GM electric vehicles still not profitable, company sees ‘progress’
Automotive expert Mike Caudill responded to California's controversial effort to use electric cars as police vehicles during an appearance on “The Big Money Show.” General Motors said its electric vehicles are not yet profitable, but the company is seeing “progress” in the industry. GM made the announcement in a letter to shareholders detailing its third […]
Dave Ramsey Tells Tucker Carlson ‘What Scares’ Him About Harris’ Economic Plans
Personal finance expert Dave Ramsey told Daily Caller News Foundation co-founder Tucker Carlson on Monday that Vice President Kamala Harris’ lack of clarity on her economic agenda concerns him. Harris has faced scrutiny for her vague policy positions on the campaign trail, including her stance on tariffs if she is elected president in November. Ramsey, […]
‘There’s Going To Be Pain’: Restaurant Chains Are Falling Like Dominoes As Inflation Under Biden-Harris Takes Its Toll
Restaurant chains and operators are slated to have their most bankruptcies in decades apart from 2020, a Wall Street Journal analysis of Chapter 11 filings found Monday. The bankruptcies seen this year are rivaling those seen during the COVID-19 pandemic in 2020, when restrictions and other pandemic-related disruptions caused the industry’s sales to fall $240 […]
Utilities luring Microsoft, Google and Amazon
Meb Farber, Founder and Chief Investment Officer of Cambria Investment Management, discusses how investors position their portfolios and provides new tax-aware tips on how to make money. Discuss ETFs. Hoham Utilities stock hasn't had a great year at all in recent months, but it's enjoying one of its best years in recent memory, up more […]
Dronemaker DJI sues Pentagon over Chinese military listing, alleges significant financial harm
Fox News Chief National Security Correspondent Jennifer Griffin said on “Craman Countdown” that the United States is leading the way in using AI on the battlefield. DJI, the world's largest drone manufacturer that sells more than half of all commercial drones in the United States, has sued the Department of Defense for classifying drone manufacturers […]
BlackRock CEO Larry Fink on why the firm’s crushing it
Meb Farber, Founder and Chief Investment Officer of Cambria Investment Management, discusses how investors position their portfolios and provides new tax-aware tips on how to make money. Discuss ETFs. BlackRock went out of its way this week to remind investors why it is the world's largest asset manager, with a record $11.5 trillion under management. […]
Feds investigating the safety of Tesla’s ‘Full Self-Driving’ feature
A 2021 Tesla Model Y will run in a “fully autonomous (supervised)” trial on the streets of Florida on April 20, 2024. The company is offering a 30-day trial to new and existing owners. (Pilar Arias/FOX Business) of National Highway Traffic Safety Administration (NHTSA) The company announced Friday that it is investigating 2.4 million Tesla […]
Spirit Aero to furlough 700 workers for 21 days due to Boeing strike
Peter McNally, head of global analyst at Third Bridge, spoke on “The Big Money Show” about how the Boeing factory workers' strike is impacting business. Spirit AeroSystems on Friday announced it will furlough 700 employees for 21 days, as U.S. aircraft maker Boeing Co.'s more than month-long strike strains the company's cash and inventory space, […]
Pennsylvania-based PPG lays off 1,800 workers
See what's being clicked on FoxBusiness.com. PPG, a global manufacturer of paints, coatings and specialty materials, is laying off nearly 2,000 employees as it cuts operating costs and sells part of its construction business. The layoffs primarily affect approximately 1,800 positions in the United States and Europe. PPG has not disclosed the timing of the […]
How the Biden-Harris administration threatens your retirement savings
Claman Countdown panelists Kenny Porcari and Sam Stovall unpack market performance as we head into the year. Despite the subsequent rally, the stock market's plunge in early August and subsequent volatility highlights the damage that the Biden-Harris administration's policies are inflicting on the US market, and the have dire consequences for their retirement savings. To […]