Former U.S. President and Republican presidential candidate Donald Trump speaks during an election night event at the West Palm Beach Convention Center on Nov. 6, 2024. Jim Watson | Afp | Getty Images President-elect Donald Trump‘s victory means higher individual taxes, including levies on investments, are less likely for top earners, experts say. Vice President
Month: November 2024
The Federal Reserve Building in Washington, D.C. Joshua Roberts | Reuters The Federal Reserve announced it will lower its benchmark rate bya quarter point, or 25 basis points, days after President-elect Donald Trump won the 2024 election. Economic uncertainty was a prevailing mood heading into Election Day after a prolonged period of high inflation left many
In this article LCID Follow your favorite stocksCREATE FREE ACCOUNT Brand new Lucid electric cars sit parked in front of a Lucid Studio showroom in San Francisco on May 24, 2024. Justin Sullivan | Getty Images Lucid Group slightly beat Wall Street’s third-quarter expectations as the electric carmaker cuts costs ahead of plans to begin
In this article RIVN Follow your favorite stocksCREATE FREE ACCOUNT Rivian Automotive lowered its earnings forecast for the year after missing Wall Street’s third-quarter expectations, including a significant miss in revenue. Here’s how the company performed in the quarter, compared with average estimates compiled by LSEG: Loss per share: 99 cents adjusted vs. a loss of
Jeffrey Gundlach speaks at the 24th Annual Sohn Investment Conference in New York, May 6, 2019. Adam Jeffery | CNBC DoubleLine Capital CEO Jeffrey Gundlach said Thursday that interest rates could shoot higher if Republicans end up controlling the House, securing a governing trifecta that gives President-elect Donald Trump free rein to spend as he pleases. Gundlach, a
Semi-retirement has significant advantages for your financial security, health, and enjoyment of life. It’s a powerful strategy to consider as you approach your retirement years, or even if you’ve recently retired. Let’s take a look. What Is Semi-Retirement? Semi-retirement is when you transition from full-time paid work to part-time paid work instead of retiring completely
Some consumers have been weighed down by a “vibecession” for a while now — and those feelings might get worse, experts say. A vibecession is the disconnect between consumer sentiment and economic data, said Kyla Scanlon, who coined the term in 2022. Scanlon is the author of “In This Economy? How Money and Markets Really
Attendees cheer as a broadcast of former US President and Republican presidential candidate Donald Trum speaking at his Florida election party is shown on a screen at the Nevada GOP election watch party in Las Vegas, Nevada on November 6, 2024. Ronda Churchill | Afp | Getty Images Wall Street dealmakers and corporate leaders expect
In this article WBD Follow your favorite stocksCREATE FREE ACCOUNT Jakub Porzycki | Nurphoto | Getty Images Warner Bros. Discovery said Thursday its streaming platform Max added 7.2 million global subscribers in the third quarter. It marked the biggest quarterly growth for the streaming platform since its inception. Max now has 110.5 million subscribers as
A flag stall at the Yiwu Wholesale Market in Zhejiang province, China, on May 10, 2019. Aly Song | Reuters BEIJING — China emphasized the need for greater cooperation with the U.S., a day after it became clear President-elect Donald Trump would become the next leader of the White House. “The Chinese side is willing,
In this article DJT Follow your favorite stocksCREATE FREE ACCOUNT Former US President and Republican presidential candidate Donald Trump speaks during a campaign rally at Van Andel Arena in Grand Rapids, Michigan on November 5, 2024. Kamil Krzaczynski | AFP | Getty Images Shares in former President Donald Trump‘s media company pushed higher as voting
Donald Trump speaks at a rally on Nov. 5, 2024 in Grand Rapids, Michigan. Scott Olson | Getty Images News | Getty Images President-elect Donald Trump won Tuesday’s presidential election partly by addressing Americans’ economic anxieties over higher prices. Nearly half of all voters said they were worse off financially than they were four years
In this article STLA Follow your favorite stocksCREATE FREE ACCOUNT A view of the Jeep Plant where United Auto Workers members are picketing on September 18, 2023 in Toledo, Ohio. Sarah Rice | Getty Images DETROIT — Automaker Stellantis announced plans Wednesday to cut a manufacturing shift and indefinitely lay off roughly 1,100 workers at
In this article SMCI Follow your favorite stocksCREATE FREE ACCOUNT Charles Liang, chief executive officer of Super Micro Computer Inc., during the Computex conference in Taipei, Taiwan, on Wednesday, June 5, 2024. The trade show runs through June 7. Annabelle Chih | Bloomberg | Getty Images Super Micro shares plunged 22% on Wednesday to their
Chinese and U.S. flags flutter near The Bund, before U.S. trade delegation meet their Chinese counterparts for talks in Shanghai, China July 30, 2019. Aly Song | Reuters BEIJING — Donald Trump’s 2024 presidential win has raised the bar for China’s fiscal stimulus plans, expected Friday. On the campaign trial, Trump threatened to impose additional
In an ideal world, I believe it takes about five years to prepare for retirement – what’s next in life. One of my top ten tips for preparing for retirement is to use your time while you are still working wisely. Seek out role models, make connections, and explore options while you have a pay
Copper Mountain Solar in El Dorado Valley, pictured on Thursday, Sept. 5, 2024, in Boulder City, Nevada. (Bizuayehu Tesfaye/Las Vegas Review-Journal/Tribune News Service via Getty Images) Bizuayehu Tesfaye | Tribune News Service | Getty Images Solar stocks sold off overnight as investors see Donald Trump leading in the U.S. presidential election. Solar stocks are falling
Republican presidential nominee and former U.S. President Donald Trump holds a rally in Saginaw, Michigan, U.S., October 3, 2024. Democratic presidential nominee U.S. Vice President Kamala Harris and Vice-Presidential candidate Tim Walz speaks during a campaign rally and concert in Ann Arbor, Michigan, U.S. October 28, 2024. Brendan McDermid | Evelyn Hockstein | Reuters Former
Republican presidential nominee and former U.S. President Donald Trump arrives to speak at his rally during the 2024 U.S. Presidential Election, in Palm Beach County Convention Center, in West Palm Beach, Florida, U.S., November 6, 2024. Brendan Mcdermid | Reuters On the campaign trail, Republican presidential candidate Donald Trump made a notable promise to retirees:
In this article YETI DLTR AEO SKX CROX FIVE Follow your favorite stocksCREATE FREE ACCOUNT Shoppers walk through the Fashion Centre at Pentagon City, a shopping mall in Arlington, Virginia, February 2, 2024. Saul Loeb | Afp | Getty Images For retailers and consumers finally feeling some relief from inflation, President-elect Donald Trump’s tariffs proposal
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