The Rise of Electric Vehicles, Oil Demand Decline, and Federal Reserve's Interest Rate Hold (+5 more stories)

The Daily Business & Finance Show · Jun 14, 2023 · 7m

The Daily Business and Finance News Show - Wednesday, 14 June 2023

Today's headlines:

Electric vehicles can take a victory lap with ICE dominance in the rear-view mirror

Oil demand to slow sharply by 2028, putting peak in sight - IEA

Federal Reserve holds interest rate steady in June, skipping a hike

'Nearly all' Fed policymakers see more hikes appropriate this year: Jerome Powell press conference

UnitedHealth drags on managed care after comments on medical costs

Target gains amid activist investor speculation

Nasdaq, S&P, Dow end mixed on 'hawkish' Fed dot plot, 'moderate' Powell conference…