The anticipation of the Federal Reserve’s interest rate decision in September has led to more investors turning their attention towards dividend stocks. According to Paul Baiocchi of SS&C ALPS Advisors, this shift is a strategic move considering his belief that the Fed will be easing rates in the near future. Baiocchi, who serves as the
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Edgar Bronfman Jr. has made a bold move with his offer for a controlling stake in Paramount Global, potentially shaking up the future of the company. Bronfman’s bid, if successful, could result in Shari Redstone, the current non-executive chairman at Paramount, continuing to be involved with the company under his leadership. It is interesting to
The cost of attending college has reached staggering levels in recent years, with some institutions approaching a price tag of close to six figures per year. According to data from The Princeton Review, several colleges are already charging more than $90,000 for the academic year 2024-25, with projections suggesting that the $100,000 threshold could be
Cava recently released its quarterly earnings report, exceeding Wall Street’s expectations by a significant margin. With earnings per share at 17 cents compared to an expected 13 cents and revenue reaching $233 million against the projected $220 million, the Mediterranean restaurant chain has impressed investors and analysts alike. The company reported a surge in net
Affordable housing is a critical issue in the United States that has gained significant attention from policymakers. Vice President Kamala Harris recently unveiled her economic policy pitch, which included proposals to lower the costs of owning and renting a home in the U.S. However, the housing plans put forth by both Harris and former President
Boeing’s Starliner capsule is set to return from the International Space Station empty, leaving NASA astronauts Butch Wilmore and Suni Williams aboard SpaceX’s Dragon spacecraft for their return trip back to Earth. This decision represents a significant shift from the initial plan, where Starliner was expected to bring the astronauts home. The change in plans
Federal Reserve chair Jerome Powell recently hinted at the possibility of cutting interest rates, which would be the first time this has happened in over four years. This move is seen as a response to changes in the economy, including falling inflation rates and signs of weakness in the labor market. The market response to
When it comes to making decisions about your 401(k) contributions, it’s crucial to weigh your options carefully. Financial advisors often recommend taking advantage of all the benefits your employer offers, such as full matching contributions. However, before you rush to max out your plan account for 2024, there are several important factors to consider. One