SpaceX, under the leadership of Elon Musk, has achieved another significant milestone in the field of satellite communication. The company recently announced that it successfully sent text messages via its Starlink satellites using T-Mobile’s network. This breakthrough test is part of SpaceX’s ongoing efforts to bring its direct-to-device (D2D) cell service to the market in
As people age 50 and older approach retirement, it is crucial for them to carefully plan their financial future. Surprisingly, a recent survey from AARP reveals that 62% of individuals in this age group have not sought the assistance of a professional to help them plan for their golden years. This article aims to explore
Mortgage rates had a slight increase last week for the second consecutive week, although they still remain at a level that is preferred by consumers. Despite this, there was a significant rise in total mortgage application volume compared to the previous week. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances
The year 2023 proved to be a challenging one for the fintech industry, as global investment plummeted by 48%. According to data from Innovate Finance, a financial technology industry body, investments in fintechs amounted to $51.2 billion, a significant decrease from the $99 billion invested in 2022. This decline can be attributed to higher interest
The Maldives, a renowned tourist destination, is currently facing a significant decline in tourism revenue due to social media posts by Maldivian officials. These posts have led to calls from Indian travelers to boycott the island nation, resulting in a 40% drop in bookings over the past two days. Ankit Chaturvedi, the Vice President and
Boeing CEO Dave Calhoun openly admitted, “our mistake,” following a terrifying incident aboard an Alaska Airlines flight involving a door plug on a Boeing 737 Max 9. The incident escalated to an alarming level when the plug blew out mid-flight, resulting in a gaping hole in the fuselage. This occurrence led to the grounding of
In a stunning turn of events, Shohei Ohtani, the Japanese pitcher, recently signed a remarkable $700 million contract with Major League Baseball’s Los Angeles Dodgers. However, the eye-popping aspect of this deal is the deferral of $680 million over a span of 10 years. As anticipated, this colossal contract has ignited discussions on the future
The housing market continues to experience a rapid surge in home prices, with each passing month bringing even higher price tags. This upward trend has been fueled by a notable decline in mortgage rates. According to a recent report from analytics firm CoreLogic, national home prices jumped by 5.2% in November compared to the same
Throughout the past several years, a newfound optimism has surrounded the development of weight loss drugs designed to help individuals shed unwanted pounds. However, a recent poll conducted by Deutsche Bank sheds light on the hurdles that patients face when they discontinue treatment. The survey found that individuals who ceased taking GLP-1 medications such as
Saving for retirement is a crucial financial goal that everyone should prioritize. With the higher 401(k) contribution limits for 2024, individuals have the opportunity to maximize their retirement savings. However, it is essential to carefully analyze the factors involved before making the decision to max out your 401(k) plan. This article explores various aspects to