As President Joe Biden exits the election scene, all eyes are on Vice President Kamala Harris, who is now the frontrunner for the Democratic nomination. While Harris has not yet provided a detailed outline of her economic agenda, experts predict that her tax policy proposals may mirror Biden’s stance on higher taxes for the wealthy
Berkshire Hathaway made a surprising move recently by trimming its massive Bank of America holding for the first time in over four years. This decision came after the bank’s strong performance in 2024. Warren Buffett’s conglomerate sold 33.9 million shares of Bank of America in separate transactions, totaling almost $1.5 billion. The average selling price
McDonald’s decision to extend its $5 value meal promotion beyond the initial four weeks in most of its U.S. markets has proven to be a successful strategy. According to a memo obtained by CNBC, 93% of McDonald’s restaurants have voted to extend the promotion past its original end date. The majority of locations will continue
Ryanair, a leading budget airline, faced a significant setback as its quarterly profit after tax plummeted by 46% compared to the same period last year. The company reported a profit of 360 million euros in the three months ending in June, a stark decline from 663 million euros in the previous year. This decline was
As Gen Xers start to hit age milestones that grant them penalty-free access to certain retirement funds, it is crucial for them to weigh the pros and cons of tapping into these accounts. With the eldest members of this generation turning 59 this year, they are now able to withdraw money from their IRAs and
When it comes to traditional Detroit automakers, General Motors seems to be the one standing out among the rest. With stable sales and vehicle prices in the first half of the year, GM is expected to report a solid adjusted profit for the second quarter. Wall Street analysts estimate that GM will report earnings of
As the world faces various challenges in today’s socioeconomic landscape, pop music continues to serve as a reflection of the collective sentiments and emotions of society. While data may suggest a positive economic outlook with expanding economies and low unemployment rates, recent hits in pop music paint a different picture. Artists like Taylor Swift and
The first stock favored by top Wall Street analysts is Costco Wholesale (COST), a membership-only warehouse chain that recently announced an increase in its membership fees. Despite the challenging macro environment, Jefferies analyst Corey Tarlowe reiterated a buy rating on COST stock and raised the price target to $1,050 from $860. Tarlowe believes that the
The recent influx of money into small-cap stocks has sparked discussions about investor behavior and market trends. ETF journalist, Dave Nadig, believes that investors are not necessarily shifting from winning growth trades to small caps, but rather are engaging in a diversification trade. According to Nadig, the increased flows into small caps, as well as
The gaming world is buzzing with excitement as Electronic Arts gears up to launch its highly anticipated EA Sports College Football 25. Gamers, both old and new, are eager to experience the revamped version of the beloved college football game. The game’s upgraded features and improved gameplay have fans on the edge of their seats,