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Investing
Stellantis takes $3 billion revenue hit from autoworker strikes
Historic strikes by autoworkers in North America have cost Stellantis €3 billion ($3.2 billion) in lost revenue, the maker of Chrysler and…
401(k)s Replaced Pensions. Retirement Savings Are Still Coming Up Short.
The U.S.’s $39-trillion retirement savings system emerged from the covid pandemic with increases in both plan participation and holdings.That’s the good news on retirement from the…
Europe’s biggest economy shrank in the third quarter, spelling trouble for the region
Output in Germany fell slightly in the third quarter, official data showed Monday, increasing the risk of a recession in Europe’s biggest…
McDonald’s set up well for 2024 as digital sales, restaurant growth, ramp up: Wells Fargo
McDonald’s Corp., which reported better-than-expected third-quarter results before market open Monday, is well positioned for 2024, according to Wells Fargo.…
Native American populations are ‘invisible’ to banks. That needs to change
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an…
SEC charges SolarWinds and company executive with fraud after massive cybersecurity breach
The Securities and Exchange Commission on Monday charged software provider SolarWinds Corp. and its chief information-security officer with fraud and the…
Janet Yellen to deliver major speech detailing US economic strategy toward Indo-Pacific
At a moment of elevated geopolitical danger, Treasury Secretary Janet Yellen plans to deliver a major speech on Thursday mapping out the Biden…
Pinterest’s stock surges 16% on jump in revenue, earnings
Pinterest Inc.’s stock popped nearly 16% in extended trading Monday after it reported quarterly results that topped analysts’ revenue and earnings estimates.…
China’s factory activity unexpectedly contracts in October as demand drops
China’s massive manufacturing sector has contracted once again amid weak demand, fueling calls for stronger policy support to boost growth.…