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Monthly Archives: January 2023

Ford F-Series 2022 sales show pickup continued decades-long dominance

2023 Ford F-150 Raptor R Ford DETROIT – The Ford F-Series continued its decadeslong U.S. sales dominance in 2022 despite ongoing parts and supply chain problems, the company said Tuesday. Ford Motor reported sales of its F-Series, which includes the F-150 pickup and its larger siblings, surpassed 640,000 trucks last …

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Tesla stock down 10% following deliveries report

Tesla vehicles are shown at a sales and service center in Vista, California, June 3, 2022. Mike Blake | Reuters Shares of Tesla dropped 13% on Tuesday morning, a day after the electric auto maker reported fourth-quarter vehicle production and delivery numbers for 2022. Deliveries are the closest approximation of …

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Southwest Airlines cancellations abate after holidays but costs pile up

Pristine Floyde searches for a friend’s suitcase in a baggage holding area for Southwest Airlines at Denver International Airport on December 28, 2022 in Denver, Colorado. Michael Ciaglo | Getty Images Southwest Airlines stabilized its schedule over the weekend after about 16,000 cancellations, but its systemwide holiday meltdown could cost …

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Dubai nixes its 30% alcohol tax in a bid to attract more tourism

Media, not the hotels themselves, often label hotels like Burj Al Arab as “six-star” or “seven-star” hotels. Waitforlight | Moment | Getty Images DUBAI, United Arab Emirates — Dubai is scrapping its 30% tax on alcohol sales for the rest of the year, the emirate’s municipality announced Monday, the latest …

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Japanese families reportedly set to receive 1 million yen per child for moving out of Tokyo

Tokyo is one of the most densely populated cities in the world, while rural areas of Japan are suffering with ageing populations and declining birth rates. Prisma by Dukas / Contributor / Getty Images The Japanese government will give families up to 1 million yen ($7,670) per child if they …

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Genesis’ Cameron Winklevoss and DCG’s Barry Silbert spar over frozen funds

Tyler Winklevoss and Cameron Winklevoss (L-R), co-founders of crypto exchange Gemini, on stage at the Bitcoin 2021 Convention in Miami, Florida. Joe Raedle | Getty Images Cameron Winklevoss, president and co-founder of digital currency exchange Gemini, accused the head of crypto conglomerate Digital Currency Group of engaging in “bad faith” …

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Gold surges to 6-month high, and analysts expect new records in 2023

One kilo gold bars are pictured at the plant of gold and silver refiner and bar manufacturer Argor-Heraeus in Mendrisio, Switzerland, July 13, 2022. Denis Balibouse | Reuters LONDON — The price of gold notched a six-month high early on Tuesday, and analysts believe the rally has further to go …

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5 things to know before the stock market opens Tuesday, January 3

A worker cleans the street after the first public New Year’s event since the Covid pandemic, at Times Square, in the Manhattan borough of New York City, New York, U.S., Jan. 1, 2023. Andrew Kelly | Reuters Here are the most important news items that investors need to start their …

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Hannah Williams quit her job to launch viral TikTok, earns 6 figures

In May, Hannah Williams made a leap a lot of people only dream about: She quit her day job as a data analyst to become a content creator full time. At the time, she’d had a few months of success through her personal TikTok, where she shared experiences about job-hopping …

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Middle class income in major U.S. cities

The middle class has been shrinking throughout the last five decades as more Americans have entered either the upper or lower income brackets, according to Pew Research Center.  The latest data from 2021 shows the share of the population in the middle class continues to hover around 50%, around where …

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