Daily Trade

Wednesday’s release of the consumer-price index reportfor July contained enough downside surprises to give stock investors hope the worst of inflation may be behind. Yet an undercurrent of worry remained at big-name firms like Pimco and BlackRock Inc., the world’s largest asset manager. According to Pimco economists Tiffany Wilding and Allison Boxer, the details of

Elon Musk sold almost $7 billion in Tesla Inc. stock in recent days, according to filings Tuesday with the Securities and Exchange Commission, and indicated he wants cash on hand as his legal fight with Twitter Inc. heats up. According to the filings, the Tesla chief executive sold around 7.9 million shares between Friday and

The issue: Measuring inflation—the rate of change in the level of prices—requires comparing the prices of a basket of goods and services over time. While that idea sounds straightforward in principle, measuring inflation in practice is more complicated. What goes into the chosen basket of items whose prices are to be tracked over time and how

[Editor’s note: “This Little-Known EV Battery Technology Will Drive the EV Revolution” was previously published in July 2022. It has since been updated to include the most relevant information available.] You may think you know of every battery innovation, especially as students of innovation. But a secret EV battery technology you’ve likely never heard of could

Google’s search engine experienced a rare outage Monday night. Google Search inquiries generated an error message for many people around the world, from the U.S. to the U.K. to Singapore, according to data from DownDetector. Users saw either a 500 or 502 error message. “The server encountered an error and could not complete your request,”

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