The market dominance of Big Tech companies has raised concerns among investors, leading them to consider alternative investment options. VettaFi’s Todd Rosenbluth suggests that the concentration of money in a few stocks within broader ETFs, such as those tied to the S&P 500 or the Nasdaq 100, is making investors uneasy. As a result, many
A group of renters in the U.S. has come forward, claiming that their landlords are utilizing software to impose inflated rent hikes. According to tenants at Portside Towers in New Jersey, which was purchased by Equity Residential in 2019, the management started significantly increasing prices after providing concessions during the COVID-19 pandemic. Allegedly, the software
When it comes to investment advice, seeking guidance from successful individuals is always a wise choice. That’s exactly what Shaquille O’Neal did when he decided to invest in Campus, a thriving online community college startup. O’Neal, a former NBA player with an estimated net worth of over $400 million, turned to none other than Jeff
As we age, there’s truly no place like home. According to AARP, a staggering 77% of adults aged 50 and above aspire to stay in their homes for the long term. However, many individuals are postponing the necessary improvements and upgrades to their homes that would enable them to age in place comfortably. It is
Every year, millions of Americans diligently file their tax returns, but what many of them might not realize is that they are missing out on a valuable credit. The Internal Revenue Service (IRS) reports that in 2022, approximately 23 million taxpayers received a total of $57 billion from the earned income tax credit (EITC), a
Chevron, the second-largest U.S. oil company, reported a significant decrease in its fourth-quarter profit compared to the previous year. The decline was attributed to impairment charges. However, despite the challenging financial results, Chevron managed to achieve a record cash return to its shareholders in 2023. The company returned a total of $26.3 billion to investors
Superdry, the British fashion retailer, experienced a surge of more than 100% in its shares on Friday, following the confirmation that its co-founder and CEO, Julian Dunkerton, is considering taking the company private. This announcement comes amidst a recent slump in sales and a decline in share prices, leading to speculation that Superdry may become
The job market may appear robust on paper, with data showing that U.S. employers added 2.7 million people to their payrolls in 2023 and unemployment hitting a 54-year low at 3.4% in January. However, active job seekers are facing a different reality. Despite the positive numbers, finding a job has become increasingly challenging for many,
Rent prices in certain areas have seen a slight decrease, but the relief is not coming fast enough for tenants who are grappling to make their monthly rent payments. According to a recent report by the Joint Center for Housing Studies of Harvard University, half of all renters in the U.S. spent more than 30%
Bristol Myers Squibb, one of the world’s largest pharmaceutical companies, reported better-than-expected earnings and revenue for the fourth quarter. The company’s portfolio of new drugs drove strong sales growth, contributing to its impressive performance. Bristol Myers Squibb exceeded Wall Street’s expectations for both earnings per share and revenue. The company reported adjusted earnings per share