A look at the day ahead in U.S. and global markets from Mike Dolan Wall Street’s looks poised to test 6,000 for the first time as the Federal Reserve underscored a post-election stock surge with its second interest rate cut of the year on Thursday and a nod to more. Overseas, Friday’s focus was on China’s widely expected debt-raising stimulus plans – although the readout was these were in line with prior indications and , bond yields and stocks all edged lower. Already lifted to record highs by this week’s quick and decisive election results and the prospect of President-elect…
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General Motors has initiated a safety recall for a select number of 2025 Cadillac XT4 crossovers due to a potential airbag deployment issue. The problem stems from a manufacturing error by Yanfeng Ramos Arizpe of Mexico, where the instrument panel upper cover wasn’t properly scored, which could hinder the correct functioning of the passenger-side airbag. 2025 Cadillac XT4 Recall Issued for Airbag Safety Concerns (Cadillac) The issue was identified on August 30, 2024, and a stop-delivery order was issued on September 20, 2024, though some vehicles had already been delivered to customers. The affected XT4s were produced between September 4…
Spreading your investment dollars across multiple promising stocks can give you more odds of earning a big return in the future. Investing in growth stocks can lead to huge returns in the long run. The problem is that it can be difficult to predict which ones will become the real deal and which ones will fail miserably. That’s why rather than investing a large sum into one stock, you may be better off spreading that amount across multiple investments. Even if you get most of your stock picks wrong, hitting a home run with one growth stock can more than…
Spreading your investment dollars across multiple promising stocks can give you more odds of earning a big return in the future. Investing in growth stocks can lead to huge returns in the long run. The problem is that it can be difficult to predict which ones will become the real deal and which ones will fail miserably. That’s why rather than investing a large sum into one stock, you may be better off spreading that amount across multiple investments. Even if you get most of your stock picks wrong, hitting a home run with one growth stock can more than…
Classic BMW R motorcycles are popular for custom builders due to their affordability and legendary reliability. This versatility is evident in the vast array of R-based projects, from cafe racers to bobbers and scramblers. Some workshops specialize exclusively in these air-cooled beauties, while others keep revisiting the platform for its endless potential. This stunning custom scrambler is the brainchild of Seba Achaval, owner of OneYedeer in Brooklyn. A client named Alex entrusted Seba with his 1984 R80 RT, requesting a transformation that included passenger capacity and a monoshock conversion. The rest, however, was left to Seba’s creative vision. 1984 BMW…
Image source: Getty Images The Lloyds (LSE: LLOY) share price is one of the most-watched in the FTSE 100. Boasting a £33bn market cap, Lloyds is also one of the largest financial institutions in the UK. There’s been one big reason in particular I’ve had my eye on the banking giant in recent days: interest rate cuts. Interest rates heading down All eyes were on the Bank of England yesterday (7 November) as the UK central bank cut interest rates by a further 25 basis points to 4.75%. That’s the second cut from the recent 5.25% highs, which may be…
Collectors with a passion for automotive history will be vying for a piece of Mercedes-Benz heritage at an upcoming Las Vegas auction. The centerpiece? The final 300 SL Gullwing ever produced, a car that transcends mere transportation and embodies a bygone era of automotive design. This meticulously maintained beauty, originally a showpiece for a trade fair in 1957, boasts a unique pedigree a special order Standwagen with ownership by just four individuals in its nearly seven decade lifespan. The prestigious RM Sotheby’s event, hosted by car enthusiast Jay Leno and dedicated to the Stallones, promises to be a record breaker,…
Block (NYSE:) reported third-quarter earnings that met expectations, but revenue fell short of analyst estimates. The stock initially fell 10% but those losses were reduced to around 3% in premarket trading Friday. The financial technology company, formerly known as Square, reported adjusted earnings per share of $0.88, in line with analyst projections. However, revenue for the quarter came in at $5.98 billion, missing the consensus estimate of $6.24 billion. Despite the revenue shortfall, Block saw strong growth in its key business segments. Gross profit grew 19% YoY to $2.25 billion, with Cash App generating $1.31 billion in gross profit, up…
SINGAPORE/SHANGHAI (Reuters) – China top legislative body approved a bill on Friday to allow local governments to issue 6 trillion yuan ($838.8 billion) in bonds to swap for off-balance sheet or “hidden” debt over three years, as policymakers sought to spur the sluggish economy. The standing committee of the National People’s Congress (NPC) approved the bill during a meeting from Nov. 4 to 8. Finance Minister Lan Foan signalled further stimulus is in the pipeline, but gave few details. Local government would be able to use another 4 trillion yuan in issuance that has already been approved to finance the…
Triumph’s modern classics, with their blend of reliability, aesthetics, and performance, provide an excellent foundation for customization. A&J Cycles, a New York-based workshop, has a penchant for these bikes, and their latest build is a testament to their expertise. Taking a 2017 Thruxton R as their canvas, they stripped it down to its essentials and reimagined it with a minimalist approach. The rear end was completely overhauled with a custom looped subframe, a sleek LED taillight, and a comfortable bench seat. Triumph Thruxton R Transformed: A Minimalist Masterpiece by A&J Cycles (Mark Squitieri) Ohlins shocks raised the rear, providing both…