A growing cadre of Gen Z investors are anticipating a summer of meme stock mania, ready to capitalize on the next big short squeeze after a fateful two weeks in January when GameStop’s stock price skyrocketed over 1500%.
But while meme stocks may have introduced a new, young audience to the wonders of investing, popular finance TikTok creators say the viral trading craze is fueling …
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Tesla Inc. plans to recall more than 285,000 electric vehicles sold in China to address risks associated with its autopilot feature after an investigation conducted by the country’s market regulator.
The electric car maker will recall 211,256 locally-produced Model 3 vehicles and 35,665 imported ones, as well as 38,599 China-made Model Ys because their autopilot systems are too easi…
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Every night, the nurse anesthetist Cheryl Shadden lies awake in her home in Granbury, Texas, listening to a nonstop roar. “It’s like sitting on the runway of an airport where jets are taking off, one after another,” she says. “You can’t even walk out on your back patio and speak to somebody five feet away and have them hear you at all.”
The cost of goods is rising and rising—6.1% last year, according to government numbers released on Friday, Feb 25—and lots of ink has been spilled explaining why. Consumers have more money in their pockets thanks to wage gains and increased savings during lockdowns, so demand for goods is up, but production slowed during the pandemic. Supply chain snafus have made it more expensive …
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Elon Musk-led electric car manufacturer Tesla lost its place this month on the S&P 500 index dedicated to companies excelling at environmental, social, and governance (ESG) issues. Though there were 34 other companies also removed from the index following its annual reshuffle, the company stands out for its focus on environmentally conscious transportation.
In a blog post published Ma…
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Energy prices surged after Russian President Vladimir Putin signed an order to send what he called “peacekeeping forces” to the two breakaway areas of Ukraine that he officially recognized on Monday.
European natural gas led the gains with as much as 13% rise, helped higher by Germany halting the approval process of the controversial Nord Stream 2 pipeline. Brent oil closed in…
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