The Biden administration’s long-awaited executive order on U.S. investments in Chinese companies leaves open plenty of questions on how it will be implemented.
California agency approves San Francisco robotaxi expansion amid heavy opposition
The vote by the California Public Utilities Commission takes effect immediately. The companies could begin citywide paid taxi service at all hours on Thursday.
Ralph Lauren CEO says company’s conservative guidance doesn’t mar his faith in core consumer
Ralph Lauren CEO Patrice Louvet told CNBC’s Jim Cramer he has faith in the brand’s core consumer.
Asia markets mixed as U.S. inflation cools more than expected
Inflation readings for July came in at 3.2%, lower than the 3.3% expected, but higher than June’s 3%
US probing Virginia fatal crash involving Tesla suspected of running on automated driving system
U.S. auto safety regulators have sent a team to investigate a fatal crash in Virginia involving a Tesla suspected of running on a partially automated driving system.
$1,850 a day? What it costs to visit the 10 most expensive vacation destinations in the world
The Caribbean island of St. Barts is the world’s most expensive place to visit, according to a ranking of average travel costs in 100 popular vacation spots.
Gold prices to breach all-time highs? Some expect bullion to hit $2,500
Gold prices may set new all-time highs in 2024 on the back of a peak in interest rates, looming recessionary fears and higher consumer demand, analysts say.
‘Potential minefield’: Value investor Guy Spier talks U.S. bank risks, reveals his top stock to own
Warren Buffett-disciple Guy Spier reveals his favorite bank stock to own and outlines major risks for regional banks after the Moody’s downgrade.
Here are 7 beaten-up global stocks that analysts expect to double
The stocks are expected to rise by more than 100% over the next 12 months despite negative returns so far this year for secular reasons.
Nasdaq Composite slips Friday, falls two weeks straight for the first time in 2023: Live updates
The latest inflation report due this week came in hotter than anticipated.
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