Archive

July 11, 2025

Browsing

US stocks have been in a sharp uptrend since early April, but higher tariffs set to go live on August 1 could reverse some of the recent gains, potentially resulting in meaningful losses in the second half of 2025.

Still, famed investor Jim Cramer says some stocks are currently trading at a significant discount, not because of legitimate reasons, but due to misperceptions only.

Four of those, the former hedge fund manager particularly recommends buying, are: Starbucks, Home Depot, Costco, and McDonald’s – all major names within their respective sectors.

Let’s dive deeper into Cramer’s view on these four behemoths individually.

Costco Wholesale Corp (NASDAQ: COST)

Jim Cramer recommends owning Costco stock on the recent pullback primarily because the retailer relies heavily on a subscription model for revenue, enabling it oto ffer hard-to-beat prices even amid challenging times.

According to the Mad Money host, Issaquah-headquartered Costco will succeed in keeping prices low despite tariffs, potentially leading to an increased footfall over the next few quarters.  

A 0.54% dividend yield on COST shares, while not much, is still an added reason to own them in the back half of 2025.

Starbucks Corp (NASDAQ: SBUX)

Starbucks stock has come under renewed pressure in recent sessions because the US announced a rather steep 50% tariff on Brazil, its primary supplier of coffee beans.

However, Cramer believes the related concerns are overblown, given Starbucks’ scale positions it better than rivals to find a cheaper source of coffee beans.

Moreover, he has immense confidence in the company’s chief executive, Brian Niccol’s, ability to turn this ship around.

Note that SBUX shares also currently pay a dividend yield of 2.56%.

Home Depot Inc (NYSE: HD)

Home Depot stock has been out of favour with investors primarily because the US housing market just isn’t showing any signs of a recovery.

Still, Jim Cramer recommends owning HD shares because its business isn’t confined to home sales – the retailer has also been making significant strides in remodelling and renovation via acquisitions.

It’s a crucial element of the company’s overall growth story that’s been discounted in 2025, but stands to drive the Home Depot stock price up over time.

McDonald’s Corp (NYSE: MCD)

Cramer disagrees with the broader narrative that McDonald’s stock has “lost its way,” even though it really hasn’t done much since the start of 2025.

According to the former hedge fund manager, this too shall pass as the fast food behemoth has the marketing and sheer scale to navigate the current macroeconomic environment.  

Much like other names on his list, McDonald’s is also a dividend stock that currently yields 2.37%, making it all the more attractive to own at current levels, at least for the income investors.  

The post Jim Cramer names his top 4 stocks that are trading at a big discount appeared first on Invezz

A new analysis from the International Council on Clean Transportation (ICCT) has found that battery electric vehicles (BEVs) sold in Europe today produce 73 percent fewer greenhouse gas emissions over their lifetime than comparable gasoline-powered cars

The findings are based on an updated life-cycle assessment (LCA) of all major vehicle powertrain types, including internal combustion engine vehicles (ICEVs), hybrids (HEVs), plug-in hybrids (PHEVs), battery electric vehicles (BEVs), and hydrogen fuel cell electric vehicles (FCEVs).

The report accounts for emissions from vehicle and battery manufacturing, energy production, use and maintenance, while crucially considering changes in the EU’s electricity mix over a car’s operational life.

“Battery electric cars in Europe are getting cleaner faster than we expected and outperform all other technologies, including hybrids and plug-in hybrids,” said lead researcher Dr. Marta Negri. “This progress is largely due to the fast deployment of renewable electricity across the continent and the greater energy efficiency of battery electric cars.”

Further estimates show that BEVs sold this year emit an average of 63 grams (g) of CO₂-equivalent per kilometer (e/km)—down from 83 g CO₂e/km in the ICCT’s 2021 study, and far below the 235 g CO₂e/km estimated for gasoline ICEVs.

The improvement, the ICCT said, reflects rapid decarbonization of Europe’s grid and growing efficiency gains in battery and vehicle production.

When BEVs are powered solely by renewable electricity, their life-cycle emissions fall even further—to 52 g CO₂e/km, or 78 percent lower than those of gasoline cars.

In contrast, the ICCT found that other powertrain types show only limited progress. Plug-in hybrids emit about 30 percent less than gasoline cars over their lifetime, and hybrids achieve just a 20 percent reduction. Natural gas vehicles offer only a 13 percent cut, and diesel cars show emissions similar to gasoline models.

