Former President Donald Trump and Vice President Kamala Harris have unveiled their economic agendas, both calling for tax changes that could impact millions of Americans. The Tax Cuts and Jobs Act (TCJA) enacted by Trump includes provisions such as lower federal income tax brackets, a higher standard deduction, a bigger child tax credit, and more
In the wake of the Bank of England’s first interest rate cut in four years, Britain’s biggest high street lenders have been aggressively reducing their borrowing costs. Lenders such as Barclays, Halifax, HSBC, and NatWest are now offering five-year fixed rate mortgages at rates below the BOE’s current key rate of 5%. This move has
Alaska Airlines recently announced that its plan to acquire Hawaiian Airlines has successfully cleared the U.S. Justice Department. This news comes after the antitrust regulators completed their investigation of the deal without filing a lawsuit to block the acquisition. The $1.9 billion agreement between the two carriers was announced eight months ago, marking a significant
Boeing recently made an announcement that it has decided to halt flight tests for its 777X planes due to the detection of damage in a structure of one of the wide-body aircraft. The damage was found in a custom part located between the engine and the airplane structure during routine maintenance. This prompted the company
Bernard Arnault, founder and CEO of LVMH and the world’s fourth-richest person with a net worth of $184 billion, is making waves in the tech industry. Through his tech-focused venture firm and family office, Aglaé Ventures, Arnault has made significant investments in artificial intelligence (AI) companies. These investments, totaling more than $300 million, have caught
After carefully considering the current market conditions and Estee Lauder’s recent financial performance, it has become evident that our position in Estee Lauder may not be as strong as we initially thought. The company’s disappointing fiscal 2025 guidance indicates ongoing challenges in the prestige beauty market, particularly in regions such as China and North America.
The recent revelation by Gilead Sciences regarding a dangerous drug-counterfeiting operation has shed light on the alarming issue of tampering with HIV medications. The scheme, masterminded by Peter Khaim, a twice-convicted medical fraudster, operated out of two New York City pharmacies and involved the improper resale of Gilead medications. This revelation has raised concerns about
In a time when the market is experiencing increased volatility, investors may be looking for ways to protect their investments. One strategy that is gaining attention is the use of buffer exchange-traded funds (ETFs). These buffer ETFs offer a level of downside protection while still allowing investors to participate in the market’s potential upside. According
One of the top picks by leading Wall Street analysts is project management software provider Monday.com (MNDY). The company’s strong demand from large customers led to an impressive second-quarter performance and an upgraded full-year outlook. Notably, the company saw a 49% increase in paid customers with more than $100,000 in annual recurring revenue (ARR). Analysts
Starbucks, a once-beloved coffee chain, is now struggling to keep up with the demands of mobile orders, leaving frustrated customers and overwhelmed baristas in its wake. The incoming CEO, Brian Niccol, faces the daunting task of turning around the struggling giant, with operational issues at the forefront. Investors and executives have highlighted the challenges faced