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This 'highly anticipated' Frosty flavor is now on Wendy's menus

This ‘highly anticipated’ Frosty flavor is now on Wendy’s menus

Wendy’s is adding a new Frosty to its lineup — its first new flavor in nearly three years.Beginning Monday, a strawberry Frosty is on U.S. menus for a limited time. Prices for the new Frosty vary by city, and strawberry is temporarily replacing vanilla — though Wendy’s promised that flavor will return following the promotion.Strawberry …

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Traders think Bitcoin bottomed, but on-chain metrics point to one more capitulation event

Traders think Bitcoin bottomed, but on-chain metrics point to one more capitulation event

The bull market euphoria that carried prices to new highs throughout 2021 has given way to bear market doldrums for any Bitcoin (BTC) buyer who made a purchase since Jan. 1, 2021. Data from Glassnode shows these buyers “are now underwater” and the market is gearing up for a final capitulation event.  Bitcoin net unrealized …

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Amazon stock split may draw retail traders in tough market

Amazon stock split may draw retail traders in tough market

The logo of Amazon is seen at the company’s logistics center in Bretigny-sur-Orge, near Paris, France, December 7, 2021. REUTERS/Gonzalo Fuentes/Files Register now for FREE unlimited access to Reuters.com Register NEW YORK, June 6 (Reuters) – Amazon’s (AMZN.O) stock split may provide some solace to shareholders who have seen the e-commerce giant’s shares battered this …

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Solid Power begins solid-state battery pilot before testing with Ford and BMW in late 2022

Solid Power begins solid-state battery pilot before testing with Ford and BMW in late 2022

EV-scale solid-state battery cells have come one step closer to reality in Louisville, Colorado, where Solid Power announced it will begin pilot manufacturing of solid-state cells. The completed installation of the production pilot line will allow Solid Power to produce silicon anode, solid-state battery cells for internal testing before delivering them to automotive partners BMW and Ford …

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Signs are growing of a top in both inflation and job gains

Signs are growing of a top in both inflation and job gains

The U.S. economy looks to be on the verge of hitting two highs simultaneously — peaks in inflation and job creation that could be important influences on the path of monetary policy. May’s nonfarm payrolls report corroborated other recent evidence that while the jobs market remains strong, future gains could be tempered. At the same …

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Considering an adjustable rate mortgage? Be sure you fully understand the risks

Considering an adjustable rate mortgage? Be sure you fully understand the risks

Lifestylevisuals | E+ | Getty Images When interest rates rise, it’s common for some homebuyers to explore whether an adjustable rate mortgage would make sense for them. With an ARM, as it’s called, the appeal is its lower initial interest rate compared with a traditional 30-year fixed-rate mortgage. Yet down the road, that rate can …

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Sony and Honda's Joint Venture Could Produce a New Brand

Sony and Honda’s Joint Venture Could Produce a New Brand

Photo: Behrouz Mehri (Getty Images) Back in March, Sony and Honda jointly announced an initiative to come together for the “development and sales of high value-added battery electric vehicles.” This company doesn’t yet have a name, but according to Sony CEO Kenichiro Yoshida, both parties have agreed it should stand on its own. From Nikkei …

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LME hit by $450mn lawsuit from Elliott Management over nickel market chaos

LME hit by $450mn lawsuit from Elliott Management over nickel market chaos

US hedge fund Elliott Management is suing the London Metal Exchange for more than $456mn over its decision to cancel nickel trades in March after an unprecedented surge in the price of the metal. The judicial review claim was filed against the LME and its clearing house last week, according to a statement issued on …

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Gold loses early gains as greenback, U.S. Treasury yields push higher

Gold loses early gains as greenback, U.S. Treasury yields push higher

Editor’s Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today’s must-read news and expert opinions. Sign up here! (Kitco News) – Gold prices are modestly down in midday U.S. trading Monday, while silver is holding mild gains. Both metals …

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