Stellantis plans to offer a $25,000 all-electric Jeep vehicle in the U.S. “very soon” to better attract mainstream consumers amid slower-than-expected electric vehicle adoption, CEO Carlos Tavares said Wednesday. Tavares disclosed few details about the upcoming vehicle, saying it will be priced around $25,000 in the U.S. to emulate Stellantis’ pricing…
The world is mired in $315 trillion of debt, according to a report from the Institute of International Finance. This global debt wave has been the biggest, fastest and most wide-ranging rise in debt since World War II, coinciding with the Covid-19 pandemic. “This increase marks the second consecutive quarterly rise and was…
Cancer is often regarded as a disease of the modern age. However, medical texts from ancient Egypt indicate that healers of the time were aware of the condition. Now, new evidence from a skull more than 4,000 years old has revealed that ancient Egyptian physicians may have tried to treat certain…
Thailand’s former Prime Minister Thaksin Shinawatra has been indicted on lese majeste charges, authorities said Wednesday, the latest twist in a decades-long political saga in the Southeast Asian kingdom. The case, filed by police, alleged Thaksin violated Thailand’s notoriously harsh royal insult law during an interview he gave in 2015 to the…
Indian Prime Minister Narendra Modi is increasingly resorting to overtly Islamophobic language during his election campaign, critics and observers say, as he seeks a third straight term governing the world’s most populous nation. As turnout in the polls so far shows a slight dip from five years ago, the popular…
American Tyler Wenrich was sentenced to three weeks in jail and fined Tuesday after he had pleaded guilty earlier this month to possession of ammunition while traveling to Turks and Caicos. The Virginia resident was fined $9,000, Kimo Tynes, the director of communications for the Government of the Turks and…
Pope Francis allegedly told Italian bishops to not permit gay men to train for the priesthood, with two Italian newspapers claiming that the 87-year-old pontiff made a homophobic slur in a closed-door meeting last week. Citing sources from inside the meeting, the Corriere della Sera and La Repubblica newspapers reported…
Hong Kong police have made their first arrests under a newly passed local national security law over social media posts deemed “seditious” by authorities, just days ahead of the 35th anniversary of the Tiananmen Square massacre. The city’s national security police on Tuesday arrested six people on suspicion of committing…
In this edition of StockCharts TV‘s The Final Bar, Dave welcomes Tony Zhang of OptionsPlay. Tony shares three stock ideas showing favorable risk/reward characteristics as the S&P 500 index treads water above support at 5250. David describes the deteriorating market breadth conditions and reviews charts of XLE, NVDA, FCX, SNPH, and F.…
As we approach the highly anticipated results of India’s general elections on Tuesday, June 4, market volatility is expected to be at its peak. Exit polls, scheduled for Saturday, June 1, will likely add to the market’s uncertainty, causing significant fluctuations in the Nifty and BankNifty indices. Investors and traders…