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☆ Here is what Ukraine probably wants from its wild assault on Russian territory
▼ + stars: | 2024-08-12 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +8 min

Read previewUkraine has surprised the world with its attack on Kursk, a rare ground invasion of Russian soil. As of Monday, the Kremlin announced that Ukrainian troops had advanced almost 19 miles into the western Russian region. In a public meeting that afternoon, Russian President Vladimir Putin instructed his military to purge Ukrainian troops from Kursk. Matthew Savill, director of military sciences at the London-based Royal United Services Institute, assessed on Monday that some Russian troops had been moved from within Ukraine, but the scale is unclear. He said this would likely only be incidental to Ukraine's main strategic goal in the Kursk attack.

Persons: —, Patrick Bury, Vladimir Putin, We're, Matthew Ford, Ford, Matthew Savill, Savill, Russia's, West, Ukraine —, Bury, we've, they've, Putin, Vladimir, Peter Dickinson Organizations: Service, UK's University of Bath, Kremlin, Business, Agence France, Presse, BI, UK's University of Sussex, Royal United Services Institute, West Ford, Ukraine, Pentagon, Trump, Atlantic, Moscow Times Locations: Ukraine, Kursk, Russian, Russia, Kyiv, London, Kharkiv

☆ Elon Musk initially said the Cybertruck would cost from $39,900. Now, you can't buy it for much less than $100,000.
▼ + stars: | 2024-08-12 | by ( Tom Carter | ) www.businessinsider.com time to read: +1 min

The cheapest Cybertruck available right now is $100,000. Tesla quietly removed the option to order planned cheaper versions of the pickup. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementWhen Elon Musk first unveiled Tesla's Cybertruck in 2019, he touted the futuristic pickup as a competitor to the Ford F-150 with a starting price of $39,900. Tesla has quietly removed the option to preorder the rear-wheel and all-wheel drive versions of the Cybertruck, according to an archived version of its website.

Persons: Tesla, —, Elon Musk, Tesla's Organizations: Service, Ford, Business

Ronda Churchill | Afp | Getty ImagesEconomist Brian Deese has begun advising Vice President Kamala Harris as she develops her economic policy plan, according to three people familiar with the matter. Deese is a former director of President Joe Biden's National Economic Council and a fellow at MIT's Center for Energy and Environmental Policy Research. Harris is also working with Mike Pyle, a former deputy National Security Advisor for International Economics in the Biden White House, these people said. Director of the National Economic Council Brian Deese (L) and Vice President Kamala Harris (R) listen during the weekly economic briefing in the Oval Office at the White House on April 9, 2021 in Washington, DC. Along with Pyle and Deese, former senior Treasury official Brian Nelson is also advising Harris on policy.

Persons: Kamala Harris, Ronda Churchill, Brian Deese, Joe Biden's, Harris, Deese, Mike Pyle, Amr Alfiky, Pyle, Millison, Brian Nelson, Gene Sperling Organizations: Democratic, Thomas, Mack Center , University of Nevada, Afp, Getty, Economic Council, MIT's Center for Energy, Environmental, Research, National, International Economics, Biden White House, National Economic, White, BlackRock, CNBC, Ford Motor Co, Macro Advisory, Ford, Treasury, White House Locations: Las Vegas , Nevada, Ronda, Washington ,, BlackRock

February 14, 2025: "Captain America: Brave New World"Anthony Mackie will lead "Captain America: Brave New World" as Sam Wilson, the new Captain America. Eli Adé/Marvel StudiosSam Wilson (Anthony Mackie) is the new Captain America in the fourth film of the franchise. Harrison Ford is taking over as Ross after the original actor William Hurt, died in 2022 after complications from prostate cancer. According to the first trailer, Ross is now the president and is trying to force Captain America to a government ally. The film was formerly called "Captain America: New World Order."

