Tag: automobiles

How oil soaring to $100 a barrel could be bad for this boom-bust sector and the economy

Oil companies often find religion in the wake of a boom-and-bust cycle, including after last year when crude prices crashed into negative territory for the...

This industry saw a 112% rise in job openings since the pandemic — and it’s not leisure and hospitality

When the economy shut down last year to curb the spread of coronavirus the leisure and hospitality industry, which includes hotels, restaurants and bars, took...

Senate passes bill that targets China and chips in 68-32 vote

The Democratic-run Senate, with some Republican support, passed legislation on Tuesday that targets China and aims to support the American semiconductor industry, in a sign...

Here’s a breakdown of the trillions worth of pandemic stimulus already unleashed in the U.S.

The massive scope of aid used by the U.S. government to help blanket the economy during the pandemic can be hard to imagine. But as...

Elon Musk’s crypto tweets have ‘destroyed lives,’ says video purportedly from Anonymous

Elon Musk has “destroyed lives” through irresponsible tweets that have recently roiled cryptocurrency markets, a group claiming to represent the hacker collective Anonymous said in...

Is the Fed ‘tightening cycle’ already happening?

The Federal Reserve surprised markets this week by announcing it will begin to gradually sell off its corporate debt holdings accumulated during the pandemic, a...

5 surprising things in short supply this Memorial Day Weekend

It’s an odd choice of vehicle for someone who is not in the moving business. Up until this week, Matt Landau had never actually driven...

Rolls-Royce launched the most expensive and luxurious car in the world, meet its new Boat-Tail model

The exclusive Rolls-Royce Boat-Tail is a unique design tailor-made for a customer, it has coolers for champagne, parasol and accessories to make a luxury picnic....

San Francisco Fed has cautionary words for 22 states ending enhanced unemployment benefits

At least 22 states are effectively running an experiment to find out whether or not scaling down unemployment benefits incentivizes more recipients to find new...

Bitcoin at $250,000 in a year? This ‘rocket fuel’ will help it get there, says former Goldman Sachs alum

After a lackluster start to the week, stock futures are pointing higher, with beaten-down technology names possibly taking the lead. While the Nasdaq Composite COMP,...

Will the Colonial Pipeline outage hike gas prices? It all depends on where you live

Just ahead of Memorial Day weekend — a time when families may be itching to get out and greet summer after a long, hard pandemic...

‘Everything seems to go smoother when we’re together’: Companies dangle spa weekends and free meals to lure workers back to the office

Thomas Jepsen, founder of Passion Plans, a company that helps connect home buyers with architects and designers, is among the cohort of employers that are...

A million new jobs? That’s how many Wall Street thinks the U.S. created in April

The U.S. might have created a million-plus jobs in April as the economic recovery spread across the country and reached businesses that suffered the most...

I saved $1.1M for retirement, earn $128K and have $22K in cash. Can I afford my dream car — an $80K Nissan GT-R?

I’m looking to purchase a used Nissan GT-R and spend about $80,000. I’m 41 and single with no kids, and have always been a big...

Uber and Lyft expect ride-hailing to make a sharp recovery, but there are some potential roadblocks

As more people get vaccinated against COVID-19 and pandemic restrictions ease, the ride-hailing industry is gearing up for a comeback, but is facing potential roadblocks....

Tesla’s first-quarter sales rise more than 70%, but stock slips

Tesla Inc. stock fell nearly 2% late Monday after the Silicon Valley electric-car maker reported mixed first-quarter earnings, with sales slightly below the mark and...

My boyfriend agreed to go part time to look after my teenage kids. I paid him $650 a month. We split up — now he’s crying foul

Dear Quentin, I would like your perspective as to whether my perspective is off. I have been the primary earner in the household. A few...

Get ready for stock buybacks to roar back

U.S. corporations ranging from financial powerhouses to technology titans also have been stockpiling cash as a ballast against the COVID-19 storm. Investment-grade companies ended 2020...

Why the 2021 Hyundai Santa Fe is one of the best cars of the year

Boasting sharp new styling inside and out, and a new range-topping Calligraphy trim that serves as a “serious alternative to a similarly sized SUV from...

Travel and leisure top list of corporate credit ratings in flux during pandemic

The COVID-19 pandemic has not only been disrupting lives and businesses around the world for more than a year, but also the credit ratings of...

These are the stocks for playing Biden’s infrastructure push, analysts say

President Joe Biden’s big speech on infrastructure is slated to come on Wednesday as he visits Pittsburgh. Analysts have been thinking about his push for...

Betting on the post-pandemic boom? Bank of America has 17 stock recommendations

Here’s one possible all-clear signal. COVID-19 is no longer a “tail risk” for investors, the first time since February 2020, says Bank of America in...

These teens are having fun in today’s stock market, and, for the most part, making money — here are the secrets to their early success

A year ago, as the stock market buckled under weight of the emerging COVID-19 pandemic and many investors dived for cover, Christon “The Truth” Jones...

My husband and his brother inherited their family home. Our son lived there for 4 years. We paid $60K on taxes and repairs after a fire. Do we still split it 50/50?

My husband and his brother inherited their family home. When they were able to take possession our son and his family needed a place to...

Worldwide chip shortage expected to last into next year, and that’s good news for semiconductor stocks

A global shortage of semiconductors has pushed chip stocks to record highs, and analysts expect that chips will continue to be in short supply at...