Source: Led Gapline / Shutterstock [Editor’s note: “Get Ready to Shell Out for the ‘iPhone Killer’” was previously published in December 2021. It has since been updated to include the most relevant information available.] I love my iPhone. I can do everything on it. Send messages. Call folks. Read the news. Trade stocks. Watch videos.
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There’s been a lot of news about inflation lately, especially about whether we are entering a recession or whether we’re already in one. Although the conventional definition of a recession is two consecutive negative quarters of real GDP, there is no consensus among economists — and everyone else, for that matter — that we’re in
AMTD Digital (NYSE:HKD) stock flew onto traders’ radars recently as it rallied hundreds of percentage points. Cautious investors should investigate the company before taking a position, though. There’s nothing special about AMTD Digital in particular as a business, and the share-price surge is likely due to a short squeeze. If you’re in the U.S., chances are
Have you ever wondered why in some shopping malls, some of the luxury stores have long lines of people waiting to enter, cordoned off by red velvet ropes? It’s not that there isn’t enough room in the shop, or that there isn’t enough staff on hand to attend to customers. It’s because the company is capitalizing
Source: Shutterstock [Editor’s note: “Become a Billionaire by Investing in The Industry With Infinite Potential” was previously published in August 2021. It has since been updated to include the most relevant information available.] Life’s different for billionaires. They live in multi-acre estates worth tens of millions of dollars. They drive cars that are the stuff
A new property tax relief law went into effect this week in Maine, which could be a boon for seniors in the nation’s oldest state that also has the fourth-highest homeownership rate. Under the “Property Tax Stabilization Program,” seniors who are 65 and older and permanent residents of Maine can freeze their property taxes at
It was nothing to sneeze at. A man who co-created the cold remedy, Zicam, has been charged with running a phony movie business called Desilu Studios after the famed production company behind “I Love Lucy” and “Star Trek,” and using cash he attracted for film projects to line his pockets. Charles Hensley, 68, of Redondo
Wednesday’s release of the consumer-price index reportfor July contained enough downside surprises to give stock investors hope the worst of inflation may be behind. Yet an undercurrent of worry remained at big-name firms like Pimco and BlackRock Inc., the world’s largest asset manager. According to Pimco economists Tiffany Wilding and Allison Boxer, the details of
Elon Musk sold almost $7 billion in Tesla Inc. stock in recent days, according to filings Tuesday with the Securities and Exchange Commission, and indicated he wants cash on hand as his legal fight with Twitter Inc. heats up. According to the filings, the Tesla chief executive sold around 7.9 million shares between Friday and
The issue: Measuring inflation—the rate of change in the level of prices—requires comparing the prices of a basket of goods and services over time. While that idea sounds straightforward in principle, measuring inflation in practice is more complicated. What goes into the chosen basket of items whose prices are to be tracked over time and how
[Editor’s note: “This Little-Known EV Battery Technology Will Drive the EV Revolution” was previously published in July 2022. It has since been updated to include the most relevant information available.] You may think you know of every battery innovation, especially as students of innovation. But a secret EV battery technology you’ve likely never heard of could
Google’s search engine experienced a rare outage Monday night. Google Search inquiries generated an error message for many people around the world, from the U.S. to the U.K. to Singapore, according to data from DownDetector. Users saw either a 500 or 502 error message. “The server encountered an error and could not complete your request,”
Shares of solar, elective vehicle and fuel cell companies all rallied Monday, after the Senate approved what J.P. Morgan analyst Mark Strouse called “the largest policy change in U.S. history” to accelerate the transition away from fossil fuels. The bill, named the Inflation Reduction Act, provides billions of dollars for clean and renewable energy production
By Raffaele Huang SINGAPORE–Baidu Inc. has received approval from two Chinese cities to charge passengers for its ride-hailing service operated without a driver or safety person in the vehicle, the search-engine giant said Monday. Baidu, the first Chinese company to obtain such permits, will operate from 9 a.m. to 5 p.m. in a designated 13
With a compromise spending bill that devotes more than $360 billion to climate change efforts, consumers for the first time will have a tax incentive to use toward previously owned electric vehicles. Newly built EVs also feature in the revived tax-credit proposals, which now look closer to passage in the Senate after Democrats reached agreement
I’m writing this unretirement column three days after turning 66 (and four months before reaching my Social Security “Full Retirement Age”). So, my 70s are just around the corner. Until recently, that gave me pause. But after seeing what people in their 70s said in the recent AARP/National Geographic “Second Half of Life Study” and
One of the few numbers growing faster than energy stock dividends is the size of crowds convinced they are not sustainable. I’ve never witnessed a consensus opinion as negative on an entire sector as on traditional energy. The debates are so one-sided that dividends’ simple clues are being overlooked, and instead more focus is placed
The California Department of Motor Vehicles is accusing Tesla Inc. of falsely advertising the capabilities of its self-driving technology. Two complaints filed July 28 show that the DMV is seeking changes in the way Tesla TSLA, -6.63% promotes its Autopilot and Full Self-Driving features or risk getting its manufacturing license suspended or revoked. “Respondent made
The numbers The U.S. added a sizzling 528,000 new jobs in July and the unemployment rate fell to pre-pandemic levels in a muscle-flexing display for the economy, but the robust report could add to inflation worries and push interest rates even higher. The increase in hiring blew past Wall Street estimates. Economists polled by The
DoorDash Inc. on Thursday reported continued growth in the second quarter, saying that its food-delivery business remains healthy despite economic uncertainty, but its loss was worse than what Wall Street expected. DoorDash DASH, +2.34%, which completed its acquisition of Finland-based Wolt in the second quarter, beat revenue and other expectations with its earnings report, though