The energy sector has been facing significant challenges in recent months, with the worst performing S&P sector being energy. The sector has experienced a decline over various time periods, such as one-, three-, and six-month periods, year-to-date, and even the past 12 months. EQT, Coterra, APA, Halliburton, Occidental, ExxonMobil, and Chevron have all experienced notable
The property market in Dubai is currently experiencing an unprecedented surge in sales figures and property values, with 2024 shaping up to be another record-breaking year. Local real estate firms are reporting a significant increase in demand for properties, particularly in the luxury segment, which is consequently driving up prices across the city. This surge
As America prepares for the upcoming debate between Vice President Kamala Harris and former President Donald Trump, the focus is on the future of clean energy in the country. With both candidates having different approaches to energy policies, voters are left uncertain about what the future holds for clean energy post-election. Clean energy has seen
JPMorgan Chase experienced a significant drop in share prices, falling 5% after the bank’s president, Daniel Pinto, expressed concerns about the overly optimistic expectations for net interest income (NII) and expenses up to 2025. Pinto stated that while the bank is aiming to achieve the 2024 NII target of $91.5 billion, the current estimate of
The National Football League’s strategic shift towards streaming has proven to be a successful endeavor in broadening its fanbase both in the United States and globally. Hans Schroeder, the NFL’s executive vice president of media distribution, highlighted the league’s commitment to growing its audience through a series of exclusive streaming deals with various media companies.
With the success of the 2024 Olympics and Paralympics in Paris, all eyes are now on the next summer Games in Los Angeles in 2028. Los Angeles Mayor Karen Bass expressed her concerns about the preparations needed for the event. She highlighted the importance of improving public transportation and addressing street homelessness in the city.
“DormTok” has taken social media by storm, showcasing college students’ elaborate dorm room designs. With the stakes of dorm decor seemingly higher than ever, parents are left wondering if they need dorm insurance to protect their child’s belongings. Dorm insurance is a type of personal property insurance designed for college students living on campus. It
Nelson Peltz, the long-standing chair of Wendy’s, has made the decision to step down after a 17-year tenure at the fast-food chain. This change, effective immediately according to Wendy’s, comes at a time when low-income consumers are eating out less, leading to a decline in Wendy’s sales by over 12% this year. The decrease in
For quite some time, economists have been puzzled by the disparity between the strong performance of the economy and the negative feelings people have about their financial situation. Recently, there is evidence to suggest that the era of the “vibecession” may be coming to a close. Michael Pearce, the deputy chief U.S. economist at Oxford
Recent research indicates that the United Kingdom is set to experience a record number of millionaires leaving the country in 2024. The Henley Private Wealth Migration Report predicts a net loss of 9,500 high-net-worth individuals, which is more than double the previous year’s figure. This trend of millionaires emigrating from the UK has been steadily