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Wednesday, November 3, 2021

Stock futures seek direction with Fed's decision on tap


Stock futures seek direction with Fed's decision on tap



U.S. stock futures were little changed Wednesday morning as traders await the Federal Reserve’s latest policy decision.

Tech investor on Hertz ordering EVs: 'Everyone's trying to hitch their wagon to Tesla'


Tech investor on Hertz ordering EVs: 'Everyone's trying to hitch their wagon to Tesla'



Jay Jacobs, head of research and strategy at Global X ETFs, weighs in on Hertz reportedly ordering 100,000 Tesla vehicles to its rental fleet, arguing that 'everybody wants to be a part of this electric vehicle movement.'

Biden's spending plan could cost up to $4T, Penn Wharton analysis shows


Biden's spending plan could cost up to $4T, Penn Wharton analysis shows



President Biden unveiled a revised framework last week for a modified social spending plan that imagines spending close to $1.75 trillion over the next decade, but a new analysis released Tuesday suggests the actual price tag is far higher.

California city considers offering highest minimum wage in the nation: 'Can't survive it'


California city considers offering highest minimum wage in the nation: 'Can't survive it'



The West Hollywood City Council in California is considering increasing the minimum wage to the highest in the nation: $17.64 an hour.

Chip crisis: Christmas shoppers face disappointment, Arm boss warns

The unprecedented chip shortage means many won't get the presents they want for Christmas.

from BBC News - Business https://ift.tt/3BEDXVy

Stock futures pause ahead of Fed decision


Stock futures pause ahead of Fed decision





Average house price now more than £250,000, says Nationwide

Property prices have risen by 9.9% in the last year, the Nationwide says, but a slowdown is expected.

from BBC News - Business https://ift.tt/3bDCq7C

Petrol and diesel prices hit highest since 2022

The cost of filling up a vehicle has rebounded, according to the RAC, as oil prices remain elevated. from BBC News https://ift.tt/rlLS8DK