Tesla, ARKK rally as 2021 energy returns to 2023 stock market

Tesla, ARKK rally as 2021 energy returns to 2023 stock market

A Friday market rally, accentuated by higher cracks in some battered and bruised technology stocks that faltered last year, makes this year’s price action look much like the 2021 rally. Stocked names, including Tesla (TSLA), Carvana (CVNA), and Coinbase (COIN), rose more than 10% each Friday. Cathie Wood’s ARK Innovation (ARKK) ETF, a benchmark for … Read more

Some auto insurers refuse to cover some Hyundai and Kia models

Some auto insurers refuse to cover some Hyundai and Kia models

CNN — Progressive and State Farm, two of America’s largest auto insurers, are refusing to underwrite policies in certain cities for some older Hyundai and Kia models that the companies say are too easy to steal. Several reports say the companies have stopped offering insurance for these vehicles in cities like Denver, Colorado and St. … Read more

This is the real reason why American Express gives out such big rewards

This is the real reason why American Express gives out such big rewards

Armed with impressive rewards and a loyal customer base, AmEx is a giant in the credit card industry. The company’s revenue is up more than 32% since 2017, adjusted for inflation, and the company’s stock has shown resilience and growth in a tumultuous market. “Discount revenue,” or fees charged to merchants who accept their cards, … Read more

What is a rolling recession and are we in one? Experts explain

What is a rolling recession and are we in one?  Experts explain

By most standards, the US economy is in solid shape. Although the first half of 2022 started with negative growth, a strong labor market and resilient consumer helped turn things around and give hope for the year ahead. Gross domestic product, which indicates the overall health of the economy, rose more than expected in the … Read more

Fired Google employee Nicole Tsai’s ‘day in the life’ TikTok

Fired Google employee Nicole Tsai’s ‘day in the life’ TikTok

The emotional “day in the life” video of a fired Google employee on TikTok went viral as it captured her heartbreak after learning she was one of 12,000 employees laid off by the tech giant earlier this week. Nicole Tsai, a Southern California-based TikTok “vlogger,” breaks down in tears in the video as she narrates … Read more

‘This has been bothering me all my life’: My estranged father gave me $1,000 a month to buy a house in California. My brother cried foul and told me to stop. Who’s right?

‘This has been bothering me all my life’: My estranged father gave me ,000 a month to buy a house in California.  My brother cried foul and told me to stop.  Who’s right?

This has haunted me all my life. My father left my family when I was 7. I’m not sure how much alimony he paid my mother. Shortly after I graduated, he visited me for the first time since he left the family. He told me he wanted to send me money every month to eventually … Read more

Why gas prices are rising this month

Why gas prices are rising this month

New York CNN — Normally, gas pump prices plummet during the dead of winter, as inclement weather keeps Americans off the road. But this year something unusual is happening: gas prices are skyrocketing. The national average for regular gas rose to $3.51 a gallon on Friday, according to AAA. While that’s a far cry from … Read more