Home Depot is facing a dismal chapter as its stock takes significant hits and analysts lower their price expectations. The last two-month slump has triggered alarm bells as to whether high-income earners have begun spending less. Further compounding the impact, the great equalizer — tariffs — have created a particularly...
The FBI recently partnered with the ATF to address a new challenge. They’ve formed a task force to explore a wave of vandalizing raids on Tesla precincts. This announcement follows last week’s unveiling of a series of incendiary devices. These devices were confiscated at a Tesla observation center in Austin,...
U.S. Trade Representative (USTR) Robert Lighthizer is considering large penalties on such ships constructed in China. This move is meant to help ensure that strong domestic shipbuilding industry when these ships come into U.S. ports. The proposal has understandably raised alarm from farmers and the ocean carriers as well as...
Beneficiaries of inherited IRAs need to know about upcoming changes to required minimum distributions (RMDs). Missed RMDs will incur a penalty starting in 2025. The IRS released regulations last year outlining rules for RMDs from inherited IRAs. These laws require that some heirs receive regular RMDs each year while draining...
The Austin Police Department (APD) is currently investigating a deeply troubling incident. More incendiary devices found at Austin, Texas Tesla display. The shooting started shortly after 8 a.m. local time. This led to a rapid response from the APD supported by the Federal Bureau of Investigation (FBI). The Austin Police...
Beginning April 2, the United States will slap on a massive 25% tariff. This tariff directly punishes countries, like China and India, that are buying oil and gas from Venezuela. Former President Donald Trump introduced the novel trade restriction, blaming Venezuela’s purported behavior as the reason for the tariff. This...
23andMe, the pioneering consumer genomics firm, became the latest startup casualty to exercise its Chapter 11 bankruptcy protection options Sunday night in Missouri federal court. This announcement comes at the same time as the resignation of CEO Anne Wojcicki, who is still expected to stay on as a board member....
The Internal Revenue Service (IRS) is bracing for a significant drop in tax revenue, potentially exceeding 10% compared to last year, by the critical tax deadline of April 15. This anticipated shortfall stems from a combination of factors, including projected job losses due to Elon Musk's Department of Government Efficiency...
South Korean conglomerate Hyundai — aka the company behind your favorite electric vehicle — is expected to announce a huge $20 billion investment in U.S. onshoring initiatives. The final winner will be announced at the White House. Hyundai Chairman Euisun Chung, former President Donald Trump, and Louisiana Governor Jeff Landry...
Now, Senators Elizabeth Warren and Ron Wyden are sounding the alarm on the Social Security Administration’s future. Agency insiders are anxious about how new leadership might change the agency’s current course. They are concerned that the incoming nominee may propose privatizing Social Security. On top of that, they’re worried about...
At the same time, the United States has increased its reliance on sanctions as a tool of foreign policy. Now, it focuses on individuals, countries and entities across the globe. These measures are put in place by the Office of Foreign Assets Control (OFAC). Their purpose is to shape behavior...
Now, the U.S. government has moved to deploy a sweeping set of export controls designed to keep China from acquiring next generation chip technology. These actions have significant repercussive effects on technology markets around the world and U.S. foreign relations. OverTraders.com takes an in-depth look at these complex restrictions to...
The digital world is the new great power arena, and America’s technological dominance is being threatened. China’s acceleration to establish itself as a technology superpower arguably presents the most consequential challenge. To remain secure and keep America first in innovation, the United States needs an urgent and fundamental recalibration of...
Meanwhile on Ethereum, the second largest blockchain behind Bitcoin has successfully merged to a Proof of Stake (PoS) consensus mechanism. This event — dubbed “The Merge” — was widely viewed as the biggest transition in crypto history. This transformation has enabled greater energy efficiency and scalability, as well as a...
The financial media loves to sell an image of recessions as cleansing fires, roasting out all the weak businesses and uncovering all those buried opportunities. I consider this narrative very perilously rosy. Though some will come through untouched, or perhaps even in a more advantageous position, the truth is much...
Chief Financial Officers (CFOs) are in a unique position to champion change. Second, as the primary federal transportation funding distributors, they are the financial stewards. These individuals are responsible for financial planning, risk management, and strategic decisions that influence the company’s bottom line. While optimism is often seen as a...
Alright, let’s get into electric vehicles. We’re not just driving change for cars, we’re driving huge improvements for the future of all transportation and it’s electrifying — in every sense of the word! For years, Tesla has been the undisputed king of the EV hill, but there's a new contender...
The Chinese revolution in automotive is nothing less than a seismic shift, and at the very epicenter of this transformation is BYD. OverTraders.com is here to break down how BYD, once a relatively unknown player, is now a dominant force, influencing competition, innovation, and consumer choices in the world's largest...