Month: December 2024

Alex Tovstanovsky, owner of used-car dealer Prestige Motor Works, checks on inventory with his general manager Ryan Caton in Naperville, Illinois, May 28, 2020. Nick Carey | Reuters DETROIT — There’s a “renewed optimism” among U.S. car dealers heading into 2025, fueled by President-elect Donald Trump’s return to the White House as well as positive
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In this article M Follow your favorite stocksCREATE FREE ACCOUNT A Macy’s store decorated for the holidays in San Francisco, California, US, on Wednesday, Nov. 13, 2024.  David Paul Morris | Bloomberg | Getty Images Macy’s on Wednesday said it has wrapped up an investigation into an employee who intentionally hid about $151 million of
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In this article ADS-DE Follow your favorite stocksCREATE FREE ACCOUNT The “Arena” office building at the headquarters of the sporting goods manufacturer adidas AG is reflected in an artificial lake. Daniel Karmann | Picture Alliance | Getty Images Adidas’ German headquarters was raided on Tuesday in connection with a yearslong tax investigation, the company confirmed
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An exterior view of the New York Stock Exchange on September 18, 2024 in New York City.  Stephanie Keith | Getty Images As the calendar turns to a New Year and a new presidential administration, many investors are wondering where they can earn above-average returns. The current outlook is positive, with continued interest rate cuts
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As 2024 draws to a close, it’s time to plan for the New Year. One important budget item that many are reluctant to address is Medicare costs. A quick overview of the 2025 costs should provide a head start. Costs That Apply to Anyone on Medicare There are some costs that any Medicare beneficiary faces.
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In this article STLA STLA Follow your favorite stocksCREATE FREE ACCOUNT Carlos Tavares, Chief Executive Officer of Stellantis, attends the Paris Automotive Summit during the 2024 Paris Auto Show in Paris, France, October 15, 2024.  Benoit Tessier | Reuters DETROIT — “Arrogant.” It’s the word former Stellantis CEO Carlos Tavares used in June to describe
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The incoming Trump Administration has been sending mixed signals about the fate of Medicare. But if Trump advisers and GOP lawmakers are serious about slashing government spending it is hard to see how they will ignore the program, which last year cost $850 billion and accounted for about one out of every six dollars the
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Maven has expanded from a single Pilates studio to several different businesses and more than 130 commercial tenants. CNBC This story is part of CNBC’s quarterly Cities of Success series, which explores cities that have transformed into business hubs with an entrepreneurial spirit that has attracted capital, companies, and employees. Fewer than 15% of businesses
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After the deadly collapse of a 12-story condominium tower in the Surfside suburb of Miami, Florida, in 2021, state lawmakers implemented new requirements for older condominiums. Buildings at least 30 years old, like the Champlain tower that fell, have to undergo special inspections, make repairs and gather reserve funds for future maintenance. The deadline is
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Close-up of unrecognizable black woman opening mail containing new credit card Grace Cary | Moment | Getty Images Most credit cards have a variable rate with a direct connection to the Federal Reserve‘s benchmark. It follows that credit card rates spiked along with the Fed’s string of 11 rate hikes starting in March 2022. The average annual percentage rate
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Rice–Eccles Stadium, an outdoor college football venue at the University of Utah in Salt Lake City, stands against a stunning mountain backdrop. University of Utah This article is part of CNBC’s Cities of Success series, which explores cities that have transformed into business hubs with an entrepreneurial spirit and attracted capital, companies and employees. The
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