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Economy

“Toyota Chairman Says People Are Finally Seeing the Reality About EVs” [Unrealistic]

“Toyota Motor Chairman Akio Toyoda, when asked about electric-vehicle challenges including a recent lull in U.S. demand, said the industry was coming to recognize that there isn’t a single answer to reducing carbon emissions…” https://www.wsj.com/business/autos/toyota-chairman-says-people-are-finally-seeing-the-reality-about-evs-31f1669c?siteid=yhoof2 Everyone should know you are the carbon… Continue Reading…

Economy

“Supply chain chaos to persist through to next summer, Siemens chairman says”

“…Businesses and consumers around the world are currently facing lengthy delays on products and materials because of supply chain issues. Speaking to CNBC’s Annette Weisbach on Tuesday, Snabe said: “Right now, we have congestion primarily in the West Coast of… Continue Reading…

Business, Stocks

“Robinhood Stock Drops After SEC Chairman Warns on Payment for Order Flow”

“…Robinhood shares closed 6.9% lower after Barron’s published an interview with SEC Chairman Gary Gensler in which he said a full prohibition of payment for order flow was “on the table” as part of a broader agency review. Robinhood’s stock was briefly… Continue Reading…

Banking, Business, Economy

“[P.O.T.U.S.] Calls for a Big Fed Rate Cut, Again Criticizes Central Bank Chairman”

“President Trump on Monday called for the Federal Reserve to sharply cut interest rates and again criticized the central bank’s chairman for a “horrendous lack of vision,” while reiterating his belief that the U.S. economy is strong.” https://www.wsj.com/articles/trump-calls-for-a-big-fed-rate-cut-again-criticizes-central-bank-chairman-11566230832