General Motors Co. will halt production at several North American factories and extend shutdowns at others, according to the Wall Street Journal. The decision reflects worsening chip shortage for U.S…
U.K Construction Total Activity Index hit 61.7 in March, up from 53.3 in February, according to IHS Markit press release. The index signaled the strongest rate of construction output growth…
U.S. consumer credit rose 7.9% on an annualized basis in February, according to the Federal Reserve press release. Total credit jumped $27.6 billion from January, the largest gain since November…
U.S jobless claims totaled 744,000 for the week ending April 3, a 16,000 jump from the previous level, according to the Department of Labor press release. The claims were higher…
One ARK Innovation ETF bought 1,045,600 shares of Palantir Technologies Inc. on Wednesday, according to Wallst.com. The purchase would have been valued at roughly $23.9 million as of Wednesday’s closing…
The U.K’s vaccines advisory body has ruled that AstraZeneca’s Covid-19 vaccine should preferably not be given to people under 30 years, according to the Wall Street Journal. The advisory follows…
About 55% voter turnout was recorded in the closely watched Amazon.com Inc. union election in Alabama, according to Reuters. The public vote tally is expected to start as early as…
Shares of the International Holdings Co. PJSC have jumped more than 70% since March 22, according to Bloomberg. The 13-day uninterrupted rally has now propelled the company's value past the…
PayPal co-founder and venture capitalist Peter Thiel says China could use bitcoin as a financial weapon against the U.S, according to Decrypt. As bitcoin becomes a functional reserve currency, the…
Goldman Sachs on Tuesday lowered India’s growth forecast for April-June quarter from 33.4% year-on-year to 31.3%, according to CNBC. The investment bank cited lower consumption and services activity due to…
JPMorgan CEO Jamie Dimon is optimistic the pandemic will end with a U.S economic rebound that could last at least two years, according to Bloomberg. Excess savings, new stimulus, huge…
Royal Dutch Shell Plc expects to make the first profit from pumping oil since the start of the pandemic, according to Bloomberg. Shell's upstream unit, which largely handles crude exploration…