Electric vehicle manufacturer Nikola has filed for Chapter 11 bankruptcy protection after warning it might deplete its cash reserves early this year. Once a high-flying startup, Nikola faced […]
Uncategorized
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EV maker Nikola files for Chapter 11 bankruptcy protection
Electric truck manufacturer Nikola Corp. has filed for Chapter 11 bankruptcy protection after struggling with market and macroeconomic challenges. CEO Steve Girsky stated that despite efforts to raise […]
Economy
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Fed minutes show inflation concern about Trump immigration, trade policies
The Federal Reserve has expressed concerns over the impact of tariffs on inflation, as revealed in the latest meeting minutes. Officials are worried that tariffs could lead to […]
Economy
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Fed officials are worried about tariffs’ impact on inflation and see rate cuts on hold, minutes show
Federal Reserve officials in January agreed they would need to see inflation come down more before lowering interest rates further. Concerns were raised about the impact of President […]
Economy
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Fed Minutes Show Inflation Concerns Delaying Rate Cuts
Federal Reserve officials have expressed concerns about the risks of higher inflation, which has led to a cautious approach regarding further rate cuts. According to the minutes from […]
Technology
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Palantir Witnesses Significant and Unusual Put Options Activity
Palantir Technologies Inc. (PLTR) has recently observed substantial and unusual trading activity in its put options, according to financial data and analytics provider Barchart. This development comes amid […]
NewsLetter
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Delta Crash In Toronto: Canadian Transportation Safety Board Updates On Investigation
The Transportation Safety Board (TSB) of Canada has issued an update on its investigation into the crash of an Endeavor Air Mitsubishi CRJ900 operating for Delta Connection at […]
Markets
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EUR/USD weakens as US Dollar rises ahead of FOMC minutes
The EUR/USD pair has weakened as the US Dollar gained strength, driven by President Trump’s threat to impose 25% tariffs on select items including automobiles, semiconductors, and pharmaceuticals. […]
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Forever 21 Engages in Talks with Liquidators Amid Struggles to Find a Buyer
Forever 21, the beleaguered fast-fashion retailer, is reportedly in discussions with liquidators as it faces challenges in securing a buyer, signaling potential difficulties ahead. According to sources familiar […]
Economy
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Fed Minutes: Trade and immigration pose risks to inflation
At last month’s meeting, Fed officials debated whether it might be wise to slow or even pause the reduction of their balance sheet holdings, given renewed concerns over […]