FOX Business23 hours agoTesla halts orders for $61,000 Cybertruck, cheapest version now $100,000FOX Business - Eric RevellTesla stopped taking orders for the cheapest model of its Cybertruck electric pickup, which was priced at $61,000. Now, its $100,000 version is the cheapest model available for order on the automaker's website. Consumers and investors have closely monitored the supply and demand of Tesla's …
FOX Business2 days agoStrive Asset Management is the face of non-woke investingFOX Business - David Unsworth , Kyle SchmidbauerCorporate America has increasingly been influenced by left-wing political movements, ESG-focused investing, DEI practices and stakeholder capitalism, all of which are costing Americans money, Matt Cole, CEO of Columbus, Ohio-based Strive Asset Management argues. The firm, originally founded by …
FOX Business2 days agoWall Street’s wild week — how it went, how it's goingFOX BusinessStocks end volatile week in choppy trading Job market tea leaves remain mixed Warren Buffett’s big money moves impact Apple and safer investments Trump takes on the Federal Reserve … again How big will the Fed’s first rate cut be? Investors weigh White House 2024 and Kamala Harris' VP pick, Tim Walz WILD …
FOX Business3 days agoParamount Global to lay off 15% of its US workforceFOX Business - Aislinn MurphyParamount Global will cut about 15% of its U.S.-based workforce, co-CEO Chris McCarthy said on Thursday. The media company disclosed its plans for the layoffs as it released its second-quarter financial results. McCarthy said the layoffs will be "primarily focused on two areas: first, redundant …
FOX Business3 days agoDow jumps 683 points, S&P and Nasdaq roar higher as recession fears easeFOX Business - Suzanne O'HalloranU.S. stocks rallied Thursday after a fresh read on jobless claims eased investor concerns about a looming recession and fueled what’s been a wild week for financial markets. The Nasdaq Composite, which recently fell into correction territory, rose nearly 3%, helped by Nvidia, Intel and Palantir …
FOX Business3 days agoNew Boeing CEO focused on restoring trust: 'We clearly have a lot of work to do'FOX Business - Breck DumasNew Boeing chief Kelly Ortberg took the helm of the embattled aerospace giant on Thursday, and began his first day on the job with a message to employees. In the memo shared with FOX Business, Ortberg told the workers "we clearly have a lot of work to do in restoring trust," and laid out his vision …
