One of the goals of the Inflation Reduction Act is to lower drug costs for Medicare beneficiaries. The biggest step toward that goal will be the implementation of the $2,000 cap on Part D out-of-pocket costs starting in January 2025. Nearly 19 million Part D enrollees could save $400 and…

That’s because these funds mostly invest in Chinese equities that trade on the Hong Kong Stock Exchange or U.S. exchange-listed companies that are headquartered or incorporated in China. Mainland Chinese markets, including Shanghai and Shenzhen stock exchanges, will remain closed until Oct. 8.”I am bullish on Chinese equities; this time is…

Tesla posted its third-quarter vehicle production and deliveries report on Wednesday. The stock fell as much as 3.7% after the report.Here are the key numbers:Total deliveries Q3 2024: 462,890Total production Q3 2024: 469,796Analysts were expecting deliveries of 463,310 in the period ending Sept. 30, according to estimates compiled by FactSet StreetAccount.Deliveries…

Tesla reported an increase in sales for the first time this year, although its year-to-date sales still trail the same period of 2023. The company delivered nearly 463,000 vehicles worldwide in the third quarter, up 6% from its year ago sales figure and up 4% from the total delivered in…

This article was written byFollowJR Research is an opportunistic investor. He was recognized by TipRanks as a Top Analyst. He was also recognized by Seeking Alpha as a “Top Analyst To Follow” for Technology, Software, and Internet, as well as for Growth and GARP. He identifies attractive risk/reward opportunities supported…

Israeli forces bombarded Beirut and southern Lebanon overnight as the region braced for Israel’s response to a missile attack by Iran that intensified fears of an all-out war in the Middle East.Prime Minister Benjamin Netanyahu vowed retaliation against Tehran after dozens of missiles were fired into Israel. “Iran made a…

Registered voters who watched Tuesday’s debate between vice presidential nominees Tim Walz and JD Vance were closely divided over which candidate did the better job, according to a CNN instant poll of debate watchers conducted by SSRS, and the event left viewers with more positive views of both candidates than…

This month, the U.S. Senate’s Special Committee On Aging held a hearing to address elder financial fraud. It is entitled Fighting Fraud: How Scammers are Stealing from Older Adults. Ranking member Senator Braun stated that Medicare fraud alone cost taxpayers $60B in 2023. The committee thoroughly explored the broad topic…

The U.S. housing market has remained stagnant, with just 25 out of every 1,000 homes changing hands in 2024, according to recent data from real estate firm Redfin.  The first eight months of the year marked the lowest turnover rate in at least 30 years, according to Redfin, which conducted…

Mastercard said Tuesday that it’s agreed to acquire Minna Technologies, a software firm that makes it easier for consumers to manage their subscriptions.The move comes as Mastercard and its primary payment network rival Visa are rapidly attempting to expand beyond their core credit and debit card businesses into technology services,…