Cavan Images | Getty Images As electric vehicles proliferate, some gas stations are making expensive overhauls to add EV charging stations. In most cases, they aren’t scrapping traditional liquid fuel pumps. But select locations, including an RS Automotive in Takoma Park, Md., and a Shell station in Fulham, England, have made a full switch. Location,
In this article OUST LAZR INVZ OUST LAZR INVZ Follow your favorite stocksCREATE FREE ACCOUNT A lidar sensor from Hesai company on top of a vehicle in Shenzhen, China on Jul. 10 2022. Jade Gao | AFP | Getty Images For investors in lidar startups, this has been a long time coming. After years of
Tencent sign is seen at the World Artificial Intelligence Conference (WAIC) in Shanghai, China July 6, 2023. Aly Song | Reuters BEIJING — Corporate earnings releases are picking up on a few bright spots for China’s consumer in a competitive market where people are less willing to open their wallets. JD.com, Tencent and Alibaba this
It is difficult to coordinate an international agreement on tax policy. Just ask the Organisation for Economic Co-operation and Development (OECD) how smoothly things have gone with the global tax deal. While implementation of the global minimum tax (Pillar Two) is moving forward in dozens of countries, there is much less tangible success when it
In this article CMG MCD WEN PZZA Follow your favorite stocksCREATE FREE ACCOUNT A McDonald’s restaurant near Times Square, NYC on July 29th, 2023. Adam Jeffery | CNBC Restaurant companies navigating some of the same challenges in the second quarter fell into two categories: winners and losers. Some chains said their higher menu prices alienated
In this article KEYS EL XPEV 9868-HK NVDA ROST BLBD STRA Follow your favorite stocksCREATE FREE ACCOUNT XPeng delivered over 60,000 of its flagship P7 electric sedans in 2021. XPeng, Inc. Check out the companies making headlines in midday trading. Strategic Education — The education stock advanced 3% following an upgrade to buy from neutral
Peopleimages | Istock | Getty Images After a series of interest rate hikes, investors have more competitive options for cash. Whether you’re saving for a short-term goal or increasing your emergency fund, you should consider reaping the benefits of more generous returns. “This is a very good time to take advantage of the higher savings
Ascentxmedia | Istock | Getty Images Social Security beneficiaries may get a much lower cost-of-living adjustment in 2024 as inflation subsides. But with two months before the COLA for next year is officially announced, there’s one unusual factor that may push the adjustment higher: hurricanes. The Social Security COLA for 2024 may be 3%, The
Ben Rains explores where the stock market sits amid the August pullback. The selling doesn’t feel great in the moment, but the downturn was needed to help cool things off. The drop also offers investors opportunities to buy into great stocks at attractive levels. The two Zacks Rank #1 (Strong Buy) stocks we look at
In this article GM F STLAM-IT Follow your favorite stocksCREATE FREE ACCOUNT United Auto Workers members on strike picket outside General Motors’ Detroit-Hamtramck Assembly plant in Detroit, Sept. 25, 2019. Michael Wayland / CNBC DETROIT – The Oracle of Omaha is cutting exposure to the U.S. automotive industry amid union negotiations — potentially for good
In this article NIO AMAT EL Follow your favorite stocksCREATE FREE ACCOUNT American multinational skincare and beauty products brand Estée Lauder’s logo seen in Hong Kong. Budrul Chukrut | Lightrocket | Getty Images Check out the companies making headlines before the bell Friday. Palo Alto Networks — Shares of the cybersecurity company edged 1.8% lower
Thanks to “tipflation,” a 20% gratuity isn’t what it used to be. With more opportunities to tip and pre-determined point-of-sale options that now range from 15% to 35% for each transaction, tip expectations are growing, whether consumers like it or not. And most don’t: Two-thirds of Americans have a negative view about tipping, according to
This is part of our educational blog series, “The Short Form,” to simplify tax issues and explore the world through the lens of tax policy. Learn more about taxes with TaxEDU. Economists typically frame the impact of fiscal, monetary, and tax policies by talking about three main economic indicators: GDP, jobs, and wages. It’s easy to
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In this article WBD Follow your favorite stocksCREATE FREE ACCOUNT Timothee Chalamet stars in Warner Bros.’ “Dune.” Warner Bros. LOS ANGELES – Warner Bros. has a sandworm-sized dilemma on its hands: Keep the fall release date for its highly anticipated “Dune: Part Two” and risk not having its star-studded cast promote it – or bump
Aerial photo shows a rural residential area in Chengdong town of Hai ‘an City, East China’s Jiangsu Province, April 1, 2023. Future Publishing | Future Publishing | Getty Images China’s real estate troubles are accelerating. Prospective home buyers are holding back on making purchases, leading to weak sales that compound the urgent need for policymakers
The average sticker price for college, or published costs for tuition and fees, has been rising — but most families don’t pay full price. Tuition, fees and room and board — plus books and supplies, transportation and personal expenses — total an average $27,940 at a four-year, in-state public college for the 2022-23 school year,
A residential complex constructed by Evergrande in Huai’an, Jiangsu, China, on July 20, 2023. Future Publishing | Future Publishing | Getty Images China’s heavily indebted property developer Evergrande group on Thursday filed for Chapter 15 bankruptcy protection in a U.S. court. In a filing to the Manhattan bankruptcy court, the firm sought recognition of restructuring
In this article WMT TGT Follow your favorite stocksCREATE FREE ACCOUNT (L) A customer pushes a shopping cart full of groceries outside a Wal-Mart n Rogers, Arkansas, and (R) A pedestrian passes a Target store in the Tenleytown neighborhood of Washington, DC. Getty Images Target and Walmart are both catering to thriftier shoppers, but the
The Adyen logo displayed on a smartphone. Rafael Henrique | SOPA Images | LightRocket via Getty Images Shares of Adyen, the European payments giant taking on U.S. titan Stripe, fell nearly 28% on Thursday after the company reported worse-than-expected sales and a profit drop in the first half of the year. Here’s how the company