By Trevor Hunnicutt WASHINGTON (Reuters) – U.S. President Joe Biden will meet Chinese counterpart Xi Jinping for likely the final time on Saturday, senior administration officials said, as Beijing prepares for a potentially more confrontational period with Washington under Donald Trump. The two leaders are expected to hold talks spanning a range of global hot spots, including heightened tensions between Washington and Beijing, on the sidelines of the Asia-Pacific Economic Cooperation forum in Lima, Peru. It will be their first known interaction since an April phone call. “The conversations are not easy,” said one of the officials, who spoke on…
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Peltz is happy Trump won, but doesn’t think the rally will lastBillionaire investor Nelson Peltz is confident in the incoming Trump administration, but he doesn’t think the stock market rally will last.”Trees don’t grow to the sky, definitely not uninterrupted,” he told CNBC’s Sara Eisen at CNBC’s Delivering Alpha conference. The Trian Partners’ CEO thinks investors are getting caught up in the hype and that things will cool down. “There will be something that will upset it. I think we’ve got euphoria from the election. On the other hand, you look at the international stocks, we’ve gotten slayed over the…
The Mercedes-Benz GLE remains our top pick in the midsize luxury SUV category. Originally launched in 2020, the GLE received notable enhancements for 2024, such as refreshed styling, a refined interior, an upgraded infotainment system, and the introduction of a new plug-in hybrid option. Therefore, only minor adjustments to options and packages are anticipated for the 2025 model. Interior and tech One of the GLE’s standout features is its luxury-oriented interior. The cabin offers ample space and is crafted from high-quality materials, while the central touchscreen, powered by the impressive MBUX infotainment system, is both visually appealing and user-friendly with…
For anyone who finds investment markets daunting, especially younger millennials and Gen Zers, Nasdaq CEO Adena Friedman has a three-word piece of advice: Learn by doing.It’s her most important money advice for all investing newcomers — including her own children, Friedman told CNBC Make It on Tuesday while speaking at the Fortune Global Forum 2024.”Learn by doing — with small amounts of money, or even on platforms where you don’t actually have to use real money,” said Friedman. “As you get more engaged and more educated, you can start to take more risks … and then get more confidence.”Friedman has…
Tom Steyer, Co-Executive Chair of Galvanize Climate Solutions, joins Yahoo Finance’s Madison Mills at Yahoo Finance Invest to share his thesis for investing in the energy transition. Steyer says he looks for companies that may not be featured on the front page of a newspaper like Tesla (TSLA). He seeks out names that generate “real compounding good returns” over a long period of time. “I think there’s going to be a whole other part of this economy absolutely relevant to climate, where returns are going to be really good. Information, agriculture, sequestration,” says Steyer. When it comes to public investment…
Kum & Go, the Midwest gas station chain known for the humor its name often inspires, is heading for a rebrand. Maverik, a competitor that acquired Kum & Go in 2023, announced it has started rebranding Kum & Go locations with plans to unify the network under the Maverik name, bringing an end to the 49-year-old brand that became known for its risqué moniker. “While we are committed to this vision, we are approaching it carefully on a market-by-market basis to ensure a seamless customer experience before finalizing each state’s rebrand,” a Maverik spokesperson shared. However, Maverik did not specify…
David D. Brown, the Chief Financial Officer of First Community (NASDAQ:) Bankshares Inc. (NASDAQ:FCBC), recently executed several stock transactions involving the company’s common stock. On November 11 and 12, Brown sold a total of 4,350 shares, generating proceeds of approximately $208,027. The shares were sold at prices ranging from $47.25 to $48.50. In addition to the sales, Brown exercised stock options on both days, acquiring a total of 3,000 shares at an exercise price of $33 per share, totaling $99,000. Following these transactions, Brown holds 12,676 shares directly. These transactions reflect a mix of selling and exercising stock options, a…
If You Invested $100 In Dogecoin When The Meme Coin Launched, Here’s How Much You’d Have Today Started as a joke in 2013, meme cryptocurrency Dogecoin (CRYPTO: DOGE) remains one of the most valuable and talked-about cryptocurrencies today. Crypto and other coins in the sector have soared after Donald Trump won the 2024 presidential election, ushering in a potentially more crypto-friendly administration. Here’s a look at the history of Dogecoin and how much lucky investors who bought back in 2013 would have now. What Happened: Dogecoin was created in 2013 by Jackson Palmer and Billy Markus. The coin was meant to be a…
The angular, steel-plated Cybertruck has become the latest addition to Tesla’s expanding lineup of electric vehicles. Built in Texas—right in the heart of pickup truck country—the Cybertruck finally entered the market in late 2023, debuting at a starting price of $60,990. However, the initial units that rolled off the production line were the high-end $120,000 Foundation Series trucks. Although the Cybertruck was originally announced in 2019, it arrived late to the electric pickup truck scene, entering just as electric vehicle buyers began gravitating toward smaller, more affordable options. Even the Cybertruck’s lowest-priced trim is $20,000 more than what CEO Elon…
The Bipartisan Infrastructure Law was bad for the climate. Wait ’til you see the Unipartisan version.A new analysis by Transportation for America shows that 70 percent of the money from the Biden administration’s signature infrastructure bill, the Infrastructure Investment and Jobs Act (IIJA), funded car infrastructure projects, thanks largely (and perhaps obviously) to state Departments of Transportation. Transit and passenger rail projects represent about 20 percent of funding:States poured so much money into roads, in large part, because of the way the Biden administration and Congress conceived of the law: About $200 billion of the $643 billion went into competitive grant…