BMW Targets 8,000 Job Cuts With New Voluntary Severance Package

Watch For These Credit Signals In This Week's Big Bank Earnings Authored by Lance Roberts via RealInvestmetAdvice.com, Price closed Friday at 7,575, sitting 1.86% above its rising 50-day moving average near 7,429 and a healthy 8.7% above the 200-day average at roughly 6,960. Both averages slope higher, and the price is above both. That is a bullish structure, full stop. The 14-day RSI reads 59, which is firmly neutral with room to run before it flashes overbought, and the MACD remains in a positive posture with the signal line trailing below....

Tesla Posts Strong Registration Growth Across Europe In May Tesla showed signs of regaining momentum in Europe during May, posting strong registration growth across several major markets, according to Reuters. New registrations climbed to 1,750 vehicles in Denmark (+136%), 1,690 in Spain (+113%), and 858 in Sweden (+71%), based on data released by local industry groups. Reuters writes that the trend extended across the region. Norway recorded 3,345 Tesla registrations, up 29% from a year earlier, while France saw registrations rise to 5,446 vehicles—more than seven times last year's level. The gains come...

'The Financial Equivalent Of All Out Nuclear War': Jim Rickards Says 'Yentervention' Is The Biggest Story In The World Via Greg Hunter’s USAWatchdog.com, Eight-time, best-selling financial author Jim Rickards is warning of a financial calamity already underway that Treasury Secretary Scott Bessent is trying to contain.  It is the Japanese yen carry trade where the US Treasury is propping up the yen’s value.  Is the yen carry trade coming to a halt and can it blow up things?  Rickards says, “The answer is yes and yes..." "Somebody wrote me and asked if the yen carry trade is...