On Wall Street, stocks rose as shares of Apple led tech shares higher. J.P. Morgan initiated the stock with an overweight rating, setting its price target at $272 — 23 percent higher than the stock’s […]
Stocks and bonds seesawed as investors parsed the Fed’s message on Wednesday after Fed Chair Jerome Powell spoke to reporters. The Federal Reserve raised interest rates, as expected, by a quarter point, raised its economic […]
Tesla‘s board should thank Elon Musk for a “job well done,” and then politely ask him to step down as CEO, Bob Lutz, former vice chairman of General Motors, told CNBC on Friday. “The company […]
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