Persons: Anthony Mackie, Sam Wilson, Eli Adé, Marvel Studios Sam Wilson, He'll, Hulk, Thaddeus, Thunderbolt, Ross, Harrison Ford, William Hurt, America, Giancarlo Esposito, Tim Blake Nelson, Liv Tyler, Betty Ross, Mark Ruffalo, Shira Haas, Sabra, Danny Ramirez, Carl Lumbly, Julius Onah Organizations: Marvel Studios, America, Serpent Society, Sidewinder

☆ Californians are buying fewer Teslas. That could be a bad sign for Elon Musk.
▼ + stars: | 2024-08-11 | by ( Grace Kay | ) www.businessinsider.com time to read: +5 min

Read previewTesla has a California problem — its residents aren't buying as many of Elon Musk's electric cars as they used to. And California isn't the only place where Tesla's chokehold on the EV market is beginning to slip. Tesla CEO Elon Musk has attributed lackluster sales to high interest rates and economic uncertainty in the US. But, while Tesla's sales are dropping, the EV market as a whole is expanding, including in California. Similarly, data from CNCDA shows that EV sales in California hit their second-highest quarter on record in July.

Persons: —, Tesla, Elon, Elon Musk, Gavin Newsom, Newsom, Noam Galai, Musk, Donald Trump, wouldn't, Ivan Drury, Edmunds, California there's, Brian Moody, Moody Organizations: Service, Golden State, Car Dealers, US, Business, Cox Automotive, California, Forbes, Experian Automotive, SpaceX, Democratic Party, Auto Locations: California

☆ After a busy week of stock trades, we're looking ahead to some key inflation data
▼ + stars: | 2024-08-11 | by ( Morgan Chittum | ) www.cnbc.com time to read: +5 min

Looking back, quarterly earnings also played a key role in big stock moves for the portfolio. Looking ahead, we'll see an update on some key inflation data, plus a closer look at the state of the housing and retail sectors. ET: Producer Price Index Earnings: Home Depot (HD), Pandora (PANDY), Nu Holdings (NU), Sea Limited (SE) Wednesday, August 14 8:30 a.m. ET: Consumer Price Index Earnings: Tencent Holdings (TCEHY), Cisco (CSCO), UBS (UBS), JD.com (JD) Thursday, August 15 8:30 a.m. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: Eli Lilly, Walt, Jim Cramer, we've, JD.com, Jim Cramer's, Jim, Spencer Platt Organizations: Dow Jones, Dow, Nasdaq, Walt Disney, Microsoft, Ford Motor, Wynn Resorts, DuPont, Devices, Procter, Gamble, Club, Abbott Laboratories, Federal, Traders, Sun Life, Nu Holdings, Sea, Tencent Holdings, Cisco, UBS, Philadelphia Fed, Walmart, Materials, Deere & Co, Ross Stores, Lenovo, Housing, Jim Cramer's Charitable, CNBC, New York Stock Exchange, Getty Locations: U.S, Dover, Wells Fargo, Nextracker, Eaton

☆ Disney showcases sequels at D23 as Jamie Lee Curtis and Lindsay Lohan present ‘Freakier Friday’
▼ + stars: | 2024-08-10 | by ( Megan Thomas | Dan Heching | ) edition.cnn.com time to read: +6 min

That was the obvious crowd sentiment at the D23 Disney Entertainment Showcase on Friday, where the company previewed its upcoming lineup of film and streaming comfort content. D23, for those unfamiliar with the biennial pilgrimage of Disney fans to Anaheim, California, is part cosplay convention, part promotional pep fest. It was as if Disney, borrowing a line from Russell Crowe in “Gladiator,” asked, “Are you not entertained?”Hard not to be. Walt Disney Studios and AnimationAuli'i Cravalho and Dwayne Johnson appear at the Disney Entertainment Showcase on August 9. He previewed “Dream Productions,” an “Inside Out” spinoff series, set in Riley’s mind in a time period between the two films, due to release on Disney+ next year.

