Investments and Business

August 23, 2024

Anticipating Powell’s speech at Jackson Hole: policy changes on the horizon

Kyle C. Garrison

Jackson Hole, Wyoming — As the financial community eagerly awaits Federal Reserve Chairman Jerome Powell’s speech on Friday, clarity is expected on the anticipated shift in interest rate policy following…

Investments and Business

August 23, 2024

Second-hand home sales rebound in July after five months of declines

Kyle C. Garrison

Previously owned home sales rose in July for the first time in five months, up 1.3% from June to a seasonally adjusted annual rate of 3.95 million units, the National…

Investments and Business

August 22, 2024

GMC aims to lead the electric truck market with new Sierra EV

Kyle C. Garrison

In Milford, Michigan, General Motors’ flagship brand GMC is positioning itself as a leader in the all-electric truck segment in the United States. That effort begins with the introduction of…

Investments and Business

August 22, 2024

The boom in online sports betting changes investment behavior

Kyle C. Garrison

More news - News 24 hours The rapid growth of online sports betting, following its legalization in several states, has significantly affected the dynamics of personal finances, especially among economically…

Investments and Business

August 21, 2024

Electric vs. Gas Cars: The Actual Cost of Ownership Depends on Zip Code

Kyle C. Garrison

More news - Latest news The debate over whether electric vehicles (EVs) or traditional gasoline-powered cars offer better long-term value has intensified as EV prices have fallen and charging infrastructure…

Investments and Business

August 20, 2024

Goldman Sachs cuts probability of US recession to 20% after positive economic indicators

Kyle C. Garrison

More news - Recent news Goldman Sachs has lowered its forecast for a potential US recession to 20%, following a reassessment prompted by the latest employment and retail trade data.…

Investments and Business

August 19, 2024

Klarna introduces personal banking services and rewards incentives as it prepares for IPO

Kyle C. Garrison

Related media - Recent news Klarna, a leading fintech known for its innovative “buy now, pay later” services, is further venturing into the realm of traditional banking by introducing a…

Investments and Business

August 18, 2024

Walmart Sees Price Drops Across Most Categories, Faces Challenges in Dry Grocery

Kyle C. Garrison

Related media - News 24 hours As CEO Doug McMillon reported, while Walmart has seen an overall decline in prices across a variety of items, including apparel, the retailer continues…

Investments and Business

August 16, 2024

Walmart Beats Financial Forecast, Improves Full-Year Projections on Steady Consumer Demand

Kyle C. Garrison

More news - News 24 hours Walmart on Thursday raised its full-year guidance following a nearly 5% increase in quarterly revenue, fueled by increased activity at its brick-and-mortar stores and…

Investments and Business

August 15, 2024

Chipotle Reshuffles Leadership With Niccol Departing for Starbucks

Kyle C. Garrison

Related media - Breaking news Chipotle Mexican Grill is undergoing a leadership change: CEO Brian Niccol is stepping down to take over at Starbucks. The unexpected announcement sent shockwaves through…

Investments and Business