Nikita Rao, a 43-year-old mother from Bethesda, Maryland, recently embarked on a family vacation that revolved around one key event: Taylor Swift’s concert in Amsterdam. Rao, along with her husband and two children, decided to plan a weeklong itinerary that included a visit to London before heading to the Netherlands for the concert. The anticipation
The real estate landscape in Manhattan is experiencing a significant shift as prices of apartments fall and inventory levels rise. Reports indicate that the average real estate sales price in Manhattan has dropped by 3% to slightly over $2 million. Additionally, the median price has also seen a 2% decrease to $1.2 million. Luxury apartment
The U.S. Department of the Treasury and IRS have recently released final tax reporting rules for digital asset brokers, bringing about significant changes in the crypto landscape. These rules will require mandatory yearly reporting, which is set to phase in starting in 2026. Digital currency brokers will be mandated to cover gross proceeds from sales
The unemployment rate has remained below 4% for a record-breaking 30 months, but not everyone looking for a job has been able to secure employment. There is a group known as NEETs, which stands for “not in employment, education, or training,” who are choosing to opt out of the labor force due to discouragement from
The Biden administration’s student loan relief plan, known as the Saving on a Valuable Education (SAVE) plan, faced a legal challenge that resulted in a temporary block last week. However, in a recent ruling, the 10th Circuit U.S. Court of Appeals granted the administration’s request to resume a key provision of the plan as the
In recent years, the U.S. stock market has seen a significant increase in concentration, with just a handful of companies dominating the market. This growing trend has raised concerns among experts about the potential risks it poses to investors. For instance, the top 10 stocks in the S&P 500 accounted for 27% of the index
Chewy, the popular pet food e-commerce retailer, experienced a surge in its stock price after it was revealed that meme stock trader “Roaring Kitty,” also known as Keith Gill, had acquired just over 9 million shares of the company, representing a 6.6% stake. This investment positioned him as the third-largest shareholder of Chewy, with his
Boeing recently announced its plans to acquire fuselage maker Spirit AeroSystems in an all-stock deal. The agreement, valued at $8.3 billion, is expected to enhance safety and quality control within the aerospace company. This move comes after a series of incidents, including a fuselage panel blowout on a Boeing 737 Max 9 flight, which resulted
Millennials are on the cusp of becoming the wealthiest generation in history, with a staggering $90 trillion wealth transfer expected to take place over the next two decades. This transfer of assets from the silent generation and baby boomers to millennials will undoubtedly make them the “richest generation in history,” as estimated by global real
Disney and Pixar’s “Inside Out 2” has reached a significant milestone by joining the billion-dollar club. This animated feature film has managed to generate an impressive $1.014 billion in global box office revenue as of the latest reports. Surpassing all other films in 2024, “Inside Out 2” has become the highest-grossing movie of the year.