Tesla stock's 2024 journey: From a potential wreck to pedal to the metal

Homebuilder confidence was flat in December from the previous month and came in lower than analyst estimates amid uncertainty over how quickly mortgage rates will decline. The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index stayed at 46 in December, lower than economists’ estimates of 47, per Bloomberg data. Any reading under 50…

China’s retail sales missed expectations in November, adding to pressure on policymakers as they seek to restore confidence in the world’s second-largest economy. Retail sales rose 3 per cent, below both analyst forecasts of 4.6 per cent and a 4.8 per cent rise in October. Industrial production in November rose 5.4 per cent, slightly above…

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. South Korea’s President Yoon Suk Yeol has been impeached by the National Assembly following his failed attempt to impose martial law last week. Opposition parties, which command a majority in the legislature, only needed the…

If there is one thing that investors can expect when putting money to work in the energy sector, it is volatility. Oil and natural gas, as commodities, have a long history of swift, often dramatic price moves. This is why investors looking at the sector should probably consider sticking to the biggest and best companies,…

OpenAI CEO Sam Altman and Anduril Industries co-founder and CEO Brian Schimpf discuss the future of AI and the ethical use of technology on ‘Making Money.’ OpenAI CEO and co-founder Sam Altman opened up about Elon Musk’s feud with him and his view of how regulations related to artificial intelligence (AI) development should be framed. Altman…

Tomas Cuesta/Getty Images News A year into Javier Milei’s presidency, Argentina’s (ARGT) economy has undergone a dramatic transformation, avoiding a full collapse while embarking on unconventional reforms to tackle hyperinflation and fiscal instability. The Milei administration’s shock economic measures (that is, slashing government spending, halting monetary financing #Argentine #bank #stocks #attract #Wall #Street #success #Mileis…