People walk by electric truck maker Rivian’s newly opened storefront in the Meatpacking District of Manhattan on June 23, 2023 in New York City. Spencer Platt | Getty Images Check out the companies making headlines in midday trading. Electric vehicles — Electric vehicle makers such as Rivian Automotive surged following Tesla’s better-than-expected second-quarter production and
Month: July 2023
After the Supreme Court struck down the Biden administration’s plan to wipe away about $430 billion in student loan debt, many borrowers are now scrambling to figure out exactly when their next payment is due, how much they owe and whether they’ll be able to afford that bill. President Joe Biden has promised to continue
The IRS is warning taxpayers about a new scam involving tax refunds. Here’s how the scam works. Fraudsters are mailing taxpayers what looks like a cardboard envelope from a delivery service. The accompanying letter—complete with a fake IRS masthead—suggests that the notice is “in relation to your unclaimed refund.” The letter includes bogus contact information
In this photo illustration, the Tesla, Inc. logo is displayed on a smartphone screen. Rafael Henrique | Lightrocket | Getty Images Check out the companies making headlines in premarket trading. Tesla — Tesla shares popped nearly 7% after the electric vehicle company posted second-quarter delivery and production numbers that topped Wall Street’s expectations. Deliveries rose
vgajic | E+ | Getty Images Recent events have prompted investors and businesses to begin redeploying their savings in order to generate greater yield while protecting their principal. Their options include traditional means such as money market funds or short-duration Treasury bills and more volatile stores of value, such as gold. Some investors have even
Forbes Global Properties The explosion of views from this modern waterfront condominium on Norway’s island of Tromsøya is a feast for the eyes: the ocean, fjords, the iconic church known as the Arctic Cathedral and majestic mountains. Yet, despite the feeling of being enveloped by awe-inspiring beauty, the harborfront setting in old town Tromsø is
Hundreds of 1199SEIU health care workers staged a rally and sit to block 3rd avenue where some were arrested. They protested against health care cuts in Governor Kathy Hochuls budget on Medicare. Lev Radin | Lightrocket | Getty Images Medicare on Friday said it will allow pharmaceutical companies to publicly discuss the program’s historic drug
Pan Gongsheng was named party secretary of the People’s Bank of China on July 1, 2023. Vcg | Visual China Group | Getty Images BEIJING — The People’s Bank of China announced Saturday that Pan Gongsheng, head of the country’s foreign exchange regulator, would become the central bank’s party secretary. In a country ruled by
A fan of Neymar Jr. made headlines last week when he declared that he was leaving his estate to the football phenom. The anonymous fan told the online newspaper Metrópoles that, in addition to his love for the Brazilian national team, he identified with the Paris Saint-Germain striker. He said, in an interview, “I like
The local shopping malls of the Nixon era proved a lure too tempting to resist for millions of 1970s teens and young adults. The mammoth monuments to consumerism were besieged by youthful Baby Boomers, who shelled out hard-earned greenbacks at stores like Radio Shack, Just Jeans, The Limited, Kinney Shoes and Musicland. When hunger stirred,
In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT ESPN Chairman Jimmy Pitaro Steve Zak Photography | FilmMagic | Getty Images Disney’s ESPN on Friday is informing about 20 of its on-air personalities that they will no longer appear on any of the network’s platforms. Cuts include former National Basketball Association head coach and
An image of Warren Buffett at the Berkshire Hathaway Shopping Day, May 5, 2023. Yun Li | CNBC Shrewd business legend Warren Buffett has a whimsical side, buying companies whose products he personally enjoys like Dairy Queen and See’s Candies. Now count plush toy phenomenon Squishmallows. Squishmallows made its Berkshire Hathaway annual meeting debut this
For savvy investors, there could be opportunities in real estate as properties in the current market dip in value. Collectively, prices for all types of property have fallen during the last months, as reported by CoStar. We can expect some owners to look to sell later this year, based on their difficulty to make financial
In this article FOXA Follow your favorite stocksCREATE FREE ACCOUNT The News Corporation headquarters, which is also home to Fox News, stands in Manhattan on April 18, 2023 in New York City. Spencer Platt | Getty Images Fox News has settled another lawsuit, this time with a one-time producer for former primetime host Tucker Carlson.
For Barbara Corcoran, real estate expert and star of ABC’s “Shark Tank,” success is no longer about money. But the very first time Corcoran felt successful was the day she first made a profit. “I made $77,000 running my brokerage firm. I had never made a profit. And I thought, ‘What do I do with
In this article ARX-CA CRK CEQP PR BIR-CA VTLE Follow your favorite stocksCREATE FREE ACCOUNT Rafael Henrique | Lightrocket | Getty Images The basic materials sector closely follows economic trends. As fundamental macro factors play such a crucial role in driving the group, one needs a keen eye to identity top investment opportunities among the
By nearly every measure, buying a car has become extremely expensive. Not only are new vehicle prices near an all-time high, but the interest rate to finance a purchase has also jumped dramatically. Now, fewer affordable new cars even hit the market, according to recent reports. Today, new cars priced under $30,000 make up just
Did you know there is still a place in the U.S. that requires you to sit in your car and wait for an attendant to pump your gas? It’s called New Jersey, and when Oregon passed a bill last week ending its 72-year ban on self-service gas in parts of the state, it left the
Tuesday is America’s 247th birthday and millions of homeowners will be celebrating with parties on their property. Independence Day is usually associated with hot dogs, hamburgers, fireworks, outdoor games and red, white and blue party décor – all fun stuff! But it’s also the most dangerous American holiday of the year, according to the health
In this article LOW HD Follow your favorite stocksCREATE FREE ACCOUNT Some landscaping crews have begun to use battery-powered tools. California-based Everthrive Landscape is one of the companies that’s switched to the equipment. Courtesy of Everthrive Landscape The auto industry isn’t the only one going electric. In Home Depot and Lowe’s, one of the buzziest