Rivian Reassures Investors With Cost Cuts, Green Credit Sales

Why credit card debt forgiveness is worth it even with more Fed rate cuts

Another interest rate cut was just issued. Here's why you should still pursue credit card debt forgiveness anyway.

40% of investors are considering this money move after the election: It may cost them 'really great gains,' says market strategist

Making decisions about your portfolio based on the election will likely cost you, experts say. Here's how to keep anxiety from hurting your finances.

Business - CNBC - November 5

Microsoft reports quarterly sales up 16% to $65.6 billion as investors ask if AI spending worth it

Microsoft on Wednesday reported its quarterly sales grew 16% to $65.6 billion as the company sought to assure investors its huge spending on artificial intelligence is paying off

Tech - ABC News - October 30

AI startup CoreWeave closes $650 million secondary share sale, with Cisco joining as investor

Cisco and Pure Storage have backed CoreWeave, which is taking on Amazon in supplying cloud-based Nvidia graphics cards to companies for artificial intelligence.

Business - CNBC - 9 hours ago

Stock-market investors should treat Trump and Harris election playbooks with caution

Wall Street makes trading elections sound as easy as falling off a log. Reality often disappoints.

Business - MarketWatch - November 4

How Trump’s win and the latest interest-rate cut will affect you as a consumer, homeowner and investor

Also: Expensive stocks, a Medicare warning and another milestone for Nvidia.

Business - MarketWatch - 5 days ago

Man United legend Sir Alex Ferguson's ambassador role scrapped in cost-cutting move, per report

Ferguson was reportedly paid around $3 million a year for his services

Sports - CBS Sports - October 15

How much does a $15,000 home equity loan cost monthly now that rates were cut?

A home equity loan for $15,000 comes with inexpensive monthly payments now. Here's what to know.

How much does a $25,000 HELOC cost monthly now that rates were cut?

A $25,000 HELOC comes with inexpensive monthly payments right now, and they could become even cheaper in the months to come.

Elon Musk Is Giving Away $1 Million a Day in Bid to be the 'Secretary of Cost-Cutting'

Four days spent barnstorming Pennsylvania for Donald Trump highlighted support for the tech titan leading a new government efficiency effort.

Business - The Wall Street Journal - October 21

How much does a $30,000 home equity loan cost per month now that rates were cut?

A $30,000 home equity loan comes with inexpensive monthly payments now that interest rates have been reduced.

Major airlines are cutting services to China or quitting entirely amid low travel demand, high costs

A new report from travel news site Skift shows that seven major airlines have retreated from the country in the past four months.

Business - CNBC - October 25

Mercedes-Benz and Porsche look for cost cuts after China slump hits profits

German carmakers exposed to Asian nation’s economic malaise after benefiting from its booming auto market

Business - Financial Times - October 25

Google's new CFO makes earnings call debut, says company can 'push a little further' on cost cuts

In her first earnings call as Alphabet CFO, Anat Ashkenazi said more streamlining will be needed so the company can invest in AI.

Business - CNBC - October 30

Volkswagen CFO says 64% drop in profits shows ‘urgent need’ for cost cuts

The German car maker reported a sharp 12% drop in its sales in China as it said it profits were hit by higher fixed costs and €2.2 billion worth of restructuring expenses

Business - MarketWatch - October 30

UK’s borrowing costs rise as Reeves’s budget prompts fears of slower interest rate cuts

Markets conclude higher level of public spending could lead to higher inflation, making cuts in Bank of England rate less likely. . UK government borrowing costs have risen to their highest level ...

World - The Guardian - October 31

Google employees pressure costumed execs at all-hands meeting for clarity on cost cuts

Following comments on Google's earnings call about continuing cuts, employees wanted answers at the company's latest all-hands meeting.

Business - CNBC - November 1

Trump’s plan to cut taxes on Social Security benefits may cost beneficiaries more in the long run

The president-elect’s plan may do more harm than good, experts said.

