-Lucid Group said on Friday it would reduce its workforce by 6%, or around 400 employees, as the electric vehicle industry grapples with slower growth.The company expects to incur a total of around $21 million to $25 million in charges related to the workforce reduction plan and expects to complete the process by the end of the third quarter of 2024.
A high-yield TSX dividend stock is a buying opportunity for long-term investors. The post 1 Magnificent TSX Dividend Stock Down 9% to Buy and Hold Forever appeared first on The Motley Fool Canada.The Bank of Canada may dash hopes of a June interest rate cut and instead move in July, which will give it seven more weeks of key data to confirm the recent trend of a slowing economy and continued easing of inflation, some economists said.
Asian shares were mostly lower Friday after Wall Street retreated following strong economic reports that raised the possibility of interest rates staying painfully high. -- Toronto-Dominion Bank and its US money-laundering woes are set to dominate the start of Canadian bank earnings season this week.
Consumer staples stocks are a core part of a diversified portfolio. Here are some of the best stocks to consider now! The post Best Stocks to Buy in May 2024: TSX Consumer Staples Sector appeared first on The Motley Fool Canada.The individual who holds the top spot in the White House come Jan. 20, 2025, will have the power to enact financial policies that could affect America's retired population. While we don't know who...