Persons: ”, King ”, David Blaine, Lin Manuel Miranda, Russell Crowe, “, Dwayne Johnson, Jesse Grant, Disney Dwayne Jonnson, “ Maui’s, ” Johnson, Jamie Lee Curtis, Lindsay Lohan, ” Lohan, ” Curtis, Oscar, Barry Jenkins, Miranda, Lin, Manuel Miranda, Braelyn Rankins, Aaron Pierre, Kelvin Harrison Jr, Theo Somolu, Anika Noni Rose, Billy Eichner, Seth Rogen, Jim Cameron, ” Cameron, “ It’s, Zoe Saldana, Sam Worthington, Ginnifer Goodwin, ” Rachel Zegler, Gal Godot, Jeff Bridges, Jared Leto, Greta Lee, Ares, Disney Pixar Pete Docter, Docter, “ Elio, Marvel, America, Kevin Feige –, Ryan Reynolds, Marvel Jesus ”, –, Feige, Anthony Mackie, Harrison Ford’s Thaddeus ‘ Thunderbolt ’ Ross –, William Hurt –, Agatha All, Kathryn Hahn, Agatha Harkness, ” Hahn, Aubrey, Patti LuPone, Joe Locke, Okwui Okpokwasili, Ali Ahn, Agatha, Charlie Cox, Lucasfilm Grogu, Din Djarin, Pedro Pascal, Jude Law, Diego Luna, wunderkinds Jon Favreau, Dave Filoni, Yoda Organizations: CNN, Disney, Walt Disney Studios, Disney Entertainment, Pixar, Disney Pixar, Marvel Marvel, Marvel, “, Aubrey Plaza, Lucasfilm, Star Locations: Anaheim , California, “, Moana, New Zealand, “ WandaVision

☆ I went viral for dancing at a Kamala Harris rally. It's given me a platform to inform people about issues I'm passionate about, like Social Security.
▼ + stars: | 2024-08-10 | by ( John Towfighi | ) www.businessinsider.com time to read: +6 min

And when I went viral, I said, "Okay, I need to do the most with this. There's something called survivor Social Security, and when you lose a parent, you're able to receive that benefit. Advertisement'We are stronger when we help each other'After I went viral, my congressman, Rep. Hank Johnson, came to my town. It's been great to talk about these issues and the work I've been doing for years and to have a larger platform. And that's when those social safety net programs, like Social Security, that neighborliness of our country, that joy, that communal care, comes in because we should help each other.

Persons: —, Parker, Atlanta —, Kendrick Lamar, Kamala Harris, Royce —, I've, John Lewis, Parker Short, Jon Ossoff, Jimmy Carter —, Trump, Sen, Hank Johnson, It's, she's, I'm Organizations: Service, Sanford School of Public, Duke University, Young Democrats, Democratic Party of Georgia, Young Democrats of America, Business, Civil Rights Movement, Social Security, University of Michigan's Ford School of Public, Medicaid, Medicare Locations: Georgia, Dunwoody , Georgia, Atlanta, America

Based on Trump's social media commentary, more about their relationship may be coming soon. Trump wrote in a post on Truth Social on Tuesday that the two will be speaking together publicly next week. Trump wrote. 'I have no choice'Since gaining Musk's support, Trump has returned the praise. On the day of Trump's speech in Nashville, Musk wrote "Save our kids!"

Persons: Elon Musk, Donald Trump, Evan Vucci, Donald Trump's, Trump, he'd, Elon, He's, Musk, What's, podcaster Jordan Peterson, they've, Kamala Harris, he's, it's, Joe Biden, Steven Cheung, Biden, Tesla wasn't, Tesla, Ron DeSantis, DeSantis, David Sacks, Trump's, CNBC's Joe Kernen, they're, Harris, Mark Fields, —, Fields, CNBC's Brian Sullivan, Giorgia Meloni, Javier Milei, Jair Bolsonaro, Narendra Modi, Benjamin Netanyahu, Kevin Mohatt, Kamala, Mike Moritz, Moritz, Brian Schwartz, Christina Wilkie Organizations: SpaceX, White, AP NASHVILLE, Bitcoin Conference, Elon, Music City Center, Trump, Republican, PAC, North Carolina Attorney General's, America PAC, ELON, Biden, General Motors, Ford, Musk, Tesla, Bitcoin, Italian, Indian, Capitol, Air Force, Joint Base Andrews, Financial Locations: Washington, Tenn, —, Nashville, Memphis , Tennessee, Pennsylvania, Michigan, tamp, Florida, Lago, China, U.S, Atlanta, Gaza, Wisconsin, Joint Base Andrews , Maryland, West Palm Beach , Florida, Silicon Valley

☆ 45-year-old mechanic quit his full-time job for his side hustle—now he makes $14,200 a month: My paycheck is 'very consistent’
▼ + stars: | 2024-08-07 | by ( Megan Sauer | ) www.cnbc.com time to read: +3 min

Pyle started answering strangers' questions about their gas and diesel engines on JustAnswer as a side hustle in October 2006. He quit his full-time $75,000-per-year job at Ford Motors when JustAnswer outpaced his salary in 2012, Pyle says. Pyle made $170,500 in 2023, an average of $14,200 per month, on JustAnswer, according to documents reviewed by CNBC Make It. His monthly income is more than three times as much as the national median monthly side hustle earnings and mechanic's salary combined. Pyle also bought an RV and is building a second home, largely by himself, on the property — all funded by his JustAnswer work.

