When it comes to traditional Detroit automakers, General Motors (GM) is expected to take the lead in the second quarter of the year. Despite challenges faced by the industry, GM is projected to report a solid $2.75 per share profit, representing a 44.2% increase from the previous year. With revenue expected to reach $45.46 billion,
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The first stock pick recommended by Wall Street analysts is membership-only warehouse chain Costco Wholesale (COST). The company recently announced an increase in its membership fee, with the annual fee for its “Gold Star” membership rising to $65 and the fee for the “Executive Membership” increasing to $130. Jefferies analyst Corey Tarlowe reiterated a buy
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As former President Donald Trump secures the Republican presidential nomination, both political parties are eyeing Project 2025, a multi-pronged policy plan created by conservative think tank The Heritage Foundation as a collective effort with more than 100 other right-leaning organizations. The plan, outlined in the roughly 900-page “Mandate for Leadership,” calls for sweeping changes to
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In 2023, the global population of individuals worth $30 million or more saw a significant 8% increase, as reported by Altrata’s World Ultra Wealth Report 2024. The total number of ultra-high-net worth individuals now stands at 426,330, with their collective wealth soaring to $49 trillion, driven largely by a year-end stock rally. The United States
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Michelle Mack, the mastermind behind a nationwide organized retail crime operation that targeted beauty stores like Ulta and Sephora, has finally been handed a delayed sentence of five years and four months. Based in Bonsall, California, Mack oversaw a network of thieves who stole millions in merchandise from major retailers. The operation was run from
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