Wall Street rose as minutes from the Federal Reserve meeting and a revision to payrolls data raised hopes of a rate cut.
Traders work on the floor of the New York Stock Exchange during morning trading on August 20, 2024 in New York City.This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribemoved closer to an anticipated interest rate cut
Get the CNBC Daily Open report in your inbox every morning and keep up to date with the markets wherever you are.and shift to hybrid technology probably shouldn't come as a surprise. Consumers aren't particularly enamored by the prospect of paying premium prices for vehicles with limited range, whose
OPEC projects that demand will rise to 116 million barrels per day by 2045, while the IEA predicts a peak at 105.6 million barrels within the next five years. OPEC Secretary General Haitham Al Ghais criticized the IEA's report as "half of the vehicles on the road by 2040 Saudi Arabia, however, does not want to miss out on EVs, and is also investing in pure electric ventures, such as
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