US auto stocks including Tesla, Rivian and General Motors fell on Thursday after a report said that President-elect Donald Trump planned to end the consumer tax credit for electric vehicles. Donald Trump’s transition team is planning to kill the $7,500 consumer tax credit for electric-vehicle purchases as part of broader tax-reform legislation, Reuters reported, citing…
Warren Buffett has grown Berkshire Hathaway’s cash pile to more than $300 billion — a record high. The famed investor has halted stock buybacks and pared key holdings such as Apple and Bank of America. Buffett, 94, is facing a bargain drought and may be preparing to hand over control of Berkshire. Thanks for signing…
U.S. stocks pulled back on Tuesday, November 12, 2024, with all major indices closing in negative territory despite some notable bright spots in the technology sector. The Dow Jones Industrial Average led the decline, dropping 382.15 points, or 0.86%, to close at 43,910.98. The S&P 500 fell 17.36 points, or 0.29%, to end at 5,983.99,…
The US stock market on Thursday continued its upward trend following the Federal Reserve’s announcement to lower the interest rates by 0.25 per cent.This move by the Fed came as a response to the once high inflation that resulted in Trump winning the Presidential elections, dropping down towards the bank’s target of 2 per cent….
US Presidential Elections 2024: The high-stakes US Presidential Elections 2024 have entered their final days as billions of Americans cast votes to pick their preferred President to lead the world’s largest economy for the next four years. Vice President and Democratic candidate Kamala Harris and former President and Republican candidate Donald Trump continue to run…
Robinhood announced on Monday that it will begin offering US presidential election event contracts amid growing demand for speculative trading products among retail investors, Reuters reported. The new feature will enable users to profit from speculating on the competitive race between Vice President Kamala Harris and former President Donald Trump, with recent polling indicating a…