Author: News Room
Unlock the US Election Countdown newsletter for freeThe stories that matter on money and politics in the race for the White HouseDonald Trump has picked Senator JD Vance as his running mate, elevating a former US marine who grew up poor in a move that could help the former president win votes across the crucial swing states of the industrial Midwest.Trump announced Vance, the junior US senator from Ohio, as his vice-presidential pick on the first day of the Republican National Convention in Milwaukee, and just two days after a gunman attempted to assassinate him.Trump confirmed his pick in a…
Dear readers/followers, Sika AG (OTCPK:SXYAY) is a company that I’ve looked at for a number of years, and invested in for about a year. My investment thus far has not outperformed the overall market – but the company is a solid investment option with strong fundamentals and market leadership in specialty chemicals. Specifically, Sika’s portfolio includes world-leading brands in bonding, sealing, damping, reinforcing, and protection, with impressive margins and market share. It’s well-known enough that even I, who is not in any way a “handyman”, have used Sika’s products in some renovating and home projects. In this article, I’ll update…
Saturday’s shooting at a Donald Trump rally was the first assassination attempt of a US presidential candidate in the age of social media – and the former president had barely been hit before the internet was abuzz with all sorts of unsubstantiated explanations for what had, or had not, occurred. The moments of uncertainty created an information void that was quickly filled by speculation, misinformation and conspiracy theories. At the same time, the social media industry has broadly retreated from efforts to clamp down on misinformation. That retrenchment left the door wide open for false and misleading claims by both Trump…
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Markets check: Stocks were up to kick off the new week, though they were trading off their higher levels of the session. The vicious rotation out of tech and into the “broadening out” trade that dominated the end of last week is playing out again Monday, but to a lesser extent. We’re seeing the small caps continue to catch a bid — with the Russell 2000 up almost 2% in the…
Apple on Monday released a preview version of its big new iPhone update.The iOS 18 public preview is a beta version of the software that will launch alongside new iPhones this fall, allowing Apple fans and developers to test the newest features before they officially launch and identify bugs before all iPhone users install the new software.This year, however, the most important new service isn’t in the public beta: Apple Intelligence. In June, Apple announced that some of its newer devices would be able to access Apple’s AI service that can answer questions intelligently, control your iPhone, and even generate…
Home prices increased again in April, hitting a new high that will likely keep homebuyers sidelined even as mortgage rates begin to soften, according to the latest S&P CoreLogic Case-Shiller national home price index report. Home prices rose 6.3% annually in April, a slight slowdown from the 6.5% annual increase in March. The 10- and 20-city indexes rose by 8% and 7.2% annually, respectively, each 0.3 percentage points slower than the prior month’s annual pace. While prices continue to show resilience, they also show signs of cooling.”At 6.3% annual gains, the index has decelerated from the start of the year,…
I woke up this morning to a financial “headline” that, while not uncommon, grated on me even more today. It’s a misleading question, asked not by a curious consumer but by a massive financial institution, that is surely designed to act as a lure for transactional sales more than a tool for educational edification. The seemingly harmless question that inspired this rant—I mean, post: “Should I buy gold?” But that’s the wrong question. In fact, just about any financial question that starts with these three words is likely nothing more than a sales pitch waiting to happen. Should I buy……
On GPS: The history of political violence in America Fareed talks with Joanne Freeman, professor of American history at Yale, to discuss how the assassination attempt on former President Donald Trump fits into a larger history of political violence in America. Read the full article here
Donald Trump called for national unity in the face of “evil” as more details came to light about the shooter who tried to assassinate him at a US presidential campaign rally on Saturday.The Republican candidate was injured in what the FBI are investigating as domestic terrorism and an attempted assassination in Butler, Pennsylvania, on Saturday evening. The brazen act of political violence has transformed the 2024 race and threatens to further polarise the country with less than four months to go until polling day in November.“We will FEAR NOT, but instead remain resilient in our Faith and Defiant in the…
Introduction Earnings season is about to heat up, which includes one segment I always cover very extensively: transportation. One transportation company I have increasingly covered since last year is the United Parcel Service, Inc. (NYSE:UPS). My most recent article on this company was written on March 28, when I went with the title “UPSwing: Why This Delivery Giant May Be Poised For Takeoff.” In that article, we discussed the company’s long-term growth plans after it held its Analyst/Investor Day. This included a bigger focus on markets with secular growth, as the company needs to diversify in an increasingly challenging market.…
