(Bloomberg) — Stock strategists who were wildly wrong about this year’s rally are finally starting to realize their mistake, raising year-end targets for the S&P 500 index. Most read on Bloomberg Take Societe Generale’s Manish Kabra, who last week raised his year-end target on the index to 4,750 from 4,300, 25% above his initial target…
Talks between Detroit’s three automakers and the United Auto Workers union continue Sunday, as 12,700 workers from three plants continue to demonstrate on the picket lines. UAW President Shawn Fain appeared Sunday morning on MSNBC and CBS’ “Face the Nation” after NBC reported that President Joe Biden was sending a team to Detroit earlier this…
Consumer Product Safety Commission Generac has recalled about 64,000 of its portable generators after reports of overheating leading to severe burns. CNN — In the midst of this year’s devastating hurricane season, with generators in demand, Generac Power Systems recalled about 64,000 of its portable generators after more than two dozen reports of overheating, some…
