Swap speculative stocks for duller games, even as the market rises, says Jim Cramer

Swap speculative stocks for duller games, even as the market rises, says Jim Cramer

CNBC’s Jim Cramer told investors on Tuesday to sell their speculative stocks to fund purchases of more stable stocks. “It’s time to take profits on the most speculative stocks in your portfolio and move that money into something more resilient,” said the “Mad Money” host. “A mild recession is still a recession. You have to … Read more

Which EVs are eligible for new US tax relief? Websites offer help

Which EVs are eligible for new US tax relief?  Websites offer help

WASHINGTON (AP) — As part of the rollout of a massive new climate, tax and health care bill, the US government is moving forward with its plan to grant new tax credits to electric vehicle buyers. Several new websites were launched Tuesday to help people identify which vehicles qualify for the credits. Based on data … Read more

Jim Cramer warns investors not to bet on a soft landing prematurely

Jim Cramer warns investors not to bet on a soft landing prematurely

CNBC’s Jim Cramer warned investors on Tuesday not to believe the Federal Reserve will bring about a soft landing for the economy. “Fair-weather bulls, all of whom thought we were heading for a severe recession two months ago… are now rushing to announce a soft landing way too early,” said the host of “Mad Money.” … Read more

This is Dodge’s first electric vehicle

This is Dodge’s first electric vehicle

2023 Dodge Hornet GT cleverness DETROIT – The first electrified vehicle for the Dodge brand under Stellantis will be a plug-in hybrid crossover called the Hornet, a resurrected name most recently used for a 1970s station wagon. The compact crossover will be Dodge’s new entry-level model, with a starting price of less than $30,000 for … Read more

Home buyers are pulling out of more deals as recession fears linger

Home buyers are pulling out of more deals as recession fears linger

Contractors work on a home under construction in Antioch, California, on Tuesday, June 14, 2022. David Paul Morris | Bloomberg | Getty Images Rising costs and declining confidence in the US economy are fast becoming a poisonous cocktail for the housing market. As a result, a growing number of buyers are withdrawing from deals they … Read more

American Airlines agrees to ship 20 supersonic planes from Boom. to buy

American Airlines agrees to ship 20 supersonic planes from Boom.  to buy

American Airlines has agreed to purchase 20 supersonic Overture aircraft from Boom Supersonic, the companies announced Tuesday. The deal is Boom’s second firm order in the past two years, years of building its first commercial aircraft. United Airlines made a commitment last year to buy 15 Overture jets. “Passengers want flights that are faster, more … Read more

Germany: 1 dead, 9 injured after test car ends up in traffic

Germany: 1 dead, 9 injured after test car ends up in traffic

BERLIN — A test car with autonomous steering power ended up in oncoming traffic in Germany, killing one person and seriously injuring nine others, police said on Tuesday. A police spokesman in the southwestern city of Reutlingen said the electric BMW iX with five people on board, including a young child, veered out of its … Read more

You can buy a Dodge Challenger convertible when the model comes to an end

You can buy a Dodge Challenger convertible when the model comes to an end

For starters, customers can finally order a Dodge Challenger convertible. You can buy a convertible version of the Ford Mustang or Chevrolet Camaro for a long time now. Now, after 14 years on the market, the Challenger, which is considered to be something of a competitor to those two ‘pony cars’, will finally be available … Read more

SoftBank-backed Ola Electric aims to launch Indian-built EV in 2024

SoftBank-backed Ola Electric aims to launch Indian-built EV in 2024

Ola CEO Bhavish Aggarwal appears on screen during a presentation on August 15, 2021. The company’s EV arm, Ola Electric, plans to launch an electric car in 2024. Samyukta Lakshmi | Bloomberg | Getty Images Ola Electric’s CEO said Monday that his company would launch an all-electric vehicle that can go from 0 to 100 … Read more