President Donald Trump and billionaire Tesla CEO Elon Musk continued to clash Thursday, with Trump linking their fraying relationship to his administration’s efforts to reduce support for electric vehicles.
Brown-Forman’s stock is having its worst day ever and heading for a 12-year low after the spirits seller fell short of its profit and revenue expectations.
The European Central Bank on Thursday offered no surprises as it cut interest rates for the eighth time in a year — further widening the differential between official U.S. and eurozone policy rates, a gulf that has prompted President Donald Trump to lash out repeatedly at Federal Reserve Chair Jerome Powell.
Stock markets worldwide are breaking records. That’s just when you want to be the most careful.
Paramount’s sale to Skydance Media has stalled amid regulatory paralysis — and Lightshed Partners predicts that if a resolution isn’t reached by October, the deal will be called off.