President Joe Biden is set to unveil a far-reaching student loan forgiveness plan that has the potential to benefit millions of Americans. The revamped aid package is expected to be disclosed during an event in Madison, Wisconsin. Following the Supreme Court’s rejection of his initial attempt to eliminate up to $20,000 in student debt per
The CEO of blockchain startup Ripple, Brad Garlinghouse, is highly optimistic about the future of the cryptocurrency market. He believes that the combined market capitalization of the cryptocurrency market will surpass $5 trillion within this year. Garlinghouse cited several macro factors that contribute to his positive outlook, such as the approval of the first U.S.
Investors looking for stable dividend-paying stocks may find OneMain Holdings (OMF) an attractive option. This financial services company focused on non-prime customers offers an 8.1% dividend yield, which is quite appealing in today’s market. In addition to regular dividends, OneMain also engages in share repurchases to boost shareholder returns. RBC Capital analyst Kenneth Lee recently
The “silver tsunami” phenomenon is looming large, with a substantial number of Americans reaching the age of 65 every day. This phase, termed as “peak 65,” brings with it a myriad of challenges, especially in terms of financial planning and decision-making. As the traditional three-legged stool of retirement planning erodes, individuals are left to navigate
In the increasingly crowded ETF market, there is a new player trying to make its mark in the municipal funds space. The IR+M Tax-Aware Short Duration ETF (TAXX) was launched less than a month ago by BondBloxx’s Joanna Gallegos. According to Gallegos, the focus of this new ETF is to highlight the importance of looking
As the tax deadline looms closer, more and more individuals are turning to AI-powered chatbots for assistance with filing their tax returns. While the convenience and accessibility of these chatbots may seem appealing, experts are warning filers to exercise caution when relying on generative AI for tax advice. According to recent surveys, a significant percentage
As Gatorade approaches its 60th anniversary, it remains a top contender in the sports drink market. With a long-standing history since its inception in 1965, Gatorade has held a dominant position, accounting for 63.5% of the U.S. sports drink market in 2023. Its owner, PepsiCo, has seen rivals like Coca-Cola introduce brands such as Powerade
Twilio, a renowned software and communications solutions company, has attracted the attention of activist investors like Sachem Head. This investment firm, founded by Scott Ferguson, has a history of solid value investing but truly found its activist stride in 2020 through its successful investment in Olin. The recent collaboration between Sachem Head and Twilio, resulting
The Biden administration is set to introduce a new student loan forgiveness proposal that could potentially benefit millions of Americans. While this plan may not be as extensive as the previous one that was blocked by the Supreme Court, it still has the potential to forgive the student debt of up to 10 million borrowers.
Artificial intelligence has revolutionized the field of weather forecasting, with recent advancements in generative AI promising to make predictions more accurate than ever before. Companies like Spire Global are leveraging these breakthroughs in AI technology to enhance their forecasting models and provide valuable insights to their customers. AI has played a key role in weather