Lucid shares drop as EV maker misses second-quarter deliveries

Shares of Lucid (LCID) fell after the luxury electric car maker said second-quarter deliveries fell short of Wall Street expectations. Lucid said it produced 2,173 vehicles in the quarter, delivering 1,404 vehicles in the quarter, below Wall Street’s forecast of 1,873. In the first quarter, Lucid delivered 1,406 cars and produced 2,314. This means that […]

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Minnesota finance chief to resign

The Minnesota state government is undergoing personnel changes at the top of the Treasury Department. Minnesota Management and Budget Commissioner Jim Showalter is set to leave his position in mid-August. Showalter was replaced by deputy secretary Erin Campbell, according to a statement from the Waltz administration, which Waltz said had shown “steady leadership and tireless […]

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Small trade finance lenders under UK regulator’s financial crime microscope

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Financial Focus: Retirees – Discussing Finance with Grown Up Children – Claiborne Progress

Financial Focus: Retirees – Discussing Finance with Grown Up Children Published at 9:34 am on Wednesday, July 12, 2023 Like any retiree, you will likely have financial worries after you retire. However, if you invest regularly and follow a long-term financial strategy, you should be able to handle most issues you face. But there is […]

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G7 Announces Long-Term Security Commitment to Ukraine

Receive free updates on the Ukrainian War I will send myFT Daily Digest E-mail summarizing the latest information war in Ukraine News every morning. The G7 countries have agreed on a joint framework to provide long-term security for Ukraine, with the aim of turning it into a military fortress to repel Russian aggression, and President […]

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Rikka Purla: Finnish Finance Minister apologizes for racist and violent comments made online in 2008

Roni Recomaa/Bloomberg/Getty Images Finnish Finance Minister Riekka Pulla apologized after making racist remarks in 2008. CNN — Finnish Finance Minister Rikka Purla recently apologized after a racist remark in 2008 came to light online. The leader of the far-right Finnish party said his comments so far were “stupid” and he regretted the damage they had […]

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Goal Solutions revolutionizes transparency and risk management in structured finance

A reporting portal that presents complex data in a visually intuitive and interactive way, giving investors a comprehensive view of the performance of a structured product portfolio. San Diego, July 12, 2023 /PRNewswire/ — In response to a common challenge faced by investors in the structured finance industry, Goal Solutions has launched an innovative solution, […]

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5 Books That Capture 40 Years of Advanced Financial Culture ‹ Literary Hub

The financial industry has changed a lot in the last 40 years. Suspenders turned into fleece vests, cocaine was traded for green juice, and floor trades were subsumed into zeros and ones. And a lot hasn’t changed. For example, greed is wall street‘s Gordon Gecko infamously proclaimed it was, was, and always will be “good.” […]

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