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Elon Musk announced Tesla will wind down Cybertruck production next year, abandoning the polarizing vehicle to repurpose its Texas factory for Cybercab manufacturing. The decision signals Tesla's pivot from…
It's unclear whether production will shift to another factory or Tesla is preparing to retire its wacky truck altogether.
Payrolls jumped by 165,000 jobs last month after an upwardly revised 60,000 gain in September, the Labor Department's Bureau of Labor Statistics said on Friday.
The company lifted its revenue outlook for the year, saying it expects revenue to grow as much as 25% in 2026.
The biotech company now expects 2026 revenue growth of 15% to 25%, up from its previous guidance of up to 10%.
Bitcoin consolidated as fears over US AI regulation spread to Asia, causing South Korea to announce measures to calm stock-market volatility.
9 tech titans took a $150 billion wealth hit during Thursday's AI stock plunge - with Elon Musk alone losing $80 billion
The month before the midterm elections that focused heavily on affordability, the jobs market was roaring, with U.S. employers adding 165,000 jobs in October,…
Employers added 165,000 jobs last month, the Labor Department said on Friday, blowing past economists' expected gains of around 59,000 jobs.
Despite the political drama surrounding U.S. elections, stocks have historically risen following midterms, market data shows.
Fox Corp said Friday that it completed its $22 billion acquisition of streaming giant Roku, in a major move to bolster the broadcaster's advertising…
Democratic victories in several gubernatorial races are likely to slow data center development across the U.S., according to tech analysts.
Across 243 market stories in the last 24 hours the mood reads bearish at −26.1, down 23.1 points on the day before. Markets (−61) and Technology (−47) weigh most, while Healthcare (+27) and Energy (+18) hold up best.
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Recent economic data point toward another rate increase in December. A more sustained AI selloff could argue against one.
Mexico strengthened its position as the United States' top trading partner in September at $96 billion. The post Mexico widens US trade lead with record $96.3B September…
Global container volumes surged in September despite mounting disruptions and rising freight prices. The post North America container imports rise 9% as as freight…
Plus, a Tutor Perini subsidiary wins a $60 million U.S. Coast Guard contract and SMACNA selects its executive committee for the year.
The car company's CEO Elon Musk has said production will halt in Texas, to focus on the firm's self-driving Cybercabs.
Last month's employment growth was driven by an increase of 70,000 professional and business-services jobs.
Nonfarm payrolls were expected to increase by 59,000 in October as the unemployment rate was expected to hold steady at 4.2%.
Ottawa's five-year extension of mineral exploration tax credits has won praise from Canada's prospectors association, but British Columbia's exploration group says the…
Jersey's Economic Development Minister has told the BBC that workers' rights may have to take 'second place' to economic growth.
The large-cap index is nowhere near as diversified as you think.
Payrolls jumped by 165,000 jobs last month after an upwardly revised 60,000 gain in September, the Labor Department's Bureau of Labor Statistics said on Friday.
Hiring across the U.S. surged last month and unemployment dipped, a sign the job market is picking up speed.
Sherritt International (TSX: S) will temporarily lay off almost half its Canadian workforce to conserve cash while it seeks further United States approvals and…
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