GM has plans to mitigate up to 50% of potential North American tariffs
President Donald Trump greets General Motors CEO Mary Barra (R) prior to a meeting with automobile industry leaders in the Roosevelt Room of the White House in Washington, DC, January 24, 2017. Saul Loeb | AFP | Getty Images DETROIT — General Motors believes it can mitigate up to 50% of potential tariffs President Donald […]
Upstart’s stock is skyrocketing. Here’s the biggest positive from earnings.
Upstart was close to achieving profitability in the fourth quarter and expects to “at least” break even this year. That could broaden the stock’s appeal.
Tequila, mezcal sales are growing but Mexico tariffs may hit industry
A seller holds up a bottle of Casamigos, tequila from Diageo, the world’s leading spirits maker, at a liquor store in Monterrey, Mexico, on Dec. 10, 2024. Daniel Becerril | Reuters The U.S. spirits industry maintained its market share leadership over beer and wine for a third straight year in 2024, even as revenues slid, […]
Super Bowl 59 viewership reaches record 127.7 million
Philadelphia Eagles head coach Nick Sirianni and quarterback Jalen Hurts celebrate with the Vince Lombardi Trophy after winning Super Bowl 59. Mike Segar | Reuters The Philadelphia Eagles weren’t the only ones that scored big at the Super Bowl. The National Football League’s championship game attracted a record 127.7 million viewers on Sunday, according to […]
Trump’s tariffs and tax plans are inflationary. Voters won’t tolerate it.
Trump can no sooner repeal the law of gravity than change some macroeconomic realities.
CFPB leaders announce resignations after stop-work order
Former Office of Management and Budget (OMB) Director Russell Vought takes his seat as he arrives to testify before a US Senate Homeland Security and Governmental Affairs Committee hearing on his second nomination to be OMB director, on Capitol Hill in Washington, DC, on Jan. 15, 2025. Jemal Countess | AFP | Getty Images Two […]
Thinking of not paying taxes? This is what it could cost you.
Penalties and fees could add up for tax protesters, for little impact.
Coca-Cola (KO) Q4 2024 earnings
Coca-Cola on Tuesday reported quarterly earnings and revenue that topped analysts’ expectations, as global demand for its drinks rose. Shares of the company climbed more than 3% in premarket trading. Here’s what Coca-Cola reported for the quarter ended Dec. 31 compared with what Wall Street was expecting, based on a survey of analysts by LSEG: […]
Why Apple may get the ‘last laugh’ in AI as rivals double down on spending craze
Apple will have more free cash flow at its disposal and can “pawn off” AI spending on other big technology companies, one analyst said.
Social Security and Medicare burn while Trump counts pennies
Trump’s latest idea may be popular, but won’t get us far.
