May 15, 2024
Finance

Nasdaq closes at record high, meme stocks surge again ahead of inflation data

President Biden spoke Tuesday about the administration’s decision to announce a new wave of tariffs across an array of Chinese goods. “American workers can outwork and outcompete anyone as long as the competition is fair. But for too long it hasn’t been fair,” the president said while speaking at the White House’s South Lawn. He

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Finance

Meme rally roars as stocks climb in inflation countdown

President Biden spoke Tuesday about the administration’s decision to announce a new wave of tariffs across an array of Chinese goods. “American workers can outwork and outcompete anyone as long as the competition is fair. But for too long it hasn’t been fair,” the president said while speaking at the White House Lawn. He criticized

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Loans

PHF Leasing widens EV loan portfolio, Auto News, ET Auto

These are in addition to the current Electric Rickshaws, E-loaders and other L3 EV Loan products that are already available. New Delhi: PHF Leasing Limited, the Metropolitan Stock Exchange- listed, deposit accepting NBFC, headquartered in Jalandhar, Punjab, has widened its electric vehicle loan portfolio by including loan products for purchase of electric cargo vehicles in

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Investment

Xi’s visit to Hungary and Serbia brings new Chinese investment and deeper ties to Europe’s doorstep

BUDAPEST, Hungary — When Chinese President Xi Jinping visited Hungary last week, he arrived to one of the few places in the European Union where his country is considered an indispensable ally rather than a rival. By the time he left on Friday, he’d secured deals that provide fertile ground for China‘s plans of economic

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Investment

‘This is a very big day’

Japanese automaker Honda has announced that it will invest $11 billion in new electric vehicle and battery production plants in the Canadian province of Ontario, Reuters reported. The new plants will be added alongside the company’s existing factories in Canada’s most populous province. “This is a very big day for the region, for the province,

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Loans

Energy Department conditionally approves $2.26 billion loan for huge lithium mine in Nevada

RENO, Nev. (AP) — President Joe Biden’s administration has conditionally agreed to loan more than $2 billion to the company building a controversial lithium mine in Nevada with the largest known U.S. deposit of the metal critical to making batteries for electric vehicles key to his renewable energy agenda. The U.S Energy Department agreed on

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Crypto

Crypto And AI Have Emerged As Major Energy Hogs

This week’s Current Climate, which every Monday brings you the latest news about the business of sustainability. Sign up to get it in your inbox every week. getty Our insatiable appetite for web-based services and streaming platforms has required the construction of ever more powerful data centers, all of which need more and more electricity

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