Alcoa: Q4 Earnings Insights

Reuters
Ford pauses work on $3.5 billion battery plant in Michigan
(Reuters) -Ford Motor said on Monday it has paused work on a $3.5 billion electric vehicle battery plant in Michigan, citing concerns about its ability to competitively operate the plant at a time when it remains locked in broader contract negotiations. United Auto Workers (UAW) President Shawn Fain blasted Ford, saying the announcement was "a shameful, barely-veiled threat by Ford to cut jobs.... We are simply asking for a just transition to electric vehicles and Ford is instead doubling down on their race to the bottom."
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TipRanks
‘Load Up,’ Says Morgan Stanley About These 3 ‘Strong Buy’ Stocks
Investors have been buoyed this year by the fact that a mooted recession has failed to materialize. However, Morgan Stanley’s chief U.S. equity strategist, Mike Wilson, says that it does not mean the prospect of one taking place has completely evaporated. “While the investor sentiment pendulum on a recession arriving in 2023 has swung from roughly ’70/30′ to ’30/70′ over the past 6 months based on our dialogue, there is more debate on whether we have avoided it altogether – i.e., soft/no landing
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Benzinga
Bill Gates Spent One Weekend A Year With Ex-Girlfriend While Married To Melinda Gates And She Approved But Says It Was The Jeffrey Epstein Ties And Affairs That Led To Their Divorce
Last year's high-profile divorce between Bill Gates and Melinda Gates made headlines, not only for being one of the most expensive divorces in history — Melinda reportedly walked away with an estimated $70 billion — but also for casting a spotlight on an unusual marital agreement. From the start of their marriage, Gates had Melinda's blessing to continue an annual vacation with his ex-girlfriend Ann Winblad. This arrangement is one many people would find unconventional if not unacceptable. Don’t
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SmartAsset
How Much Can a Retired Person Earn Without Paying Taxes?
Many retirees plan to earn extra income to supplement their retirement spending. But how much can a retired person earn without paying taxes? The answer to this question varies based on your situation. Understanding the tax rules surrounding retiree income can … Continue reading → The post How Much Can a Retired Person Earn Without Paying Taxes? appeared first on SmartAsset Blog.
1d ago
Barrons.com
Ford Pauses $3.5 Billion EV Battery Plant. Why This Is Big.
Ford's decision to pause construction on an EV battery plant will reverberate throughout the U.S. auto industry.
1h ago
FreightWaves
85-year-old Indiana trucking company files for Chapter 11
An 85-year-old Indiana-based trucking and logistics company and its affiliates recently filed for Chapter 11 bankruptcy protection less than nine months after it was acquired by private-equity firm Transport Acquisitions. The post 85-year-old Indiana trucking company files for Chapter 11 appeared first on FreightWaves.
9h ago
SmartAsset
Ask an Advisor: I'm 67 with $750K in a 401(k). How Can I Preserve This Money for the Rest of My Life?
I am in a quandary about how to invest $750,000 that’s in my 401(k). I'm 67 years old, retired and I have not started taking Social Security yet. What is the best way to preserve this money for the rest of my life that doesn't have high fees? -Terry As you know, the big challenge […] The post Ask an Advisor: I’m 67 with $750K in a 401(k). How Can I Preserve This Money for the Rest of My Life? appeared first on SmartReads by SmartAsset.
10h ago
Benzinga
This REIT Is Getting Rid Of Its Entire Office Building Portfolio — And Is Gearing Up For A Dividend Reset
Office buildings have been facing serious challenges. With the rise of remote work, amplified by the COVID-19 pandemic, the demand for physical office space has seen a marked decline. At the same time, interest rates have risen significantly, making borrowing more expensive for office building landlords who are already grappling with higher vacancy rates. Even big players are impacted. W. P. Carey Inc. (NYSE:WPC), a real estate investment trust (REIT) headquartered in New York City, recently ann
9h ago
American City Business Journals
This biotech went public 3 years ago at $14 per share. Here's how its stock cratered to 27 cents
The company's stock soared to close to $80 in March 2021 and it grabbed 84,000 square feet of space in South San Francisco. Two years later, it went fully remote.
3h ago
The Wall Street Journal
Some Schwab Customers Say They Want Their TD Ameritrade App Back
Millions of investors who had accounts at TD Ameritrade became Charles Schwab customers this month. Many individuals and registered investment advisers who were switched over following Schwab’s acquisition of TD Ameritrade say they miss their old accounts. Schwab says the conversion of TD Ameritrade customers is going well, but user opinion isn’t unanimous.
13h ago
Benzinga
Charlie Munger Emphasizes Self-Awareness And Strategy: 'I Don't Play In A Game Where The Other People Are Wise And I'm Stupid. I Look For A Place Where I'm Wise And They're Stupid'