The report also assessed hydrogen fuel cell vehicles. When powered by hydrogen derived from renewable electricity—a technology not yet widely available—FCEVs can reduce emissions by 79 percent compared to gasoline cars.

However, nearly all hydrogen currently used in Europe is produced from natural gas, limiting the actual emission savings to around 26 percent.

Decarbonizing the grid key to BEV success

The ICCT attributes the growing emissions advantage of electric cars to the rapid transition toward renewable energy across the EU.

In 2025, renewables are expected to make up 56 percent of electricity generation, up from 38 percent in 2020. This trend is projected to continue, reaching 86 percent by 2045, based on data from the EU’s Joint Research Centre.

Even with their higher production emissions—largely due to battery manufacturing—electric cars close the “emissions debt” within the first 17,000 kilometers of use, typically within the first one to two years in Europe.

Another purpose of its updated LCA, according to ICCT, was to counter widespread misinformation about electric vehicles’ environmental impacts.

“We hope this study brings clarity to the public conversation, so that policymakers and industry leaders can make informed decisions,” said Dr. Georg Bieker, co-author of the report. “We’ve recently seen auto industry leaders misrepresenting the emissions math on hybrids.”

“Life-cycle analysis is not a choose-your-own-adventure exercise. Our study accounts for the most representative use cases and is grounded in real-world data. Consumers deserve accurate, science-backed information,” he added.

A common misperception, the ICCT notes, is that electric cars are worse for the climate because of their manufacturing footprint.

However, the study concludes that failing to account for the evolving electricity mix and real-world driving patterns leads to distorted comparisons that undervalue electric cars’ advantages.

The full report can be viewed on the ICCT’s website.

Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

President Donald Trump’s budget chief on Thursday said that Federal Reserve Chairman Jerome Powell “has grossly mismanaged the Fed” and suggested he had misled Congress about a pricey and “ostentatious” renovation of the central bank’s headquarters.

The broadside by Office of Management and Budget Director Russell Vought opened up a new front in Trump’s war of words against Powell.

Trump has repeatedly called on the Fed chairman to cut interest rates, without success. He reportedly has considered firing Powell and, more recently, publicly naming the chairman’s replacement months earlier than the end of Powell’s term next spring.

Vought’s letter raises the question of whether Trump will seek to remove Powell for cause, at least ostensibly.

But the Supreme Court in a recent decision strongly suggested that Federal Reserve board members have special protection from being fired by a president.

“While continuing to run a deficit since FY23 (the first time in the Fed’s history), the Fed is way over budget on the renovation of its headquarters,” Vought wrote in a post on the social media site X.

“Now up to $2.5 billion, roughly $700 million over its initial cost,” Vought wrote. “The cost per square foot is $1,923–double the cost for renovating an ordinary historic federal building. The Palace of Versailles would have cost $3 billion in today’s dollars!”

Vought’s tweet linked to a letter he sent Powell that referenced the Fed boss’s June 25 testimony before the Senate Banking Committee.

“Your testimony raises serious questions about the project’s compliance with the National Capital Planning Act, which requires that projects like the Fed headquarters renovation be approved by the National Capital Planning Commission,” Vought wrote.

“The plans for this project called for rooftop terrace gardens, VIP private dining rooms and elevators, water features, premium marble, and much more,” he wrote.

But Powell, in his testimony, said, “There’s no VIP dining room. There’s no new marble. There are no special elevators. There are no new water features. There’s no beehives and there’s no roof terrace gardens,” Vought wrote.

“Although minor deviations from approved plans may be inevitable, your testimony appears to reveal that the project is out of compliance with the approved plan with regard to major design elements,” Vought wrote.

This post appeared first on NBC NEWS

The Trump administration repeatedly has assigned additional job roles to Cabinet members and other officials amid government shake-ups as the president solidifies his agenda for the coming years, Fox News Digital found. 

Secretary of Transportation Sean Duffy was the latest Trump official assigned an additional role Wednesday. The Transportation chief and Trump ally now also serves as the administration’s acting NASA administrator after the president pulled a former nominee’s name from consideration to lead NASA. 

