During the 1960s, American car manufacturers were fiercely competing to produce the fastest and most powerful muscle cars. The quarter mile drag strip became the main battleground for this competition, where companies raced to prove their vehicles’ speed and performance. Winning in drag racing was not just a point of pride; it also brought significant financial rewards, prompting automakers to push the limits of speed and power. This race for supremacy led to the creation of some incredible muscle cars. Manufacturers poured their resources into engineering and design, resulting in machines that could blaze down a straight stretch of road…
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LONDON (Reuters) -British police arrested two men after environmental activists sprayed orange paint on a section of the U.S. embassy building in south London on Wednesday to protest against Donald Trump’s victory in the presidential election. Two campaigners from Just Stop Oil sprayed the embassy’s compound wall with orange paint, a video posted by the group on X showed. “Trump’s win puts the lives of ordinary people at risk, everywhere,” Just Stop Oil said. London’s Metropolitan Police arrested two men, aged 25 and 72, on suspicion of criminal damage, the force said. “This activity is vandalism purporting as protest and…
Reigning supreme in the compact crossover SUV segment, the Toyota RAV4 remains the undisputed champion. This iconic model not only holds the title of best-selling SUV of all time, but it also pioneered the entire crossover craze back in the mid-90s. Since its debut, the RAV4 has seen five generations dominate the market, with the current iteration (XA50) continuing the legacy. Sales figures speak for themselves: a staggering 1,490 units were sold daily in the US just last September, contributing to a total of over 350,000 delivered year to date. Toyota RAV4 Leads Compact SUV Market, as Kia Sportage Aims…
Abortion ballot measures pass in 7 states, fail in 3 othersActivists hold a rally in support of two Missouri ballot amendments including Amendment 3, a measure that would establish a constitutional right to abortion, at a UAW local in Kansas City, Missouri, U.S., October 12, 2024. Evelyn Hockstein | ReutersAbortion rights ballot measures passed in seven states and failed in three others, more than two years after the U.S. Supreme Court overturned Roe v. Wade and ended the federal constitutional right to the procedure. Amendments to protect abortion access passed in Arizona, Colorado, New York, Maryland, Montana, Missouri and Nevada.Voters in Missouri…
Launched on 04/24/2003, the Invesco S&P 500 Equal Weight ETF (RSP) is a passively managed exchange traded fund designed to provide a broad exposure to the Large Cap Blend segment of the US equity market. The fund is sponsored by Invesco. It has amassed assets over $66.56 billion, making it one of the largest ETFs attempting to match the Large Cap Blend segment of the US equity market. Companies that find themselves in the large cap category typically have a market capitalization above $10 billion. Overall, they are usually a stable option, with less risk and more sure-fire cash flows…
In order to justify the effort of selecting individual stocks, it’s worth striving to beat the returns from a market index fund. But in any portfolio, there are likely to be some stocks that fall short of that benchmark. We regret to report that long term Sphere Entertainment Co. (NYSE:SPHR) shareholders have had that experience, with the share price dropping 47% in three years, versus a market return of about 17%. With that in mind, it’s worth seeing if the company’s underlying fundamentals have been the driver of long term performance, or if there are some discrepancies. Check out our…
Cathie Wood mastered an ability to make headline news. Perhaps the biggest reason for this is due to her high-conviction stances in otherwise risky and speculative opportunities. Wood is the CEO of Ark Invest, an investment management firm offering a series of exchange-traded funds (ETFs) that are mostly comprised of businesses in emerging markets such as biotech and artificial intelligence (AI). Start Your Mornings Smarter! Wake up with Breakfast news in your inbox every market day. Sign Up For Free » Although Wood does own some blue-chip stocks, the majority of her largest positions are held in smaller companies that she and…
The 1971 Plymouth Road Runner marked a pivotal moment in automotive history, a swan song for the iconic HEMI engine. After years of dominating the drag strip and thrilling enthusiasts, Chrysler’s decision to discontinue its high-performance V8s in 1971 spelled the end of an era. While the Road Runner soldiered on beyond that year, its performance was significantly diminished. The 1971 model year, with its limited production and rare engine options, stands out as a particularly special time for the Road Runner. Of the 13,664 Road Runners produced in 1971, only a tiny fraction were equipped with the legendary 426…
Image source: Getty Images The Lloyds (LSE: LLOY) share price took a sharp 14% dive last month, deviating from an otherwise steady rise throughout the year. The FTSE 100 fell 2.12% over the same period. It followed news that shareholders may take the brunt of potentially £1bn in costs related to the ongoing car financing probe. The controversy first came to light earlier this year but the full extent of the issue was not immediately made clear. Now, Lloyds looks likely to cut its £2bn share buyback programme in half. Lloyds is not the only one affected, with Close Brothers…
The year was 1960, and the California desert was the stage for a legendary race. The Big Bear Run, a lawless off-road extravaganza, attracted a staggering 766 riders. Among them was a 16 year old phenom named Eddie Mulder, who would etch his name in history by becoming the youngest champion. Riding a Royal Enfield Fury 500cc, Mulder conquered the challenging terrain in just four hours and 21 minutes. Now, Royal Enfield pays homage to this iconic moment with the Bear 650, a scrambler inspired by the spirit of the ’60s. Based on the Interceptor 650 platform, the Bear 650…