At age 99, Charlie Munger, vice chairman of Berkshire Hathaway Inc. and a Daily Journal board member, is a man many are eager to listen to. People tend to hang on to his every word like gospel. His decades of experience in investing, governance and law have given him a unique perspective on business and life, making his insights invaluable to anyone seeking wisdom. Don’t Miss: Goldman Sachs says: Portfolio(s) with a slice of real assets [like art] performed even better than the 60/40 over the lo
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Investor's Business Daily
Analysts Predict A 19% Surge For The S&P 500 Soon — Lifted By 10 Stocks
It's been a rough half of the year for the S&P 500 — with it slipping nearly 3%. But that's not stopping analysts from bullish calls.
12h ago
TipRanks
Seeking up to 15% Dividend Yield? UBS Suggests 2 Dividend Stocks to Buy
“Summer’s going fast, night’s growing colder,” in the words of the late Neil Peart. According to Jason Draho, head of Americas asset allocation for UBS Global Wealth Management, this sentiment applies to the current market conditions as well. Draho perceives a current market heatwave, mirroring the weather, and anticipates the possibility of a cooler fall should the Fed show its intentions on paring back its anti-inflationary tight money policy. It’s a bit of a confusing picture. Inflation is lo
10h ago
Benzinga
Reddit User Risks And Loses $600,000 Inherited Home That Didn't Fully Belong To Him In High-Stakes Options Gamble: 'My Life's Over, Here's My Final Advice'
The story of a Reddit user losing $619,035 in the stock market showcases the risky nature of high-risk financial trading and the devastating consequences it can bring. The user's tragic story unfolded on the r/wallstreetbets subreddit, a community dedicated to high-stakes, high-reward investments that often are focused on options trading. In a post titled "My life's over, here's my final advice," the investor laid out the grim reality of their financial predicament along with a photo of their br
9h ago
Benzinga
'America Is Broke': Robert Kiyosaki Warns That A Crash Landing Is Coming, Says The Fed Has Been 'Smoking Fantasy Weed' — Here Are The 3 Assets He Likes For Shock Proofing
The U.S. stock market showed impressive gains in 2023, and the latest gross domestic product (GDP) figure exceeded expectations. But according to "Rich Dad Poor Dad" author Robert Kiyosaki, the picture might not be as rosy as it appears. "Don't they know the stock market is up because Biden raised debt ceiling. America's debt is going up ... so stock market going up," he wrote in a recent tweet. "America is broke." The author's concern about America's escalating debt was echoed by Fitch Ratings.
10h ago
SmartAsset
Do You Make $145K? The IRS Just Delayed New Catch-Up Contribution Rule Until 2026
The IRS recently announced some welcome news for higher-income workers with 401(k)s and similar retirement plans. The agency delayed implementing a new rule that would have required catch-up contributions made by people earning over $145,000 to be directed into an after-tax Roth account. The rule change was originally set to start in 2024, but will […] The post Good News for People Who Make $145K: IRS Delays New Catch-Up Contribution Rule Until 2026 appeared first on SmartReads by SmartAsset.
10h ago
Fortune
44 million Americans with student debt are bracing for a ‘payment shock.’ Many of them are filled with regret
Borrowers are feeling the financial strain.
8h ago
USA TODAY
Florida's coastal homes may lose value as climate-fueled storms intensify insurance risk
Some coastal Florida homes have already lost up to 19% of their value after wet, heavy storms like Ian have increased insurance risk, nonprofit data shows.
10h ago
Bloomberg
Evergrande Crisis Worsens as Defaults Pile Up, Ex-CEO Detained
(Bloomberg) -- The crisis at China Evergrande Group deepened Monday after the company’s mainland unit said it failed to repay an onshore bond, adding a new layer of uncertainty to the developer’s future as a restructuring plan with its offshore creditors teeters. Most Read from BloombergIndians Have Five Days to Deposit $3 Billion in Soon-to-Be-Withdrawn BanknotesBonds Sink, S&P 500 Snaps Four-Day Losing Streak: Markets WrapIndia-Canada Clash Should Be a Wake-Up CallCostco Offers Members $29 Onl
8h ago
Fortune
Gen Z can’t work alongside people with different views because they ‘haven’t got the skills to disagree’ says British TV boss
Channel 4's chief exec blames social media and the pandemic for Gen Z’s deficiency in essential workplace diplomacy.
13h ago

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Alcoa: Q4 Earnings Insights

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44 million Americans with student debt are bracing for a ‘payment shock.’ Many of them are filled with regret

Florida's coastal homes may lose value as climate-fueled storms intensify insurance risk

Evergrande Crisis Worsens as Defaults Pile Up, Ex-CEO Detained

Gen Z can’t work alongside people with different views because they ‘haven’t got the skills to disagree’ says British TV boss