Month: December 2022

Key Findings: Excessive tax rates on cigarettes induce substantial black and gray market movement of tobacco products into high-tax states from low-tax states or foreign sources. New York has the highest inbound smuggling activity, with an estimated 53.5 percent of cigarettes consumed in the state deriving from smuggled sources in 2020. New York is followed
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In this article F Follow your favorite stocksCREATE FREE ACCOUNT Ford F-150 Lightning trucks manufactured at the Rouge Electric Vehicle Center in Dearborn Michigan. Courtesy: Ford Motor Co. DETROIT – About 65% of Ford Motor’s dealers have agreed to sell electric vehicles as the company invests billions to expand production and sales of the battery-powered
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A United Airlines terminal at John F. Kennedy International Airport in New York January 24, 2011. Jessica Rinaldi | Reuters Check out the companies making headlines in premarket trading Monday. United Airlines — Shares rose 1% after Morgan Stanley upgraded United Airlines to overweight from equal weight, saying 2023 could be a “goldilocks” year for
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In this article NIO 9866-HK Follow your favorite stocksCREATE FREE ACCOUNT Alibaba headquarters in Hangzhou, China. Bloomberg | Bloomberg | Getty Images Shares of Chinese companies listed in the U.S. jumped Monday after China loosened more Covid restrictions to accelerate the reopening of the economy. The Invesco Golden Dragon China ETF, which tracks the Nasdaq Golden Dragon
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