Why Gold Prices Are Skyrocketing After Fed's Latest AnnouncementThe value of gold has once again reached an all-time high following the announcement from the US Federal Reserve (Fed), stirring up conversation. According to the announcement made during the Federal Open Market Committee meeting on the 20th (local time), the Fed has kept the interest rate steady at an annual 5.25~5.50%. This marks the […]
Rivian Shares Drop 15% Following Announcement of Workforce Reduction GlobalAutomotiveNews.com - U.S. electric vehicle company Livian announced on February 21, 2024 that it will cut its workforce by 10% and that production this year will be in line with last year's lower-than-expected levels, sending its shares down more than 15% in after-hours trading...
Hyundai Motor Group Records 450,000 Electric Vehicle Sales in 2023 Hyundai Motor Company sold 268,785 battery electric vehicles in 2023. That's 451,000 units, compared to Kia's 182,000. Hyundai's increase was driven by the Ioniq 5 and Ioniq 6...
China Demands Sincerity and More from U.S. Ahead of Upcoming SummitChinese state media calls for more sincerity and practical action from the U.S. ahead of the U.S.-China summit in San Francisco.
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