As of May, the average car payment in the United States stands at a steep $760 per month, marking a significant increase from the $535 average seen just a few years ago. This surge can be attributed to a combination of high vehicle prices and soaring interest rates. Despite a slight decrease from the peak
The demand for weight loss and diabetes treatments has reached unprecedented levels, leading to the immense success of Eli Lilly in the past year. Anat Ashkenazi, the outgoing Chief Financial Officer, has played a vital role in managing the surge in revenue and investor optimism resulting from the popularity of Eli Lilly’s diabetes injection, Mounjaro,
Singapore, known for its modern skyline and luxurious living spaces, holds a hidden gem in the form of colonial-era shophouses. These colorful and ornate buildings, situated in the older neighborhoods of the city-state, have caught the eye of investors, including some of the rich and famous. The exclusivity of these two- or three-story shophouses, often
Starboard Value, the activist fund led by Jeff Smith, recently acquired a significant stake in graphics-design firm Autodesk. The fund has engaged in discussions with the company’s board regarding various serious concerns related to its disclosures concerning an internal investigation that ultimately led to the removal of its CFO. The internal investigation carried out by
Disney and Pixar have once again proven their dominance in the box office with the release of “Inside Out 2.” The film made a significant impact by raking in an estimated $155 million domestically during its opening weekend, marking it as the second-highest theatrical debut for an animated film. After the pandemic restrictions eased and
Arkansas Attorney General Tim Griffin’s story highlights the struggles many individuals face when it comes to paying off their student loans. It took him nearly three decades to settle his $100,000 debt. Despite his own challenges, Griffin questions the idea of forgiving student loans, emphasizing the concept of personal responsibility and fairness. The issue of
As investors continue to navigate the current market landscape, concerns around concentration risk have been at the forefront. In such times, looking beyond traditional index funds like the S&P 500 could be the key to achieving better returns in the long run. According to Phil McInnis, the chief investment strategist at Avantis Investors, a more
Generation Z, born between 1997 and 2012, is making waves in the world of investing by starting at an average age of 19. This group’s early start is significantly younger compared to other generations, such as baby boomers who began investing at 35 and millennials at 25. According to Rob Williams, a certified financial planner,
Adobe shares experienced a significant surge of 15% following the release of their quarterly earnings report, marking the largest gain since March 2020. The software giant surpassed analysts’ expectations with adjusted earnings per share of $4.48, exceeding the consensus estimate of $4.39 per share. Additionally, Adobe reported a 10% increase in revenue compared to the
Boeing’s Starliner capsule, named “Calypso,” is set to stay at the International Space Station for twice as long as originally planned according to NASA. The mission, known as Boeing’s crew flight test, is currently underway as the company and NASA conduct various tests on Starliner while it is docked with the ISS. Initially scheduled to