Category Archives: Auto

Bond Bulls Ignore Fed-Hike Noise and Keep Buying Yield Spikes

By | 06/04/2023

(Bloomberg) — For over a year, bond traders have been whipsawed by uncertainty about how high the Federal Reserve will push interest rates. Most Read from Bloomberg But that’s now giving way to a growing conviction that longer-term Treasury yields have likely already peaked — and that unexpected selloffs that give yields a bit of… Read More »

How Britain’s broken benefits system created a ‘lost generation’ who no longer need to work

By | 06/04/2023

jeremy hunt It is more than a century since the first jobless benefits were paid in Britain, when David Lloyd George’s Liberal government introduced unemployment insurance through the National Insurance Act of 1911. The then chancellor’s policy ensured around 2.5 million – mainly manual – workers were entitled to seven shillings a week on a… Read More »

How to Be Smart About Artificial-Intelligence ETFs

By | 06/04/2023

How to Be Smart About Artificial-Intelligence ETFs Follow Us on Google News

From artificial intelligence to ‘absolute insanity,’ these are the 3 ingredients needed to fuel the next stock market bubble

By | 06/04/2023

Getty Images / Spencer Platt The artificial intelligence boom could turn into “absolute insanity” if a stock market bubble forms, according to TS Lombard. The investment firm outlined the three key ingredients needed to create a stock market bubble. “The AI frenzy… in the past few weeks has the hallmarks of a potential bubble. But… Read More »

Jim Chanos, Bank of America, and others still aren’t jumping on the AI hype train

By | 06/04/2023

Famed short seller Jim Chanos shrugged off the AI hype this week.Reuters Artificial intelligence has sparked a major stock-market rally in 2023. But some big-name investors – including famed short seller Jim Chanos – aren’t buying into the hype. Others, like Warren Buffett, have voiced concerns about the dangers of AI. Artificial intelligence has emerged… Read More »

Billionaire investor Cliff Asness talks stocks, recession, Warren Buffett, and commercial real estate in a new interview. Here’s the 8 best quotes.

By | 06/04/2023

Cliff Asness.Lucy Nicholson/Reuters Cliff Asness warned stocks may be overpriced and bond markets are signaling a major recession. The AQR boss fears a financial crisis, and says Warren Buffett and quant traders have similarities. Asness is worried about commercial real estate and is bullish on cheap stocks. Buoyant stocks may have lost touch with economic… Read More »

Will an Employer Match Count Toward My 401(k) Limit?

By | 06/04/2023

SmartAsset: How the Employer Match Works With the 401(k) Limit A 401(k) is an employer-sponsored, tax-advantaged retirement plan. You fund this account by contributing a set percentage of your paycheck into the account. One of the biggest perks of a 401(k) plan is that employers have the option to match your contributions to your account up… Read More »

Bristol 408 V8 Barn Find Is An Extremely Rare British Muscle Car

By | 06/03/2023

Bristol occupies a unique spot in British motor history. Founded by the Bristol Aeroplane Company after World War II, it manufactured hand-built luxury cars. Not as well known as Aston Martin or Jensen, its early cars are extremely rare today. That’s why it’s unlikely to see one turn up in a barn, especially an early… Read More »

The Tentative Debt Ceiling Deal Could Affect You More Than You Think

By | 06/03/2023

President Joe Biden and House Speaker Kevin McCarthy (R-Calif.) reached a tentative agreement to raise the U.S. debt ceiling over the weekend, allowing a ray of hope to peek through the fiscal cloud that had been hanging over D.C. This deal would avert a potential default, which many economists think would be catastrophic. Here’s what… Read More »

Can I (Legally) Avoid Paying Tax on Dividends?

By | 06/03/2023

How Do I Avoid Paying Tax on Dividends? Dividends are payments that some companies make to shareholders to reward them for investing in them. Dividends can provide regular, predictable income to investors who also preserve the chance of profiting from price appreciation. Dividends can qualify for advantageous capital gains tax treatment if stocks are owned… Read More »

Feds Fault NHTSA On Failure To Meet Deadlines For Safety Investigations

By | 06/03/2023

The US Transportation Department released a report this week that revealed deficiencies in how the National Highway Transportation Safety Administration handles investigations. These findings show that the NHTSA does not consistently document information and routinely fails to complete defect investigations in a timely manner.    For the report, auditors from the US Transportation Department’s Office of… Read More »

Trillion-Dollar Treasury Vacuum Is Coming for Wall Street Rally

By | 06/03/2023

(Bloomberg) — With a debt ceiling deal freshly inked, the US Treasury is about to unleash a tsunami of new bonds to quickly refill its coffers. This will be yet another drain on dwindling liquidity as bank deposits are raided to pay for it — and Wall Street is warning that markets aren’t ready. Most… Read More »

2023 Ford F-150 Shelby Centennial Edition Debuts With Up To 800 Hp

By | 06/03/2023

Shelby American revealed its latest pickup truck-based creation called the 2023 Ford F-150 Shelby Centennial Edition, honoring the legacy of the late Carroll Shelby and his passion for off-road fun. Based on the F-150 Lariat 4×4 SuperCrew, the Shelby-branded pickup comes as standard with a 5.0-liter V8 under the hood that makes 400 horsepower, but… Read More »

Online Banks Are Winning the Deposit War

By | 06/03/2023

Online Banks Are Winning the Deposit War Follow Us on Google News

Tesla Leads 5 Stocks Near Buy Points As Market Revs Up

By | 06/03/2023

S&P 500 stocks Tesla (TSLA) and DexCom (DXCM), along with Fluence Energy (FLNC), Wingstop (WING) and Extreme Networks (EXTR) are in focus this week. X The market rally picked up steam late in the week. Breadth improved as well, though market leadership has remained concentrated in the artificial intelligence space. Still, there are a lot… Read More »

Chip maker TSMC needs to hire 4,500 Americans at its new Arizona plants. Its ‘brutal’ corporate culture is getting in the way

By | 06/03/2023

On the Glassdoor profile of Taiwan Semiconductor Manufacturing Company, or TSMC—the world’s biggest manufacturer of semiconductor chips—current and former U.S. employees swap messages about grueling working conditions. “People… slept in the office for a month straight,” an engineer wrote in August. “Twelve-hour days are standard, weekend shifts are common. I cannot stress… how brutal the… Read More »

Even the cheapest Tesla Model 3 now qualifies for the full $7,500 tax credit

By | 06/03/2023

If you’re buying a Tesla Model 3 in the US, you can now get the maximum possible tax credit of $7,500 no matter what make you’re getting. Tesla has updated its website to show that the rear-wheel drive Model 3, along with its long range and performance counterparts, now qualify for the full federal tax… Read More »

Saudi Oil Minister Takes Combative Stance With Wall Street Speculators

By | 06/03/2023

Saudi Oil Minister Takes Combative Stance With Wall Street Speculators Follow Us on Google News