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Business

“Tesla jumps 15% after passing key hurdle to roll out advanced driver-assistance tech in China”

“Shares of Tesla rose sharply on Monday, their best day since March 2021, after the electric carmaker passed a significant milestone to roll out its advanced driver-assistance technology in China. The company’s share price closed up 15% as investors reacted to news surrounding… Continue Reading…

Business

“House passes bill that could lead to a TikTok ban; fight shifts to the Senate”

“The House approved a bill Wednesday that calls for China tech giant ByteDance to divest TikTok or the popular social video app will effectively be banned in the U.S. The measure passed with a resounding 352-65 vote and with one… Continue Reading…

Banking, Economy, Personal Finance

“U.S. Credit-Card Balances Soar 16% to Pass $1 Trillion for 1st Time”

https://finance.yahoo.com/m/1f9b0a3e-858d-3724-bcb4-0dfe23a5d302/u-s-credit-card-balances.html This article is behind a pay wall but I want to comment on something. Now is the worst time ever to have bad debt. This is prime time to pay debt off. Keep some reserves. The biggest investment opportunity… Continue Reading…

Energy

“Oil Traders Bet Prices Will Pass $200 a Barrel This Month”

“Traders piled into options that oil could surge even further after rising to the highest since 2008, with some even placing low-cost bets that futures surpass $200 before the end of March… Prices to buy call options at higher prices… Continue Reading…

Personal Finance

“The Hidden Ways the Ultrarich Pass Wealth to Their Heirs Tax-Free”

“…Officially, gifts are taxable: If you send someone more than $15,000 per year, you’re supposed to file a separate gift tax return, with the total counting toward your $11.7 million lifetime estate-and-gift-tax exemption. (Double that for married couples.) Once you… Continue Reading…

Economy

“Record government and corporate debt risks ‘tipping point’ after pandemic passes”

“The United States is embarking on a rapid-fire experiment in borrowing without precedent, as the government and corporations take on trillions of dollars of debt to offset the economic damage from the coronavirus pandemic. The federal government is on its… Continue Reading…