Hydrogen fuel cell vehicles are set to become a major player in China’s commercial truck market, predicts JPMorgan’s Elaine Wu. “Currently, the fuel cell vehicles account for less than 5% of the commercial truck market in China and that could grow to about one-third of total market share in 2050,” Wu, head of Asia ex-Japan
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Flags of U.S. and China are displayed at American International Chamber of Commerce (AICC)’s booth during China International Fair for Trade in Services in Beijing, China, May 28, 2019. Jason Lee | Reuters BEIJING — Seven months since U.S. President Joe Biden took office, his administration has yet to establish a trade policy with China.
A visual representation of bitcoin. STR | NurPhoto via Getty Images Bitcoin’s biggest investors appear to be upping their positions as the price recovers. Cryptocurrency accounts holding roughly $50 million or more worth of bitcoin have steadily increased their buying since the end of June, according to new data from blockchain firm Chainalysis. That bullishness
Getty Images Divorcing parents often have plenty to navigate. And the latest stimulus package has dumped even more onto the negotiating table in the form of enhanced tax credits. The $1.9 trillion American Rescue Plan provided Covid-19 relief for millions of Americans, including increases to three write-offs in 2021: the child tax credit, the earned
Four years ago, my wife and I had a combined $40,000 debt that we were struggling to pay off. We were living paycheck to paycheck, had no savings, and we weren’t tracking our spending or our overall money goals. At times, we would sell some of our clothes to thrift shops to get gas money
ARCB and ULTA are two stocks for your aggressive growth stock radar screen.
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A Warby Parker’s store in The Standard, Los Angeles, California. Michael Buckner | Getty Images Eyeglass brand Warby Parker has lost money or broken even over each of the past three fiscal years — and warned it may face headwinds as it tries to turn a profit as a public company, according to documents filed
In this article JWN A shopper leaves a Nordstrom store on May 26, 2021 in Chicago, Illinois. Scott Olson | Getty Images Nordstrom shares fell Tuesday after the department store chain reported fiscal second-quarter sales remained below pre-pandemic levels. Compared with a year earlier, sales more than doubled, as shoppers used Nordstrom’s anniversary sale as
Shoppers leave a Nordstrom store on May 26, 2021 in Chicago, Illinois. Scott Olson | Getty Images Check out the companies making headlines in after hours trading. Nordstrom — Shares of the retailer slid more than 3% in extended trading despite Nordstrom beating top- and bottom-line estimates during the second quarter. The company earned 49
American flags in front of Goldman Sachs Group Inc. headquarters in New York, on Friday, March 5, 2021. Michael Nagle | Bloomberg | Getty Images Goldman Sachs said that only vaccinated people can enter its buildings starting next month. The leading global investment bank said that the new policy starts Sept. 7 and applies to
Douglas Rissing | iStock | Getty Images Those who’ve been stuck with a credit card balance may wonder if they should use the savings in their 401(k) plan to clear their debt up. Credit cards, after all, come with high interest rates — the average charge is over 16% a year. Being dinged at that
Carlina Teteris | Moment | Getty Images Roth accounts are available in more 401(k) plans than ever. Retirement savers aren’t rushing in. About 75% of employers with a workplace 401(k) allowed employees to save money in a Roth account in 2019 — up from 69% the year prior and 46% a decade earlier, according
The setting sun reflects off One World Trade Center and the skyline of lower Manhattan in New York City as the moon rises on March 7, 2020 as seen from Jersey City, New Jersey. Gary Hershorn | Getty Images New York City now holds the top slot as the most expensive apartment rental market in
These 5 companies have amazing charts with big beats during the pandemic. Can it keep it up?
The cruise ships “Carnival Sunrise” (L) and “Carnival Vista” (R) part of the Carnival Cruise Line, are seen moored at a quay in the port of Miami, Florida, on December 23, 2020, amid the Coronavirus pandemic. Daniel Slim | AFP | Getty Images A 77-year-old woman has died from COVID-19 after testing positive while sailing
An employee brings a television to a customer’s car at a Best Buy store in Orlando, Florida. Paul Hennessy | SOPA Images | LightRocket | Getty Images Best Buy said Tuesday fiscal second-quarter sales rose nearly 20% as consumers upgraded devices and equipment and permanently embraced habits formed over the past year — from hybrid work to
Take a look at some of the biggest movers in the premarket: Best Buy (BBY) – Best Buy shares rallied 4.3% in the premarket after the electronics retailer beat estimates on the top and bottom lines for the second quarter. Best Buy earned $2.98 per share, compared to a $1.85 a share. consensus estimate. Comparable-store
Traders work on the floor of the New York Stock Exchange (NYSE), July 21, 2021. Brendan McDermid | Reuters It’s late August, so the market is supposed to be on vacation like so many of us. However, considering that since the pandemic started, no one really keeps track of what month it is – how
LPETTET | iStock | Getty Images Almost a third of investors who received government stimulus money during the pandemic invested some of it, according to a new CNBC/Momentive Invest in You survey. However, younger and newer investors were more likely to put their stimulus money into assets. Of those aged 18 to 34 years old,