Hyundai is making a huge move in the United States. The South Korean company is planning to invest a massive 21 billion dollars in the US. This is a big deal, and it's not just about building cars. Hyundai is looking to create jobs, boost production, and dive into some cutting-edge technology. Fir
A major shift is happening in the world of payments. JPMorgan Chase is teaming up with Affirm, a fintech lender. This partnership will allow merchants using JPMorgan's payment system to offer Affirm's installment loan services. In simple terms, shoppers will have another way to pay for their purcha
Consumer optimism has hit a low point not seen since the start of 2021. This shift in sentiment is largely due to growing fears of higher inflation and an impending recession. The uncertainty surrounding President Donald Trump's trade policies has left consumers, businesses, and investors in a state
Tesla's electric vehicle sales in Europe have seen a dramatic decline. In the first two months of this year, sales dropped by nearly half compared to the same period last year. This downturn occurred despite a significant increase in the overall electric vehicle market in Europe. The European Aut
In the European Union, the electric vehicle (EV) market is buzzing. However, Tesla, a major player in the EV world, is facing a tough time. February saw a significant drop in Tesla's new car registrations. This is the second month in a row that Tesla's sales have taken a hit in the EU. The numbe
Consumer confidence took a hit in March. This drop happened as President Trump's tariffs shook up the market and sparked fears of a recession. The Conference Board's survey showed that people's outlook worsened more than experts predicted. This was the fourth straight month of declining sentiment.
China has freed all workers from an American company that checks risks for businesses. This move comes as China tries to attract more foreign investors to boost its economy. The company, known as the Mintz Group, had its staff detained in Beijing about two years ago. The firm's work involves invest
Robinhood has been called out by Massachusetts regulators for its new prediction markets hub. This hub allows users to bet on various events, including college basketball games. The Secretary of the Commonwealth, Bill Galvin, has sent a subpoena to Robinhood, seeking information about the hub's laun
Amazon is gearing up for its Big Spring Sale, a week-long event starting March 25, 2025. This sale is Amazon's spring version of Prime Day, but it's not as big. It's all about seasonal items, from clothes to gardening tools, and even tech gadgets. It's the second time Amazon is doing this, after sta
The streaming industry has been buzzing with talk about how Netflix, Spotify, and Roku might handle economic ups and downs. These companies, known for their subscription-based models, are seen as strong contenders in uncertain times. The idea is that people will still want to stream their favorite s
