The world of car payments has undergone significant changes in recent years. With a combination of high prices and interest rates, the average monthly auto loan payment has surged to $760, according to Moody’s Analytics. This marks a substantial increase from the $535 average payment in May 2019. Moreover, a staggering 17% of car owners
Eli Lilly has been experiencing a surge in demand for its weight loss and diabetes treatments over the past year, propelling the company to new heights. However, this success comes with its own set of challenges that need to be addressed to sustain this growth and meet the needs of patients. Anat Ashkenazi, the outgoing
Berkshire Hathaway, a conglomerate led by Warren Buffett, has been gradually reducing its stake in China’s largest electric vehicle maker, BYD. The recent sale of 1.3 million Hong Kong-listed shares for $39.8 million has brought down Berkshire’s holding from 7% to 6.9%. This move signals a shift in the investment strategy of the conglomerate, which
Starboard Value, an activist fund managed by Jeff Smith, has recently acquired a significant stake in Autodesk, a graphics-design firm. This investment is estimated to be worth around $500 million. The fund has engaged in discussions with Autodesk’s board members regarding serious concerns related to the company’s disclosures concerning an internal investigation that led to
When one thinks of Singapore, images of skyscrapers, high-rise buildings, and modern architecture may come to mind. However, hidden among the bustling streets are the historic shophouses that have become a coveted investment for the wealthy and famous. These ornate and colorful colonial-era buildings, some dating back to the 1840s, are part of a government
Over the weekend, Disney and Pixar made a significant impact on the box office with the debut of “Inside Out 2.” The animated film brought in an estimated $155 million domestically, marking the second-highest theatrical opening for an animated film. This success was a refreshing return for Disney, Pixar, and the summer box office, especially
The issue of student loan forgiveness has become increasingly contentious in recent years. The Biden administration’s proposal to cancel student debt has sparked heated debates across the country. Individuals like Arkansas Attorney General Tim Griffin, who took over 30 years to pay off his $100,000 student loan balance, question the fairness of debt cancellation. On
Investing in dividend-paying stocks is often seen as a way to provide stability and enhance returns in a portfolio. Kimberly-Clark, the consumer products giant behind brands like Huggies and Kleenex, is one such dividend pick recommended by top analysts on TipRanks. With a long history of raising dividends for over 50 consecutive years, KMB offers
For investors concerned about concentration risk in the market, value-oriented investments may offer a viable solution. According to Avantis Investors chief investment strategist Phil McInnis, opting for a more diversified approach beyond traditional index funds like the S&P 500 could be advantageous in the long run. By focusing on companies with low valuations and strong
When it comes to managing your finances, it is crucial to stay on top of your tax obligations. The second-quarter estimated tax deadline for 2024 is June 17, and failure to send a payment could result in penalties imposed by the IRS. This deadline is particularly important for individuals who have income sources without withholdings,