Business

Gas-powered muscle cars drive into the sunset, turn electric

The Dodge Charger Daytona SRT Concept is shown. Gas-powered muscle cars will be closing in on their final Saturday-night cruises in the coming years as automakers begin replacing them with super-fast cars that run on batteries. (Stellantis via Associated Press) Estimated read time: 4-5 minutes PONTIAC, Mich. — Thundering gas-powered muscle cars, for decades a …

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‘Why can’t we get it through our thick skulls?’ America boosting oil and gas production is ‘not against’ climate change

JPMorgan CEO Jamie Dimon, pictured in November 2021, has spoken out on the bank’s need to harness big sets of data and artificial intelligence across units like asset management.REUTERS/Brian Snyder/File Photo JPMorgan CEO Jamie Dimon spoke to wealthy clients on a call Tuesday, Yahoo Finance reported. The call touched on various topics, including climate change …

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Dow futures rip higher by 400 points after lighter-than-expected inflation report

Cramer says we’ve hit peak inflation Wednesday’s July CPI report, which showed price increases slow, is a sign that the economy has hit peak inflation, according to Jim Cramer. “We obviously had peak inflation,” he told CNBC’s “Squawk on the Street” on Wednesday, noting that energy, travel and prices at the pump have continued to …

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How a 4-day workweek could benefit the environment

Comment on this story Comment Reducing the workweek to four days could have a climate benefit, advocates say. In addition to improving the well-being of workers, they say slashing working hours may reduce carbon emissions. It’s what you might call a “potential triple-dividend policy, so something that can benefit the economy, society and also the …

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Dow Jones Futures: Market Rally Resilient; Apple, Tesla, These 5 Chip Stocks Could Use This

Dow Jones futures will open on Sunday evening, along with S&P 500 futures and Nasdaq futures. The stock market rally had a generally a positive week, with the Nasdaq and small caps leading the way. X But with the major indexes at resistance levels following strong recent gains, the market rally showed resilience amid some …

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Dow Jones Futures: Apple Leads Risk-On Market Rally; Big Earnings Movers

Dow Jones futures edged higher Thursday morning, along with S&P 500 futures and Nasdaq futures, amid another busy night and morning of earnings. The stock market rally rose strongly on Wednesday, with tech titans charging higher. X Apple stock Amazon.com (AMZN), Microsoft (MSFT), Facebook parent Meta Platforms (META), Tesla (TSLA) and Google parent Alphabet (GOOGL) …

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Emerging markets hit by record streak of withdrawals by foreign investors

Foreign have pulled funds out of emerging markets for five straight months in the longest streak of withdrawals on record, highlighting how recession fears and rising interest rates are shaking developing growth investors. Cross-border outflows by international investors in EM stocks and domestic bonds reached $10.5bn this month according to provisional data compiled by the …

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