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Major automakers are discovering the benefits of electric cars. And it is a really big deal. This week, Porsche announced that its “Mission E” electric concept led to a corporate epiphany....
Some investors like to fly close to the sun, loading up on red-hot “FAANG” stocks and riding them until they implode. Others like to dig around in the deepest, darkest market sludge, buying...
Last week I wrote about Property & Casualty insurers that began operation within the last five years. I outlined that of the rated ones, a majority are considered vulnerable, with a “D” or “E”...
After Amazon’s (AMZN) announcement that it was buying Whole Foods Market Inc. (WFM) for $13.7 billion in cash, shares of both companies went up. (Enough in Amazon’s case to essentially make the...
Just like with most financial institutions, credit unions know that lending is one of the driving forces behind growth. The more loans they give out, the more money they can make — which can...
Oil prices have crashed from $52 to $42 in the last month. And China’s the culprit, say Wall Street analysts. China is an easy mark: Ghost cities, capital flight, shadow banking, rising dissent...
As you read this, I’m in New York City. My brother and I are showing our families around the Big Apple, taking in museums, restaurants, a Broadway show, and more as part of a summer vacation. ...
Fun fact about South Florida: The 1960 movie “Where the Boys Are” put Fort Lauderdale on the map as a Spring Break mecca. Legions of real-life college students followed the movie’s fictional main...
Mining giant Rio Tinto PLC (RIO) is willing to go to hell and back for copper. Its new mine near Superior, Arizona, bores nearly 7,000 feet below the Earth’s surface. There, temperatures...
Tech stocks may have caught a breather last week, and the S&P 500 may have dipped. But investors didn’t miss a beat. They were busy flooding the stock market with new capital! As of last...