CNBC’s Jim Cramer addressed the optionality of six of the companies that became known as the “Magnificent Seven” on his Wednesday show. “The Magnificent Seven has the largest option available of any publicly traded company in modern history,” Cramer said. “When you sell them, you forget that they have such incredible power. Tesla, Amazon, Meta, … [Read more…]
Cooling inflation and the recent rise in the stock market have given many retirement accounts a welcome comeback. Add in January’s 8.7% increase in Social Security’s cost of living adjustment (COLA) to beneficiaries’ monthly checks, and the retirement landscape for retirees in 2023 will begin to liven up. What will change for retirement in the … [Read more…]
CARY, NC — Be careful when thinking about purchasing a gift card as a Christmas or holiday gift this year. Shopping experts are warning about a scam known as “gift card exploitation” this holiday season. This is a trick that steals money from gift cards before you have a chance to use them. Nicole Cordero … [Read more…]
Toyota is recalling about a million cars in the U.S. because passenger airbags may not deploy properly in a crash, posing additional risk of injury to drivers, the automaker said Wednesday. A potential defect in the Occupant Classification System (OCS) sensors in the front passenger seat of the affected vehicles could cause a short circuit, … [Read more…]
Nearly half of Buick dealers are accepting a takeover offer from General Motors Co. as industry stakeholders grapple with a rocky transition to electric vehicles. Buick, GM’s oldest brand and the only brand not to offer an electric vehicle, said this week it had reduced its dealer count by 47% after offering the buyout program … [Read more…]
Every year between Christmas and New Year, Figma gives all employees two weeks of vacation to enjoy the holidays. This year’s companywide PTO looked even brighter as many of the software company’s employees hoped regulators would approve creative giant Adobe’s $20 billion acquisition. But on Monday, Slack and email alerts alerted U.S. employees that the … [Read more…]
Patrick Pleul/POOL/AFP/Getty Images An alarming report published by Portal on Wednesday details how electric vehicle maker Tesla evaded responsibility for failures of parts it knew were defective, including suspension and steering systems. The investigation comes shortly after a recall of 2 million Teslas to add safety guardrails to the cars’ Autopilot functions – the capabilities … [Read more…]
Several Quebec economists are optimistic that inflation will recover somewhat in 2024 and interest rates will stabilize; However, since Quebec’s – and Canada’s – economy is closely linked to that of the United States, the forecasts of American economists can serve as an indicator, and one of them paints a particularly worrying picture for next … [Read more…]
CHARLOTTE – One of the checkpoints at Charlotte Douglas International Airport was closed Wednesday morning due to police activity over an unattended bag. The airport sent out a warning around 9:30 a.m. that Checkpoint C was closed and passengers should go to Checkpoint A for pre-screening. Shortly after 10 a.m., the airport announced that the … [Read more…]
“Our network was created in the 60s for a village and it was as if it had never evolved,” explains Sutton mayor Robert Benoît, who regrets Hydro-Québec’s slowness in correcting the situation. • Also read: Power outages: Hydro-Québec sends reinforcements to eastern Quebec • Also read: Almost 12,000 houses went dark due to power outages … [Read more…]