A 2024 Chevrolet Silverado EV RST all-electric pickup truck on display at the International Auto Show at the Jacob Javits Convention Center in New York on April 13, 2022. China News Service | China News Service | Getty Images Car shoppers are paying more than ever to finance new vehicles — and pickup trucks are
Earlier this year, House Republicans introduced the American Families and Jobs Act, a package of three new tax bills. One of these bills, the Small Business Jobs Act, would expand Section 179 expensing for small businesses—increasing the maximum eligible amount of investment and the point at which the benefit phases out. Improving the tax treatment
In this article NVDA Follow your favorite stocksCREATE FREE ACCOUNT Nvidia CEO Jensen Huang,speaks at the Supermicro keynote presentation during the Computex conference in Taipei on June 1, 2023. Walid Berrazeg | Sopa Images | Lightrocket | Getty Images Nvidia is set to report fiscal second-quarter earnings on after market close Wednesday. The chipmaker’s stock
In this article DKS NKE FL Follow your favorite stocksCREATE FREE ACCOUNT People walk past a Nike sporting goods store at a shopping complex in Beijing, China, March 25, 2021. Florence Lo | Reuters Nike’s stock tumbled Wednesday for the 10th day in a row after Foot Locker reported dismal quarterly results and consumers continue
SHENZHEN, CHINA – MARCH 09: View of high commercial and residential buildings on March 9, 2016 in Shenzhen, China. General economic slowdown continues in China while the property price and stock bubble faces risk. (Photo by Zhong Zhi/Getty Images) Zhong Zhi | Getty Images News | Getty Images China’s economic challenges have given rise to
In this article RACE-IT Follow your favorite stocksCREATE FREE ACCOUNT Despite a waiting list of three years for some of its cars, Ferrari’s CEO said the company has no plans to supercharge production to meet demand. “We are a brand that is not looking for volume,” Ferrari CEO Benedetto Vigna told CNBC in an exclusive
Consumers have remained remarkably resilient amid a series interest rate hikes aimed at cooling inflation. However, there are recent signs of a shift. Shoppers are still buying more than last year, but spending growth is slowing as the economy settles down, according to Jack Kleinhenz, the National Retail Federation’s chief economist. “There are ongoing economic
Scott Olson | Getty Images Eight candidates will take the stage for the first Republican presidential debate on Wednesday night — and experts are watching closely for comments on key tax policy issues. “The 800-pound gorilla in the room is the Tax Cuts and Jobs Act and the expiration of all the individual income tax
Abercrombie & Fitch Courtesy: Abercrombie & Fitch Shares of Abercrombie & Fitch soared in early trading, after the retailer crushed Wall Street’s earnings and sales expectations for the quarter and raised its forecast for the year. On a call with investors, CEO Fran Horowitz said the retailer’s performance is the “culmination of years of hard work.”
The moon’s surface is seen below the Chandrayaan-3 spacecraft on August 20, 2023 as it orbited in preparation for landing. ISRO India staked new claim as a national superpower in space on Wednesday, landing its Chandrayaan-3 mission safely on the moon’s unexplored south pole. The Chandrayaan-3 spacecraft launched last month and touched down on the
Nvidia headquarters in Santa Clara, California, Feb. 23, 2021. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Nvidia — The chipmaker climbed 1.8% ahead of its quarterly report set for release after the bell. Expectations are high for the chipmaker after its shockingly positive forecast in
Plenty of people aspire to be wealthy, but fortune and fame can have their downsides. Take it from Mark Cuban — or, rather, his kids. The three children, who range in age from 13 to 20, are keenly aware that people make assumptions about them due to their father’s wealth, Cuban recently told TikToker Bobbi
Fotostorm | E+ | Getty Images The Massachusetts Executive Office of Health and Human Services announced this week that it would be awarding more than $140 million in student loan relief to over 2,900 workers in the state. The aid comes from the MA Repay Program, which the state launched last November to provide financial
Homes in Centreville, Maryland, US, on Tuesday, April 4, 2023. Nathan Howard | Bloomberg | Getty Images Mortgage rates jumped last week to the highest level in 23 years, pushing mortgage demand from homebuyers to the lowest level in 28 years. Total mortgage application volume fell 4.2% last week, compared with the previous week, according
In this article ZM Follow your favorite stocksCREATE FREE ACCOUNT Zoom founder Eric Yuan speaks before the Nasdaq opening bell ceremony in New York on April 18, 2019. Kena Betancur | Getty Images Zoom shares rose as much as 8% in extended trading on Monday after the video-calling software provider announced fiscal second-quarter results that
In this article MO Follow your favorite stocksCREATE FREE ACCOUNT A pedestrian walks by an advertisement for Juul on the door of a smoke shop in New York. Scott Mlyn | CNBC Marlboro maker Altria Group said Tuesday its subsidiary NJOY has sued Juul Labs — the e-cigarette company it once held significant stake in
U.S. Commerce Secretary Gina Raimondo speaks during a Senate hearing in Washington, D.C., on May 16, 2023. Bloomberg | Bloomberg | Getty Images BEIJING — U.S. Secretary of Commerce Gina Raimondo is set to visit China from Aug. 27 to 30, both countries announced Tuesday. Her planned trip will be the third by a high-ranking
Two and a half years after Roni Dagan’s husband died, she and her seven-year-old son, Gal, found solace in places far from home. They didn’t confine themselves to a single location. The act of traveling itself is what has brought Dagan and her child joy — something they started after that first year of grieving.
A house is for sale in Arlington, Virginia, July 13, 2023. Saul Loeb | AFP | Getty Images Sales of previously owned homes dropped 2.2% in July from June to a seasonally-adjusted, annualized rate of 4.07 million units, according to the National Association of Realtors. Sales were 16.6% lower compared with July of last year.
In this article LOW Follow your favorite stocksCREATE FREE ACCOUNT The Lowe’s logo is displayed on the front of the store near Bloomsburg. Paul Weaver | Lightrocket | Getty Images Lowe’s reported mixed fiscal second-quarter results on Tuesday, as consumers’ interest in tackling springtime projects helped offset weakening home improvement demand. The home improvement retailer