Author: IA PressRoom

Shares of Tesla Inc. on Monday did something they have never done since going public 13 years ago, notching a 12th straight gain. That broke the previous record win streak off 11 gains, which ended Jan. 8, 2021 and was matched on Friday. The electric vehicle giant’s stock had run up 33.6% over the previous 11 days, compared with a 37.4% gain during the January 2021 streak. The stock TSLA, +2.22% rose 2.2% Monday to $249.83, for the highest close since Sept. 30, 2022. It has climbed 36.7% during its current win streak. Daily gains during the streak have ranged…

© Reuters. FILE PHOTO: Representations of cryptocurrencies plunge into water in this illustration taken, May 23, 2022. REUTERS/Dado Ruvic/File Photo By Lisa Pauline Mattackal and Medha Singh (Reuters) – It’s a rough time to be an altcoin. Insecurity reigns. A slew of altcoins – a catch-all for most cryptocurrencies except bitcoin and ether – have been harpooned in lawsuits filed by U.S. regulators against exchanges Binance and Coinbase (NASDAQ:) last week, hammering the prices of the tokens. It’s big. Over 50 cryptocurrencies worth over $100 billion in total and making up about 10% of the overall market, are now viewed…

© Reuters. FILE PHOTO: People enter an inner-city IKEA store on its opening day in Stockholm, Sweden, June 30, 2022. REUTERS/Anna Ringstrom/File Photo By Helen Reid LONDON (Reuters) – IKEA is training call centre workers to become interior design advisers as the Swedish furniture giant aims to offer more home improvement services and hand run-of-the-mill customer queries to an artificial intelligence bot called Billie. In April, IKEA expanded its interior design services to the UK and United States, after previous launches in parts of Europe, Australia, the United Arab Emirates and elsewhere. In the UK, customers pay 25 pounds ($31.44)…

Raytheon Technologies bags $887.93M Navy contract modification

© Reuters. FILE PHOTO: Children play at Ferko Playground as Philadelphia Parks and Recreation summer camp begins at a limited capacity due to the coronavirus disease (COVID-19) outbreak in Philadelphia, Pennsylvania, U.S., July 6, 2021. REUTERS/Hannah Beier By Chris Taylor NEW YORK (Reuters) – For American kids, summer camps can conjure up some idyllic experiences: Canoeing on lakes, munching on s’mores by campfires. For parents trying to get their kids into popular camps, the vibe can be a little different: More like “The Hunger Games.” Just ask Ellen Sheng, a writer and editor whose local camp in Summit, New Jersey,…

© Reuters. HSBC Bank logo is seen in this illustration taken March 12, 2023. REUTERS/Dado Ruvic/Illustration/File Photo (Reuters) – HSBC has decided to wind-down its wealth and personal banking business in New Zealand, the bank website showed on Tuesday. The move comes after the London-listed bank last year said it was reviewing its retail banking business in New Zealand with a view to selling it.

© Reuters. FILE PHOTO: A general view of a solar park in-front of the Unterweser Nuclear Power Plant in Stadland, Germany August 26, 2022. REUTERS/Benjamin Westhoff/File Photo BERLIN (Reuters) – German demand for photovoltaic power systems is expected to grow at a double-digit rate this year with solar storage system installations by mid-year topping 2022’s total, the BSW solar power association said on Tuesday. Solar power systems are booming in Europe’s biggest economy as consumers seek alternatives to expensive fossil fuels following a drop in Russian supply last year. BSW said it expected new solar power installed capacity this year…

© Reuters. Investing.com–Most Asian currencies rose slightly on Tuesday, tracking some weakness in the dollar amid uncertainty over upcoming U.S. inflation data and a Federal Reserve decision on interest rates. The was the sole outlier for the day, falling 0.2% to an over six-month low after the People’s Bank of China trimmed a short-term lending rate, its first such move in 10 months.  The rate-sensitive was the best performer in the region, up 0.5%, while the added 0.1% ahead of a this week. Dollar creeps lower before slew of cues The dollar weakened in Asian trade, coming further off recent…

Former Gov. Chris Christie of New Jersey laced into Donald J. Trump on prime-time television on Monday night, casting the former president as an “angry” and “vengeful” man who bears responsibility for thrusting the nation into another extraordinarily divisive moment, after Mr. Trump became the first former president in American history to face federal charges.During a roughly 90-minute CNN town hall in New York, a high-energy and often-polished Mr. Christie leaned on his background as a former federal prosecutor, saying he believed the indictment was “a very tight, very detailed, evidence-laden indictment, and the conduct in there is awful.” Mr.…

Dear MarketWatch, Before I married my wife, she took out a mortgage on a home in El Paso, Texas so she and her mom could live in it. After we married, my mother-in-law stayed at the property and made the mortgage payments. She’s not in good health and my wife wants to sell the property. We never profited from the property as I considered it her mom’s home.   The home was purchased for $75,000 in 2005, but it was never kept up and it’s been neglected. I’m even afraid to walk in and see the mess. It’s in the process…