Daily Trade

Shares of solar, elective vehicle and fuel cell companies all rallied Monday, after the Senate approved what J.P. Morgan analyst Mark Strouse called “the largest policy change in U.S. history” to accelerate the transition away from fossil fuels. The bill, named the Inflation Reduction Act, provides billions of dollars for clean and renewable energy production

By Raffaele Huang SINGAPORE–Baidu Inc. has received approval from two Chinese cities to charge passengers for its ride-hailing service operated without a driver or safety person in the vehicle, the search-engine giant said Monday. Baidu, the first Chinese company to obtain such permits, will operate from 9 a.m. to 5 p.m. in a designated 13

With a compromise spending bill that devotes more than $360 billion to climate change efforts, consumers for the first time will have a tax incentive to use toward previously owned electric vehicles. Newly built EVs also feature in the revived tax-credit proposals, which now look closer to passage in the Senate after Democrats reached agreement

I’m writing this unretirement column three days after turning 66 (and four months before reaching my Social Security “Full Retirement Age”). So, my 70s are just around the corner. Until recently, that gave me pause. But after seeing what people in their 70s said in the recent AARP/National Geographic “Second Half of Life Study” and

One of the few numbers growing faster than energy stock dividends is the size of crowds convinced they are not sustainable. I’ve never witnessed a consensus opinion as negative on an entire sector as on traditional energy. The debates are so one-sided that dividends’ simple clues are being overlooked, and instead more focus is placed

The California Department of Motor Vehicles is accusing Tesla Inc. of falsely advertising the capabilities of its self-driving technology. Two complaints filed July 28 show that the DMV is seeking changes in the way Tesla TSLA, -6.63% promotes its Autopilot and Full Self-Driving features or risk getting its manufacturing license suspended or revoked. “Respondent made

The numbers The U.S. added a sizzling 528,000 new jobs in July and the unemployment rate fell to pre-pandemic levels in a muscle-flexing display for the economy, but the robust report could add to inflation worries and push interest rates even higher. The increase in hiring blew past Wall Street estimates. Economists polled by The

DoorDash Inc. on Thursday reported continued growth in the second quarter, saying that its food-delivery business remains healthy despite economic uncertainty, but its loss was worse than what Wall Street expected. DoorDash DASH, +2.34%, which completed its acquisition of Finland-based Wolt in the second quarter, beat revenue and other expectations with its earnings report, though

The 30-year fixed-rate mortgage averaged 4.99% as of August 4, according to data released by Freddie Mac on Thursday. That’s down 31 basis points from the previous week — one basis point is equal to one hundredth of a percentage point, or 1% of 1%. Rates have dipped below 5% for the first time since April. The

WASHINGTON — Two top lawyers who worked in the White House under former President Donald Trump have been subpoenaed to appear before a federal grand jury investigating the events leading up to the Jan. 6, 2021, attack on the Capitol, people familiar with the matter said, in the latest sign that the Justice Department’s probe is entering

Oil futures moved higher Wednesday as news reports said the Organization of the Petroleum Exporting Countries its allies will approve a small output increase that’s seen as largely symbolic. Price action West Texas Intermediate crude for September delivery CL.1, +0.13% CL00, +0.13% CLU22, +0.13% rose $1.57, or 1.7%, at $95.99 a barrel on the New

Advanced Micro Devices Inc. finally gave investors a direct look at its data-center business Tuesday, and Wall Street should be happy with the business that Lisa Su & Co. have rebuilt. In the first quarterly report from AMD AMD, +2.59% to include a long-desired breakdown of the server business, the chip maker reported $1.5 billion

Dear Quentin, I am a 65-year-old retired woman with modest Social Security and annuity payments. I also own my own home and have savings. I’ve been seeing a 68-year-old retiree since just before the pandemic. He lives with his 95-year-old dad, who is in poor health (he can’t get around much, doesn’t drive, and is

Arista Networks Inc. advanced in the extended session Monday after the networking company reported second-quarter results that topped Wall Street’s estimates. Shares of Arista Networks Inc. ANET, +0.84% rose about 5% after ending Monday’s session up 0.84%, to $117.61. The company reported second-quarter net income of $299.1 million, or 94 cents a share, compared with

When equities are under pressure, it is particularly important for investors to find stocks that are trading at a discount to their intrinsic value. This can be particularly difficult if you’re interested in finding small-cap growth stocks trading at a discount. The widely accepted definition of small-cap companies are those with a market capitalization of

Everything costs too much these days. The good news is, consumers can afford to scrimp on streaming in August. While almost every major streaming service has a blockbuster series on the way, in most cases they don’t have much else new. So August’s picks come down to which services offer the most bang for the

San Francisco-headquartered neo-banking firm SoFi Technologies (NASDAQ:SOFI) is one of today’s most interesting fintech firms. However, Mad Money host Jim Cramer can’t seem to find a catalyst to recommend SOFI stock to investors. There are actually notable events concerning SoFi, including the approval of a reverse share split and the possibility of a $1 billion stock

August is a month full of big-name titles for Disney+, including the streaming debut of “Lightyear” and highly anticipated new series from both the Marvel and “Star Wars” universes. The animated “Toy Story” prequel “Lightyear” (Aug. 3) drops first, hitting Disney+ a month and a half after its theatrical release in mid-June. The Pixar movie

The energy sector is broadly defined to comprise all companies that produce power. It is divided into non-renewable and renewable sources. Currently, that conversation gravitates around oil and prices at the pump. It is no secret that the price of a gallon of gas factors heavily into everyday conversation around inflation and recessionary concerns.  The

A “great slowdown” is happening in the U.S. housing market, a new report from Bank of America says, as mortgage originations shrink and spending on household items softens. Amid weak home sales numbers, builder confidence, and new construction, there’s a lot of chatter about whether the housing sector is in a recession. New data from