Stocks closed up for the week on Friday, marking the first time since October the three major indexes saw consecutive weekly gains.
With new EVs and SUVs, the company’s Hyundai, Kia and Genesis brands are expected to capture nearly 11% of the U.S. new vehicle market this year.
As Black Friday kicks off the holiday shopping season, we’re getting a clearer picture of how Americans plan to spend amid inflation and recession fears.
Inflation is hitting the entire restaurant industry, but chains and independent eateries have different advantages when it comes to tackling higher costs.
Bullard said Thursday the central bank still has a lot of work to do before it brings inflation under control.
Stocks slumped on Wednesday after Target reported a sales decline.
The largest U.S. solar panel manufacturer is spending more than $1 billion on a new factory in Alabama.
U.K. inflation jumped to a 41-year high of 11.1% in October, exceeding expectations as food, transport and energy prices continued to squeeze households and businesses.
Markets closed higher for the week after a stellar rally Thursday that saw Big Tech stocks soar on the back of weaker-than-expected CPI data for October.
The University of Michigan Survey of Consumers posted a 54.7 reading for November, down 8.7% from the previous month’s reading.
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