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Tesla Stock Tumbles 9% Midday Amid EV Tax Credit Uncertainty and Musk’s Opposition

Tesla Stock Tumbles 9% Midday Amid EV Tax Credit Uncertainty and Musk’s Opposition

by Jessica Gwathney | Jun 5, 2025 | Automotive, Automotive, Economics, Market News, Stock Market, Technology

Tesla shares dropped sharply on Thursday, sliding 9% in midday trading as investor concerns grew over potential changes to federal electric vehicle (EV) tax credits — and a shifting stance by CEO Elon Musk. The stock’s decline follows reports that Musk is now...
DraftKings Shares Slide 6% as Illinois Approves Aggressive Sports Betting Tax Hike

DraftKings Shares Slide 6% as Illinois Approves Aggressive Sports Betting Tax Hike

by Leland Li | Jun 2, 2025 | Domestic, Entertainment, Sports

DraftKings Inc. (NASDAQ: DKNG) experienced a significant decline in its stock price on Monday, June 2, 2025, dropping approximately 6% before noon. This downturn followed the announcement of Illinois’ passage of its Fiscal Year 2026 budget, which includes a new...
Election Impact: How Tax Policy Proposals Could Send S&P 500 Earnings on a Wild Ride

Election Impact: How Tax Policy Proposals Could Send S&P 500 Earnings on a Wild Ride

by Disun Holloway | Sep 5, 2024 | Domestic, Economics, Investing News, Politics, Stock Market

As the 2024 election approaches, the potential for significant swings in the S&P 500 looms large, with tax policy proposals from presidential candidates poised to impact corporate earnings dramatically. According to a recent report by Goldman Sachs, the direction...

Kamala Harris’s No-Tax-on-Tips Proposal: A Varying Take on Trump’s Initiative

by Leland Li | Aug 21, 2024 | Personal Finance, Politics, Your Savings

In the realm of tax policy, Vice President Kamala Harris has recently introduced, or re-introduced, a proposal aimed at providing relief to workers who rely heavily on tips. This initiative follows a similar concept initially proposed by former President Donald Trump...

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Senate Passes GENIUS Act

by Elvis Guaman | Jun 18, 2025

In a historic vote on Tuesday, the...

Zyn for the Win?

by Lucas Shum | Jun 17, 2025

By all appearances, Philip Morris...

How Artificial Intelligence Is Transforming Labor Markets, Productivity, and Industry Dynamics

by Leland Li | Jun 16, 2025

Artificial Intelligence (AI) is...

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