Apple is launching its flagship virtual reality headset, the Apple Vision Pro, in China, Hong Kong, Japan and Singapore on June 28.
Asia-Pacific markets rise as Fed holds rates and shifts dot plot; EV stocks surge despite EU tariffs
The Fed has projected one rate cut this year, down from three, but raises the number of projected rate cuts to a total of four in 2025.
At Stellantis investor day, cost cuts and China come into focus
Stellantis has aggressively cut operations under Tavares, with some executives describing the measures as difficult or grueling.
European Union announces higher tariffs of up to 38% on Chinese EVs
The European Union on Wednesday said it would slap higher tariffs on Chinese electric vehicle imports.
Shares of Porsche, VW and other European carmakers fall following reports of ‘dieselgate’ lawsuits in Britain
The “dieselgate” emissions scandal refers to reports that first surfaced in 2015 that Volkswagen had been caught cheating on emissions tests in the U.S.
Hungary agrees not to veto NATO’s deepening support for Ukraine in exchange for nonparticipation
Hungary agreed not to veto NATO military support for Ukraine in exchange for not participating in these efforts.
France’s Macron says he won’t quit if his party loses in snap election vote
The snap election is a gamble for Macron; a defeat for his party would see his domestic powers significantly diminished.
Still Misperceived? A Fresh Look at Bitcoin Volatility
Is Bitcoin considerably more volatile than other asset classes? It’s important to approach this question analytically and with an open mind because perceptions do not always match reality.
Fed meeting and inflation report both hit Wednesday, and the impact could be huge
A one-two punch starts in the morning with the pivotal consumer price index reading for May, ending with the Fed’s policy meeting in the afternoon
Asia-Pacific markets mixed as China’s May inflation rises for the 4th straight month
China’s May inflation rate is expected to inch up to 0.4%, compared to April’s increase of 0.3%.