Moody's issues warning for U.S., Ford pauses EV investment, Powerball: Top Stories

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Moody’s Investors Service, last remaining major credit rating agency to have the U.S with a triple A rating, has issued a warning over the looming government shutdown, saying a shutdown would be 'credit negative.' Ford (F) is pausing work on a $3.5 billion dollar plant that would manufacture EV batteries. The pause comes after declining EV sales, worries over future tax credits, and increased offers to the autoworkers' union during ongoing negotiations. The Powerball lottery jackpot is inching closer to $1 billion dollars ahead of tonight's drawing, making it the 9th highest jackpot in history. If you have the lucky numbers, the payout will be $367 million dollars. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

You'll be surprised to learn that Dubai has these ten things...Fairfax Financial Holdings and another dirt-cheap Canadian stock well-equipped to run higher through 2024 and beyond! The post 2 Canadian Stocks That Could Soar Into 2024 appeared first on The Motley Fool Canada. -- A senior banker at Nomura Holdings Inc. has been barred from leaving China in a move connected to a long-running investigation of a top dealmaker in the country, the Financial Times reported.

Most Read from BloombergIndians Have Five Days to Deposit $3 Billion in Soon-to-Be-Withdrawn BanknotesChinese Gold Buying Is Driving a Paradigm Shift in BullionIndia-Canada Clash Should Be a Wake-Up CallBonds Fall, Dollar Jumps as Fed Messaging Digested: Markets WrapHollywood Screenwriters Rea -- What determines the price of gold? For much of the past decade the answer was easy: the price of money. The lower rates fell, the higher gold climbed, and vice versa.

 

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