Reported 3 months ago
Source: INVESTORS
Reported 3 months ago
While it's possible to take out a second car loan, lenders will scrutinize your financial situation more rigorously, which may affect your credit score and insurance costs. You'll need a strong credit score, manageable debt, and stable income to qualify, as a second loan increases your debt-to-income ratio, potentially complicating access to additional credit. To improve your chances, consider disputing credit report errors, paying down revolving debt, and ensuring you can afford the monthly payments.
Source: YAHOO
Reported 3 months ago
Source: INVESTORS
Reported 3 months ago
U.S. President Donald Trump reignited trade war fears by announcing potential 50% tariffs on European goods and a 25% charge on Apple iPhones, leading to market declines. While some analysts believe the tariff situation may stabilize quickly, concerns about high bond yields and their impact on the economy persist, prompting a nervous mood among investors as markets closed for the long weekend.
Source: YAHOO
Reported 3 months ago
Amazon.com, Inc. is being sued by consumers who allege the company sold rice products contaminated with arsenic and heavy metals. The lawsuit, filed in Seattle, targets 18 rice varieties including well-known brands like Ben's Original and Whole Foods' 365. The plaintiffs argue that the company failed to warn consumers about the dangers of consuming these contaminated products, particularly for children. The lawsuit seeks at least $5 million in damages for violations of consumer protection laws.
Source: YAHOO
Reported 3 months ago
Source: BARRONS
Reported 3 months ago
Source: BARRONS
Reported 3 months ago
The European Union is set to escalate its investigation into the fast-fashion retailer Shein, focusing on alleged breaches of product safety and consumer laws that may result in fines. As reported by Bloomberg, the European Commission and national agencies are preparing to release details of these allegations, which could lead to fines amounting to at least 4% of Shein's annual sales in EU countries if the issues are not addressed.
Source: YAHOO
Reported 3 months ago
Source: INVESTORS
Reported 3 months ago
Source: BARRONS
Reported 3 months ago
Source: INVESTORS
Reported 3 months ago
Source: INVESTORS
Reported 3 months ago
Source: INVESTORS
Reported 3 months ago
Source: INVESTORS
Reported 3 months ago
Compliance fatigue is increasingly affecting drivers and fleets within the transportation industry, leading to potential safety violations and financial penalties. The pressure to maintain compliance with ever-changing regulations creates significant stress for drivers, impacting their performance and contributing to a shortage in the workforce. Moreover, traditional systems often fail to adequately address these issues, but new technologies like Green Light ELD offer proactive solutions that help manage compliance more effectively and reduce both emotional and financial burdens.
Source: YAHOO
Reported 3 months ago
Source: BARRONS
Reported 3 months ago
This article discusses the appropriate level of stock market investment for retirees, emphasizing the need for careful asset allocation as they age. Traditionally, a guideline of '100 minus your age' has been used to determine stock allocations, but experts suggest that many retirees may need a higher percentage invested in stocks to ensure long-term financial security, especially in light of low interest rates and the current market conditions. The article advocates for a balanced approach, taking into account individual circumstances and the risks associated with high stock allocations. It also highlights the opportunity for retirees to benefit from rising interest rates by increasing fixed-income investments.
Source: YAHOO
Reported 3 months ago
Source: BARRONS
Reported 3 months ago
Sergey Brin, co-founder of Alphabet Inc., has rejoined Google to focus on AI innovations under the Gemini platform. His experience from previous projects like Google Glass will guide the development of next-gen wearable technology. Google is investing in partnerships and new AI capabilities for smart glasses while preparing to compete against OpenAI's advancements in the AI sector.
Source: YAHOO
Reported 3 months ago
Source: INVESTORS
Reported 3 months ago
Investment bank BMO Capital highlights that Alphabet Inc. (GOOG) is improving its customers' return on ad spend (ROAS) due to its AI advancements. After an event hosted by Alphabet, BMO noted that marketers are now earning $6 for every $1 spent on GOOG's search ads. The bank maintains a $200 price target and an Outperform rating, suggesting that as AI implementation expands, ROAS will only increase. BMO also points out that AI aids in targeting audiences more effectively and enhances YouTube's ROAS.
Source: YAHOO
Reported 3 months ago
This week saw gold prices surge over 5%, reaching approximately $3,350/oz, largely due to political and fiscal instability in the U.S., including new tariff threats from Trump and concerns about the national deficit. The dollar weakened, pushing investors towards gold as a safe haven amidst fears over U.S. credit ratings and impending fiscal policies. With next week anticipated to be influenced by these developments, traders are bracing for potential volatility in the markets.
Source: YAHOO
Reported 3 months ago
Airbus shares fell 2.2% amid a management shake-up, with Remi Maillard appointed as the new 'Head of Technology Airbus,' suggesting a potential de-emphasis on R&D. This shift raises concerns about cost-cutting in the commercial aircraft division, reflecting ongoing layoffs in other Airbus sectors. Despite the decline, analysts note that a focus on cost reductions could make Airbus stock more appealing to investors, particularly given its strong earnings growth and dividend yield.
Source: YAHOO
Reported 3 months ago
JPMorgan Chase & Co. is enhancing its investment banking technology team with four new hires from prominent firms like Goldman Sachs, Bank of America, and Lazard. This strategic expansion aligns with JPMorgan's active role in major tech transactions, having recently advised on significant acquisitions and public market debuts. The firm is committed to investing in top talent to better serve the technology sector, reflecting its substantial investment of $17 billion in technology last year.
Source: YAHOO