Tesla trade-ins hit record high amid Elon Musk controversy Tesla trade-ins have reportedly hit a record high amid a brand crisis linked in part to CEO Elon Musk’s involvement in the Trump administration. According to the Washington Post, Teslas made up 0.4% of all vehicles traded at traditional dealerships a year ago. That figure doubled
HONG KONG — Global shares were mostly lower Friday as investors mulled uncertainties brought by U.S. President Donald Trump’s latest tariffs. The future for the S&P 500 lost 0.4% and that for the Dow Jones Industrial Average retreated 0.2%. In Europe, Germany’s DAX declined 0.6% to 22,537.65 and the CAC 40 in France slid 0.5%
New York Stock Exchange NYSE Trump Supporter Trader TIMOTHY A. CLARY/AFP via Getty Images To some, the stock market seems like a casino. Put some money in, and take a gamble to see if your investments moon or go to zero. But that’s not the reality for a large part of the investment world: For
Foreign investors remain cautious over Turkish assets after last week’s plunge in the value of the lira, despite huge intervention to prop up the currency and restore confidence. The central bank — which had rebuilt the country’s net foreign reserves from deep in the red to about $65bn in the last year, with gross reserves
Foreign investors remain cautious over Turkish assets after last week’s plunge in the value of the lira, despite huge intervention to prop up the currency and restore confidence. The central bank — which had rebuilt the country’s net foreign reserves from deep in the red to about $65bn in the last year — committed more
This article was written by Follow About My Writing: I am currently focused on income investing through either common shares, preferred shares, or bonds. I will occasionally break away and write about the economy at large or a special situation involving a company I’ve been researching in. I target two articles per week for publication on
Gold (GC=F) hit new highs on Thursday as concerns of an escalating trade war heightened. Futures touched their 17th record of the year just north of $3,060 after President Trump’s auto tariff announcement on Wednesday stoked further fears of a trade war. A move lower in the US dollar (DX-Y.NYB) index also helped drive prices
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Rachel Reeves has been accused of leaving her fiscal policy on a “precarious” footing as market movements exposed how easily her budget headroom could evaporate again if borrowing costs go higher. The UK chancellor on
Shares in automakers around the world wobbled on Thursday after President Trump announced plans to impose a 25 percent tariff on imported cars and some parts beginning next week. The stocks of major Detroit carmakers, which build some of their vehicles in Canada and Mexico, were rattled on Wall Street. Shares in General Motors, which
Gold (GC=F) hit new highs on Thursday as concerns of an escalating trade war heightened. Futures touched their 17th record of the year just north of $3,060 after President Trump’s auto tariff announcement on Wednesday stoked further fears of a trade war. A move lower in the US dollar (DX-Y.NYB) index also helped drive prices