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.
Fathom Events, a joint venture between AMC, Regal, and Cinemark, has defied the odds by posting record revenue gains at a time when the box office is struggling for content. This innovative company has been a beacon of hope for cinemas by bringing alternative content to the big screen, including classic Hollywood titles, live theater
When it comes to planning for retirement, most individuals focus on the typical factors such as savings rate and total nest egg. However, one crucial element that often gets overlooked is life expectancy. The question of how long you will live impacts how much money you need to set aside for your retirement. Unfortunately, predicting
Investors seeking to add dividend-paying stocks to their portfolio may want to consider companies with a proven track record of consistent payments and robust financials. Darden Restaurants (DRI) is one such company that stands out as an attractive option in this regard. The company, which operates popular brands like Olive Garden, LongHorn Steakhouse, and Yard
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,
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.