As Vice President Kamala Harris runs for the highest office in the United States, her personal financial records have come under scrutiny. The recent tax filings of Harris and her husband, Second Gentleman Douglas Emhoff, reveal a relatively simplistic approach to managing their finances during her tenure as vice president. However, experts suggest that this
Exxon Mobil recently reported its second-highest results for the second quarter in the past decade, driven by record production in Guyana and the Permian Basin. CEO Darren Woods highlighted that the oil produced during the second quarter reached its highest level since the Exxon and Mobil merger in 1999. This impressive production level contributed to
The upcoming Federal Reserve meeting is anticipated to have a significant impact on future interest rate decisions rather than immediate changes. Market analysts are expecting that policymakers will maintain short-term interest rates at their current level, but there is a growing consensus that interest rate cuts may be on the horizon in September. The emphasis
Berkshire Hathaway, the conglomerate led by CEO Warren Buffett, is under the microscope as its cash reserves continue to grow. With the cash pile potentially surpassing $200 billion, Buffett’s recent decision to sell off some of his favorite stocks has raised eyebrows. The sale of investments in Apple, Bank of America, and BYD has led
Coterra Energy recently released its second-quarter results, falling short of Wall Street expectations in terms of sales and earnings. Despite this, the company managed to exceed expectations in terms of production volumes and cash generation. Revenue for the three months ending June 30 saw a 7% increase year over year, totaling $1.27 billion. However, this
Mobile betting company DraftKings has recently announced plans to introduce a gaming surcharge on winning bets in certain states with high sports betting tax rates. This move comes as the company aims to increase its profits and navigate the challenges posed by escalating tax rates in the industry. DraftKings CEO and cofounder Jason Robins stated
In today’s economic climate, with record inflation rates, many potential homeowners are questioning whether investing in a home is still a sound financial decision. The increasing disparity between home prices and incomes poses a significant challenge for individuals looking to purchase a home. According to a recent analysis by the U.S. Census Bureau, more than
Delta Air Lines CEO, Ed Bastian, recently extended a gesture of gratitude towards the employees of the airline who had to navigate through the chaos caused by a faulty CrowdStrike software update. This update resulted in significant disruptions that left thousands of customers and crew members stranded. The aftermath of this incident was alarming, with