Paris Olympics Boosted France’s Economy Amid Political Uncertainty
The Paris Olympics, which concluded recently, have given France’s economy a noticeable lift in the third quarter of the year, according to the Bank of France. Despite ongoing political uncertainty,
Rivian Automotive Outperforms Wall Street Expectations Amid Cost-Cutting Efforts
Rivian Automotive, the electric vehicle (EV) maker, has exceeded Wall Street’s expectations for both revenue and earnings per share in the second quarter of 2024, despite ongoing efforts to reduce
Decline in Unemployment Claims Indicates Stable Labor Market
The recent drop in new unemployment benefit applications in the U.S. exceeded expectations, indicating that the labor market’s perceived instability might have been overstated. Despite a gradual softening, the labor
Warren Buffett’s Berkshire Hathaway Halves Apple Stake, Reports Record Cash Reserves
In a surprising move, Warren Buffett’s Berkshire Hathaway has significantly reduced its holdings in tech giant Apple, as revealed in its second-quarter earnings report released on Saturday. The conglomerate slashed