Persons: Chris Pyle, Pyle, JustAnswer, …, Ford, Pyle's Organizations: Ford Motors, CNBC, Cub, Bass Pro Locations: JustAnswer, Dickson County , Tennessee

☆ Americans just can’t quit their giant, gas-burning trucks
▼ + stars: | 2024-08-07 | by ( Chris Isidore | ) edition.cnn.com time to read: +7 min

A ‘harsh reality’ for EVsFord likes to brag about its growing EV sales, but its profit is still primarily coming from the sales of gasoline powered trucks and SUVs. Ford isn’t the only automaker pulling back on its EV plans and making new investment in ICE vehicles. This is not to say that the traditional automakers are dropping their EV plans altogether or that EV sales are falling. But EV sales, which initially grew at a double-digit pace, haven’t shot up exponentially as automakers hoped or expected. That uncertainty about the future of US EV incentives prompted automakers to reconsider their earlier EV plans.

Persons: Ford, ” Ford, Jim Farley, hasn’t, EVs Ford, ”, Ivan Drury, Mary Barra, EVs, Stellantis, haven’t, Tesla, Donald Trump, Elon Musk, Carlos Tavares Organizations: New, New York CNN, EVs, Canadian, Ford, Super, Kentucky, Super Duty, Ford’s, Ford Expedition, GM, ICE, United Auto Workers, “ Locations: New York, Oakville , Ontario, Toronto, Mexico, Oakville, Kentucky, Ohio, EVs, United States, Edmunds, North America, Europe

☆ 9 dead after SUV crashes into canal in Florida
▼ + stars: | 2024-08-06 | by ( Mike Gagliardi | Mike Gagliardi Is A Researcher With The Nbc News Network Desk. | ) www.nbcnews.com time to read: +1 min

Nine people are dead after a driver crashed into a canal Monday night in western Palm Beach County, officials said. According to a crash report from the Palm Beach County Sheriff’s Office, the driver failed to negotiate a left curve, resulting in the 2023 Ford Explorer veering onto the grass shoulder and hitting the guardrail before finally overturning into the canal. Palm Beach County police officers on the scene of the crash on Monday night. WPTV“We have one survivor for a total of 10 victims,” the sheriff’s office said. NBC Affiliate WPTV of West Palm Beach is reporting that babies were among the victims.

Persons: WPTV Organizations: Office, Belle Glade , Florida . Police, St, NBC, Police Locations: Palm Beach County, Beach, Belle Glade , Florida, Palm Beach, Mary’s, West Palm

☆ 9 Killed After S.U.V. Flips Into South Florida Canal, Authorities Say
▼ + stars: | 2024-08-06 | by ( Johnny Diaz | More About Johnny Diaz | ) www.nytimes.com time to read: 1 min

Nine people were killed and one person was seriously injured after the sport utility vehicle they were traveling in veered off the road and overturned into a South Florida canal on Monday evening, the authorities said. The crash took place just before 7:30 p.m. in the 5800 block of Hatton Highway, a two-lane road that runs through an agricultural area of Belle Glade, a city of more than 16,000 residents in the western part of Palm Beach County in South Florida, according to the Palm Beach County Sheriff’s Office. The authorities said that 10 people — including five children — were traveling westbound in a 2023 Ford Explorer when it approached a 90-degree curve in the road. “For undetermined reasons,” the sheriff’s office said in a crash report, the vehicle “failed to properly negotiate the left curve of the roadway.”

