In recent years, there has been a noticeable shift in consumer habits in America, with more individuals opting to rent rather than own various goods and services. According to a report by Intuit Credit Karma, factors such as affordability and changing lifestyle preferences have contributed to this growing trend. From cars and apartments to clothing
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As the season of fall foliage and pumpkin spice lattes approaches, so does the idea of a potential “September surge” in the job market. The concept suggests that more job postings become available after Labor Day, following a summer slowdown when job recruiters and hiring managers are typically on vacation. While this theory lacks hard
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Recent research has shed light on the efficacy of automated retirement savings plans, such as 401(k) plans, that have been implemented by many employers. While the idea of auto-enrollment and auto-escalation initially seemed promising, new findings indicate that the long-term impact may not be as significant as previously thought. This research, published by the National
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Dollar General, a discount retailer catering to lower-income customers, faced a significant setback as its shares plummeted by 25% following a revision in its sales and profit forecast for the fiscal year. The company, which predominantly serves rural areas, now anticipates only a 1.0% to 1.6% increase in same-store sales for the year, much lower
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In recent months, the U.S. housing market has experienced a surge in home prices, reaching the highest levels ever recorded on the S&P CoreLogic Case-Shiller U.S. National Home Price Index. Even as mortgage interest rates were on the rise, prices nationally were up by 5.4% compared to the previous year. This record-high index comes at
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During a recent meeting between Chinese President Xi Jinping and U.S. national security advisor Jake Sullivan, President Xi emphasized the importance of finding a way for China and the United States to coexist peacefully. President Xi reiterated China’s commitment to maintaining a stable and healthy relationship with the U.S., despite escalating tensions in recent years.
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MongoDB experienced a significant boost in their shares, climbing by as much as 16% in after-hours trading following the release of their fiscal second-quarter earnings report. The company outperformed expectations, with adjusted earnings per share coming in at 70 cents compared to the anticipated 49 cents. Additionally, MongoDB reported revenue of $478.1 million, exceeding the
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In recent years, the landscape of cannabis consumption has undergone a significant shift, particularly in New York City. The emergence of luxury dispensaries on Fifth Avenue represents a new era where shoppers can indulge in high-end marijuana products alongside renowned fashion and jewelry brands. This development comes in the wake of New York state’s legalization
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