A freight train carries cargo shipping containers in the El Paso Sector along the US-Mexico border between New Mexico and Chihuahua state on December 9, 2021 in Sunland Park, New Mexico.Patrick T. Fallon | AFP | Getty ImagesNew data shows a surge in trade between China and Mexico at a time of tough tariff talk during the presidential campaign. Customs data shows a significant increase in raw materials and components from China entering Mexico to be manufactured into fully assembled items that are then transported into the U.S. via rail or by truck.”We are seeing more Chinese companies moving their…
Author: usaeverydaylife
Nitat Termmee | Moment | Getty ImagesThere are few certainties when it comes to investing.The stock market can seem to gyrate with little rhyme or reason, guided up or down by unpredictable news cycles and fickle investor sentiment. Average stock returns have historically trended up over long time periods, but their trajectory is hardly assured on a daily, monthly or annual basis. As the common investment disclosure goes, “Past performance is no guarantee of future results.”Yet, according to financial advisors, there is an outlier in the realm of investing: the 401(k) match.The basic concept of a 401(k) match is that…
An unlikely technology billionaire could come out on top in the battle of the world’s richest a year from now. Oracle Chairman Larry Ellison could see his wealth through stock holdings in his database software vendor company hit $206.5 billion in a year, when accounting for his current roughly 1.1 billion-share stake and analysts’ consensus price target, according to FactSet. ORCL YTD mountain Shares this year That would put him ahead of Amazon’ s executive chair, Jeff Bezos, Tesla CEO Elon Musk and Nvidia CEO Jensen Huang in stock value alone. Oracle shares are up nearly 60% in 2024 and…
Lina Khan, Chair of the Federal Trade Commission (FTC), testifies before the House Appropriations Subcommittee at the Rayburn House Office Building on May 15, 2024 in Washington, DC. Kevin Dietsch | Getty Images News | Getty ImagesThe Federal Trade Commission on Friday sued three large U.S. health companies that negotiate insulin prices, arguing the drug middlemen use practices that boost their profits while “artificially” inflating costs for patients. The suit targets the three biggest so-called pharmacy benefit managers, UnitedHealth Group’s Optum Rx, CVS Health’s Caremark and Cigna’s Express Scripts. All are owned by or connected to health insurers and collectively administer about…
Republican presidential candidate and former U.S. President Donald Trump with his bloodied face is assisted by the Secret Service as multiple shots rang out during a campaign rally at the Butler Farm Show in Butler, Pennsylvania, U.S., July 13, 2024. Brendan Mcdermid | ReutersThe U.S. Secret Service said Friday it was to blame for the near-assassination of former President Donald Trump at a July campaign rally, pointing to “complacency” by some of its agents and communication gaps with local police.”As I’ve said, this was a failure on the part of the United States Secret Service,” said Ronald Rowe, the agency’s acting…
COLUMBUS, Ohio — In March 1993, the morning after two of his relief pitchers died in a boating crash, then-Cleveland Indians manager Mike Hargrove arrived at the team’s spring-training facility at approximately 6 a.m. to find the parking lot full and most of the players already in the clubhouse.The team leaders thought it was important that everybody be together as soon as possible after the deaths of Steve Olin and Tim Crews, and the task of convening a team meeting fell to Hargrove, a 43-year-old third-year manager.“I had no clue what I was going to say or do. Where do…
Former pharmaceutical champion Pfizer (PFE) , down 52% from its December 2021 all-time high, is judged to be in the throes of a “bearish-to-bullish” Reversal. Once the most valuable large-cap pharma stock in the world, Pfizer has suffered setback after setback the past three years and at present, at $29.30 a share, is trading now only slightly above its March 2020 Covid low of $26.32. Of late, the stock “acts well” as the old-time technical expression goes, exhibiting bullish price-volume correlation and good relative strength to its peers in the S & P 500 Pharmaceuticals Industry Group. Pfizer, the laggard…
Check out the companies making headlines in midday trading: FedEx — The delivery giant plunged more than 13% after reporting a steep quarterly earnings drop. The company also lowered its full-year revenue forecast. CEO Raj Subramaniam said industrial demand was softer than expected, while FedEx’s customers continued to shift to cheaper, slower delivery options, which squeezed profits. Nike — The apparel stock jumped 5.8% after the announcement of a CEO change. Nike veteran Elliott Hill is taking over for John Donahoe in October. Shares of the company were down about 25% for the year prior to the announcement. Constellation Energy…
This undated photo provided by Kentucky Court of Justice shows slain District Judge Kevin Mullins.Kentucky Court of Justice via APA judge in a rural Kentucky county was fatally shot in his courthouse chambers Thursday, and the local sheriff was charged with murder in the killing, police said.The preliminary investigation indicates Letcher County Sheriff Shawn M. Stines shot District Judge Kevin Mullins multiple times following an argument inside the courthouse, according to Kentucky State Police. Mullins, who held the judgeship for 15 years, died at the scene, and Stines surrendered without incident.The fatal shooting in Whitesburg sent shock waves through a…
HARRISONBURG, Va. — It doesn’t take long.Visit James Madison University, and you will quickly notice how eager folks are to hold doors open for one another. Students for students. Students for professors. Locals for students. In this college town, aptly nicknamed the “Friendly City,” if they can see you coming, they’re holding it open.JMU’s campus sits in the heart of the Shenandoah Valley, flanked by the Blue Ridge Mountains. Founded in 1908 as the State Normal and Industrial School for Women at Harrisonburg, it didn’t become fully co-ed until 1966 and didn’t field a football team until 1972. It now…
