China's Vice President Han Zheng Meets With Tesla CEO Elon Musk in Washington D.C.

Elon Musk Meets with Chinese Vice President Han Zheng

Chinese Vice President Han Zheng met with Tesla CEO Elon Musk and other members of the U.S. business community in Washington D.C. on Sunday, according to Xinhua News Agency. Han welcomed Tesla and other U.S. companies to invest in China and contribute to economic growth between the two countries. U.S. President-elect Donald Trump invited Chinese President Xi Jinping to attend the inauguration after winning last year's presidential election. Xi sent Han in his place.

The Economy Is Slowing Down, and the Market Is Ignoring It

The market is trading near record highs, but concerning economic trends suggest a slowdown. Economic growth is slowing, the consumer is softening, housing is weak, and government spending is slowing. The Fed's pause in rate cuts, in a slowing economy, is de facto raising rates. Long-term rates and stocks are expected to fall.

Published on: February 25, 2025, 05:03 PM UTC

Mortgage Rates Today: Interest Rates Drop on Most Terms

Interest rates decrease on most mortgage terms today. Zillow reports that the 30-year fixed rate is down by four basis points to 6.50%. Today could be a good day to interview real estate agents, shop for mortgage lenders, or go for house hunting.

Published on: February 22, 2025, 12:01 PM UTC

CVS Cuts Bonuses Amid Medicare Woes

CVS Health has cut bonuses for some employees due to low profit levels in 2024, driven by higher costs in Medicare plans and increased healthcare expenses.

Published on: February 22, 2025, 12:00 AM UTC

Corporate Retreat From Diversity Programs Intensifies

Corporate Diversity Programs Face Rollbacks Amid Changing Landscape

Published on: February 21, 2025, 09:02 PM UTC

Akamai Stock Falls 20% on Weak Earnings; Is It a Buy?

Akamai (AKAM) stock dropped 20.3% after reporting weak Q4 results, with revenue guidance signaling a slowdown in demand. Revenue grew only 3% YoY, overshadowed by an 18% drop in delivery revenue. Adjusted operating profits and earnings beat expectations, but the full-year outlook implies only 2.7% revenue growth.

Published on: February 21, 2025, 09:00 PM UTC

China's Vice President Han Zheng Meets With Tesla CEO Elon Musk in Washington D.C.

Related Posts

The Economy Is Slowing Down, and the Market Is Ignoring It

Mortgage Rates Today: Interest Rates Drop on Most Terms

CVS Cuts Bonuses Amid Medicare Woes

Corporate Retreat From Diversity Programs Intensifies

Akamai Stock Falls 20% on Weak Earnings; Is It a Buy?

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