economic uncertainty
Rivian slashes production outlook, announces job cuts as EV demand wanes
Business
Jessica Roberts
Rivian (RIVN) stock tanked after the bell on Wednesday after the electric adventure vehicle maker reported mixed fourth quarter results and a ...
Samsung Profit Tumbles 35% as Chip Weakness Persists
Business
Jessica Roberts
(Bloomberg) — Samsung Electronics Co. posted its sixth straight quarter of declining operating profit, reflecting weak consumer demand and stoking uncertainty over ...
China is leading a ‘voracious’ gold-buying spree as central banks try to shrink dollar reserves
Business
Jessica Roberts
These are the best gold IRAs of 2023.Filograph/Getty Images Central banks are buying a lot of gold, and China is leading the ...
The new strategy for US banks: Shrink
Business
Jessica Roberts
Citigroup (C) is stripping out five layers of management. US Bancorp (USB) is pledging to shrink its balance sheet so it can ...
