YouTube removes video by Tesla investors using kids in FSD Beta test

Tesla Model 3 Source: Tesla YouTube has removed a pair of videos from its platform which showed Tesla drivers conducting amateur vehicle safety tests using their own children in place of mannequins in the road or the driveway. The tests were to determine if a slow-moving Tesla equipped with the company’s latest driver assistance systems … Read more

Delta, NFL, Air Force use to prepare for extreme weather

Delta, NFL, Air Force use to prepare for extreme weather

As the severity, intensity and frequency of climate disasters increase, preparation is becoming more crucial than ever to protect lives, as well as infrastructure, businesses and local economies. One high-tech forecasting company is now stepping up, offering hyper-detailed weather prediction and pre-storm strategy plans, right down to a city block.  Boston-based already boasts clients … Read more

Value investor Mason Hawkins loads up on GE and a surprising tech name

Value investor Mason Hawkins loaded up on General Electric in the second quarter, and also took up a stake in growth name Alphabet . Hawkins’ Southeastern Asset Management, which operates a suite of mutual funds called Longleaf Partners Funds, stepped up its General Electric shares by 12% last quarter, according to InsiderScore. In the three-month … Read more

More Americans live in multigenerational households to save money

More Americans live in multigenerational households to save money

“We are a four-generation household,” said Jason Fitzgerald. Fitzgerald, 45, and his wife, Rachel Zack, 41, bought a six-bedroom house with Rachel’s parents Beverly and Arthur Zack, who are in their 70s, and Rachel’s 98-year-old grandmother Lillian, who goes by “Bubbie.” They all live together in South Orange, New Jersey, along with Fitzgerald and Zack’s … Read more

US Open ticket prices surge ahead of Serena Williams’ final tournament

Serena Williams reacts during a post-match ceremony after losing to Belinda Bencic of Switzerland on Day 5 of the National Bank Open, part of the Hologic WTA Tour, at Sobeys Stadium on August 10, 2022 in Toronto, Ontario. Robert Prange | Getty Images As Serena Williams prepares for her last US Open before retirement, tickets … Read more

What this week’s retail earnings tell us about Costco, Amazon and Apple

Target (TGT) missed on earnings. Lowe’s (LOW) provided mixed results. Home Depot (HD) fared better. Walmart (WMT) beat estimates but warned its customers were focusing more on lower prices. Results were all over the map for this week of retail earnings. But dig a little deeper, and there were some very clear themes — regardless … Read more

How China’s Covid policies lead to hampered supply chains, higher inflation

How China's Covid policies lead to hampered supply chains, higher inflation

At the onset of the Covid-19 pandemic, China’s strict “zero-Covid” policies managed to keep Covid-19 at bay. More than two years later, the country’s ongoing controls are still weighing down its economy and stalling global supply chains. “Zero-Covid has become one of the select drivers of global recession,” Steve Morrison, senior vice president at the … Read more

What stock buybacks are, and how a new 1% tax affects your portfolio

U.S. President Joe Biden gestures as he delivers remarks on the Inflation Reduction Act of 2022 at the White House in Washington, July 28, 2022. Elizabeth Frantz | Reuters The new 1% excise tax on corporate stock buybacks — a late addition to President Joe Biden‘s sweeping tax, health and climate package — adds a … Read more

Walmart expands abortion coverage for employees after Roe v Wade

Customers outside a Walmart store in Torrance, California, US, on Sunday, May 15, 2022. Walmart Inc. is scheduled to release earnings figures on May 17. Bing Guan | Bloomberg | Getty Images Walmart on Friday told employees that it will expand abortion and travel coverage for employees, according to an internal memo. The change comes … Read more

China issues first national drought emergency scorching temperatures

The Jialing River bed at the confluence with the Yangtze River is exposed due to drought on August 18, 2022 in Chongqing, China. Vcg | Getty Images China issued its first drought emergency this year as scorching temperatures dry up areas of the Yangtze River and put pressure on the power grid while the country … Read more