The yield on the benchmark 10-year Treasury note started the week on a tear, jumping to 2.99 percent and toying with the key 3 percent level that could trigger a reaction across global financial markets.
As we have pointed out a few times in the past, Tesla’s (NASDAQ:TSLA) product tall tales, especially about Autopilot, have come back to bite the company. Readers can review the following articles for a history of Tesla’s problematic AP2 rollout:
Tesla Autopilot Unveil Portends Bad News At Tesla
California Autonomous Vehicle Data Shows Tesla Is Materially Misleading Its....More>>>
The world’s largest automaker is putting big money into electric vehicles in China.
Volkswagen (VLKAF) and its local partners plan to invest more than 10 billion ($11.8 billion) to build electric and hybrid cars in the country — the world’s biggest auto market — over the next seven to eight years.
More electric vehicles are sold in China than anywhere else....More>>>
The chance of a potential buyout by Facebook Inc. offers support for Snap Inc. stock. But Would Facebook really want to buy Snapchat? Flickr
Venice, California, based Snap Inc (NYSE:SNAP), parent of the popular photo-sharing app Snapchat has been listed on the NYSE for less than a week. In the week immediately following the Snap IPO, a number of Wall Street firms issued initial commentary....More>>>
The Trump administration has fired the first broadside in its insane battle against bilateral trade imbalances. And its aim was not what most people expected. Canada, not China, is the target of the Trump trade team’s wrath.
Commerce Secretary Wilbur Ross has just announced a new 20% tariff on imports of Canadian softwood lumber. The US currently imports about $5.66 billion worth of....More>>>
Rebekah Barsch is executive officer and vice president of Planning and Sales at Northwestern Mutual.
To save for a comfortable retirement, many people shoot for a number. If you’re one of them, and you’re diligently saving toward that goal, great! But it takes more than a commitment to your 401(k) to build a financially solid retirement. Along with how much you save, you need....More>>>
The days shopping tax-free with Amazon are coming to an end.
On Saturday Amazon (AMZN, Tech30) will start collecting sales taxes on purchases in the last four states where it wasn’t doing so: Hawaii, Idaho, Maine and New Mexico. Four other states — Delaware, Montana, New Hampshire and Oregon — have no sales tax, while a fifth, Alaska, doesn’t have a statewide tax,....More>>>
Just as April showers bring May flowers, plentiful monsoon rains in India tend to drive up demand for gold jewelry among rural, income-flush farmers, who make up a third of the country’s consumption of the yellow metal.
It’s a relief to hear, then, that India just had its best monsoon season in three years, with heavy rains washing away people’s fears of yet another....More>>>
Get to Florida and buy a house. Now. I'm not kidding. If you wait any longer, you might miss this opportunity. And believe me, you don't want to miss it. I've personally been buying real estate for years… But the opportunity isn't over. Not even close. I know what you're thinking… "Steve, real estate prices have skyrocketed since....More>>>
The financial sector was a major part of the Great Recession, and it has been a major part of the recovery and raging bull market since then. Generally speaking, the major financial institutions in the United States are a good barometer of the current state of U.S. markets.
Kanye West, the headline-grabbing entrepreneur and rapper, shared with his 14.9 million Twitter followers this weekend just how much he loves his Tesla. He even garnered the attention of Tesla Inc. (TSLA) CEO Elon Musk, who returned the love in retweet form and reignited the "bromance" be
When buying a home, the most important numbers for mortgage lenders are the buyer’s credit score and the buyer’s debt-to-income ratio. The first is a summary of how the buyer has been managing debt and the second indicates whether the lender can reasonably expect the borrower to be