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
China is currently in discussions with the European Union regarding the planned tariffs for imported Chinese electric cars. The European Commission had previously stated that if talks did not progress favorably, additional duties on imported Chinese EVs would be implemented on July 4th. The Ministry of Commerce in China expressed their desire to come to
The market for initial public offerings in Hong Kong is expected to see significant improvements over the next five years, especially starting in the second half of this year, according to George Chan, global IPO leader at EY. Despite facing challenges such as high U.S. interest rates, regulatory scrutiny, slower economic growth, and U.S.-China tensions
In recent years, cybercriminals have been increasingly targeting wealthier individuals by exploiting their emotions through what is known as romance scams. These scams involve building a relationship with the victim, gaining their trust, and then persuading them to provide access to their financial accounts or even transfer money directly to the criminal. According to Tracy
The American Reshoring ETF (RSHO) is not just another exchange-traded fund; it is a bet on the potential resurgence of U.S. manufacturing jobs. With a focus on industrials, the CEO and founder of Tema ETFs, Maurits Pot, believes that the trend of reshoring and job creation is just beginning. The ETF was launched in May