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Tesla investors urged to vote against board members, to shareholder proposals through influential advisory services

Two prominent and influential proxy consulting firms are urging Tesla Inc investors. to vote against the re-election of two members of the Board of Directors, recommend defying the wishes of the company and vote for six out of eight proposals for shareholders. Tesla TSLA, + 0.04% He faces several employee controversies and is caught up …

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‘Savings will run out’: Already hit by rising inflation, Fed rate hike will hit low-income and rural Americans hard

The Federal Reserve raised its benchmark interest rate by 0.75 percentage points on Wednesday in an effort to cool rising costs of consumer goods and services. While economists say a rate hike will help cool consumer demand and hope to ease record high inflation, it will also increase the cost of borrowing for everything from …

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Stock market turmoil may not scare retail investors: ‘We’re not seeing investors respond in the usual way’

Surveys and buying data suggest that despite all the bearish dips so far this year, the stock market may not frighten many retail investors. A quarter (26%) of people said the stock market is the best place to spend money that they won’t need to tap for a decade, according to a new Bankrate.com survey. …

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