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By Victoria Waldersee BERLIN (Reuters) -Tesla will hire fewer temporary workers at its plant outside Berlin than it did in its ramp-up phase and refrain from Saturday shifts, but it is still on track to achieve its production targets, the company said on Thursday. The comments followed a report by…
Key News Asian equities were mixed overnight on light volumes. Mainland China and Hong Kong were down as investors punted shares in advance of China’s two-day holiday and Hong Kong’s holiday tomorrow though Friday volumes will be absurdly light. We should not read too much into the market’s action due…
Trailing-twelve-month (TTM) return on invested capital (ROIC) for the S&P 500 fell quarter-over-quarter (QoQ) in 1Q23. Over the last several quarters, I am seeing a clear trend that ROIC has maxed out. After a small rise, the small decline this quarter suggests that the corporate part of the economy is…
Ask almost anyone on the street and they will tell you that owning your home is a guaranteed winning investment but I argue the answer isn’t so simple. I bought my first home when I was just 25 in the midst of what was a housing bubble back in the…
Woodstock Ranch in Santa Ynez, California, is a private equestrian community offering peaceful country living within some 2,400 acres. Old-growth oak trees dot hillsides green from the winter rains. Spring brings bright patches of wildflowers. Cattle meander lazily in the summer sun. For some homeowners, whose parcels range from about…
Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as “Credible” below, is to give you the tools and confidence you need to improve your finances. Although we do promote products from our partner lenders who compensate us for our services, all opinions are our own. During…
The U.S. government is approving lab-grown meat sales to the public for the first time. “Cultivated” meat producers UPSIDE Foods and GOOD Meat received approval from the Department of Agriculture (USDA) on Wednesday to begin commercially selling their chicken products.”THE DAY HAS FINALLY ARRIVED!” UPSIDE Foods wrote Wednesday on social…
Let it be known: The leader of the U.S. Federal Reserve, the most important central bank in the world, is a Deadhead.No one is ever likely to confuse Jerome Powell with Jerry Garcia, but the policymaker apparently likes to stop and smell the “Scarlet Begonias” when he can.Indeed, Powell was…
It’s been an up-and-down day for Club name Amazon (AMZN), which led to an internal discussion about whether to book some profits after this year’s run higher. As Amazon came out of the gate stronger on a positive Wall Street research note, Jim Cramer said during Wednesday’s Morning Meeting that…
Stockton Rush, the CEO of OceanGate and one of five people on the submersible missing in the North Atlantic, has cultivated a reputation as a kind of modern-day Jacques Cousteau — a nature lover, adventurer and visionary. Rush has approached his dream of deep-sea exploration with child-like verve and an…