Today, automatic transmissions dominate the market, with only 1.7% of new cars in 2023 coming with a manual, according to J.D. Power. While manual gearboxes are often more reliable, most drivers now prefer the ease of automatics or paddle shifters. However, during the golden age of muscle cars in the late ’60s and early ’70s, manual transmissions were far more common, especially in cars with massive torque. Many of these high-powered muscle cars came standard with a manual gearbox, though automatics were sometimes optional. Daxstreet dug into the archives and gathered information from trusted sources to find some of the…
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14 October 2024 Health Care Law Today Medicare Coverage: CMS Finalizes New Pathway for Breakthrough Devices The Centers for Medicare & Medicaid Services released a Final Notice for Transitional Coverage for Emerging Technologies, effective August 12, 2024, to provide “transparent, predictable, and expedited national coverage” for eligible devices designated as “breakthrough devices” by the U.S. Food & Drug Administration. Source link
Steve Saleen has been enhancing fast cars since the early 1980s. Like the famous Carroll Shelby, Saleen began his journey as a racing driver before shifting gears to create his own cars. He focused on improving the already impressive Ford Mustang, making modifications that boosted their speed on both straight roads and racetracks. Some of his customized Mustangs have become very rare collectibles. Before long, Saleen evolved from a small-scale tuner into an official partner of Ford. His passion for performance led him to achieve a lifelong dream in 2004 when he launched his own supercar, designed and built from…
Image source: Getty Images These FTSE 100 companies are tipped to deliver stunning earnings growth over the next two years. But I wouldn’t touch these growth shares with a long stick. Here’s why I think they might prove to be expensive mistakes if I bought them. Barclays Retail banks are known as safe-and-steady investments rather than blistering growth shares. But in the case of Barclays (LSE:BARC), the opposite appears to be true. Well, at least that’s the situation based on current broker forecasts. The City thinks earnings at the FTSE 100 bank will soar 17% in 2024, and by an…
Style regimes constitute one of investors’ largest risk factors, second only to overall equity exposure. After 15 years of growth style dominance, the return of intra-market volatility has prompted renewed interest in style framework and cyclical rotations. By reacquainting ourselves with the dynamics of style cycles, we can better understand how these portfolio building blocks shape our financial futures. In this analysis, I will demonstrate that style returns are the market’s veritable gulf stream, and investors should not ignore their powerful currents. I will address three basic yet fundamental questions: 1. What is the typical duration of growth and value…
By Ankur Banerjee SINGAPORE (Reuters) – The U.S. dollar was perched at an over two-month high against major currencies on Tuesday, spurred by wagers the Federal Reserve will proceed with modest rate cuts in the near term, pinning the yen closer to the key 150 per dollar level. The euro also remained on the back foot, trading near the lowest level since Aug. 8 touched on Monday ahead of the European Central Bank policy meeting on Thursday, where the central bank looks set to deliver another interest rate cut. A string of U.S. data has shown the economy to be…
The 2024 Tesla Model 3, particularly the “Highland” variant, introduces noteworthy enhancements in noise reduction and driving comfort. Testing revealed that a Long Range RWD model averages 67 decibels at a 70 mph cruise, a three-decibel improvement over the last tested Model 3, which was a 2019 Dual Motor Long Range. This reduction in noise signifies a significant shift in the driving experience, making long-distance travel more enjoyable. Previous models had been cited for their relative noisiness compared to other vehicles, but the 2024 iteration changes that perception. Several engineering advancements contribute to the improved quietness of the latest Model…
Earnings season continues, and we’re here to spotlight the companies set to report their financial results on Tuesday, October 15, 2024. Leading the pack are healthcare giants United Health Group and Johnson & Johnson, along with financial heavyweights Bank of America, Goldman Sachs, and Citigroup. These reports will provide crucial insights into the health of various sectors as we progress through this earnings season. Earnings Before the Open: • United Health Group (UNH): EPS est. $7.02, Revenue est. $99.14B • Johnson & Johnson (JNJ): EPS est. $2.19, Revenue est. $22.17B • Bank of America (BAC): EPS est. $0.76, Revenue est.…
(Reuters) – Citi Research on Monday raised its bull case scenario for oil prices for this quarter and the next one, citing heightened potential of the market to fear or realize supply losses during these months due to growing Middle East conflict.The bank upgraded its bull case for the fourth quarter of 2024 and first quarter of 2025 to $120 per barrel (bbl) from $80/bbl.However, “we maintain our baseline forecast for $74/bbl Brent in 4Q’24 and $65/bbl during 1Q’25, owing to weak underlying oil market fundamentals,” Citi added.It also said it was holding its bear scenario, which includes OPEC+ raising…
Toyota is recalling its 2023 and 2024 Corolla Cross Hybrid models due to a brake component issue that affects a total of 42,199 vehicles. While this number includes vehicles worldwide, not all affected units were sold in the United States. The recall has been documented in filings with the National Highway Traffic Safety Administration (NHTSA), the agency responsible for overseeing vehicle safety and recalls in the U.S. The cause of the recall is a software error in the skid-control electronic control unit (ECU) that oversees the vehicle’s braking system. This malfunction can lead to a loss of power brake assist…