Why you might want to buy a used car 🚗👇
A look into some recent used car data. #LaborDay #UsedCar #CarDealership #Ford #Toyota #Nissan #Audi #BMW #Mercedes #CarSalesman #WallStreet #Equities #Stocks #US #Investing #Trading #NYSE #NASDAQ
Ford’s new vehicle sales slow in August, in line with expectations
In this article F 2023 Ford F-150 Raptor R Ford DETROIT – Ford Motor on Friday said its U.S. sales last month increased double-digits from a year earlier but were off about 4% from the prior month, as the company and auto industry continue to manage significant supply chain issues. The Detroit automaker reported August…
The Fed must do two things to re-establish credibility, Allianz’s El-Erian says
Heidi Gutman | CNBC Although it has now established more consistent messaging to the market, the U.S. Federal Reserve needs to do two more things to re-establish its credibility, according to Mohamed El-Erian, chief economic advisor to Allianz. Fed Chairman Jerome Powell struck a hawkish tone during his speech at the Jackson Hole economic symposium…
Republicans may challenge student loan forgiveness. Uncertainty for borrowers is ‘considerable,’ says Harvard lawyer
Sen. Ted Cruz, R-Texas, is reportedly considering a challenge to President Biden’s student loan forgiveness effort. Anna Rose Layden | Getty Images News | Getty Images A number of Republican legislators may bring a legal challenge against President Joe Biden’s historic announcement last week that he’d forgive the student debt of tens of millions of…
GameStop meme stock movie ‘Dumb Money’ in the works with Seth Rogen, Pete Davidson
A screen displays the logo and trading information for GameStop on the floor of the New York Stock Exchange (NYSE) March 29, 2022. Brendan McDermid | Reuters Last year’s GameStop meme stock phenomenon is making its way to the big screen, as “Saturday Night Live” alum Pete Davidson, “There Will Be Blood” actor Paul Dano, ”Pineapple…
Turkey’s skyrocketing inflation is flashing warning signals for Gulf banks
General view of Emirates NBD Bank on January 3, 2017 in Dubai, United Arab Emirates. Tom Dulat | Getty Images DUBAI, United Arab Emirates — Banks with exposure to Turkey have faced losses ever since the country’s currency began steeply depreciating in 2018; now, lenders in several oil-rich Gulf states in particular are set to take…
Who wants to be a billionaire? 6 in 10 Americans strive to be mega-wealthy, report finds
Michael Bloomberg, (right) founder of Bloomberg LP, and Lloyd Blankfein, chairman and CEO of Goldman Sachs Group, at the 10,000 Small Businesses (1OKSB) Partnership Event in London on Dec. 14, 2016. Chris Ratcliffe | Bloomberg | Getty Images Be like Mike … Bloomberg, that is. That’s what many Americans apparently aspire to today. Some 44%…
Car shopping over Labor Day weekend? Here’s what to expect for both new and used car prices
Newsday Llc | Newsday | Getty Images In pre-pandemic years, Labor Day sales events offered generous discounts on new cars as dealerships aimed to clear out current-year models and start selling the next year’s versions. These days? Not so much. related investing news Goldman Sachs says brace for an even bigger housing downturn Carmen Reinicke…
Tax Implications of Owning Rental Property
Whether you intended to be a landlord or you fell into it because you had vacant property you couldn’t or didn’t sell, owning rental property is a source of income and it affects your tax return. Knowing the rules can help you maximize the tax advantages of owning rental property and help you create a…
Starbucks names Laxman Narasimhan as new CEO, starting in April
In this article SBUX Starbucks on Thursday named Laxman Narasimhan as its next chief executive officer. Narasimhan most recently served as CEO of health and hygiene company Reckitt, which owns brands such as Lysol, Durex and Mucinex. He announced earlier Thursday he was stepping down from that role. He’ll join Starbucks in October, learning about…
Lululemon jumps after it boosts outlook and posts strong earnings beat
In this article LULU Pedestrians pass by a Lululemon store. Scott Mlyn | CNBC Lululemon Athletica Inc. on Thursday reported quarterly earnings and revenue that beat analysts’ expectations, as shoppers stocked up on workout gear even as surging prices have hurt other retailers’ apparel sales. The company also raised its outlook for the year. Shares…
Stocks making the biggest moves after hours: Lululemon, Broadcom and more
In this article LULU PD AVGO Pedestrians wearing protective masks walk past a Lululemon store in San Francisco, California, on Monday, March 29, 2021. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in after-hours trading. Lululemon — Shares of activewear brand Lululemon jumped 9.4% after the company reported quarterly…