Tesla has new competition with a Chinese EV priced lower than Model 3
RBC Capital Global Automotive Analyst Tom Narayan and FOX News Medical Contributor Dr. Mark Siegel discuss Elon Musk’s drug use reports on “Claman Countdown.” Tesla faces further EV competition in China. This comes from Chinese consumer electronics company Xiaomi, which officially unveiled its electric SU7 sedan at an event on Thursday attended by co-founder Lei […]
You’re Going To Need To Pray For Your Wallet When You See What Resurrected Inflation Has Done To Easter Prices
Inflation is wreaking havoc on Americans’ wallets as they prepare to celebrate Easter. Prices on all goods have risen 18.5% since January 2021, when President Joe Biden first took office, with prices for many Easter-associated items being higher, according to the Bureau of Labor Statistics. “At the start of 2021, the price of cocoa (the […]
Bitcoin ETF blowout wows even BlackRock’s Larry Fink
BlackRock Chairman and CEO Larry Fink discusses the economic outlook on “Craman Countdown.” BlackRock CEO Larry Fink, who runs the world’s largest asset manager with $10 trillion under management, is used to things getting bigger. Still, the explosive growth of the company’s Spot Bitcoin exchange-traded fund in particular caught even veteran Wall Street executives off […]
Here’s What The Corporate Media And Biden DOJ Aren’t Telling You About Sam Bankman-Fried
Legacy media outlets and President Joe Biden’s Department of Justice (DOJ) neglected to mention that Sam Bankman-Fried was a top donor to Democrat-aligned causes in their releases on the disgraced cryptocurrency tycoon’s sentencing Thursday. Bankman-Fried contributed more than $37 million overwhelmingly to support Democrat-aligned causes during the 2022 midterm election cycle, according to OpenSecrets. Yet […]
Citigroup Reports Huge Share Of Its Clients Are Not Ready To Reach Key Climate Targets
Citigroup is warning that more than 40% of their energy sector clients are unprepared for the “net-zero” emissions transition, according to the financial institution’s latest climate report. Forty-two percent of the bank’s energy clients do not have a substantive emissions reduction plan, and an additional 29% have a plan that they may or may not […]
Dollar Tree stores to introduce merchandise with price tags up to $7
Brenda O’Connor Juanas, senior vice president at UBS Wealth Management, and Luke Lloyd, investment strategist at Strategic Wealth Partners, discuss retail earnings, interest rate cuts, Bitcoin’s surge to record highs, February CPI, and more. talk about Dollar Tree customers can expect to see items with $7 price tags on the discount retailer’s shelves later this […]
Tesla deliveries expected to slump on China competition, weak demand
Barron’s Roundtable discusses stocks whose profit margins are shrinking as auto competition intensifies. Electric car manufacturer Tesla is expected to release first-quarter delivery statistics next week, which it says will show a slowdown in sales as tailwinds from increased competition and price cuts in the EV market fade. The world’s most valuable automaker is bracing […]
California’s Economic Woes Are Way Worse Than We Thought
California’s economy has been increasingly struggling over the past several years as regulations, high taxes and poor governance have dampened business opportunities and sent citizens running, according to experts who spoke to the Daily Caller News Foundation. The unemployment rate in California jumped to 5.3% in February, the highest out of any state and Washington, […]
BlackRock CEO Larry Fink tells a ‘tale of two parts of the economy’
BlackRock Chairman and CEO Larry Fink discusses the economic outlook on “Craman Countdown.” BlackRock CEO Larry Fink recognizes that many investors tend to live and work for the short term, but to explain the “two-part story” of the economy: chose a long-term perspective. “If you look at the credit market today, you don’t see businesses […]
Disgraced crypto king Sam Bankman-Fried sentenced to 25 years
Brown Rudnick’s partner Hayley Lennon talks about the criminal fraud case against Sam Bankman Freed on “Making Money.” FTX founder Sam Bankman Freed was sentenced Thursday by Judge Lewis A. Kaplan to 25 years in prison. Prosecutors had asked for a sentence of 40 to 50 years in prison for the disgraced crypto tycoon. Bankman […]