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Bank of America shares are trading higher by 6% this week. The stock is up following news of Donald Trump’s victory in the 2024 U.S. presidential election. read more ​  ​Bank of America shares are trading higher by 6% this week. The stock is up following news of Donald Trump’s victory in the 2024 U.S.

Nissan Motor Company announced it will be “taking urgent measures” to turnaround its business model after results from the first half of Fiscal Year 2024 showed decreased consolidated net revenue and global sales volumes, and an operating profit margin of 0.5%. In a news release early Thursday morning, the company said it is “facing a

Politics has the ability to unite, but it also has the power to divide — something Lady Gaga’s father and New York City restaurant owner Joe Germanotta is apparently feeling after former President Trump’s 2024 election win. “I came out as a Republican on ‘FOX & Friends,’ ever since then, you know, it’s been a

Stellantis is indefinitely laying off more than 1,000 employees at its Jeep assembly plant in Ohio as the automaker significantly reduces its inventory levels to match demand.  Stellantis, the parent company of Chrysler, Jeep, Dodge and Ram, issued Worker Adjustment and Retraining Notification (WARN) notices to the respective state and local governments as well as

Mortgage rates marched higher for the sixth straight week while purchase demand continues to decline in the stagnant housing market. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed that the average rate on the benchmark 30-year fixed mortgage surged to 6.79% from last week’s reading of 6.72%. The average rate on a 30-year loan

During his “My Take” on Thursday, “Varney & Co.” host Stuart Varney argued that one of the factors that led to President-elect Trump’s victory over Vice President Kamala Harris is the contempt the “elites” have for the American people. STUART VARNEY: The elites have been living in a bubble. Trump just burst it. The trouble

People living in Haddon Heights, New Jersey, say the time has come to be able to enjoy a drink with dinner at a restaurant. On Tuesday, the majority of voters said “yes” to a nonbinding referendum regarding permitting of retail consumption licenses, overturning a 120-year-old prohibition on alcohol sales.  The borough is a suburb of

The Federal Reserve on Thursday announced its second consecutive interest rate cut, lowering the benchmark rate by 25 basis points amid economic data showing signs that inflation and the labor market are cooling. With the 25-basis-point cut, the benchmark federal funds rate will sit at a range of 4.5% to 4.75%. The Fed’s move follows