Recent research suggests that there is a 40% chance that President Joe Biden will not seek reelection, signaling a challenging road ahead for his campaign. Despite a 60% likelihood of staying in the race, there are mounting concerns about his ability to secure a second term in office. This uncertainty comes as Congress returns from
Finance
When deciding whether to rent a vehicle for your upcoming summer road trip, it is crucial to consider factors such as vehicle capacity and specifications. For instance, if you have a limited number of seats in your own car and you are planning to travel with more passengers than it can accommodate, renting a larger
China is currently in discussions with the European Union regarding the planned tariffs for imported Chinese electric cars. The European Commission had previously stated that if talks did not progress favorably, additional duties on imported Chinese EVs would be implemented on July 4th. The Ministry of Commerce in China expressed their desire to come to
The market for initial public offerings in Hong Kong is expected to see significant improvements over the next five years, especially starting in the second half of this year, according to George Chan, global IPO leader at EY. Despite facing challenges such as high U.S. interest rates, regulatory scrutiny, slower economic growth, and U.S.-China tensions
The American Reshoring ETF (RSHO) is not just another exchange-traded fund; it is a bet on the potential resurgence of U.S. manufacturing jobs. With a focus on industrials, the CEO and founder of Tema ETFs, Maurits Pot, believes that the trend of reshoring and job creation is just beginning. The ETF was launched in May
China has established itself as a dominant player in the global supply chain for many critical minerals, including tungsten. This metal, known for its hardness and energy density, plays a crucial role in various industries such as weapons, automobiles, electric car batteries, semiconductors, and industrial cutting machines. Major companies like Taiwan Semiconductor Manufacturing Company and
Taylor Swift’s popularity has transcended borders, attracting fans from all over the world, particularly Americans, to embark on international travel to attend her concerts. This phenomenon, known as passion tourism, is a growing trend in the travel industry. Travel experts have noticed a significant increase in Americans traveling abroad to see Taylor Swift in concert,
The recent revelation of meme stock trader “Roaring Kitty,” also known as Keith Gill, taking a stake in the pet food e-commerce retailer Chewy led to a surge in the company’s stock price. Gill purchased over 9 million shares of Chewy, representing a 6.6% stake in the company and making him the third-largest shareholder. This
The second half of the year may bring about a bullish move for both value and growth stocks in the market. Todd Rosenbluth, the head of research at VettaFi, believes that value stocks, which have historically lagged behind growth stocks, could see an upswing due to the FTSE Russell’s annual rebalancing event. This shift is
JPMorgan Chase and Morgan Stanley have announced significant increases in both dividend payouts and share repurchases. JPMorgan, the largest U.S. bank by assets, plans to raise its quarterly dividend by 8.7% to $1.25 per share, alongside authorizing a new $30 billion share repurchase program. On the other hand, Morgan Stanley, a key player in wealth