Author: Daniel snow
GM’s stock climbs as the carmaker’s $4 billion investment to expand existing capacity is viewed as a better than building new plants, one analyst said. Source link
New York Attorney General Letitia James speaks during a press conference at the office of the Attorney General on July 13, 2022 in New York City.Michael M. Santiago | Getty ImagesA group of 42 state attorneys general are calling on Meta to curb the rise of investment scams on Facebook that fraudulently use the images of Warren Buffett and other famous figures, New York Attorney General Letitia James said Wednesday. James said in a news release criminals are consistently evading Meta’s automated and human review systems to post fake ads that leave retail investors saddled with millions of dollars in…
Social Security’s 2026 COLA is expected to be slightly below average as data reliability is called into question. Source link
Dossier from The Fulbright ProgramAbid Katib | Getty ImagesThe entire Fulbright Foreign Scholarship Board resigned over what it said Wednesday was meddling by the Trump administration in the board’s authority to award scholarships.The 12-member board, in a statement, said the State Department, which runs the scholarship program, had denied Fulbright awards “to a substantial number of individuals who were selected for the 2025-2026 academic year.” “The administration is also currently subjecting an additional 1,200 foreign Fulbright recipients to an unauthorized review process and could reject more,” the board said in its statement, which was posted on Substack.”We believe these actions…
New data showed a drop in workplace foot traffic in May, indicating a return to pre-pandemic occupancy rates will be very slow, if not impossible. Source link
Tesla investors seem willing to trade a delay in the company’s robotaxi pilot program for the hope that Elon Musk is working his way back into the Trump administration’s good graces. Source link
Commerce Secretary Howard Lutnick said Wednesday that U.S. tariff levels on Chinese imports will not change from their current levels, even as a trade deal between Washington and Beijing has yet to be finalized.Asked on CNBC’s “Money Movers” if the current U.S. tariffs on China are not going to change again, Lutnick replied, “You can definitely say that.”President Donald Trump said Wednesday morning that duties on China will total 55% after trade negotiators for the two economic superpowers concluded high-level talks in London.But a White House official told NBC News shortly after Trump’s announcement that the 55% figure is not…
Highlighting specific things people do well shows you’re paying attention, and that has a more lasting positive impact. Source link
It’s harder than ever to buy a home, and even those who manage to do it often have regrets about their purchase.Some 45% of homeowners have regrets about their current home, according to a recent survey from Bankrate. Their most common complaint: frustration over the price of maintenance costs and hidden fees.A typical American homeowner spends over $18,000 on non-mortgage home expenses every year, according to Bankrate’s June 2024 Hidden Cost of Homeownership Survey. In some states, such as Hawaii and California, the fees stack up even higher, reaching around $29,000 every year, per Bankrate’s estimate.These charges, such as internet…
The robotaxi service is set to come to Austin with just a few number of vehicles. But Musk’s bad relationship with Trump could cause speedbumps. Source link