With the semiconductor industry experiencing a surge in demand and increased funding from governmental acts like the CHIPS and Science Act, the competition for skilled workers has intensified. Studies suggest that by 2030, the U.S. chips industry could be facing a shortage of 67,000 technicians, computer scientists, and engineers, with the broader U.S. economy potentially
Young, wealthy investors are reshaping the traditional investment landscape by moving away from the conventional mix of stocks and bonds. According to recent research conducted by Bank of America, individuals between the ages of 21 and 43 with a minimum of $3 million in investable assets are showing a strong preference for alternative investments. These
The Internal Revenue Service (IRS) is facing a significant challenge with a pileup of tax identity theft cases, with roughly 500,000 unresolved cases reported as of April. This number has increased from 484,000 cases in September, indicating a growing backlog of unresolved cases. Identity theft victims have been waiting for more than 22 months for
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
In today’s digital age, social media has completely transformed the way we approach vacationing. Platforms like Instagram, Facebook, and TikTok inspire us to seek out picturesque destinations, trendy attractions, and photogenic experiences. A survey conducted by Forbes Advisor revealed that a significant number of Gen Zers and millennials choose their travel destinations based on what
As portrayed in the movie “Thelma,” the elderly are particularly vulnerable to scams that prey on their emotions and ability to make quick decisions. The story of Thelma Post, a 93-year-old grandmother who almost fell victim to a family emergency scam, sheds light on the increasing threat of imposter fraud in today’s society. The ease
Samsung Electronics, a South Korean tech giant, made headlines recently as it announced better-than-expected profits for the second quarter of the year. The company’s stock price soared to its highest level since January 2021, climbing as much as 2.24% in a single day. This surge in profit was primarily attributed to the explosive demand for
The acquisition of Neiman Marcus Group by HBC, the parent company of Saks Fifth Avenue, for $2.65 billion has been announced. This merger will bring together two iconic luxury retailers and create Saks Global, which will encompass Saks Fifth Avenue, Saks OFF 5TH, Neiman Marcus, and Bergdorf Goodman. The CEO of HBC, Richard Baker, expressed
The landscape of sports ownership is evolving, especially in women’s soccer, as private equity firms are now taking a significant interest in major leagues. While leagues like MLS, NBA, MLB, and NHL have allowed passive investment from private equity investors, the National Women’s Soccer League (NWSL) stands out by permitting these firms to take majority
In a surprising turn of events, Patrick Bertoletti emerged victorious in this year’s Nathan’s Hot Dog Eating Contest, dethroning the long-reigning champion, Joey Chestnut. Bertoletti, a 39-year-old competitor from Illinois, devoured an impressive 58 hot dogs in a mere 10-minute time span, clinching the prestigious Mustard Yellow Belt in the men’s category. On the women’s