Persons: — Organizations: Office, Ford Locations: South Florida, Hatton, Belle Glade, Palm Beach County, Beach

☆ We're tapping our cash pile again to upgrade the portfolio with 2 more stock buys
▼ + stars: | 2024-08-05 | by ( Jeff Marks | ) www.cnbc.com time to read: +3 min

We are buying 70 shares of DuPont at roughly $78.14 and 85 shares of Wells Fargo at roughly $52.12. We're going back to the well and topping off our positions in Dupont and Wells Fargo. We're buying more Wells Fargo because it's way too early to write off the U.S. economy after one bad job report. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Jim Cramer's, We're, Wells, DuPont's, There's, Jim Cramer, Jim Organizations: DuPont, DD, WFC, Ford, Wynn Resorts, Jim Cramer's Charitable, CNBC Locations: Wells Fargo, redeploy, Dupont, Wells, U.S

☆ The US Navy is on its fourth aircraft carrier as its warships react to fighting in the Middle East
▼ + stars: | 2024-08-05 | by ( Jake Epstein | ) www.businessinsider.com time to read: +4 min

Read previewThe US Navy is sending another aircraft carrier to the Middle East. AdvertisementThe aircraft carrier USS Abraham Lincoln, right, follows the guided missile cruiser USS Cape St. George as the ships transit the Strait of Hormuz in May 2012. A carrier strike group consists of a carrier, its air wing, and other warships like destroyers and cruisers. The US also deployed the Dwight D. Eisenhower Carrier Strike Group to the Eastern Mediterranean as regional tensions flared. It then pivoted to the Middle East to defend merchant shipping lanes in the Red Sea and Gulf of Aden from Houthi attacks.

Persons: —, Abraham Lincoln, Israel, It's, Lincoln, George, Alex R, Forst, Gerald R, Dwight D, Eisenhower, Theodore Roosevelt Carrier, Roosevelt Organizations: Service, US Navy, Pentagon, Saturday, Abraham Lincoln Carrier Strike, Business, Hamas, Ford Carrier Strike Group, Israel, US, Eisenhower Carrier Strike Group, Ford, Eisenhower, AP, Theodore Roosevelt Carrier Strike, Lincoln, USNI, Fleet, Department of Defense, US Central Command, Command Locations: Israel, Iran, Tehran, Cape St, Hormuz, Gaza, Yemen, Lebanon, Iraq, Syria, Gulf, Aden, Persian, United States

☆ We're dipping our toes back into the sell-off and buying a tech giant that's under pressure
▼ + stars: | 2024-08-05 | by ( Jeff Marks | ) www.cnbc.com time to read: +2 min

Following the trade, Jim Cramer's Charitable Trust will own 260 shares of MSFT, increasing its weighting to 3.33% from 2.7%. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer's, DOV, Jim Cramer, Jim Organizations: Microsoft, MSFT, Ford, Wynn Resorts, NXT, CNBC Locations: DuPont, Dover, Nextracker, Wells Fargo

☆ We’re making 6 trades in the portfolio Monday as the market rout picks up steam
▼ + stars: | 2024-08-05 | by ( Jeff Marks | ) www.cnbc.com time to read: +4 min

We're making six trades Monday morning, as the recent market volatility driven by fears of a U.S. recession intensifies. And lastly, we are buying 280 shares of Wells Fargo at $50.59, increasing its weighting in the portfolio to 3.80% from 3.35%. Last Friday, we said that we had our eyes on the pullbacks in DuPont, Dover, and Wells Fargo. Wells Fargo also pays a solid dividend and can repurchase stock — two factors that we gravitate to during volatile markets. Correction: An earlier version of this story misstated the number of shares being bought of Dover, Nextracker and Wells Fargo.

Persons: Ford, We're, Wynn, Wells Fargo, Jim Cramer's, WYNN, DOV, Jim Cramer, Jim Organizations: Ford, Wynn Resorts, DuPont, Dover, Dow, NXT, CNBC Locations: U.S, Nextracker, Wells Fargo, Las Vegas, Boston, China, DuPont, Dover, Dupont

☆ Ford turns 'dirty' business into a profit driver. GM and Stellantis are taking notice
▼ + stars: | 2024-08-05 | by ( Michael Wayland | ) www.cnbc.com time to read: +10 min

Many fleet sales, especially daily rentals, have historically been viewed as a negative for auto companies. But Ford has proven that's not always the case by breaking out financial results for its "Ford Pro" fleet business. Ram, GM retoolAs Ford touts its fleet business, its closest rivals have amped up their operations. It launched "GM Envolve" last year, its overhauled fleet and commercial business focused on fleet sales, digital telematics and logistics for commercial customers. EV goalsGM Envolve includes the company's EV commercial business BrightDrop, which was folded back into the automaker last year instead of it acting as a subsidiary.

