MEXICO CITY, Sept 7 (Reuters) - Mexican automotive production and exports rose in August compared with the same month a year earlier, data from the national statistics agency (INEGI) showed on Wednesday.
Production increased by 31.36% to 316,815 vehicles and auto exports rose by 16.93% to 248,704 units, the data showed. (Reporting by Ricardo Figueroa and Marion Giraldo; Editing by Andrew Heavens)
Following multiple recent bank collapses, some on Wall Street estimated the Fed would step back from its by-now customary rate hikes when it convened to discuss its monetary policy last week. That did not happen, however, and Fed chair Jerome Powell announced another 0.25 percentage point rate increase. One prominent investor thinks that was unnecessary and counterproductive. “Obviously he (Fed Chair Jerome Powell) didn’t need to do what he did,” billionaire Barry Sternlicht said, likening the a
(Bloomberg) -- Most Read from BloombergSaudi National Bank Chair Resigns After Credit Suisse RemarkFirst Citizens Nears Deal to Buy Silicon Valley Bank, Sources SayFirst Citizens Buys Silicon Valley Bank After Run on LenderBond Traders Go All-In on US Recession Bets That Defy Fed ViewAmmar Al Khudairy, the chairman of Credit Suisse Group AG’s largest shareholder, has resigned just days after his comments helped trigger a slump in the stock and bonds that prompted the Swiss government to step in
This is a TikTok challenge you don’t want to get behind.
When you need another stream of income for retirement, you might consider an annuity. You purchase the annuity from an insurance company and receive payments back at a later date. Before buying an annuity, it's important to consider how much … Continue reading → The post How Much Does a $300,000 Annuity Pay Per Month? appeared first on SmartAsset Blog.
Using technical analysis of the charts of those stocks, and, when appropriate, recent actions and grades from TheStreet's Quant Ratings, we zero in on three names. While we will not be weighing in with fundamental analysis, we hope this piece will give investors interested in stocks on the way down a good starting point to do further homework on the names. Children's Place recently was downgraded to Sell with a D+ rating by TheStreet's Quant Ratings.
In the investing world, the art of “stock picking” is crucial for success; investors must choose the right stocks to invest in to achieve strong returns. Therefore, when Wall Street experts label a stock as a ‘Top Pick,’ it’s a significant indication that the stock has great potential, and investors should take note. Using the TipRanks platform, we’ve looked up the details on two stocks that have recently gotten ‘Top Pick’ designation from the analysts at banking giant J.P. Morgan. So, let’s div
(Bloomberg) -- First Citizens BancShares Inc. agreed to buy Silicon Valley Bank which was seized by regulators following a run on the lender.Most Read from BloombergSaudi National Bank Chair Resigns After Credit Suisse RemarkFirst Citizens Nears Deal to Buy Silicon Valley Bank, Sources SayFirst Citizens Buys Silicon Valley Bank After Run on LenderBond Traders Go All-In on US Recession Bets That Defy Fed ViewThe Raleigh, North Carolina-based bank entered into a purchase and assumption agreement f
Tesla wants to continue to dominate the automotive industry in the coming years. After seeing the rivals get closer, Elon Musk's group has unleashed an offensive in recent months to repel them. Tesla has lowered the prices of all its models, from the popular Model 3 and Model Y to the very luxurious Model X and Model S.
Most Americans have less in their retirement accounts than they'd like, and much less than the rules say they should have. So, obviously, if that describes you then you're not alone. Now, most financial advisors recommend that you have between five … Continue reading → The post How Much Should I Have in My 401(k) at 50? appeared first on SmartAsset Blog.
The fall of 167-year-old Credit Suisse , which UBS committed to acquire on March 19, has thrown the European banking world in crisis. Shares of Stoxx Europe 600, which is made up of the 600 biggest banks in Europe, are down 4% from a month ago while German giant Deutsche Bank 's stock has been falling for three consecutive days. Over the last few years, Deutsche Bank in particular has been through a lot of tumult.
Dow Jones futures rose slightly Sunday night, along with S&P 500 futures and Nasdaq futures. Headlines have been relatively modest so far this weekend, though a deal may be close for FDIC-controlled Silicon Valley Bank. A stock market rally attempt is ongoing, but the indexes have been volatile while breadth has been narrow.
Real Money writer Doug Kass made mention this week a few times that he is building up a position in Charles Schwab Corporation . The stock has dropped some 30% since the implosion earlier this month in Silicon Valley Bank . Insiders have purchased over $6 million shares in aggregate since SVB's debacle.
Buying a stock is easy, but buying the right stock without a time-tested strategy is incredibly hard. So what are the best stocks to buy now or put on a watchlist?
(Bloomberg) -- Morgan Stanley’s Michael Wilson — among the most prominent bearish voices on US stocks — says turmoil in the banking sector has left earnings guidance looking too high, putting sanguine stock markets at risk of sharp declines.Most Read from BloombergSaudi National Bank Chair Resigns After Credit Suisse RemarkFirst Citizens Nears Deal to Buy Silicon Valley Bank, Sources SayFirst Citizens Buys Silicon Valley Bank After Run on LenderBond Traders Go All-In on US Recession Bets That De
When the market is soaring, it's easy to forget that what goes up can also come down. But economic slowdowns tend to be cyclical, which means that another recession is in the future. Whether it's fast-approaching or still a ways off, it's … Continue reading → The post 5 Things to Invest in When a Recession Hits appeared first on SmartAsset Blog.
It’s a good bet that stocks with the greatest sensitivity to liquidity will be outstanding performers during the next bull market.
First Citizens Bancshares agrees to acquire large parts of failed Silicon Valley Bank, lifting shares of other regional lenders such as First Republic Bank. Carnival and BioNTech are scheduled to report earnings Monday.
An individual retirement account, more commonly referred to as an IRA, is a good place to save for your retirement. Once you reach a certain age, though, you'll have to start taking a minimum amount out of your account each … Continue reading → The post IRA Required Minimum Distribution (RMD) Table for 2023 appeared first on SmartAsset Blog.
This way you won't have to worry about losing your card ... again.
This is the case when he was fined $20 million in September 2018 and lost the title of Chairman of the Board of Tesla after tweeting that he was going to take the electric vehicle manufacturer private. Despite the fact that Musk paid dearly for his non-compliance with this rule, the billionaire has not stopped mocking the SEC or engaging in a new showdown with the federal agency. This is what Musk is like.
Yahoo Finance 
Yahoo Finance Plus