Stellantis’ Ram 1500 Revolution battery-electric concept pickup truck is introduced during a keynote address by Stellantis CEO Carlos Tavaras during CES 2023 at The Venetian Resort Las Vegas on January 05, 2023 in Las Vegas, Nevada. Ethan Miller | Getty Images DETROIT — Stellantis is delaying the launch of its Ram all-electric pickup truck from this year until the…
Goldman Sachs is out with its much anticipated 2025 equity outlook to clients and it calls for stocks to gain 11% from here (12% total return with dividends) as a growing economy and improving profit margins fuel sizable earnings growth. “Our view is predicated on continued US economic expansion, earnings growth of 11% in 2025 and 7% in 2026,…
U.S. President-elect Donald Trump arrives on November 13, 2024 at Joint Base Andrews, Maryland. Andrew Harnik | Getty Images President-elect Donald Trump’s return to the White House is poised to have big impacts on consumer health care. Republicans may face few legislative roadblocks with their goals of reshaping health insurance in the U.S., experts said, after the party retained…
Tesla reported third-quarter earnings Wednesday that topped analysts’ estimates even as revenue came in just shy of expectations. The stock popped roughly 17% in Thursday morning trading. Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by LSEG: Earnings per share: 72 cents, adjusted vs. 58 cents expected Revenue: $25.18…
Former President Donald Trump’s tax reform ideas could offer total or partial income tax exemptions to roughly 93.2 million Americans, a meaningful chunk of the U.S. electorate, according to CNBC’s analysis of several estimates. As part of his economic pitch to voters, Trump has floated a sweeping tax overhaul, including a slate of income tax breaks. So far, the…
Republican presidential nominee and former U.S. President Donald Trump works behind the counter during a visit to McDonalds in Feasterville-Trevose, Pennsylvania, U.S. October 20, 2024. Doug Mills | Via Reuters Though President Donald Trump visited a Pennsylvania McDonald’s location on Sunday, the fast-food giant is trying to stay neutral in the presidential race. “As we’ve seen, our brand has…
People look at the holiday window displays at a Macy’s store in Herald Square on December 11, 2023 in New York City. Michael M. Santiago | Getty Images Inflation may have cooled, but retailers are still staring down a holiday season with plenty of uncertainty. Several hard-to-predict factors will influence consumers’ spending, as they deck the halls and look…
U.S. President Donald Trump speaks during a “Save America Rally” near the White House in Washington, D.C., U.S., on Wednesday, Jan. 6, 2021. Bloomberg | Getty Images A federal judge on Friday ordered the release of more than 1,800 pages of documents filed by special counsel Jack Smith in the criminal election interference case against former President Donald Trump….
Donald Trump’s crypto project, World Liberty Financial, published a 13-page document Thursday that described its mission and how tokens can be allocated, and that indicated that the Republican presidential nominee and his family could take home 75% of net revenue. In what it calls the “World Liberty Gold Paper,” World Liberty Financial, or WLF, said the Trump family will…
Former U.S. President Donald Trump in the East Room of the White House in Washington, D.C., on May 19, 2020. Kevin Dietsch | Bloomberg | Getty Images Donald Trump’s new crypto project is off to a rough start. World Liberty Financial, which aspires to be a sort of crypto bank, launched its token sale on Tuesday, a day after…