New Balance made headlines on Tuesday with the announcement of a multiyear deal with the WNBA, solidifying its position as an official partner of the league. This partnership will involve collaboration on broadcast, digital, and retail content, with a focus on featuring Los Angeles Sparks’ rookie forward, Cameron Brink. By joining forces with the WNBA,
The recent surge in small-cap stocks has shifted the focus from mega-cap technology shares to these lesser-known companies. This change in leadership within the stock market has been driven by optimism surrounding potential interest rate cuts that could fuel economic recovery and benefit small-cap stocks. The Russell 2000 index, which serves as a benchmark for
Delaware offers housing affordability that is about average, but what sets it apart is the remarkably low property taxes that homeowners have to pay. The effective tax rate is less than half a percent, making it the fourth-lowest in the country. This factor alone contributes to Delaware’s ranking as the 10th state in terms of
Morgan Stanley has reported impressive second-quarter profits and revenue that exceeded analysts’ estimates. The bank’s earnings of $1.82 per share surpassed the expected $1.65 per share by LSEG. Additionally, the revenue of $15.02 billion outperformed the estimated $14.3 billion. The profit of the bank surged by 41% from the previous year to $3.08 billion, or
Recent studies have shown that workplace engagement is on the decline, with only one-third of employees being actively engaged in their work. This trend has been highlighted in a 2023 Gallup poll, which revealed that roughly 50% of employees are not engaged, while another 16% are actively disengaged. This lack of engagement has led to
The announcement of a cut in sales outlook by Hugo Boss had a significant impact on the company’s shares, causing them to plunge by as much as 10% in a single day. This sudden drop in share prices reflects the market’s reaction to the company’s revised forecast, which indicated a decrease in full-year sales compared
The Social Security Administration is in the process of updating its online services, and it is crucial for account holders to take action to ensure continued access. If you created your online “my Social Security” account before Sept. 18, 2021, it is particularly important for you to log in and make the necessary updates. Account
Bank of America recently announced their second-quarter results, revealing that both revenue and profit exceeded expectations. The earnings per share came in at 83 cents, compared to the estimated 80 cents, while revenue reached $25.54 billion, beating the $25.22 billion estimate. Despite a 6.9% decrease in profit from the previous year, the company managed to
Transparency in financial reporting is crucial for maintaining trust and confidence in the business world. Failure to accurately disclose financial information can lead to serious consequences, both legally and financially. The recent case of Deutsche Bank’s incorrect disclosure of deferred tax assets serves as a stark reminder of the importance of adhering to international accounting
General Motors is facing challenges in achieving its goal of producing 1 million all-electric vehicles in North America by the end of 2025. CEO Mary Barra’s recent comments have cast doubt on the feasibility of this target, citing slow market development for electric vehicles as a key factor. Despite setting ambitious targets for electric vehicle