The Historic and Classic Vehicles Alliance (HCVA) has welcomed the findings of an independent review of the Driver and Vehicle Licensing Agency (DVLA), which may finally address the ongoing challenges associated with converting classic cars to electric power. With the rise in popularity of electric conversions, especially among classic car owners in urban areas, the HCVA highlighted that its members require formalized standards to ensure quality and safety in this expanding field. Dale Keller, CEO of the HCVA, stated: “The minister for the future of roads has effectively given the green light for the DVLA to move forward on presenting…
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While the first-generation Mustang often steals the spotlight, a 1992 model recently listed on eBay is a hidden gem that deserves closer inspection. Once part of a private muscle car collection, this Mustang boasts an impressive pedigree and pristine condition. Never restored, the car retains its original red paint, white leather interior, and matching white convertible top. Equipped with power brakes, disc brakes, power windows, and power seats, this Mustang is a well optioned classic that has been meticulously cared for throughout its life. Rare 1992 Ford Mustang Convertible in Pristine Condition Listed on eBay (In Gear Motors) Beyond the…
View of the White House as the sun sets the day after the Presidential election, in Washington, DC on November 6, 2024. Ting Shen | AFP | Getty ImagesPresident Joe Biden will host President-elect Donald Trump for a traditional postelection meeting in the Oval Office on Wednesday, the White House said Saturday.Such a meeting is customary between the outgoing president and the incoming president, and is meant partly to mark the start of a peaceful transfer of power under America’s democracy.But Trump, a Republican, did not host Biden, a Democrat, for a sit-down after the 2020 election, when Trump lost his…
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. In past generations, ordinary families often bought a small property and rented it out to generate additional income and retirement security. It might be a handyman special or discounted foreclosure in a nearby neighborhood and with 20% down and a lot of elbow grease and paint, Mom and Pop could turn the neighborhood ugly duckling into a beautiful swan. Don’t Miss: The 2008 real estate crash shifted the market as institutional investors, incentivized by government discounts, bought many foreclosed homes, finding long-term profit…
At this year’s Tatton Park Classic & Retro Car Revival show, one exhibit in particular captivated visitors’ attention. Although it wasn’t known for high performance or an exotic design, Peter Bell’s 49-year-old Renault 12 TL brought back memories of one of the most popular imported cars of the 1970s. Today, it’s believed that only four of these models remain. For attendees of a certain age, seeing this N-registered car in person triggered memories of an era long past. The distinctive features, from the headlight adjustment levers that allowed drivers to accommodate a heavy load, to the elaborate air vents and…
This straightforward investment could help you build serious wealth. Investing in the stock market can be intimidating, especially if you’re a beginner. But it’s simpler than it might seem, even if you have little to no investing experience. Where you choose to invest is the most important decision you’ll need to make. Fortunately, there are plenty of investments that are well-suited for beginners and those who simply want a no-fuss option. While your investing choices are personal, there’s one option that comes highly recommended by billionaire investor Warren Buffett: The S&P 500 index fund. Here’s why it’s such a fantastic…
Nuclear energy stocks have become a favorite of Wall Street this year as the artificial intelligence boom spreads and Big Tech searches for ways to meet its growing power demand. They helped power the S&P 500’s Utilities index (XLU) to all-time highs — the index is on track to outperform the S&P 500’s equal-weighted counterpart (^SPXEW) in 7 of the past 10 months, according to data compiled by Bloomberg. And Vistra (VST), a nuclear power company, recently surpassed Nvidia (NVDA) as the biggest gainer in the S&P 500 (^GSPC) year to date. Big Tech firms, including Amazon (AMZN), Microsoft (MSFT),…
In my opinion, the pinnacle of Camaro design is found in the second-generation model with the RS nose. This car embodied everything that made the original Camaro exceptional, while also introducing a stunning European-inspired style that has yet to be surpassed, as well as increased interior comfort. It was an instant success, with a fundamental design that remained unchanged until 1981. Unlike the Mustang, which grew in size during this period and transitioned toward a more luxurious image, the Camaro stayed true to its roots, solidifying its status as what I believe is the ultimate pony car of the 1970s.…
The rapid ascent of the federal funds rate from near 0% in 2022 to a 15-year high of 5.25% in July 2023 presents both an opportunity for hedge funds’ expected returns and a silent increase in the price of alpha. Indeed, given the interest rate trajectory, the alpha captured by those who invested with a good manager with an equity beta of 1 may have fallen by 36%. So, how can hedge fund investors optimize the price they pay for alpha? The Alpha Capture Ratio The alpha capture ratio metric gauges the cost of alpha. To calculate it, we first…
A 1967 Mercedes-Benz 250 SE Automatic, a relic of automotive elegance, languishes in an auction yard, its once-glorious form now marred by neglect and a severe crash. The 57 year old car, once a symbol of luxury and performance, now sits forgotten, its bodywork dented and missing parts. The iconic three-pointed star emblem, a testament to its heritage, is absent, a victim of time and the harsh realities of the junkyard. Despite its dilapidated state, the car’s timeless design still shines through. 1967 Mercedes-Benz 250 SE Awaits Restoration or Scrap Decision at Auction (Monkey Wrench Mike /YouTube) The sleek lines,…