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Stocks put on cruise control as interest rate cut expectations improve outlook

March 25, 2025 by istri

Stocks are heading for their best month since November 2020 Eurozone bond yields fall after weak data Treasury yields are set to post their biggest monthly decline since 2008 Oil prices are rising ahead of the postponed OPEC+ meeting Graphic: Worldwide exchange rates LONDON, Nov 30 (Portal) – Global stock markets edged higher on Thursday, … [Read more…]

Posted in: Business Tagged: control, Cruise, cut, expectations, improve, interest, outlook, put, rate, Stocks

Amazon.com to cut “several hundred” Alexa jobs – Portal

August 7, 2024 by istri

Nov 17 (Portal) – Amazon.com (AMZN.O) said on Friday it is cutting jobs in its Alexa voice assistant division, citing changing business priorities and a greater focus on generative artificial intelligence. The cuts affect several hundred employees who work on Alexa, according to the email. A spokeswoman did not want to say exactly how many … [Read more…]

Posted in: Business Tagged: Alexa, Amazon.com, cut, jobs, Portal

Transition to electric vehicles cools as demand slows and automakers cut production – The Washington Post

December 26, 2023 by istri

Comment on this storyCommentAdd to your saved storiesSave The Biden administration’s efforts to encourage more Americans to buy electric vehicles are falling short of expectations as consumers worry about prices, battery range and a lack of charging stations. U.S. sales of all-electric cars are still growing rapidly — up more than 50 percent this year … [Read more…]

Posted in: Business Tagged: Automakers, Cools, cut, demand, electric, Post, production, slows, transition, vehicles, Washington
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