In new court filings Monday, Ford said it was unfairly precluded from providing evidence that would have demonstrated the truck involved in the fatal incident was safe and the roof structure was stronger than many of its peers. The trial is over a 2014 crash that killed two members of the plaintiffs’ family. The family … Read more
I’m about to marry a wonderful man. I built an investment portfolio of 23 units while we were dating. Now we’re questioning how to create a prenuptial agreement. Over the years, I have identified, purchased, and managed a rental-property portfolio across three buildings. These were purchased with my money, and I’m the sole owner on … Read more
Electric-car startup Faraday Future Intelligent Electric Inc. FFIE 18.60% has secured up to $100 million in new financing to fund operations after reaching a deal with one of its largest shareholders to resolve a monthslong governance dispute. The agreement comes after Faraday said last week that its company leaders were facing death threats and a … Read more
U.S. stock-index futures fell late Sunday, suggesting losses Monday, as the projected victory of a far-right party in Italy added to uncertainties about rising interest rates and recession fears. After falling nearly 200 points earlier in the session, Dow Jones Industrial Average futures YM00, -0.73% were down about 150 points, or 0.5%, around midnight Eastern, … Read more
Is a financial adviser needed if you feel overwhelmed about money? Getty Images/iStockphoto Question: I am a 26-year-old pharmacist earning approximately $100,000 a year — take home pay is about $5600 a month — living in St. Louis. I contribute 4% to my employer 401l(k), which is the maximum match. I currently have about $25,000 … Read more
Stocks and bonds are tumbling. Housing has weakened. And I haven’t heard a word about nonfungible cartoon monkey tokens in maybe three months. Strategists are now turning to truly bizarre assets—two I spoke with this past week recommended purchasing long-term Treasurys. One also said to favor shares of companies that generate cash, and he wasn’t … Read more
With rates on CDs now well above 0.60%, experts agree that sticking with a longer-term plan is the best way to get the biggest bang for your dollar. Getty Images/iStockphoto In its efforts to reign in record-high inflation, the Federal Reserve “went big” on its rate hike, announcing this afternoon that it would again raise … Read more
Nvidia Corp. Chief Executive Jensen Huang on Wednesday said he thinks it’s going to be “a pretty terrific Q4 for Ada,” the company’s next-generation chip architecture unveiled this week, even as critics balk of a price hike during a softening in consumer demand. Nvidia NVDA, +0.65% expects high demand for gaming chips using its next-generation … Read more
Text size Peloton Row Courtesy Peloton Peloton Interactive has unveiled a new exercise machine after a difficult few months for the at-home fitness company. Peloton (ticker: PTON) launched its highly anticipated Peloton Row, which has been in the works for years, on Tuesday. The company, best known for its bikes and virtual fitness classes, had … Read more
Ever since the global financial crisis, City bosses have complained that politicians don’t give financial services enough love. The attitude to one of the UK’s few world-leading industries has been at best lukewarm, they moaned. Well, they can hardly lay that charge against the new prime minister. Liz Truss is surely the only world leader who … Read more