The Ford Mustang has once again claimed the title of America’s most popular mainstream sports car for the third quarter of 2024. With an impressive 9,041 units sold during this period and a total of 36,485 deliveries year to date, the iconic pony car continues to reign supreme. Meanwhile, the discontinued Camaro and Challenger models saw significantly lower sales figures. Despite their recent discontinuation, the Camaro managed to sell 444 units in the third quarter, while the Challenger sold 3,657. The Challenger’s year to date sales of 24,874 were surprisingly high, considering its impending end of production. The Corvette, while…
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As the automotive world continues to evolve, Chevrolet, like many other automakers, is undergoing significant changes. The brand has recently made the strategic decision to phase out most of its passenger car lineup, leaving only the iconic Corvette standing. Despite these changes, General Motors, Chevrolet’s parent company, has maintained its position as the top-selling automaker in the United States. However, Chevrolet’s sales have experienced a slight decline, particularly for its passenger car models. The once-popular Camaro, for example, has seen a dramatic drop in sales. Chevrolet El Camino: A Modern Concept Revives a Classic Coupe Utility (rostislav prokop /Instagram) One…
Image source: Getty Images Who doesn’t love the idea of earning a second income? With interest rates pushing up the cost of living, dividend stocks are becoming an ever-increasingly attractive proposition, especially those with an enticing yield. After all, investors simply have to just buy and hold these assets to earn some extra cash passively. But how much money can investors actually make with this investing strategy? And what are some of the pitfalls to be on the lookout for? Let’s explore Unlocking a £11.9k a year Let’s say an investor’s been savvy. And after a year of saving, they…
BNY Mellon (NYSE: BK) reported robust third-quarter earnings, with earnings per share (EPS) of $1.50, up 22% year-over-year, and total revenue of $4.6 billion, a 5% increase from the previous year. The company also announced the acquisition of Archer to enhance its asset servicing capabilities.Key Takeaways • EPS of $1.50, up 22% year-over-year • Total revenue of $4.6 billion, a 5% increase • Assets under custody and/or administration surpassed $50 trillion • Acquisition of Archer announced • Introduction of Alts Bridge for wealth advisers • $1.1 billion returned to shareholders in Q3 2024Company Outlook • Expects to maintain flat core…
Since their emergence in the 1970s, defined contribution (DC) plans in the United States have evolved. One notable change has been a shift in how they develop investment lineups for participant-directed DC plans. Plan sponsors are progressing from simply using commonly held investment beliefs to creating a structure that intentionally considers the characteristics and needs of their unique group of participants. In this article, I outline the process for creating such a structure from an asset class perspective. A key component to thoughtful DC plan investment design is crafting a diversified investment structure before selecting specific investment vehicles. Regulatory Foundation…
Investors have plenty to feel positive about. Inflation is easing, with the latest data showing an annualized rate of 2.4%, just shy of the Fed’s target by less than half a percentage point. Meanwhile, the stock market continues its bullish run, with the S&P 500 hitting a record high of 5,822 on Friday, marking a 22% year-to-date gain.The naysayers have, so far, been proven wrong – the economy, at least as far as the stock market is concerned, remains robust. Oppenheimer’s chief investment strategist, John Stoltzfus, echoes this positive sentiment, stating, “The S&P 500’s closing price suggests to us a…
(Reuters) – Changes announced by Russia to its nuclear weapons policy were long overdue and will probably “cool the ardour” of its Western enemies, Belarusian leader Alexander Lukashenko said in an interview released on Sunday. Lukashenko, a close ally of President Vladimir Putin, said “hotheads” in the West had already heard the nuclear signals being sent by Moscow even before the Kremlin leader announced the changes last month. Putin said on Sept. 25 that Russia was extending the list of scenarios that could prompt it to consider launching a nuclear weapon, including if it had reliable information about a massive…
The space exploration is undergoing a dramatic transformation, with the emergence of private space companies paving the way for civilians to start on cosmic adventures. Polaris Dawn, a groundbreaking mission led by Jared Isaacman, CEO of Shift4 Payments, marked a significant milestone in this new era. The crew, comprising a retired USAF pilot, Scott Poteet, and two SpaceX engineers, Sarah Gillis and Anna Menon, all non-astronauts, ventured on a record-setting journey to Earth orbit. Unlike previous private spaceflights, Polaris Dawn had a clear set of research objectives. Polaris Dawn: Civilian Spaceflight Reaches New Heights in Exploration (SpaceX) The mission successfully…
The Dodge Charger, a nameplate synonymous with American muscle cars, has had a storied history. Introduced in 1966, it followed the footsteps of other automakers who had capitalized on the burgeoning pony car segment. Its initial success was undeniable, but the Charger’s journey was far from smooth. After a brief hiatus in the late 1970s, it was revived in 2005 as a modern muscle sedan, featuring a powerful V8 engine and aggressive styling. However, even this iteration faced its challenges, including declining sales and changing consumer preferences. Dodge Charger: A Blend of Muscle Car Heritage and Modern Innovation (abimelecdesign /…
Image source: Getty Images In a bid to inject a bit of excitement into my portfolio, I decided to look for a red-hot FTSE 250 share or two. I’ve assembled a balanced portfolio of FTSE 100 blue-chips over the last year, and wanted something with mightier growth potential. I instantly spotted a familiar name: online grocer and logistics group Ocado Group (LSE: OCDO). It only crashed out of the FTSE 100 on 21 June, after a six-year stint. To be honest, I’m surprised it lasted that long. After peaking at 2,808p in February 2021, the Ocado share price had lost…