The S&P 500 is closing in on its all-time high, and is likely to sail past it, as long as the Fed promises lower interest rates and the trade war calms down.Market Insiderread more
In a tweet, Trump said that he and Xi "had a very good telephone conversation," and that "our respective teams will begin talks prior to our meeting."Politicsread more
A Bloomberg News report Tuesday morning said the White House had looked at such a move in February.Marketsread more
President Donald Trump on Tuesday announced that he will not nominate acting Defense Secretary Patrick Shanahan to hold the position in a permanent capacity. Army Secretary...Politicsread more
Stocks surged after President Donald Trump said he will be meeting with his Chinese counterpart, Xi Jinping, at the upcoming G-20 summit.US Marketsread more
The move is part of a larger trend that saw the survey's 179 participants move away from risk and toward positions that reflect fear of a coming economic slowdown spurred by a...Marketsread more
Democratic frontrunner Joe Biden on Monday appealed to a billionaire Republican donor for fundraising help in his presidential campaign. But the financier, Trump-supporting...Politicsread more
Facebook and other groups are behind a new programming language for working with the Libra blockchain.Technologyread more
Tesla investors are regaining confidence in a quieter Elon Musk — even as they question the company's ability to hit its production goals for the second quarter.Autosread more
The major Wall Street analysts say Facebook's Project Libra has a bright future.Marketsread more
These are the stocks posting the largest moves midday.Market Insiderread more
May 29 (Reuters) - Tesla Inc has "a lot of catching up" to do in order to achieve a record quarter, news website Electrek reported https://electrek.co/2019/05/29/tesla-demand-deliveries-catch-up-record-quarter-e l o n - m u s k - l e a k e d - e m a i l on Wednesday, citing Chief Executive Officer Elon Musk's leaked email to employees.
"While our demand is strong, we have a lot of vehicle deliveries to catch up to in order to have a successful quarter," Musk wrote in the mail.
Tesla did not immediately respond to a request for comment.
(Reporting by Akanksha Rana in Bengaluru; Editing by Sriraj Kalluvila)