Lucid shares sink 10% on Q1 results: ‘LCID is a zombie stock’
Lucid Group Inc (NASDAQ: LCID) lost nearly 10% in extended hours on Monday after reporting a disappointing first quarter. Lucid shares down on
S&P 500 could hit 4,400 level in the coming weeks, strategist says
S&P 500 has been range bound in recent months but a Stifel strategist is convinced it’ll break to the upside in the
Fibocom Launches 5G Smart Module SC151, Powering up 5G Connectivity for AIoT Industry
Fibocom launches the 5G smart module SC151 with a comprehensive capability to empower the AIoT industry. Powered by the Qualcomm® QCM4490 Processor,
Flush with cash, the IRS is offering a more accurate picture of when the U.S. will hit debt ceiling
That big infusion of cash that Congress approved last year to shape up the beleaguered IRS is having an unexpected side benefit. The funding increase has helped
Some TurboTax users will soon be getting settlement checks
Consumers who recently filed tax returns with TurboTax but were eligible for the Internal Revenue Service’s Free File program will soon start
Job growth totals 253,000 in April, beating expectations even as the U.S. economy slows
Job growth fared better than expected in April despite bank turmoil and a decelerating economy, the Labor Department reported Friday. Nonfarm payrolls increased
Debt limit debate endangers already fragile U.S. economic outlook
Congress and the White House barrel toward a June 1 deadline to resolve a debate over the debt ceiling, putting the credit
Warren Buffett says bank runs would have been ‘catastrophic’ without government intervention
Warren Buffett, chairman and CEO of Berkshire Hathaway, praised the government’s intervention in recent bank failures, saying on Saturday it averted what
How boost in Fed rate affects the commodity markets
The economy is always unpredictable, and fluctuations in the prices of various commodities accompany it. The increase in food prices and decline