by Prime Admin | Dec 20, 2022 | Content, Markets
Lucid LCID –1.90% stock is rising in late trading Monday after the company said it has raised a substantial sum of money. Monday evening, the EV startup announced it has taken in, or is about to take in, more than $1.5 billion in a couple of separate stock sales....
by Prime Admin | Dec 19, 2022 | Investment, Markets
General Motors (GM) CEO Mary Barra has never been shy about her ambition to overtake Tesla’s (TSLA) sales in an aim to become the global electric vehicle (EV) leader. And with the advantage of having nearly 90% of the U.S. population within 10 miles of a GM...
by Prime Admin | Dec 19, 2022 | Content, Exchange, Personal Finance
The Rules You Need to Know—Plus a Pitfall You’ll Want to Avoid. Do you have a 401(k) plan through work? You can still contribute to a Roth IRA (individual retirement account) and/or traditional IRA as long as you meet the IRA’s eligibility requirements....
by Prime Admin | Dec 16, 2022 | Content, Markets
Amazon (AMZN) has begun rolling out a short-form video and photo feed in its app. Though the feature, called Inspire, immediately drew comparisons to TikTok, Oliver Messenger, director of Amazon Shopping, told that it wasn’t TikTok’s success that...
by Prime Admin | Dec 16, 2022 | Content, Exchange, Inflation
Forget about a soft landing in 2023. Should the Fed achieve its goal of reducing inflation, it’s all but guaranteeing a punishing recession next year caused by a rapidly deteriorating labor market. As Myles Udland laid out in Thursday’s Morning Brief, Fed...