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Elon Musk and Tesla poised to benefit from ‘highly likely’ UAW strike against Detroit’s Big 3—and the timing is just right

Jennifer DuBois -
Tesla CEO Elon Musk is no fan of unions, but at the moment he might be quietly cheering on Shawn Fain. The United...
Business

Experts are split on whether stocks will beat the ‘September Effect’ – Ed Yardeni warns of pain while Bank of America sees room for...

Jennifer DuBois -
September is historically considered the worst month of the year for stocks, in what is known as the "September Effect."But this year, market...
Business

Apple, Moderna, Inflation, and More to Watch

Jennifer DuBois -
The latest inflation data will be this week’s main event, coming right before the Federal Reserve’s September...
Business

‘Nothing worse than higher oil prices’ as Fed fights inflation

Jennifer DuBois -
Oil's upward price movement is making the Federal Reserve’s path toward a 2% inflation target more difficult.The crude market's rise is likely to...
Business

Bill Ackman’s first stock was Wells Fargo – and Warren Buffett was a big reason why he bet on the bank

Jennifer DuBois -
Ackman picked Wells Fargo in part because his father's company, which helped real estate developers obtain financing, had never managed to secure a...
Business

Here’s how workers can show off their AI skills

Jennifer DuBois -
When IBM was building the first computers in the 1950s, the world and its workers had to prepare for a technology they knew...
Business

How Much of All Money Is in Bitcoin?

Jennifer DuBois -
How Much Is Bitcoin Worth? On Sep. 10, 2023, 1 BTC was worth approximately $25,758. There were more than...
Business

Alibaba’s Ex-CEO Zhang Quits as Ma’s Lieutenants Take the Helm

Jennifer DuBois -
(Bloomberg) -- Alibaba Group Holding Ltd.’s former chief Daniel Zhang has decided to quit just months after agreeing to lead its cloud division,...
Business

Alibaba’s outgoing CEO Daniel Zhang quits cloud business in surprise move

Jennifer DuBois -
By Brenda GohSHANGHAI (Reuters) -China's Alibaba Group on Sunday announced that Daniel Zhang will step down from its cloud business, in a surprise...
Business

Can Retirement Account Withdrawals Affect My Tax Bracket?

Jennifer DuBois -
If you withdraw money from a pre-tax retirement account, such as a 401(k) or an IRA, those withdrawals will apply to your income...
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