Duffy, however, is not alone in taking on multiple roles within Trump’s second administration. Fox News Digital looked back on the various Trump Cabinet members and officials wearing multiple hats as the president works to realign the federal government with his ‘America First’ policies. 

Sean Duffy 

Duffy, a former Republican congressman from Wisconsin, was tapped to oversee the Department of Transportation and was confirmed by the Senate Jan. 28. Since his confirmation, Duffy has juggled a handful of crises related to tragic plane crashes, including the Potomac River midair collision Jan. 29 and air traffic control issues that plagued New Jersey’s Liberty International Airport earlier in 2025. 

Trump posted to Truth Social Wednesday evening that Duffy would also serve as interim chief of NASA. 

‘I am pleased to announce that I am directing our GREAT Secretary of Transportation, Sean Duffy, to be Interim Administrator of NASA,’ Trump wrote in his announcement. 

‘Sean is doing a TREMENDOUS job in handling our Country’s Transportation Affairs, including creating a state-of-the-art Air Traffic Control systems, while at the same time rebuilding our roads and bridges, making them efficient, and beautiful, again. He will be a fantastic leader of the ever more important Space Agency, even if only for a short period of time. Congratulations, and thank you, Sean!’

Duffy replaced Janet Petro, who has served as acting NASA administrator since Trump’s inauguration. The president had previously nominated an Elon Musk ally named Jared Isaacman to lead NASA but pulled his nomination in June as Trump’s and Musk’s relationship hit the rocks over the ‘big, beautiful bill.’

‘Honored to accept this mission. Time to take over space. Let’s launch,’ Duffy posted to X of the new role. 

Marco Rubio 

Rubio and the Trump administration came under fire from Democrats for the secretary of state holding multiple high-profile roles in the second Trump administration, including Democrats sounding off on the national security council shake-up on Sunday news shows. 

‘There’s no way he can do that and do it well, especially since there’s such incompetence over at DOD with Pete Hegseth being secretary of defense and just the hollowing out of the top leadership,’ Illinois Democratic Sen. Tammy Duckworth told CBS’ ‘Face the Nation.’ ‘There’s no way he can carry all that entire load on his own.’

‘I don’t know how anybody could do these two big jobs,’ Democratic Virginia Sen. Mark Warner said on CNN’s ‘State of the Union.’

Rubio’s roles in the administration include leading the State Department, serving as acting archivist of the United States after Trump ousted a Biden-era appointee, serving as acting administrator of the U.S. Agency for International Development as the administration who works to dissolve the independent agency by September and taking the helm as the interim national security advisor. Rubio’s role overseeing USAID concluded at the start of July when the State Department officially absorbed the agency. 

When asked about the trend of Trump officials wearing multiple work hats in May, the White House reflected in a comment to Fox News Digital on former President Joe Biden’s ‘disaster of a Cabinet.’ 

‘Democrats cheered on Joe Biden’s disaster of a Cabinet as it launched the botched Afghanistan withdrawal, opened the southern border to migrant criminals, weaponized the justice system against political opponents and more,’ White House spokesperson Anna Kelly told Fox News Digital in May. ‘President Trump has filled his administration with many qualified, talented individuals he trusts to manage many responsibilities.’ 

The Trump administration repeatedly has brushed off concerns over Rubio holding multiple roles, most notably juggling both his State Department leadership and serving as acting national security advisor. Similarly, former President Richard Nixon in 1973 named National Security Advisor Henry Kissinger to simultaneously serve as secretary of state. 

‘You need a team player who is very honest with the president and the senior team, not someone trying to build an empire or wield a knife or drive their own agenda,’ an administration official told Politico. ‘He is singularly focused on delivering the president’s agenda.’ 

Despite Democratic rhetoric that Rubio was taking on too many roles, the former Florida senator helped oversee successful U.S. strikes on Iran in June, which destroyed a trio of nuclear sites and decimated the country’s efforts to advance its nuclear program. 

Kash Patel

FBI Director Kash Patel, who railed against the ‘deep state’ and vowed to strip corruption from the federal law enforcement agency ahead of his confirmation, was briefly charged with overseeing the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) in February after the Biden-era director resigned in January. 

Patel was later replaced by Secretary of the Army Daniel Driscoll as acting ATF director in a job change that was reported publicly in April. 

