Biden Races To Add One Trillion In New Regs As Election Looms
The Biden administration has added a total of $1.2 trillion in costs to the economy in the first several months of 2024 from finalized regulations as the president rushes to protect his agenda ahead of the November election. The cost of the new regulations is more than double those added in the first three years […]
Major Auto Union Handed Huge Defeat By Alabama Workers
Workers at a Mercedes-Benz plant in Vance, Alabama, voted against unionizing in a major setback for the United Auto Workers (UAW). Autoworkers at the plant voted just 44% in favor of unionizing under the UAW and 56% against, with more than 4,600 votes cast, according to preliminary results released by the union Friday. The loss […]
GameStop shares | Fox Business
FOX Business’ Charlie Gasparino said GameStop’s recent “Craman Countdown” earnings weren’t that great. GameStop shares plunged Friday after the video game retailer reported preliminary financial results and announced plans to sell millions of shares of its common stock. Under the sale agreement, the company said it may sell up to 45 million shares of its […]
Many US consumers staying away from EV’s due to lack of charging availability: report
FOX Business Jeff Flock reports that auto repair costs have increased 33% over the past four years. Purchasing motivation of American car buyers Electric vehicle (EV) A new J.D. Power survey shows a drop from a year ago, due in part to concerns about adequate charging infrastructure. J.D. Power’s 2024 U.S. Electric Vehicle Consideration Study […]
McDonald’s Changes Iconic ‘Happy Meal’ In Dumbest Decision Ever
The United Kingdom division of McDonald’s removed the smile from Happy Meal boxes in recognition of mental health week, which seems totally backwards. I’m all about supporting mental health and overall wellness, especially when it comes to today’s youth, but this seems like a dramatically stupid move. Happy Meals equal comfort food. Do the young […]
GameStop, AMC short sellers double down even with stock swings
GameStop’s stock price skyrocketed following the return of Roaring Kitty. It’s been a whirlwind week for other meme stocks, including GameStop and AMC, with big swings followed by heavy selloffs and no concrete news. Instead, social media investor Roaring Kitty (also known as Keith Gill) has started posting on X after a three-year hiatus, spurring […]
Dow hits 40,000 for first time
Joel Schulman, CEO of ERShares, shares his market outlook and consumer perspective on Mornings with Maria. The Dow Jones Industrial Average topped 40,000 for the first time in history and is on pace to set a record closing price for the 19th time as investors celebrated last month’s solid earnings and a slight easing in […]
Biden Admin Blocks Imports From Slew Of Chinese Companies Allegedly Tied To Slave Labor
The Biden administration announced on Thursday that it will be blocking imports from 26 Chinese textile companies due to their alleged ties to slave labor in the country’s Xinjiang region. The companies have been added to the Department of Homeland Security’s (DHS) Uyghur Forced Labor Prevention Act Entity List (UFLPA), which records the names of […]
Disney’s Bob Iger: tech is the key to streaming profitability
Bobby Iaccino, co-founder of Path Trading Partners, discusses the effectiveness of bundling streaming platforms and why he believes the move “defies the original purpose.” Chief Executive Officer Bob Iger on Wednesday cited technology investments as a way for The Walt Disney Company to turn streaming into a revenue stream. “What we really need to do […]
Royal Caribbean set to resume cruises out of Baltimore 2 months after bridge collapse
Lewis Campion, president and CEO of the Maryland Motor Truck Association, spoke about the recovery and impact on the trucking industry from the Francis Scott Key Bridge collapse. Royal Caribbean International plans to resume cruises from Baltimore, Maryland, later this month, with waterways in and out of the busy port reopened to a depth of […]