A new tax deduction for auto loan interest in 2025 offers relief for buyers, but strict domestic assembly rules mean many popular models won't qualify. Here's a breakdown of the fine print and its market implications.
In a candid industry forecast, Volvo's outgoing CEO Håkan Samuelsson states that manufacturing efficiencies and falling battery costs will make EVs cheaper to produce than internal combustion vehicles within five years, a shift that could redefine auto market dynamics.
Nintendo reports record console sales but faces mounting pressure from rising component prices and tariffs, with President Shuntaro Furukawa signaling potential impacts on future profitability.
New NYPD data reveals a stark divergence in public safety trends: while shootings and murders hit record lows in January, antisemitic incidents nearly tripled, accounting for over half of all reported hate crimes.
JPMorgan Private Bank's Stephen Parker argues the recent software-driven market volatility represents a constructive shift, with capital flowing into undervalued cyclical and international opportunities.
In a sweeping restructuring, The Washington Post has eliminated hundreds of positions and closed several departments, including its storied Sports and Books desks, as the Jeff Bezos-owned publication grapples with financial pressures.
Uber's stock fell after its quarterly forecast missed analyst expectations, overshadowing CEO Dara Khosrowshahi's ambitious framing of autonomous vehicles as a 'multitrillion-dollar' opportunity for the company's future.
Mortgage insurer Enact Holdings (ACT) reported solid fourth-quarter results, surpassing earnings expectations and outlining a significant shareholder return program, as disciplined expense management and resilient credit metrics bolster confidence.
Fresh from navigating Florida's hurricane-driven insurance crisis, Florida Peninsula Insurance is now exploring a potential move into California, a market reeling from record wildfire losses and major carrier pullbacks.
Despite a volatile market and a strict tax regime, Indian cryptocurrency investors are increasingly adopting a measured, long-term approach, using price dips to accumulate Bitcoin and major altcoins, according to leading exchange CoinDCX.
Investment firm Nan Fung Trinity (HK) Ltd. has established a significant new position in KT Corp, acquiring nearly 1.5 million shares in a move that signals strong confidence in the South Korean telecom leader's prospects.
As the electric vehicle sector moves beyond hype, investors are scrutinizing fundamentals. A comparative analysis of Rivian's strategic pivot and Nio's scale advantage reveals diverging paths in a competitive landscape.
Leading British banks, including Barclays and HSBC, are reversing course and increasing mortgage costs as market expectations shift towards fewer interest rate cuts in 2024, with the Bank of England widely expected to hold its base rate at 3.75%.
Despite industry headwinds, Lear Corporation (LEA) reported a resilient fourth quarter, marked by record contract wins and a strategic focus on automation and innovation that is setting the stage for margin expansion and shareholder returns in the coming year.
A woman's routine check of a phone bill revealed her husband's three-year financial secret: funneling his personal 'fun money' to support a prison pen pal, unraveling trust and compounding marital strife with a literal hole in their home.
FuboTV shares tumbled over 20% following its reverse stock split announcement, pushing the stock into deeply oversold levels. Despite the market's negative reaction, underlying financial improvements and a strategic deal with Disney present a potential contrarian opportunity for investors.
Black Hills Corporation (NYSE: BKH) finds itself firmly in the hands of institutional investors, with a commanding 87% ownership stake. This heavy institutional presence offers both a vote of confidence and a unique set of risks for the utility stock, as major players like BlackRock and Vanguard shape its trajectory.
As sales of its core plant-based meat products continue to slide, Beyond Meat is venturing into the crowded protein drink market with 'Beyond Immerse.' Analysts question whether this signals a bold new chapter or a sign of deeper troubles for the unprofitable company.
The impending closure of the Anaheim Transportation Network (ATN) bus service, a fixture for Disneyland visitors for nearly 30 years, highlights growing financial pressures on local transit and forces tourists to rethink their travel plans to the iconic resort.
In a sweeping settlement, Express Scripts agrees to fundamental changes in its drug pricing and rebate practices, a move the FTC says could save patients billions on insulin costs and bring its controversial Swiss-based rebate aggregator back to U.S. soil.