‘Director Kash Patel was briefly designated ATF director while awaiting Senate confirmations, a standard, short-term move. Dozens of similar re-designations have occurred across the federal government,’ the White House told Reuters in April. ‘Director Patel is now excelling in his role at the FBI and delivering outstanding results.’

Daniel Driscoll 

Driscoll was sworn in as the 26th secretary of the Army in February. The secretary of the army is a senior-level civilian official charged with overseeing the management of the Army and also acts as an advisor to the secretary of defense in matters related to the Army. 

It was reported in April that Driscoll was named acting ATF director, replacing Patel in that role. 

‘Mr. Driscoll is responsible for the oversight of the agency’s mission to protect communities from violent criminals, criminal organizations, and the illegal trafficking of firearms, explosives, and contraband,’ his ATF biography states. ‘Under his leadership, the ATF works to enforce federal laws, ensure public safety, and provide critical support in the investigation of firearms-related crimes and domestic and international criminal enterprises,’

Ahead of Trump taking office, Republican representatives Eric Burlison of Missouri and Lauren Boebert of Colorado introduced legislation to abolish the ATF, saying the agency has worked to strip Second Amendment rights from U.S. citizens. 

The ATF has been tasked with assisting the Department of Homeland Security in its deportation efforts under the Trump administration. 

Doug Collins 

Former Georgia Republican Rep. Doug Collins was sworn in as the Trump administration’s secretary of Veterans Affairs in February, a Cabinet-level position tasked with overseeing the department and its mission of providing health, education and financial benefits to military veterans. 

Days after his confirmation as VA secretary, Trump tapped Collins to temporarily lead two oversight agencies, the Office of Government Ethics and the Office of Special Counsel. 

The Office of Government Ethics is charged with overseeing the executive branch’s ethics program, including setting ethics standards for the government and monitoring ethics compliance across federal agencies and departments. 

The Office of Special Counsel is charged with overseeing and protecting the federal government’s merit system, most notably ensuring federal whistleblowers don’t face retaliation for sounding the alarm on an issue they’ve experienced. The office also has an established secure channel to allow federal employees to blow the whistle on alleged wrongdoing. 

The Office of Special Counsel also enforces the Hatch Act, which bans executive branch staffers, except the president and vice president, from engaging in certain forms of political activity

Jamieson Greer 

Trump’s trade representative, Jamieson Greer, has also been tapped for multiple roles within the administration, in addition to helping lead the administration’s tariff negotiations to bring parity to the chronic U.S. trade deficit with other nations. 

Greer took on Collins’ roles as acting director of the Office of Government Ethics and as acting special counsel of the Office of Special Counsel April 1. 

Trump nominated conservative attorney Paul Ingrassia to lead the Office of Special Counsel in May. 

Russell Vought 

Trump named his former director of the Office of Management and Budget under his first administration, Russell Vought, to the same role in his second administration. Vought was confirmed as the federal government’s budget chief in February. 

Days later, Vought was also named the acting director of the Consumer Financial Protection Bureau (CFPB).  

The CFPB is an independent government agency charged with protecting consumers from unfair financial practices in the private sector. It was created in 2010 under the Obama administration after the financial crash in 2008. Democratic Massachusetts Sen. Elizabeth Warren originally proposed and advocated for the creation of the agency.

The CFPB came under fierce investigation from the Department of Government Efficiency in February, with mass terminations rocking the agency before the reduction in force initiative was tied up in court. 

Ric Grenell 

President Donald Trump’s former ambassador to Germany and acting director of national intelligence under his first term, a pair of roles held at separate times in the first administration, currently serves as president of the Kennedy Center and special presidential envoy for special missions of the United States. 

The John F. Kennedy Center for the Performing Arts serves as the national cultural center of the U.S. Trump notably serves as the center’s chair of the board, and Grenell said the center will see a ‘golden age’ of the arts during Trump’s second administration through productions and concerts that Americans actually want to see after years of the performing arts center running in the red. 

Trump named Grenell as his special presidential envoy for special missions to the United States in December 2024 before his inauguration, saying Grenell will ‘work in some of the hottest spots around the world, including Venezuela and North Korea.’

In this role, Grenell helped lead the administration through its response to the wildfires that tore through Southern California in the last days of the Biden administration through the beginning days of the Trump administration. 

Fox News Digital’s Jasmine Baehr contributed to this report. 

This post appeared first on FOX NEWS