tractor Supply Co.’s third-quarter sales fell slightly short of estimates on Thursday in a lackluster environment, but the rural lifestyle retailer raised the lower end of guidance ranges.Business - MarketWatch - October 24 -
EU drives through tariffs on Chinese electric vehicles
Levies totalling up to 45% needed to compensate for Beijing’s ‘injurious’ subsidies, says BrusselsBusiness - Financial Times - October 30 -
Trump Won. What Will Happen to Electric Vehicles?
Thanks to Elon Musk’s influence, the president-elect has waffled on the future of America’s electric transition.Tech - Wired - 2 days ago -
Will Musk Influence Trump on Climate Change and Electric Vehicles?
The Tesla billionaire is a key figure in the president-elect’s orbit. One question is whether his views on climate and clean energy will have any sway.World - The New York Times - Yesterday -
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This five-star fund’s formula rode Super Micro’s gain, while its disciplined strategy avoided the stock’s brutal decline
The Hennessy Cornerstone Growth Fund follows a highly rated strategy of selecting its entire portfolio from scratch once a year.Business - MarketWatch - October 19 -
Wall Street slumps as rates climb, and more negativity on the iPhone 16 emerges
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.Business - CNBC - October 23 -
Icahn Enterprises’ stock slides 14% as majority-owned CVR Energy suspends its dividend
Icahn Enterprises LP’s stock fell 4% early Tuesday, after CVR Energy Inc., in which it owns a 66% stake, said it would suspend its third-quarter dividend, as unplanned outages and a weak macro ...Business - MarketWatch - October 29 -
First-time home buyers’ share of home sales hits 43-year low, real-estate group says
It has never been this challenging to be a first-time home buyer.Business - MarketWatch - 4 days ago -
The highs and lows of the ‘Trump trade’
US stocks rallied after Donald Trump’s election victory, but inflation fears hang over bondsWorld - Financial Times - Yesterday -
UK’s Labour just unveiled its first budget in 14 years – what is in it and will it work?
Chancellor’s solutions to improving economy and public services will be a radical change for country. Britain’s new government delivered its first budget on Wednesday setting out its plans for ...World - The Guardian - October 30 -
Corporate Germany is on sale
German companies have become relatively small and relatively cheapWorld - Financial Times - October 18 -
Richemont Sales Fall as Luxury's China Woes Linger
The Cartier owner said weaker consumer spending in China hit sales as a luxury downturn that is hurting most of the players in the industry rumbles on.Business - The Wall Street Journal - Yesterday -
Volkswagen profit plunges 64% as China sales slide
Europe’s largest carmaker highlights ‘urgent need’ for cost reductions and efficiency gainsBusiness - Financial Times - October 30 -
Lumen reveals latest numbers around AI deals, and stock leaps higher
Lumen’s CFO says an additional $3.5 billion in AI business “really allows us to go after the capital structure and actually reduce debt.”Business - MarketWatch - 2 days ago -
The Volkswagen ID Buzz Is Finally in the US. We Took the Electric Microbus for a Drive
One of the most beloved vehicles of the 20th century returns as an electric family fun machine. The high price and the low range might raise some eyebrows, but this van delivers.Tech - Wired - October 21 -
Don’t sweat the closing bell. It’s easier than ever to trade stocks around the clock.
There’s been a recent push by different players in the financial industry to expand 24-hour trading.Business - MarketWatch - 5 days ago -
Why SoFi’s stock is on track for its highest close of the year
A new partnership helps validate SoFi’s underwriting model at a time some when investors are concerned about the lending business.Business - MarketWatch - October 14 -
Block offers a glimpse of what to expect next year, but its stock slides
The parent company of Square and the Cash App expects to keep expanding operating margins into 2025.Business - MarketWatch - Yesterday -
Stock Market Rallies to Its Best Week in Over a Year
President-elect Donald Trump’s win, coupled with a quarter-point interest rate cut from the Federal Reserve, pushed major stock indexes into record territory.Top stories - The New York Times - 22 hours ago -
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How Volkswagen Lost Its Way in China
A brutal price war, sudden shifts in consumer demand and human rights issues in Xinjiang have left VW stumbling in a market it led for 40 years.Business - The New York Times - October 31 -
Boeing Will Sell $19 Billion in Stock Amid Costly Strike
The aerospace company, locked in a standoff with striking workers, is seeking to shore up its balance sheet and avoid a credit rating downgrade.Business - The New York Times - October 29 -
England's defensive woes in loss to Germany raise alarm about Euros readiness
The Lionesses conceded four goals in a loss that forces England's coach to answer questions.Sports - ESPN - October 27