Latest in Motor Finance Disarray
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Paris Motor Show opens during a brewing EV trade war between the EU and China
Auto manufacturers competing to persuade drivers to go electric are rolling out cheaper, more tech-rich models at the Paris Motor ShowWorld - ABC News - October 14 -
How to watch Sunday's NASCAR Cup Round of 8 playoff race at Las Vegas Motor Speedway
Sunday's race marks the first chance for a playoff driver to secure a spot in next month's title race at Phoenix.Sports - Yahoo Sports - October 18 -
Hyundai Motor India's shares drop 7% on trading debut after record IPO
Hyundai Motor India shares fell 7% on their trading debut Tuesday after a record $3.3 billion initial public offering.Business - CNBC - October 22 -
GM stock has best day since 2020 after automaker tops Wall Street's third-quarter expectations, raises guidance
GM's quarterly report comes just two weeks after an investor day in which the company indicated its earnings strength is expected to continue into next year.Business - CNBC - October 22 -
General Motors’ stock jumps after big profit beat, progress on EV profits
GM’s stock rallies toward a multiyear high after profit beat by a wide margin and the full-year outlook was raised.Business - MarketWatch - October 22 -
How to watch Dale Earnhardt Jr. race the No. 8 Budweiser Late Model at Florence Motor Speedway
Dale Earnhardt Jr. is set to race the No. 8 Budweiser Chevrolet. Yes, the year is 2024. No, this is not a drill. JR Motorsports announced Earnhardt, 50, will run the iconic Bud King of Beers paint ...Sports - Yahoo Sports - October 22 -
Ford guides to low end of 2024 earnings forecast as it slightly tops Wall Street's third-quarter expectations
Ford guides to low end of 2024 earnings forecast as it slightly tops Wall Street's Q3 expectationsBusiness - CNBC - October 29 -
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China's Ministry of Finance is taking aim at local debt problems before tackling broader economic challenges
In his opening remarks on Saturday, Minister of Finance Lan Fo'an laid out four measures, starting with increasing support for local governments in resolving debt risks.Business - CNBC - October 14 -
‘They are ruining my life’: how the shadowy world of debt collection can wreck your finances
A stranger’s bill can be passed, in your name, down a chain of companies until it reaches the courts without you knowing anything about it. The result can be catastrophic. James Barnett and his ...World - The Guardian - October 14 -
U.S. crude oil prices fall more than 2% after OPEC cuts demand forecast again
Soft demand in China has weighed on the market for months.Business - CNBC - October 14 -
China to boost financing for approved housing projects to $560 billion to counter property slump
China has announced it will expand the amount of financing available for housing projects on a “white list” to 4 trillion yuan ($562 billion), seeking to reverse a slump in the property industryWorld - ABC News - October 17 -
Blasts heard across Beirut after Israel warns it will hit Hezbollah-linked finance group
Hundreds evacuate after Israeli military says it will strike areas linked to Al-Qard Al-Hassan association, a US-sanctioned banking system. See all our Middle East coverage Hundreds of Beirut ...World - The Guardian - October 21 -
AI search start-up Perplexity targets $8bn valuation in new funding round
Investor frenzy over artificial intelligence continues after OpenAI valued at $150bn in latest fundraisingBusiness - Financial Times - October 21 -
Why abortion access is a personal finance issue, says demographer who studies the effects of unwanted pregnancy
Diana Greene Foster, a professor at the University of California San Francisco, led a landmark study that tracked 1,000 women over a five-year period.Business - CNBC - October 21 -
What Is Al-Qard al-Hasan, the Hezbollah-Linked Finance Group Targeted by Israel?
The de facto bank is the largest microcredit organization in a country where the traditional banking sector is in shambles.World - The New York Times - October 22 -
Trump tariffs likely to lead to higher U.S. interest rates, head of Institute of International Finance says
"The assumption is you'll have higher inflation, higher interest rates than you would have in the absence of those tariffs," said IIF CEO Tim Adams.Business - CNBC - October 23 -
‘I’m convinced the U.S. will be drawn into World War III’: How do I prepare my finances?
“I believe this to be a legitimate concern. I would prefer a politically neutral answer.”Business - MarketWatch - October 26 -
Banks warn UK Treasury of risk of sector turmoil after car finance ruling
Lenders meet government officials and regulators over fallout from court judgment on ‘secret’ auto loan commissionsBusiness - Financial Times - October 29 -
Sovereign debt is the biggest risk to global growth in 2025, Saudi finance minister says
Global public debt hit a record $97 trillion in 2023, prompting the UN to call for urgent reforms for governments and financial systems around the world.Business - CNBC - 6 days ago -
Dutch junior finance minister quits after questions over his personal investments
The Dutch junior minister for finance has quit following criticism of his refusal to publish details of his personal investmentsWorld - ABC News - 4 days ago -
UN summit agrees deal on genetic data but fails on wider finance to protect nature
Pharma and agritech groups among those expected to make payments for information drawn from the living worldBusiness - Financial Times - 3 days ago -
Crypto's $245 million campaign finance operation filled airwaves with ads not about crypto
The crypto sector emerged as a top donor this election cycle, but the ads it funded weren't about digital currencies.Business - CNBC - 10 hours ago -
Bangladesh’s leader says ‘no place’ for Sheikh Hasina’s ‘fascist’ party
Muhammad Yunus says will not seek exiled leader’s extradition from India before domestic tribunal’s verdictWorld - Financial Times - October 30 -
Hospitals in firing line of forgotten war
Sudan’s brutal civil war is taking a devastating toll on the country’s health facilitiesWorld - Financial Times - October 30 -
Why EU defence and security policy will stay in the hands of capitals
Also in this newsletter: wading into France’s budget messWorld - Financial Times - October 30 -
My husband died and now I need to take over the family finances. Should I hire the adviser who brings cookies and wants me to buy an annuity?
When you’re shopping for an adviser, you should look for someone you feel comfortable with — but that’s just the startBusiness - MarketWatch - Yesterday