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Articles by The Wall Street Analyzer
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T-Mobile will lay off 5,000 employees, or about 7% of its workforce, in the coming weeks
WYATTE GRANTHAM-PHILIPS Thu, August 24, 2023, 1:03 PM EDT NEW YORK (AP) — Wireless carrier T-Mobile said Thursday it plans to cut 5,000 jobs, or about 7% of its workforce. In email to employees shared […]
World News
Ford, partners pick Canada for $900 million battery materials plant
Steve Scherer Thu, August 17, 2023, 10:32 AM EDTIn this article: By Steve Scherer OTTAWA (Reuters) -A consortium of Ford Motor Co and South Korean companies on Thursday said they would build a C$1.2 billion […]
Consumer
Walmart earnings smash expectations after weaker second quarter from Target
Brooke DiPalma· ReporterThu, August 17, 2023, 7:30 AM EDT In this article: Walmart (WMT) is winning over US shoppers as inflation continues to take a toll. In the retail giant’s second quarter earnings release, out before […]
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Market News
Vietnamese electric car start-up worth more than Ford after US listing
Howard Mustoe Wed, August 16, 2023 at 9:47 AM EDT In this article: A Vietnamese electric car maker has overtaken the value of Western rivals including Ford in its first day of stock market trading. […]
Market News
Disney raises streaming prices as CEO Bob Iger warns of password-sharing crackdown
Alexandra Canal·Senior ReporterWed, August 9, 2023, 6:09 PM EDTIn this article: Disney (DIS) announced Wednesday it would raise prices for its streaming services for the second time this year as the company works to narrow […]
World News
Mexico’s inflation rate slows for sixth straight month
MEXICO CITY (Reuters) -Mexico saw its annual inflation rate slow for the sixth consecutive month in July to 4.79%, data from statistics agency INEGI showed on Wednesday, continuing a downward trend spurred by a long […]
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Consumer
U.S. mortgage rates spike to highest since November, approach 22-year high
Safiyah Riddle Wed, August 9, 2023, 11:21 AM EDT By Safiyah Riddle (Reuters) – The average U.S. 30-year mortgage rate jumped to a nine-month peak on Wednesday and hit the second-highest rate since 2001, as […]