Recent graduates entering the job market this year are facing a different landscape compared to previous years. With employers planning to hire about 5.8% fewer new college graduates than they did in the past, according to a report from the National Association of Colleges and Employers, the competition for job opportunities has intensified. Industries such
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GameStop shares surged more than 80% in a single day, fueled by the return of “Roaring Kitty,” the man behind the epic short squeeze of 2021. Keith Gill, also known as DeepF——Value on Reddit, made a dramatic entrance back into the online scene after a three-year absence. His reappearance sparked a frenzy among day traders,
SoftBank, the Japanese conglomerate, reported a significant gain of 724.3 billion Japanese yen ($4.6 billion) on its Vision Fund in the fiscal year that ended in March. This marked the first time since 2021 that the flagship tech investment arm was in the black, with the Vision Fund segment posting a profit of 128.2 billion
In the world of investing, it can be challenging to navigate the intricacies of the stock market, especially when faced with uncertainty and volatility. However, adopting a long-term mindset and following the recommendations of top Wall Street analysts can help investors make informed decisions for their portfolios. One such recommendation comes from Deutsche Bank analyst
Recent reports have shown a decline in the number of homeowners undertaking remodeling projects. This decrease in activity is reflected in key indicators such as the Leading Indicator of Remodeling Activity (LIRA) and the NAHB/Westlake Royal Remodeling Market Index (RMI). While the LIRA peaked at 17.3% in the third quarter of 2022, it has been
Cooking on a budget has become a necessity for many Americans as the cost of living continues to rise. Jenn Lueke, a recipe developer based in Boston, has taken on the challenge of showing people how to eat well without breaking the bank. With prices increasing in every area, Lueke’s mission is to empower individuals
Over the weekend of the annual Berkshire Hathaway meeting in Omaha, guests at the Omaha Marriott were greeted by a stunning 24-inch tall bronze bust sculpture of the late Charlie Munger. This sculpture, created by artist Yu Shu, became a focal point of conversation among attendees, especially Berkshire shareholders. Placed prominently in the hotel lobby,
In a recent interview on CNBC’s “ETF Edge,” Horizon Kinetics’ portfolio manager, James Davolos, expressed his confidence in the firm’s Inflation Beneficiaries ETF (INFL), even in the face of potential Federal Reserve rate cuts. Davolos believes that the fund is well-positioned for the mature phase of inflation, with expectations of inflation levels ranging from three
Connecticut has been making strides in improving access to higher education through various initiatives aimed at reducing the debt burden and increasing college affordability. While these efforts have gone somewhat unnoticed, the state has rolled out programs that offer pathways to college and aim to narrow the wealth gap that has plagued Connecticut for years.
The restaurant industry has been facing a slowdown in sales and traffic, with many eateries experiencing a decline in customer spending. However, some chains like Chipotle Mexican Grill, Wingstop, and Sweetgreen have managed to report strong sales this quarter, largely due to the support of high-income consumers. Compared to lower-income brackets, high-income consumers have not