Persons: Mark Hazel, It's, Ford, Ferrari, Jim Farley, Wolfe, Joe White, Farley, BofA's John Murphy, Ram, Christine Feuell, Stellantis, Ram Ram, Ken Kayser, Sandor Piszar, Motors, Piszar, EV600 Organizations: Ford DETROIT, U.S, automakers, Ford Motor, General Motors, Chrysler, P Global Mobility, Ford, Ford Pro, Wolfe Research, North, GM, Ford Super Duty, Reuters, GM retool, CNBC, Software, Stellantis, GM Envolve, Sierra, GM Fleet, EV Locations: Dearborn , Michigan, U.S, North America, Europe, Kentucky, Louisville , Kentucky, Stellantis, Detroit

☆ Extras kissed by Francis Ford Coppola in leaked video from the set of 'Megalopolis' share varying accounts of the director's behavior
▼ + stars: | 2024-08-03 | by ( Eve Crosbie | ) www.businessinsider.com time to read: +4 min

Read previewTwo female extras who spoke out about Francis Ford Coppola's behavior on the set of "Megalopolis" have shared markedly different accounts of working with the filmmaker. However, according to one of the actors in the video, Coppola "did nothing to make me or for that matter anyone on set feel uncomfortable." "He was nothing but professional, a gentleman, he was like this cute Italian grandfather, running around the set," Menz added. Advertisement"I don't appreciate anybody speaking for me," Pagone told Variety on August 2 in reaction to Menz's comments. However, he previously addressed the Guardian report in an interview with The New York Times published in June, before the set video leaked.

Persons: —, Francis Ford, Coppola, Menz, Lauren Pagone, Pagone, Francis Ford Coppola, I've, I'm Organizations: Service, Variety, Business, Guardian, The New York Times

☆ I spent 2 months renovating my van for $12,500. Here are 10 of my biggest regrets.
▼ + stars: | 2024-08-02 | by ( Abigail Robertson | ) www.businessinsider.com time to read: +9 min

Read previewWhen 2020 hit with all of its uncertainties, I knew there was no better time to start van life. I wanted to hit the road as soon as possible while keeping costs low, so I went with a smaller van. Next time, I'm investing in a van with 4-wheel driveI'm always hesitant to off-road in my van. AdvertisementSpreading out the build would've given me more rest days — I took exactly two days off — and peace of mind. Now, I see a van build as an ongoing expense, like rent, that I'm always saving for and investing in rather than a one-time purchase.

Persons: —, I've, I'd, Abigail Robertson, I'm Organizations: Service, Ford Transit Connect, Business, Mercedes Sprinter, Ford Transit Locations: Ohio, California

☆ A New York basic income participant used his monthly $1,000 to pay bills and launch a nonprofit
▼ + stars: | 2024-08-02 | by ( Allie Kelly | ) www.businessinsider.com time to read: +6 min

Read previewAround the time that Kenneth McQueen received his first guaranteed basic income payment, he started rollerskating. McQueen was a participant in Creative Rebuild New York, a guaranteed basic income pilot for artists across the state. Previous participants have told BI that they used their basic income to pay rent, afford groceries, drop second jobs, pay down debt, and support their families. Basic income improved McQueen's mental health, encouraged entrepreneurshipPrimarily, basic income gave McQueen "peace of mind," he said. AdvertisementMcQueen isn't sure what will happen next, but he's grateful for the way basic income helped his career and mental health.

Persons: —, Kenneth McQueen, McQueen, — McQueen, Dr, Diana Pearce, Stavros Niarchos, GBI, It's, Maura Cuffie, Peterson, I'm Organizations: Service, Rebuild, Business, Alliance, Creative Rebuild, Mellon Foundation, Tides Center, Ford Foundation, America Locations: Harlem, York, hoodies, tote, New York

☆ Ford reveals 2025 Maverick pickup with new technologies, hybrid options
▼ + stars: | 2024-07-31 | by ( Michael Wayland | ) www.cnbc.com time to read: +1 min

DETROIT — Ford Motor has redesigned its small Maverick pickup truck, adding more technology, new performance and hybrid options to the vehicle. Updates to the 2025 Ford Maverick include refreshed exterior and interior styling, including a 13.2-inch center touchscreen; an all-wheel-drive hybrid option; and connectivity features such as a 5G modem and wireless Apple CarPlay and Android Auto. The Ford entry-level pickup has been a surprise hit for the company since its introduction in 2021. The Maverick is drawing new customers to the Ford brand — many of whom are buying their first-ever new vehicle, the company said. Additionally, Ford said 80% of Maverick owners did not own a truck as their previous vehicle.

