As the major party tickets are finalized for the upcoming election, voters are closely examining the candidates’ personal finance policies that could directly impact their wallets. With Vice President Kamala Harris revealing her running mate, Minnesota Governor Tim Walz, and former President Donald Trump selecting Senator JD Vance of Ohio, the stage is set for
In the race to secure clean energy to power artificial intelligence, tech companies are turning to nuclear plants to directly connect data centers. This move has raised concerns among some utilities about the potential impact on the electric grid. Given that data centers now require a gigawatt or more of power in some cases, which
Former President Donald Trump has recently reiterated his plan to eliminate taxes on Social Security benefits for seniors. While this proposal may seem beneficial on the surface, policy experts have raised concerns about the potential impact it could have on the Social Security and Medicare trust funds. Trump’s proposal, if implemented, could potentially deplete these
Stellantis, the automaker, has recently announced plans to indefinitely lay off up to 2,450 U.S. factory workers as it discontinues the production of an older version of its Ram 1500 pickup truck in Michigan. The Ram 1500, which has been a popular choice among entry-level buyers and fleet customers, is being replaced by a newer
Wealthy investors and family offices have been gradually moving away from stocks and towards private markets as a strategic shift in their investment holdings. This trend has been influenced by concerns about an overheated tech sector and a desire for more stability and control over their investments. According to surveys, family offices now have a
A hazardous goods container exploded on a cargo ship at China’s Ningbo port, owned by Taiwanese vessel owner Yang Ming Marine Transport Corp. Luckily, there were no casualties or injuries reported in the incident. The explosion caused a fire on the YM Mobility ship, but it has been contained. All individuals on board were safely
Frustrated with the inconsistency in bounce and durability of pickleballs on the market, Life Time’s CEO Bahram Akradi took matters into his own hands. The upscale fitness and lifestyle company recently unveiled what they are calling “the ultimate pickleball,” set to debut exclusively at their clubs later this month. Akradi saw a problem within the
JPMorgan Chase, the largest U.S. bank by assets, has recently introduced a generative artificial intelligence assistant, known as the LLM Suite, to more than 60,000 of its employees. This initiative marks the beginning of a larger plan to incorporate generative AI technology across the entire organization. Unlike developing its own AI models, JPMorgan opted to
In recent days, the stock market has seen a mix of gains and losses across various companies, indicating a volatile period for investors. E.l.f. Beauty, for instance, experienced a substantial increase in sales, but its stock fell significantly in after-hours trading. Likewise, Paramount Global saw a surge in its streaming division’s performance, yet had to
E.l.f. Beauty has managed to surpass quarterly estimates once again, showcasing a remarkable 50% increase in sales. This significant growth has propelled the company’s sales to $324.5 million in its fiscal first quarter, leading to an upward revision of its full-year guidance. The CEO, Tarang Amin, attributed this growth to the company’s performance across various