The second half of the year may bring a bullish move for both value and growth stocks. According to VettaFi’s Todd Rosenbluth, value stocks, which have previously been market laggards, could see an uptick in performance due to the FTSE Russell’s annual rebalancing. While growth stocks have been outperforming value stocks for quite some time,
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The U.S. Track & Field Olympic Trials have become the stage for a different kind of athlete this year – the unsponsored athlete. With a striking all-black, logo-less uniform, 35 athletes are part of Bandit Running’s Unsponsored Project, challenging the traditional sponsorship model for professional athletes. Instead of relying on major brands for endorsement, these
Recent developments in the U.S. legal system have cast a shadow of uncertainty over the future of wealth tax proposals targeting the ultra-rich. The Supreme Court’s ruling in Moore v. United States, which blocked a challenge to the “mandatory repatriation tax,” has raised concerns among experts regarding the feasibility of such tax measures. The case,
As the summer months approach, many people begin planning for their vacations. However, a concerning trend has emerged where more and more Americans are going into debt in order to fund their summer travel plans. According to a recent survey from Bankrate, 36% of Americans intend to take on debt to cover their vacation expenses.
As the Summer Fancy Food Show showcased, honey is emerging as a key flavor in the food and beverage industry. With its health benefits and versatility, honey is being incorporated into a wide range of products. From honey soda to honey spreads and even honey-flavored licorice, this natural sweetener is seeing a resurgence in popularity.
NASA and Boeing recently announced the further extension of the first Starliner crewed flight, with the capsule named “Calypso” remaining at the International Space Station into next month. This decision comes as the organizations are conducting new testing back on the ground to gather more data about the spacecraft’s performance. The crewed flight test, which
JPMorgan Chase and Morgan Stanley have both made significant announcements regarding their dividend payouts and share repurchases. JPMorgan, as the largest U.S. bank by assets, has decided to raise its quarterly dividend by 8.7% to $1.25 per share. In addition, the company has authorized a new $30 billion share repurchase program. Meanwhile, Morgan Stanley, a
The Federal marketplace has been a source of affordable health insurance for many individuals through the premium tax credit. However, without action from Congress, premiums could increase significantly after 2025. Gideon Lukens, from the Center on Budget and Policy Priorities, warns that if the benefits of the credit expire after 2025, virtually everyone will face
The CEO of Nike, John Donahoe, is currently facing a crisis of confidence on Wall Street. After delivering a lackluster fiscal year, Nike announced that sales in the current quarter were projected to decline by 10%. This dismal outlook was far worse than the 3.2% drop that LSEG had anticipated. With the slowest annual sales
Renowned investor Warren Buffett recently made headlines with his largest ever annual donation amounting to a staggering $5.3 billion in Berkshire Hathaway shares to five different charities. This act of philanthropy showcases Buffett’s commitment to giving back and making a positive impact on society. Among the beneficiaries of Buffett’s generous donation are the Bill &