Persons: Ford, John Emmert Organizations: DETROIT, Ford, Apple, Android, CNBC Locations: North America

☆ Wall Street says buy stocks that pay dividends with $6 trillion of cash ready to be deployed
▼ + stars: | 2024-07-31 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

Dividend stocks are set to surge as investors deploy $6 trillion from money-market funds, Bank of America says. Investors could be looking to invest their cash as the Fed gets ready to cut interest rates in September. AdvertisementSome of the highest-yielding S&P 500 companies include Walgreens Boot Alliance, Altria, Verizon, Ford, and AT&T. And while the S&P 500 as a whole offers a dividend yield of about 1.25%, there are nearly 300 S&P 500 stocks that offer a higher yield. AdvertisementSome of the high-paying dividend stocks recommended by Belski include Abbvie, Chevron, Duke Energy, Gilead Sciences, and Pfizer.

Persons: —, Savita Subramanian, Subramanian, BMO's Brian Belski, Belski Organizations: Bank of America, Fed, BMO, Gilead Sciences, Service, Treasury, Walgreens Boot Alliance, Altria, Verizon, Ford, Belski, Duke Energy, Pfizer Locations: Chevron, Gilead, Abbvie

☆ Tesla is having trouble wooing new EV shoppers
▼ + stars: | 2024-07-30 | by ( Nora Naughton | ) www.businessinsider.com time to read: +4 min

That's bad news for Tesla, especially as a yearlong slowdown in EV demand is beginning to impact the EV leader's sales. That's off from 55% share a year ago and nearly 80% market share back in 2020, according to Experian data. AdvertisementThat leaves a potential opening for traditional automakers at a time when the EV market is getting tougher. That's already helped the brand chip away at Tesla's market share. And at Ford, EV sales were up 61% in the second quarter, trailing only Tesla in sales so far in 2023.

Persons: —, Tesla, Elon, Power, Frank Hanley, That's, Hanley Organizations: Service, JD Power, Business, Cox Automotive, EV, Chevrolet, Silverado, Ford

☆ Here are Monday's biggest analyst calls: Nvidia, Apple, Tesla, Live Nation, 3M, Uber, Eli Lilly, Amazon, Coinbase & more
▼ + stars: | 2024-07-29 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Here are Monday's biggest calls on Wall Street: Morgan Stanley reiterates Live Nation as overweight Morgan Stanley said shares of the entertainment concert company are compelling. " Cantor Fitzgerald reiterates Nvidia as overweight Cantor said the stock is still a top pick at the firm. Guggenheim upgrades Akamai to buy from neutral Guggenheim said shares of the cloud computing networking company have more room to run. Bank of America reiterates Apple as buy Bank of America said it's bullish heading into Apple earnings later this week. JPMorgan reiterates Eli Lilly as overweight JPM said the stock is a "core holding" ahead of earnings on August 8.

Persons: Morgan Stanley, Cantor Fitzgerald, Cantor, TD Cowen, AAPL, Wells, Booz Allen Hamilton, it's, Guggenheim, Piper Sandler, Charles Schwab, Piper, Schwab, Olin, Mizuho, Bill Brown's, Myers Squibb, JPMorgan, Eli Lilly, JPM, Evercore, Tesla, Oppenheimer, Raymond James, Davidson, Raymond James downgrades Organizations: NVDA, MU, Apple, Huawei, Booz, Guggenheim, RBC, Deutsche Bank, Northrop, Deutsche, JPMorgan, Uber, Holdings, 3M, " Bank of America, Bank of America, Edge, Barclays downgrades Bristol, Myers Squibb, Barclays, Bristol, Ford, Microsoft, Charter, HSBC Locations: China, underperform

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