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Stock Market

CEO pay rose nearly 10% in 2024 as stock prices and profits soared

Mae Anderson and Paul Harloff  |  Associated PressNew York — The typical compensation package for chief executives who run companies in the S&P 500 jumped nearly 10% in 2024 as the stock market enjoyed another banner year and corporate profits rose sharply.Many companies have heeded calls from shareholders to tie CEO compensation more closely to performance. As a result, a large proportion of pay packages consist of stock awards, which the CEO often can’t cash in for years, if at all, unless the company meets certain targets, typically a higher...
Stock Market

50501 Movement protests vs. Trump, Musk, tariffs planned in Oregon

Video: Scenes from protest in EugeneCrowds of thousands of people showed up Saturday for a protest outside the Eugene City Hall.Hundreds of protests organized by the 50501 Movement are planned nationwide on April 19, including several in Oregon.The protests aim to address concerns about the Trump administration, including cuts by the Department of Government Efficiency, stock market impacts, immigration and cost of living.The 50501 Movement is a grassroots initiative started on social media, advocating for sustained resistance against the Trump administration.Hundreds of protests are planned across the country April 19...
Stock Market

Anti-Trump protests in U.S. near 700 on Saturday; see why, where in NJ

Protesters in Toms River rally against Trump policies: 'Hands Off'Demonstrators gathered in front of the U.S. Department of Veterans Affairs building on Hooper Avenue to express their concerns about Trump's policies.Hundreds of protests are planned across the country Saturday to push back against what organizers and supporters argue is a dangerous Trump administration.Organized by the 50501 Movement, a grassroots initiative born on social media, nearly 700 protests are planned April 19 as a "sustained resistance in order to make a difference." The group is hoping to keep the momentum following...
Currencies

Book Review: ‘The Mysterious Mr. Nakamoto,’ by Benjamin Wallace

THE MYSTERIOUS MR. NAKAMOTO: A Fifteen-Year Quest to Unmask the Secret Genius Behind Crypto, by Benjamin WallaceA few years ago, I met up for coffee in Miami Beach with a person named Keith Rabois. Along with Peter Thiel and Elon Musk, Rabois is a member of the so-called PayPal Mafia — the group that took that company public in 2002 and went on to develop a series of seminal Silicon Valley businesses.The topic of Bitcoin came up, as it tended to do then. Rabois pointed out that PayPal’s original vision...
USA Property

Tesla attacks, vandalism are ‘domestic terrorism,’ says AG Pam Bondi

Uptick in Tesla vandalism amid DOGE backlashElon Musk's Teslas are being vandalized at a higher rate as he faces backlash for federal cuts and firings.U.S. Attorney General Pam Bondi echoed President Donald Trump by saying those who vandalize and violently attack Teslas are committing “domestic terrorism.”Bondi, the former Florida Attorney General who Trump nominated as the country’s next attorney general in November, made the comments in a statement on Tuesday evening.“The swarm of violent attacks on Tesla property is nothing short of domestic terrorism,” Bondi said in the statement.According to...
Stock Market

How to prepare for recession as US stocks plunge amid Trump tariff fears

Recession fears persist amid inflation and trade warsPresident Donald Trump did not rule out the possibility of a recession in a recent Fox News interview, amid his administration's continuing trade war.The U.S. economy may be heading toward a recession due to recent economic policies and global uncertainty.A recession is characterized by a decline in economic activity, including a drop in GDP, increased unemployment, and reduced consumer spending.Experts suggest preparing for a potential recession by building an emergency fund, reducing debt, and diversifying investments.Are we heading for a recession?On Monday, U.S....
Stock Market

Why Tesla stock tumbled 28% in February

Jeremy Bowman  |  The Motley FoolTesla tumbles below $1 trillion valueFor the first time since November, Tesla is worth less than $1 trillion. The firm's stock tumbled 8% after new figures showed sales have slumped in Europe.After soaring following the election, Tesla (NASDAQ: TSLA) stock ran into a wall in February as a number of news items, macro challenges and CEO Elon Musk's involvement in the Department of Government Efficiency (DOGE) initiative all seemed to contribute to a sharp pullback in the stock.When the dust settled for February, the stock...
USA Property

DOGE claims real estate savings in Louisiana. Here’s how much and where

Highlights from Friday's game between Captain Shreve and CarencroHighlights from Friday's game between Captain Shreve and Carencro in the LHSAA Division I playoffsThe Department of Government Efficiency, led by Elon Musk, claims to have terminated 748 real estate leases throughout the U.S., totaling approximately 9,587,384 square feet and $660 million.Along with real estate terminations, DOGE has terminated 2,334 contracts and 3,489 grants. All leases, contracts and grants, as well as amounts DOGE has claimed to save, can be found on DOGE's "Wall of Receipts."DOGE claims to have saved a total...
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