In today’s financial landscape, investor demand for exchange-traded funds (ETFs) continues to grow at a rapid pace. Firms that do not offer ETF products to their clients may find themselves at risk of losing business, according to industry experts. One such expert, Steve Sachs, the global chief operating officer of Goldman’s ETF Accelerator, highlights the
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Two directors at Warner Bros. Discovery, Steven Miron and Steven Newhouse, have resigned from their positions following an investigation by the U.S. Department of Justice into a potential antitrust violation. The company announced on Monday that Miron and Newhouse, who were appointed as directors in April 2022 as part of the merger between WarnerMedia and
The Powerball jackpot has reached an astounding $1 billion, making it the fifth-largest prize in the history of the game. If you’re lucky enough to win this grand prize by matching all six numbers, you will have two payout options to choose from: a lump sum of $483.8 million or annuitized payments totaling $1 billion.
The recent announcement of Macy’s plan to close around 150 stores has caused a stir in the retail industry. While the department store has not yet shut these locations, its decision to shrink its footprint presents a significant opportunity for its retail competitors to capitalize on the void created by these closures. Retail giants like
In light of the current challenges surrounding financial aid, colleges like Vanderbilt University and Dartmouth are implementing new strategies to make higher education more accessible. Vanderbilt University has expanded its Opportunity Vanderbilt program to offer full-tuition scholarships to students from families with an annual income of $150,000 or less. Similarly, Dartmouth has increased its income
Many Americans have a negative connotation associated with budgeting. According to experts, the word “budgeting” can elicit cringes and feelings of overwhelm among the average consumer. Despite the fact that 68% of consumers acknowledge that a budget could help them reach their personal and family goals, a significant 40% admit to never having had a
United Airlines is facing challenges due to late-arriving aircraft from Boeing, leading the airline to ask pilots to take unpaid time off next month. This issue is not unique to United, as other airlines have also been affected by Boeing’s production problems and safety crisis. The reduction in Boeing deliveries has significantly impacted United’s forecast
The Federal Reserve is facing new pressure in the second quarter to consider deeper rate cuts this year. According to Canaccord Genuity’s Tony Dwyer, the deteriorating jobs market and easing inflation will play a significant role in urging the Fed to take action. Dwyer believes that while the Fed may not need to go back
The first top stock pick for 2024 is Micron Technology (MU), a memory chipmaker that has shown impressive performance in the first quarter. Analysts are bullish on MU stock due to the company’s strong quarterly results and solid guidance for the upcoming year. Needham analyst Quinn Bolton reiterated a buy rating on MU stock and
The act of tipping, once a gesture of appreciation, has now transformed into a source of annoyance for many consumers in the post-pandemic era. There has been a rapid rise in tipping culture, leading to more opportunities to tip for a wider range of services, which is also known as “tip creep.” Recent surveys have