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BOJ sticks to ultra-easy monetary policy amid high uncertainties; yen tumbles

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BOJ sticks to ultra-easy monetary policy amid high uncertainties; yen tumbles

Kazuo Ueda, governor of the Bank of Japan (BOJ), gestures as he speaks during a news conference at the central bank’s headquarters in Tokyo, Japan, on Tuesday, Oct. 31, 2023. Kiyoshi Ota | Bloomberg | Getty Images Japan’s central bank left its ultra-loose monetary policy unchanged at its final meeting this year, a move that … Read more

Tesla to raise pay rate for hourly Nevada Gigafactory workers in Jan.

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Tesla to raise pay rate for hourly Nevada Gigafactory workers in Jan.

Tesla has informed workers at its battery factory in Sparks, Nevada, that some set-rate hourly workers there will see pay increases around 10% starting in early January 2024. According to internal materials seen by CNBC, and workers at the plant who were informed of “cost of living adjustments,” Tesla will bump hourly workers from $20 … Read more