In an attempt to make luxury vacation home ownership more accessible to a wider audience, Pacaso has expanded its business model to include homes with share prices starting as low as $200,000. This is a significant shift from their initial offerings of multimillion-dollar homes. By allowing individuals to purchase shares of vacation homes, generally in
McDonald’s has recently announced plans to introduce Krispy Kreme doughnuts in its restaurants nationwide by the end of 2026. This move comes as part of a strategic partnership between the two chains, with the rollout expected to begin in the second half of this year. The partnership will see Krispy Kreme expand its distribution network
Recently, Democratic lawmakers, including Sen. Elizabeth Warren and Sen. Ron Wyden, raised concerns about the potential reduction in Social Security benefits for millions of older adults who are behind on their student loans. According to the lawmakers, when borrowers are in collections, their Social Security benefits could be reduced by an average of $2,500 annually.
Trian Fund Management, led by Nelson Peltz, has taken a controversial stance in the proxy battle against Walt Disney by withholding its votes from CEO Bob Iger. This decision goes against Trian’s own proxy recommendations and contradicts Peltz’s public statements about wanting to collaborate with management if he were to be elected to the Disney
The Mega Millions jackpot, which reached an astounding $1.1 billion, poses significant financial challenges for potential winners. While the grand prize is not as high as last year’s record $1.6 billion, winners still need to navigate through various obstacles to secure their winnings. With two payout options available – a lump sum of $525.8 million
The latest analysis on the housing market reveals a slowing down in the rate at which home prices are growing. In February, U.S. home prices increased by 0.6%, aligning with the average monthly gain over the past eight years leading up to the onset of the Covid-19 pandemic. This phenomenon, as stated by Daryl Fairweather,
Boeing, the embattled aerospace giant, is undergoing a major management shake-up as CEO Dave Calhoun has announced his plans to step down at the end of 2024. This decision comes amidst increasing pressure from airlines and regulators for significant changes at the company following a string of quality and manufacturing flaws on Boeing planes. In
The recent news of Binance executives facing tax evasion charges in Nigeria has sent shockwaves throughout the cryptocurrency industry. The Nigerian government has accused the global cryptocurrency exchange of several counts of tax evasion, including alleged non-payment of VAT and company income tax, failure to submit tax returns, and complicity in aiding customers to evade
The International Monetary Fund’s Managing Director, Kristalina Georgieva, painted a grim picture for China at the China Development Forum in Beijing. She stated that China is currently at a crossroads, faced with the decision to either stick to its old economic policies or implement reforms to stimulate growth. The IMF believes that with a comprehensive
The private equity market in Asia Pacific witnessed a significant decline in total deal value last year, dropping to its lowest level since 2014. This decrease can be attributed to various factors such as slowing growth, high interest rates, and volatile public markets. According to Bain & Company’s 2024 Asia-Pacific Private Equity Report, fundraising also