Americans Turn Away from McDonald's and Starbucks After Price HikesAccording to a new analysis, recent inflation by major food and beverage franchises such as McDonald ...
U.S. Oil Reserves at Highest Since February, Prices RecoverOn the 2nd (local time), oil prices partially recovered losses after the US crude oil inventory significantly increased, boosting supply. July Brent crude traded at the $84 per barrel line, the lowest since mid-March, while West Texas Intermediate crude rose above $80. Commodity prices, including oil, became more attractive as the dollar value plummeted after […]
Elon Musk's China Gamble: Tesla's FSD Launch Sparks Stock Surge and SkepticismThe automotive industry and investors are focusing on news that U.S. electric car manufacturer Tesla has secured a basis for launching its Full Self-Driving (FSD) software in China. On April 29th, Tesla’s stock price closed at $194.05 per share, a 15.31% increase from the previous trading day. This is the most significant increase since March […]
US and Australia Struggle as China Cancels Wheat OrdersChicago wheat futures prices have fallen by 10% since the start of the yearChina cancels order for 504,000 tons of U.S. wheatFood Security Law to take effect in JunePressure to curb grain imports increases Wheat prices have plummeted as China, the world’s largest grain importer, recently canceled large wheat orders from the U.S. and Australia. […]
Inflation-Driven Gold Rush: Price per Ounce Breaches $2300 for the First TimeAs expectations grew that U.S. inflation would not easily slow down, the price of gold futures broke through $2300 per ounce for the first time on March 3rd. On this day, the closing price of gold futures for June delivery on the New York Mercantile Exchange recorded $2315.0 per ounce, up $33.2 (1.5%) from the […]
Cocoa Prices Hit Record High, Surpass Copper and BitcoinThe price of cocoa, the primary ingredient in chocolate, has reached an all-time high, surpassing the $9,000 mark for the first time. This surge is attributed to concerns of supply shortages due to reduced production caused by climate change. According to Bloomberg, on the 25th (local time), cocoa futures traded in New York closed at […]
Mondelez Resilient in Face of Price Hikes: Sales Stay StrongAmerican confectionery company Mondelez (MDLZ) continues to see steady sales despite price increases. Mondelez has implemented price hikes in key regions such as Europe and Latin America. However, the company is believed to be defending against a decrease in sales volume based on brand loyalty. “The company is proactively responding to offset the cost burden […]
Chinese Electric Cars Outperform US Competitors in SalesThe Financial Times reported that Mathias Miedreich, CEO of Belgian conglomerate Umicore, said that sales of Chinese-made electric vehicles outpace those from the U.S. because of their superior performance and better price. In the interview, he said that Chinese electric cars sell well because they are genuinely good, and it seems like American companies are […]
Investment Alert: Gold Prices Soar to Record Highs, Time to Buy In?Amid the gold price reaching an all-time high, experts have suggested increasing investments as the upward trend is expected to continue. Hwang Byung Jin, a researcher at NH Investment & Securities, stated in a report on the 11th, “As the tight monetary policy led by the U.S. Federal Reserve is nearing its end, the gold […]
'Black Swan' Director Takes on Elon Musk's Epic Tale in Upcoming BiopicA biopic on Elon Musk, Tesla CEO, is in the works, based on Walter Isaacson's biography, directed by Darren Aronofsky.
Volkswagen's Electric Game-Changer: Affordable Electric Car Set to Hit U.S. MarketVolkswagen plans to launch a sub-$35,000 electric vehicle in the U.S. within 3-4 years, exploring local battery sourcing for tax incentives.
Tesla Announces Price Hike for Model 3 and Model Y in ChinaTesla plans to increase prices of long-range Model 3 and Model Y in China on Nov 9, 2023, possibly to boost sales before the hike.
Samsung Heirs Dispose of $2.2 Billion in Stock to Cover Inheritance TaxSamsung owner family to sell $2.2 billion in stocks to pay $10.2 billion inheritance tax, including Samsung C&T shares.
Tesla's Market Capitalization Targets $4 Trillion, Elon Musk DeclaresElon Musk has stated that Tesla's value could reach $4 trillion, emphasizing that Tesla is more than just a car or battery company.
Shocking Decline: Elon Musk's X Loses $25 Billion in Value in Just a YearElon Musk's management of the social media platform X (formerly Twitter) led to a 55% value drop, now at $25 billion.
Hyundai Slashes Prices for IONIQ 5/6: Electric Car Deals Await U.S. Customers .
Electric Car Prices Drop, Now More Affordable for AmericansThe average price of battery-electric vehicles in the U.S. drops to $56,830, driven by Tesla's price reductions and an increase in sales.
5 Insider Secrets to Slash Your Airfare by Up to 12%Demand for international travel surges; discover five tips for securing up to 12% cheaper airfare for your next trip.
$470K Electric Super Coupé Going Viral Among the RichRolls-Royce's electric car Spectre wows with a 386 km driving range, stunning design, and strong Korean pre-orders.
Chevrolet Equinox EV: Changing the Game for Electric CarsChevrolet unveils 2024 Equinox EV with a 300-mile range, aiming for affordability at an estimated $30,000. U.S. launch set for this fall.
