Buying a newly constructed home can be an exciting yet financially daunting experience. The median sale price for new construction in the U.S. was $400,500 in February, according to the U.S. Census Bureau and the Department of Housing and Urban Development. However, the final cost of a newly built house is influenced by various factors,
In a groundbreaking operation, international police forces managed to infiltrate a massive fraud website known as LabHost, which served as a hub for thousands of criminals looking to deceive unsuspecting individuals. The British Metropolitan Police disclosed that LabHost was utilized by around 2,000 criminals to extract sensitive personal information like email addresses, passwords, and banking
Series I bonds are a type of savings bond offered by the U.S. Department of the Treasury that are designed to protect investors against inflation. These bonds have a variable interest rate based on inflation data and a fixed rate that remains the same throughout the life of the bond. The annual rate for Series
The aviation industry has faced a series of safety issues recently, from high-profile incidents like the Boeing 737 Max 9 door plug incident to United Airlines’ safety review with the Federal Aviation Administration. Despite these concerns, airline executives remain confident in the industry’s demand. United Airlines, Delta Air Lines, American Airlines, and Southwest Airlines all
Boeing, a major aircraft manufacturer, is once again facing criticism over safety and quality concerns following recent incidents. In a Senate hearing, a whistleblower who was a former Boeing engineer made alarming allegations regarding the manufacturer’s practices. The whistleblower, Sam Salehpour, claimed that corners were cut during the production of wide-body jets, potentially compromising safety
ASML, a key player in the semiconductor industry, experienced a decline in its stock value as the company failed to meet sales forecasts. The shares of ASML dropped by approximately 4.5% in early European trade following the release of the results. The net sales figures for the company were reported at 5.29 billion euros, falling
Adidas experienced a significant 8.2% increase in its shares recently due to its unexpected raise in full-year guidance and its reported profit rise in the first quarter. The German sportswear giant is now anticipating currency-neutral revenues to grow at a mid-to high-single-digit rate in full-year 2024, surpassing its previous projection. It is also expecting an
Superyacht sales have experienced a downward trend in 2023, with a notable 17% decrease in sales of new yachts over 100 feet long. The main reasons behind this decline are attributed to long waiting lists, increasing costs, and sanctions affecting oligarchs. Buyers looking to purchase a new yacht over 200 feet are facing wait times
Investors in the K-pop industry have experienced a tumultuous start to the year, with stock prices plummeting due to lower fourth-quarter sales, diminishing profits, and various scandals affecting major entertainment companies. Companies like JYP Entertainment, YG Entertainment, Hybe, and SM Entertainment have all witnessed a decline in their stock values. In particular, SM Entertainment faced
Federal Reserve Chair Jerome Powell recently addressed the U.S. economy’s current state in regards to inflation and interest rates. Despite acknowledging the overall strength of the economy, Powell expressed concerns about inflation not meeting the central bank’s 2% goal. He emphasized that while there has been solid growth and continued strength in the labor market,