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I rate Panasonic Holdings Corporation (OTCPK:PCRFF) (OTCPK:PCRHY) [6752:JP] stock as a Hold. My rating for Panasonic is lowered from a Buy previously to a Hold now, as the company’s Electric Vehicle or EV battery business’ growth outlook has become less favorable. I have stopped short of assigning a Sell rating…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Sir Keir Starmer kicked off efforts to agree a new treaty with Germany as he held talks in Berlin with Chancellor Olaf Scholz as part of his bid to reset Britain’s ties…

By Lucy Lazarony, Next Avenue Many Americans in their 50s don’t have nearly enough savings set aside for retirement. How bad is the shortfall? According to Prudential’s 2024 Pulse of the American Retiree survey, with just a decade until the traditional retirement age, 55-year-old Americans have less than $50,000 in…

Mortgage rates fell sharply this week to the lowest level in more than a year, igniting a boost in demand in the housing market. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed that the average rate on the benchmark 30-year fixed mortgage dropped to 6.47% this week from 6.73%…

Check out the companies making headlines before the bell. Paramount Global — The media conglomerate’s stock dropped nearly 5% after Edgar Bronfman Jr. withdrew his bid for the media company. This clears a path for Skydance Media to take over Shari Redstone’s media empire. Paramount expects the deal with Skydance…

When it comes to investing, it’s imperative to see companies for what they truly are. Back in 2020, amid a notable rise in the global interest in sustainable energy solutions, I thought Exxon Mobil Corporation (NYSE:XOM) should be accepted for what it truly is, a great investment candidate for income…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.UK Prime Minister Sir Keir Starmer has warned that the autumn Budget is “going to be painful”, in his strongest hint yet that the Labour government will raise taxes in October.In a…

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