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The Tension Driving the UAW Strike Threat
How an Investor Can Make Money Short Selling Stocks
Short selling is a way to make money on stocks for which the price is falling. It’s also referred to as “going short” or “shorting.” Short sellers are wagering that the stock they’re shorting will drop in price.
19h ago
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Autoblog
Insurance costs keep climbing, here’s why and who’s hurting
The Washington Post digs into rising car insurance costs, what’s causing them and who is hurting the most from the increases.
1h ago Barrons.com
A UAW Strike Looms. The Bearish View for Ford, GM, and Stellantis.
Wells Fargo analyst Colin Langan has a very bearish view about labor talks between the UAW and the Detroit-Three automakers.
2d ago Reuters
Vietnam Air, Boeing near $10 billion deal for 50 737 max planes -Bloomberg News
The report on the deal, which confirms a Reuters report last week that Boeing was planning to sell 50 of its 737 MAX to Vietnam, came during U.S. President Joe Biden’s visit to Hanoi on Sunday. Boeing and Vietnam Airlines did not immediately respond to requests for comment.
2h ago
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SmartAsset identified these financial advisor firms as among the top 5 financial advisor firms in the U.S.
CoinDesk
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Former FTX Executive Ryan Salame Could Forfeit $1.5B as Part of Guilty Plea
Former co-CEO of FTX Digital Markets Ryan Salame pleaded guilty to a number of federal criminal charges tied to the exchange. The former FTX executive has been ordered to forfeit more than $1.5 billion dollars as a part of his plea agreement with the government. CoinDesk’s global policy and regulation managing editor Nikhilesh De discusses what Salame’s guilty plea means ahead of FTX founder Sam Bankman-Fried’s upcoming trial in October.
2d ago
The Wall Street Journal
Georgia Special Grand Jury Recommended Charges Against Lindsey Graham, Others in Election Probe
Separately, a federal judge has denied Mark Meadows’s request to move the Georgia charges against him to federal court.
2d ago Barrons.com
6 Inexpensive Consumer Stocks With Strong Profit Growth
Analysts are raising their forecasts for earnings of companies whose products people buy when they have money left over after buying essentials.
7h ago
AdWall Street is Buying These 5 AI Stocks
Bill Ackman, Ray Dalio, and Stanley Druckenmiller are quietly sinking over $1 billion into these AI companies. Get the names and tickers here.
AP Finance
Why the United Auto Workers union is poised to strike major US car makers this week
About 146,000 U.S. auto workers are set to go on strike this week if General Motors, Ford and Stellantis fail to meet their demands for big pay raises and the restoration of concessions the workers made years ago when the companies were in financial trouble. Shawn Fain, the combative president of the United Auto Workers union, has threatened to strike any of the three companies that hasn’t reached an agreement by the time its contract with the union expires at 11:59 p.m. Eastern time Thursday.
1d ago SmartAsset
5 Signs You Might Run Out of Money in Retirement ( & How to Prevent It)
It’s the worst-case scenario of retirement. You have worked, saved and built up the nest egg. You haven’t got a care in the world until one day you notice it… the money seems to be getting a little bit tighter. The bank accounts seem to be a little weaker than they should be. The bills […] The post Five Signs You Might Run Out of Money in Retirement and How to Prevent It appeared first on SmartReads by SmartAsset.
1d ago The Wall Street Journal
An Important Shift in Fed Officials’ Rate Stance Is Under Way
The central bank is likely to pause rate increases in September, then take a harder look at whether more are needed.
5h ago
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Bloomberg
US Consumer Credit Rises $10.4 Billion, Largely on Credit Cards
(Bloomberg) — US consumer borrowing rose in July, reflecting a rebound in credit-card balances.Most Read from BloombergBoss of Failed Crypto Exchange Gets 11,000-Year SentenceCalifornia Shows an Electric-Car Uprising Headed for the USEverything Apple Plans to Show on Sept. 12: iPhone 15, Watches, AirPodsWall Street Fears a Too-Hot Economy as Recession Bets PlungeUS, EU Agree on Mideast-India Rail and Shipping Corridor at G-20Total credit increased $10.4 billion, Federal Reserve data showed Frid
2d ago FreightWaves
Borderlands: Mexico averages 58 cargo thefts a day in Q2
This week in Borderlands: Mexico averaged 58 cargo thefts a day in the second quarter; APM Terminals invests $140 million to expand a facility at a Mexico seaport; XPO adds capacity at a Texas facility; and Jaguar Transport Holdings will operate a Dallas transload facility. The post Borderlands: Mexico averages 58 cargo thefts a day in Q2 appeared first on FreightWaves.
3h ago TipRanks
Analysts love these EV stocks — and give them up to 100% upside
Let’s talk about electric vehicles, EVs. Electrically powered cars are not a new concept – they’ve been around since the earliest days of the automobile. But in the past decade, several factors have combined to make them more competitive with the industry-standard internal combustion engine. Chief among these factors are improving battery technology, with reductions in weight and improvements in power and range, and reduced cost as manufacturers ramp production up to scale. Globally, EV makers a
3h ago
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Business Insider
$7.6 trillion of US government debt will mature in the next year, adding pressure on rates
The $7.6 trillion that is coming due in the coming year represents 31% of the outstanding total, according to Apollo’s chief economist.
1d ago Yahoo Finance
More Americans are forced to retire early — and are unprepared for the long haul
Americans are forced into retiring earlier than they imagined, they don’t have an inkling of how much they need to save, nor do they know how many years they might need to finance after they leave the workforce.
1d ago Zacks
Why Is 3D Systems (DDD) Down 25.5% Since Last Earnings Report?
3D Systems (DDD) reported earnings 30 days ago. What’s next for the stock? We take a look at earnings estimates for some clues.
2d ago
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Fortune
Meet a 29-year-old accountant whose ‘resentment’ only climbed after her firm raised her salary from $60k to $90k as she made millions for them. She has her own firm now
“I couldn’t keep building someone else’s dream,” she says.
1d ago Bloomberg
Oil Price Resurgence Has Further to Run After the Saudis Turn the Screw
(Bloomberg) — When crude surges above $90 a barrel and the leaders of Saudi Arabia and Russia get on the phone to congratulate each other on a job well done, oil consumers should take note. Most Read from BloombergBoss of Failed Crypto Exchange Gets 11,000-Year SentenceIndia’s G-20 Win Shows US Learning How to Counter China’s RiseWall Street Fears a Too-Hot Economy as Recession Bets PlungeCalifornia Shows an Electric-Car Uprising Headed for the USEverything Apple Plans to Show on Sept. 12: iPho
1d ago
