Month: June 2024
Nvidia’s 50 percent-a-trillion greenback wipeout leaves international chip shares unstable
The symbol of Nvidia Company is noticed all through the yearly Computex laptop or computer exhibition in Taipei, Taiwan, Could 30, 2017. Tyrone Siu | Reuters World wide semiconductor stocks noticed unstable buying and selling on Tuesday just after a slump in shares of Nvidia in the course of the previous session. Shares of chip […]
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Here’s how bad housing affordability is now
Home prices set another record high in April, even as mortgage rates rose and the supply of homes for sale increased. Usually, under those circumstances, prices would weaken, but today’s housing market is unlike any other in recent history. Prices in April rose 6.3% compared with April 2023, according to the S&P CoreLogic Case-Shiller National […]
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Trump Media shares rise on significant quantity, as DJT rallies soon after important sell off
Sopa Pictures | Lightrocket | Getty Photos Shares of Trump Media shot up as substantially as 11% as marketplaces opened Tuesday, clawing back again a lot more of the Reality Social maker’s losses that adopted former President Donald Trump’s legal conviction in New York. The upward swing movement displays the makings of a third straight […]
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German airline Lufthansa hikes ticket prices by up to $77 due to environmental costs
An Airbus A340-300 and an Airbus A 321-100 belonging to Lufthansa are parked on the airport apron. Helmut Fricke | Picture Alliance | Getty Images German airline firm Lufthansa Group said Tuesday that it would add an “environmental cost surcharge” to ticket prices as soon as this week, which could be as high as 72 […]
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Amazon says Prime Day will run July 16 and 17
An Amazon contract worker pulls a cart of packages for delivery in New York, US, on Monday, April 22, 2024. Angus Mordant | Bloomberg | Getty Images Amazon‘s Prime Day mega sale event will return on July 16 and 17, the company announced Tuesday. Like in previous years, Amazon said the event will feature millions […]
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VW updates 2025 Jetta to boost sales of the brand’s entry-level car
Volkswagen on Tuesday announced updates for its 2025 Jetta sedan to boost sales amid industry-wide affordability concerns. The entry-level version of the Jetta with an automatic transmission will start at $21,995 when it goes on sale, expected by the end of the third quarter, the company said. That model will replace the current lower-priced model […]
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Pictures show police clashing with anti-tax protesters in Kenya’s capital
Photographs and news agency reports showed protesters clashing in the streets of Kenyan capital Nairobi on Tuesday, as the African state passed a controversial finance bill set to raise national taxes. Earlier in the day, the Kenyan parliament announced it had passed a second reading of the contentious Finance Bill 2024 — which sets out […]
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Starbucks debuts fruity energy drink less than two months after Panera discontinues highly caffeinated Charged Lemonade
Starbucks on Tuesday launched a drink at stores nationwide called Iced Energy, which has up to 205 milligrams of caffeine in it — about the same amount as six cans of Coke. The fruity energy drink debuts less than two months after bakery-cafe chain Panera Bread announced it was discontinuing its controversial Charged Lemonade, a beverage […]
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Fewer Americans are buying life insurance. Here’s when you might need it
Key Points Fewer U.S. households have bought life insurance in recent decades. Life insurance policies pay a death benefit, generally tax-free, to beneficiaries when a policyholder dies. Getting married, having kids and buying a home are common triggers for a purchase. Term life insurance policies rather than permanent policies (like whole or universal life) tend […]
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Airbus shares fall 12% as company cuts 2024 guidance on targets, deliveries
A Lufthansa Airbus A340-313 aircraft taxis at Los Angeles International Airport before departing for Frankfurt on May 5, 2024 in Los Angeles, California. Kevin Carter | Getty Images News | Getty Images Shares in Airbus fell by close to 12% on Tuesday after the company said it was cutting its targets for 2024, including aircraft […]
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