EV batteries lack repairability leading some insurers to junk whole cars after even minor collisions
Some insurers are forced to scrap whole electric vehicles if their batteries are scratched or slightly damaged as they lack repairability and cost as much as 50% of the total vehicle.
New 1-bedroom apartments get smaller, now under 900 feet
New apartments in the U.S. saw their average square footage go down in 2022, according to a report published by the real estate website RentCafe recently.
JPMorgan Chase’s nickel bags turn out to be full of stones: report
An apparent mix-up at a warehouse in Rotterdam led to JPMorgan Chase buying what it thought was $1.3 million worth of nickel but turned out to be bags of stones.
Jamie Dimon leading efforts for new First Republic Bank rescue plan
First Republic Bank faced a second credit rating downgrade on Monday amid concerns that the troubled San Francisco lender needed another liquidity boost.
Hawley proposes bill revoking China's preferential trade status
Senator Josh Hawley is introducing legislation to permanently revoke China's "most favored nation" trading status as a means of protecting American workers.
White House says talks in the works for Secretaries Yellen, Raimondo to visit China, discuss economic issues
A potential visit by Treasury Secretary Janet Yellen and Commerce Secretary Gina Raimondo is in the works, National Security Council Spokesman John Kirby revealed Monday.
Crossmark Global Investments CIO Bob Doll discusses how high the Fed might raise rates as a banking panic collides with inflation fears on 'The Claman Countdown.'
Fox News contributor Robert Wolf and CTBC Bank USA president and CEO Noor Menai discuss the stability of the U.S. economy and the importance of regional banks on 'The Claman Countdown.'
Joe Biden issues first veto, rejecting attempt to block ESG effort
President Biden’s veto, which allows investment professionals to consider ESG in portfolio management is unlikely to be overridden in the narrowly divided Congress.
Bed Bath & Beyond stock falls to 30-year low on reverse stock split plan
Shares of Bed Bath & Beyond hit a 30-year low on Monday following the retailer’s decision to propose a reverse stock-split to shareholders at a special meeting.
ETF industry could grow to $15T in next 5 years
Exchange-traded funds, otherwise known as ETFs, are smart investment picks for many reasons, including portfolio diversification, their lower risk and transparency.