Americans Turn Away from McDonald's and Starbucks After Price Hikes According to a new analysis, recent inflation by major food and beverage franchises such as McDonald ...
U.S. Oil Reserves at Highest Since February, Prices Recover On the 2nd (local time), oil prices partially recovered losses after the US crude oil inventory significantly increased, boosting supply. July Brent crude traded at the $84 per barrel line, the lowest since mid-March, while West Texas Intermediate crude rose above $80. Commodity prices, including oil, became more attractive as the dollar value plummeted after […]
Elon Musk's China Gamble: Tesla's FSD Launch Sparks Stock Surge and Skepticism The automotive industry and investors are focusing on news that U.S. electric car manufacturer Tesla has secured a basis for launching its Full Self-Driving (FSD) software in China. On April 29th, Tesla’s stock price closed at $194.05 per share, a 15.31% increase from the previous trading day. This is the most significant increase since March […]
US and Australia Struggle as China Cancels Wheat Orders Chicago wheat futures prices have fallen by 10% since the start of the yearChina cancels order for 504,000 tons of U.S. wheatFood Security Law to take effect in JunePressure to curb grain imports increases Wheat prices have plummeted as China, the world’s largest grain importer, recently canceled large wheat orders from the U.S. and Australia. […]
Inflation-Driven Gold Rush: Price per Ounce Breaches $2300 for the First Time As expectations grew that U.S. inflation would not easily slow down, the price of gold futures broke through $2300 per ounce for the first time on March 3rd. On this day, the closing price of gold futures for June delivery on the New York Mercantile Exchange recorded $2315.0 per ounce, up $33.2 (1.5%) from the […]
Cocoa Prices Hit Record High, Surpass Copper and Bitcoin The price of cocoa, the primary ingredient in chocolate, has reached an all-time high, surpassing the $9,000 mark for the first time. This surge is attributed to concerns of supply shortages due to reduced production caused by climate change. According to Bloomberg, on the 25th (local time), cocoa futures traded in New York closed at […]
Mondelez Resilient in Face of Price Hikes: Sales Stay Strong American confectionery company Mondelez (MDLZ) continues to see steady sales despite price increases. Mondelez has implemented price hikes in key regions such as Europe and Latin America. However, the company is believed to be defending against a decrease in sales volume based on brand loyalty. “The company is proactively responding to offset the cost burden […]
Chinese Electric Cars Outperform US Competitors in Sales The Financial Times reported that Mathias Miedreich, CEO of Belgian conglomerate Umicore, said that sales of Chinese-made electric vehicles outpace those from the U.S. because of their superior performance and better price. In the interview, he said that Chinese electric cars sell well because they are genuinely good, and it seems like American companies are […]
Investment Alert: Gold Prices Soar to Record Highs, Time to Buy In? Amid the gold price reaching an all-time high, experts have suggested increasing investments as the upward trend is expected to continue. Hwang Byung Jin, a researcher at NH Investment & Securities, stated in a report on the 11th, “As the tight monetary policy led by the U.S. Federal Reserve is nearing its end, the gold […]
'Black Swan' Director Takes on Elon Musk's Epic Tale in Upcoming Biopic A biopic on Elon Musk, Tesla CEO, is in the works, based on Walter Isaacson's biography, directed by Darren Aronofsky.
Volkswagen's Electric Game-Changer: Affordable Electric Car Set to Hit U.S. Market Volkswagen plans to launch a sub-$35,000 electric vehicle in the U.S. within 3-4 years, exploring local battery sourcing for tax incentives.
Tesla Announces Price Hike for Model 3 and Model Y in China Tesla plans to increase prices of long-range Model 3 and Model Y in China on Nov 9, 2023, possibly to boost sales before the hike.
Samsung Heirs Dispose of $2.2 Billion in Stock to Cover Inheritance Tax Samsung owner family to sell $2.2 billion in stocks to pay $10.2 billion inheritance tax, including Samsung C&T shares.
Tesla's Market Capitalization Targets $4 Trillion, Elon Musk Declares Elon Musk has stated that Tesla's value could reach $4 trillion, emphasizing that Tesla is more than just a car or battery company.
Shocking Decline: Elon Musk's X Loses $25 Billion in Value in Just a Year Elon Musk's management of the social media platform X (formerly Twitter) led to a 55% value drop, now at $25 billion.
Hyundai Slashes Prices for IONIQ 5/6: Electric Car Deals Await U.S. Customers .
Electric Car Prices Drop, Now More Affordable for Americans The average price of battery-electric vehicles in the U.S. drops to $56,830, driven by Tesla's price reductions and an increase in sales.
5 Insider Secrets to Slash Your Airfare by Up to 12% Demand for international travel surges; discover five tips for securing up to 12% cheaper airfare for your next trip.
$470K Electric Super Coupé Going Viral Among the Rich Rolls-Royce's electric car Spectre wows with a 386 km driving range, stunning design, and strong Korean pre-orders.
Chevrolet Equinox EV: Changing the Game for Electric Cars Chevrolet unveils 2024 Equinox EV with a 300-mile range, aiming for affordability at an estimated $30,000. U.S. launch set for this fall.
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