EV model becomes a $40 million collector’s item
Ferrari’s first fully electric car, called Luce, in a handout image obtained by Reuters May…
EV model becomes a $40 million collector’s item
Ferrari’s first fully electric car, called Luce, in a handout image obtained by Reuters May 25, 2026, after the luxury sports car maker unveiled the model. Ferrari | Via Reuters A personalized model of Ferrari’s first fully electric vehicle has sold for $40 million in a charity sale, defying market skepticism and setting a record…
Strait of Hormuz shipping slows as U.S.-Iran ceasefire nears end
Ships are anchored in the Strait of Hormuz on August 10, 2026 off the coast of Bandar Abbas, Iran. Ali Saeedi | Getty Images Shipping traffic through the Strait of Hormuz slowed to a halt over the weekend ahead of the expiry date of the 60-day ceasefire between the U.S. and Iran on Monday, with…
China’s economy slows across the board in July as retail sales barely grow
BEIJING, CHINA – 2026/07/18: Shoppers stroll along a landscaped path near the POLÈNE luxury goods store in Sanlitun, carrying bags and enjoying the bustling scene. Sheldon Cooper | Sopa Images | Lightrocket | Getty Images China’s economy lost momentum across the board in July, as consumer spending stalled and urban investment contracted at a faster…
Japanese automakers vulnerable to one-two punch of Iran war, yen rally
A lot of cars are lined up for importing and exporting cars to the port. Kokouu | E+ | Getty Images Japanese automakers are looking vulnerable to fallout from the Iran war and any turnaround in the yen. Toyota, Honda and Nissan benefited in their most recent quarterly reports from a historically weak currency, with…
Japan GDP climbs 1.1% annualized, missing estimates
This photo taken on April 21, 2025 shows a customer walking past a display of instant noodles at a branch of Japanese discount retailer Don Quijote, also known overseas as Don Don Donki, in the Shibuya district of central Tokyo. (Photo by Richard A. Brooks / AFP) (Photo by RICHARD A. BROOKS/AFP via Getty Images)…
Believe the unbelievable in this market — things can be different
So many things have never happened before. That’s what’s so amazing about this market. Everywhere we turn, we see changes made that aren’t believed and yet are totally true. Take, for example, the following unbelievable year-to-date performances: SanDisk up 496%, Seagate up 238%, Club name Micron up 208%, and Western Digital up 171%. All four…
Top U.S. commander acknowledges mental health issues on USS Lincoln
U.S. Navy sailors heave on a line during a fueling-at-sea on the flight deck of the Nimitz-class aircraft carrier USS Abraham Lincoln during the Operation Epic Fury attack on Iran from an undisclosed location March 10, 2026. U.S. Navy | Via Reuters U.S. Central Command Commander Adm. Brad Cooper on Sunday acknowledged mental health challenges…
‘It doesn’t all have to be perfect’
Many Americans are waiting longer to hit traditional milestones like getting married, having kids, or buying a home. Gail Rudnick has some grandmotherly advice for these late bloomers: “It doesn’t all have to be perfect” to get started. The 84-year-old is part of the duo behind “Excuse My Grandma,” a podcast where she and her…
What it means for Social Security
Incumbent U.S. Rep. John Larson and his campaign staff wait for the results of the 1st Congressional District Democratic primary race, in East Hartford, Connecticut, Aug. 11, 2026. Connecticut Public Broadcasting | Getty Images News | Getty Images Lawmakers elected to Congress in 2026 are likely to be tasked with shoring up Social Security ahead…
Top Wall Street analysts like these dividend stocks for steady income
The stock market continues to grapple with volatility amid geopolitical tensions in the Middle East and concerns about the sustainability of the AI boom. Given this uncertainty, investors looking for steady income can add dividend-paying stocks to their portfolios. Tracking the recommendations of top Wall Street analysts can help investors pick the right dividend stocks,…
