Disney’s win, jobs blowout, gold shines and solar eclipse mania
Kevin Mahn, president and chief information officer (CIO) of Hennion & Walsh Asset Management, cited two areas of concern in the strong March jobs report on “The Big Money Show.” -March job growth surprised even the most bullish economists -Gold prices hit a new record, stocks end a wild week -Disney CEO Bob Iger cast […]
Elon Musk says Reuters ‘lying’ in reporting Tesla scrapped plan for low-cost car
Dan Niles, senior portfolio manager at Satori Funds, joins “Morning with Maria” to share his stock picks as investors await the March jobs report. Tesla CEO Elon Musk on Friday accused Reuters of “lying” after the magazine reported that the electric car giant would abandon production plans for a long-touted budget-friendly starter car. ” he […]
Bidenomics At Work? Part-Time Employment Surges For Another Month While Full-Time Falters
The number of Americans working part-time jobs surged in March, while full-time jobs declined slightly, according to data from the Bureau of Labor Statistics (BLS) released Friday. There were 28,632,000 people with part-time jobs in March, 691,000 more than in February, when there were 27,941,000, according to the BLS. In that same period, the number […]
Not A Single Manufacturing Job Was Created In March Despite Biden Admin Spending Billions To Do So
A net total of 0 manufacturing jobs were created in the month of March despite the Biden administration’s many programs and public spending to boost hiring in the sector. The number of manufacturing jobs in the United States remained at 12,956,000, the same figure as February, following a decline of 10,000 jobs from January, according […]
Bidenomics In One Lesson: Latest Job Gains Fueled By Foreign-Born Workers, Gov’t Employees
Huge job gains reported by the Bureau of Labor Statistics (BLS) in March were fueled largely by increases in government positions and employment of foreign-born workers. The government added 71,000 jobs in March, a new all-time record and above the average of 52,000 over the last 12 months, bringing the total number of employees to […]
EXCLUSIVE: Exec At US Battery Manufacturer Pictured At Chinese Communist Party Meetings
A director of an American firm that’s building battery manufacturing plants in the U.S. has been pictured attending multiple Chinese Communist Party (CCP) meetings, according to a Daily Caller News Foundation review of the website of the firm’s China-based parent company. Gotion Inc., the California-based subsidiary of Chinese battery manufacturer Gotion High-Tech Co. (Gotion High-Tech), […]
Disney Board Refuses To Release Charitable Donations List To Shareholders
The Walt Disney Company refused a proposal Wednesday that would have revealed all of the company’s charitable donations to their shareholders. Disney asked shareholders in February to vote “no” on publicly releasing the company’s charitable and political donations, despite multiple calls from shareholders to do just the opposite. The proposal to release the financial information […]
Boeing has paid Alaska Airlines $160 million in cash
Mike Boyd, president of Boyd Group International, and Stewart Glickman, CFRA’s deputy director of research, consider the consumer and market impact of Boeing’s recent unrelated safety incidents. Boeing paid approximately $160 million in damages to Alaska Airlines. Alaska Airlines Boeing Max 9 A mid-air explosion occurred in January. The SEC filing said the money was […]
Ford Puts Dent In Biden’s Plans To Expand EVs
Ford Motor Corporation announced Thursday that it would be delaying the production of new electric vehicle (EV) models as domestic demand for electric cars falters, despite heavy federal investment. Ford joined General Motors and Mercedes-Benz in reeling in its EV production strategy, pivoting instead to producing more hybrid vehicles, according to a Thursday press release. […]
Trump to be deposed in dispute with media company co-founders
Sound Planning Group CEO David Stryzewski talks about how the early success of Trump’s social media platforms has led investors to warm up to Varney & Co.’s 45th president. Republican presidential candidate Donald Trump will be fired later this month by lawyers for his social media company’s co-founders as part of a dispute over ownership […]