Calls of the Day: Martin Marietta, Datadog, Bristol-Myers, Eli Lilly and Disney
The Investment Committee debate the latest Calls of the Day. Source link
Trump’s tariffs in his first term did little to alter the economy, but this time could be different
WASHINGTON — Donald Trump loved to use tariffs on foreign goods during his first presidency. But their impact was barely noticeable in the overall economy, even if their aftershocks were clear in specific industries. The data show they never fully delivered on his promised factory jobs. Nor did they provoke the avalanche of inflation that … Read more
College Football Playoff rankings: Alabama, Clemson on outside looking in as Arizona State surges
Alabama dropped to No. 13 in the latest College Football Playoff rankings Tuesday night and Mississippi fell to No. 14, leaving the SEC with only three teams in the projected field of 12 heading into the final weekend of the regular season. Oregon, Ohio State, Texas and Penn State remained the top four in the … Read more
How to conquer a money bias that could be holding you back
If you’re like most people, you likely know that you need to make a few key moves to get your finances on track. You just haven’t quite gotten around to it yet. Those who feel stuck in the mud financially can take some solace in the fact that they come by it honestly. That’s because … Read more
American Express CEO on small business economic recovery, health of the American consumer
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Stephen Squeri, American Express CEO, joins ‘Squawk on the Street’ to discuss American Express’ focus on small businesses, the health of the American consumer, and much more. Source link
Average rate on a 30-year mortgage in the US slips to 6.81%
The average rate on a 30-year mortgage in the U.S. eased this week, though it remains near 7% after mostly rising in recent weeks. The rate slipped to 6.81% from 6.84% last week, mortgage buyer Freddie Mac said Wednesday. That’s still down from a year ago, when the rate averaged 7.22%. Borrowing costs on 15-year … Read more
LIV Golf will hire sports and entertainment leader Scott O’Neil to replace Greg Norman, report says
LIV Golf is hiring Scott O’Neil, former CEO of the Philadelphia 76ers and New Jersey Devils, to replace Greg Norman in running the Saudi-backed rival league about to enter its fourth season, The Athletic reported Wednesday. Sports Business Journal reported last month that the Public Investment Fund of Saudi Arabia planned to shift Norman into … Read more
Australian police officer guilty of manslaughter for shocking woman with Taser
Kristian James Samuel White, an Australian police officer, has been found guilty of manslaughter for shocking a 95-year-old nursing home resident with a Taser. The jury in Sydney deliberated for 20 hours before reaching the verdict on Wednesday. White, who is on bail, faces up to 25 years in prison when he is sentenced later. … Read more
New Trump policies could add 2-3% total inflation over the next 2-3 years: Princeton’s Alan Blinder
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Alan Blinder, former Fed vice chair and Princeton professor, joins ‘Squawk on the Street’ to discuss Blinder’s thoughts on inflation, why this round of tariffs will be different for prices than previous rounds, and much more. Source link
Hyundai recalling over 226K cars, SUVs to fix rearview cameras
Hyundai is recalling more than 226,000 SUVs and small cars in the US because the rearview camera image may not show up on the screens. The recall covers certain Santa Fe and Elantra vehicles from the 2021 and 2022 model years. Hyundai says in documents posted Wednesday by safety regulators that solder joints on a printed circuit … Read more