US new car sales rose to five-year high in 2024, helped by hybrids

US new car sales rose to five-year high in 2024, helped by hybrids

U.S. new-car sales in 2024 continued to rise from their pandemic lows, bolstered by replenished inventories, higher incentives and surging demand for hybrid vehicles, automakers reported on Friday. Sales are expected to near 16 million vehicles, the highest level since 2019, with General Motors defending its 2023 sales crown. Automakers are projecting strong results to … Read more

Silver has outperformed gold in May. Is it the next big thing to bet on?

Silver has outperformed gold in May. Is it the next big thing to bet on?

Silver is possibly the most sought-after metal in the market right now. It is trading between `91,000-95,000 per kg. In fact, it has outperformed both gold and the BSE Sensex in May. This surge can be attributed to several factors, including the ripple effect of high gold prices leading to an increased demand for silver. … Read more