MOSCOW (Reuters) – President Vladimir Putin urged the Russian government on Wednesday to control car prices, as one industry head said Western sanctions could send annual sales crashing to below 1 million for the first time since records began. Auto sales have fallen over 60% so far this year, and may end up being less than a quarter of what they were a decade ago, according to Maxim Sokolov, head of Russia’s top carmaker Avtovaz. Some of this year’s drop is due to the pullout of foreign… Source link

Listen to the article 3 min This audio is auto-generated. Please let us know if you have feedback. Google is continuing to explore a consumer-facing health record, more than a year after first launching a user feedback program, according to Chief Health Officer Karen… Source link

U.S. stock futures slumped Wednesday morning as Wall Street weighed an earnings warning from retail bellwether Target against government retail sales data that showed robust consumer spending ahead of the key holiday season. Futures tied to the S&P 500 (^GSPC) and Dow Jones Industrial Average (^DJI) hovered below the flatline, while contracts on the technology-heavy Nasdaq Composite (^IXIC) were off by 0.2%. The Commerce Department said Wednesday retail sales jumped 1.3% in October as… Source link

Genesis Trading, one of the largest crypto lending institutions, said it’s temporarily suspending redemptions and new loan originations in its lending business. The development is one more blow to crypto credit markets and sent bitcoin’s value down. The company said on a Wednesday call with clients that it’s working to find a solution for its lending business and is pushing to present proposals next week. The announcement comes as yet another ripple effect from the bankruptcy of major crypto… Source link

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Vancouver, Kelowna, and Delta, British Columbia–(Newsfile Corp. – November 16, 2022) – Investor Ideas Investorideas.com, a leading investor resource covering EV stocks releases a special news report on the continued growth within the sector, despite supply chain and resource issues. As the sector gains more momentum, more competition is coming to market up against favored EV manufacturer Tesla, from both domestic and international companies. Read the full EV stocks article on… Source link

Target stores are getting looted, and it’s taking a huge bite out of profits. The discount retailer told reporters on a call to discuss its third quarter earnings results that inventory shrinkage — or the disappearance of merchandise — has reduced its gross profit margin by $400 million so far in 2022. “There’s a handful of things that can drive shrink in our business and theft is certainly a key driver,” Target CFO Michael Fiddelke said. “We know we’re not alone across retail in seeing a… Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Wednesday, Nov. 16, 2022 Today’s newsletter is by Brian Sozzi, an editor-at-large and anchor at Yahoo Finance. Follow Sozzi on Twitter @BrianSozzi and on LinkedIn. Read this and more market news on the go with Yahoo Finance App. Trust is a vital element in investing — stocks, bonds, you name it. I trusted Walmart when it reported Tuesday that… Source link

The RSM Classic St. Simons Island, GeorgiaSea Island Golf Club (Seaside Course) – Par 70 – 7,005 yardsSea Island Golf Club (Plantation Course) – Par 72 – 7,060 yardsField – 156 entrantsPurse – $8.1M The Preview The “GOLF” icon in Yahoo’s DFS lobby is emboldened one final time in 2022 as the RSM Classic serves as your final chance to grind out a cut sweat until after the turn of the calendar year. Sea Island Golf Club’s Seaside Course once again plays host to the event, with the Plantation… Source link

Search Console is a free Google tool that helps you monitor and fix problems with your site’s performance in Google search results. You can get a lot of helpful information from Google Search Console to guide your SEO efforts. But is it a ranking factor? Let’s dig in. The Claim: Google Search Console As A Ranking Factor While the tool doesn’t give us access to every detail about what is going on behind the scenes, it certainly shares a great deal of information on how to help Google… Source link