By Rob Lenihan Volkswagen and a major tech partner are getting together to put a new spin on the test drive. The test drive has probably been a part of the automotive experience since the day Henry Ford jumped behind the wheel of his Quadricycle and we…
Hedge Funder Ackman Has an Unusual Idea to Cut Inflation
By Dan Weil The Federal Reserve seems like the only avenue to subdue inflation. Bill Ackman, the legendary hedge fund executive, has a different idea. At the moment, the Federal Reserve appears to be the only game in town to subdue inflation. The Fed h…
Amazon’s Twitch Deals Sharp Blow to Crypto
By Luc Olinga The livestreaming platform was facing a backlash from some of its influencers over its inaction on a growing issue. The past few months have not been easy for the crypto industry. The list of headaches afflicting the young industry is gro…
AT&T Stock Approaches Key Support as Dividend Yields 7%
By Bret Kenwell AT&T has been crushed this year, down more than 40% from its high. But now the stock nears a key area on the charts with a 7% dividend yield. AT&T (T) – Get AT&T Inc. Report stock’s underperformance had been well documented even before …
U.S. Steel Exec: Sustainability ‘Integral to the Overall Strategy’
By Rob Lenihan If your view of steel mills is smokestacks belching soot, U.S. Steel’s chief sustainability officer, Rich Fruehauf, would like a word with you. When you think of a steel mill, you most likely conjure images of rows of smokestacks churnin…
Musk Wants to Build ‘Ecological Paradise’ With ‘Retro-Futuristic Boats’
By Luc Olinga Tesla’s billionaire CEO wants to reinvent the factory to make it a natural part of city life. Elon Musk is a disruptor, sometimes playing troublemaker just to provoke change. With his SpaceX company he relaunched the effort to conquer spa…
Bond Market Meltdown Captures Inflation Fears, Recession Forecasts, Capitulation Risk
By Martin Baccardax “It’s possible that unemployment could gently glide higher, while wages cool, without an outright recession – but it’s never happened before,” said Comerica’s Bill Adams. U.S. Treasury bond yields jumped higher Friday, extending one…
Crypto Crash Causes Big Damage Among CEOs
By Luc Olinga The collapse of cryptocurrency prices, including bitcoin, has had a sharp and unexpected impact at the top of crypto firms. The damage caused by the crash of the cryptocurrency market won’t be measurable for a long while. Digital-currency…
Stock Selloff, Recession Fears, Apple’s Super Bowl Deal: TheStreet’s Market Open
By Daniel Kuhn Watch the latest news on today’s market selloff, recession fears and Apple’s Super Bowl deal on TheStreet’s Market Open, Friday, September 23. Check back later for a full video transcript. TheStreet is live every weekday at 9:30 a.m. ET….
Condoms and Pregnancy Tests Face Recall by Major Discount Chain
By Veronika Bondarenko The FDA reported recalls affecting over 40 health and hygiene products. There are certain things that one decidedly does not want to learn have been subject to a recall — food one just ate, medicine one takes regularly and certai…