Business - MarketWatch - 5 days ago

How much would a $10,000 home equity loan cost monthly now that rates are cut?

Home equity loan interest rates are on the decline. Here's how much a $10,000 loan costs per month right now.

Apple's four-phone strategy is lagging. One idea to reviving sales: Cut the cameras

Every year since 2020, when Apple moved to a four-model lineup, one of them has lagged in terms of sales.

Business - CNBC - Yesterday

23andMe reports sales decline a day after announcing plans to cut 40% of workforce

Embattled genetic testing provider 23andMe said Tuesday that revenue declined from a year earlier, a day after the company announced a cost-cutting plan.

Business - CNBC - Yesterday

Arizona counties work to reassure voters of election transparency

Two counties in Arizona upgraded their election ballot processing facilities in a push for greater transparency. Ed O'Keefe got a look at the state-of-the-art facilities.

Biden Officials Try to Reassure COP29 Climate Talks

Negotiators at the summit in Azerbaijan fear that the return of Donald Trump will sap momentum for global climate action.

Science - The New York Times - 20 hours ago

‘My father was a teetotaling, fair-minded, liberal-leaning capitalist’: And yet I allowed ‘friends’ to borrow $120K. How do I deal with the fallout?

“Of the original 10 I had earmarked for removal from my life, I’m still in contact with two.”

Business - MarketWatch - 5 days ago

Latest in Rivian Reassures Investors With Cost Cuts, Green Credit Sales

Why credit card debt forgiveness is worth it even with more Fed rate cuts

40% of investors are considering this money move after the election: It may cost them 'really great gains,' says market strategist

Microsoft reports quarterly sales up 16% to $65.6 billion as investors ask if AI spending worth it

AI startup CoreWeave closes $650 million secondary share sale, with Cisco joining as investor

Stock-market investors should treat Trump and Harris election playbooks with caution

How Trump’s win and the latest interest-rate cut will affect you as a consumer, homeowner and investor

Man United legend Sir Alex Ferguson's ambassador role scrapped in cost-cutting move, per report

How much does a $15,000 home equity loan cost monthly now that rates were cut?

How much does a $25,000 HELOC cost monthly now that rates were cut?

Elon Musk Is Giving Away $1 Million a Day in Bid to be the 'Secretary of Cost-Cutting'

How much does a $30,000 home equity loan cost per month now that rates were cut?

Major airlines are cutting services to China or quitting entirely amid low travel demand, high costs

Mercedes-Benz and Porsche look for cost cuts after China slump hits profits

Google's new CFO makes earnings call debut, says company can 'push a little further' on cost cuts

Volkswagen CFO says 64% drop in profits shows ‘urgent need’ for cost cuts

UK’s borrowing costs rise as Reeves’s budget prompts fears of slower interest rate cuts

Google employees pressure costumed execs at all-hands meeting for clarity on cost cuts

Trump’s plan to cut taxes on Social Security benefits may cost beneficiaries more in the long run

How much would a $10,000 home equity loan cost monthly now that rates are cut?

Apple's four-phone strategy is lagging. One idea to reviving sales: Cut the cameras

23andMe reports sales decline a day after announcing plans to cut 40% of workforce

Arizona counties work to reassure voters of election transparency

Biden Officials Try to Reassure COP29 Climate Talks

‘My father was a teetotaling, fair-minded, liberal-leaning capitalist’: And yet I allowed ‘friends’ to borrow $120K. How do I deal with the fallout?

Rivian Maintains Profitability Target Despite Part Shortage

Volkswagen and Rivian Form Joint Venture, Deepening Alliance

Rivian’s stock soars as joint venture with Volkswagen is upsized to $5.8 billion

Quarter Pounders are off the menu at 20% of McDonald's in US as E. coli cases are investigated

‘King of debt’ Donald Trump needs to reassure the bond markets — now

Rachel Reeves aims to raise up to £20bn from national insurance rise

Arizona counties invest millions to reassure voters of election security

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