The recent approval of spot ether exchange-traded funds by the Securities and Exchange Commission marks a significant milestone in the cryptocurrency markets. With firms like Franklin Templeton and VanEck launching their respective ETFs, investors are eager to capitalize on this new investment opportunity. Despite the initial enthusiasm surrounding the launch of spot ether ETFs, the
admin
American Airlines recently announced a significant slash in its profit forecast for the year due to the failure of a sales strategy. The airline now expects to earn between 70 cents to $1.30 per share this year, a substantial decrease from the $2.25 to $3.25 a share it had originally forecasted in April. This new
Social Security benefits are a critical source of income for most retirees in the United States. However, recent research from the National Institute on Retirement Security reveals that many Americans do not have a clear understanding of how much they can expect to receive in benefits. According to the research, only 11% of non-retired Americans
Kamala Harris has been a vocal advocate for affordable housing throughout her political career. As she stands to become the Democratic nominee for president, the question arises about how her policies will align with those of President Joe Biden. Harris has a track record of introducing legislation and initiatives aimed at protecting homeowners and renters,
In a surprising turn of events this week, Berkshire Hathaway, headed by Warren Buffett, has been steadily decreasing its stake in Bank of America. Over the course of six consecutive trading days, the conglomerate has sold off a substantial amount of shares in the bank. On Monday, Tuesday, and Wednesday alone, Berkshire sold off 18.9
Southwest Airlines has recently forecasted a potential drop in unit revenue for the third quarter of this year. This prediction comes as a result of an oversupplied U.S. market, which has forced airlines to discount tickets during what is usually the most lucrative period of the year. The airline stated that unit revenue for the
The British Labour government is currently in the process of updating plans to regulate the “buy now, pay later” industry. This decision comes after multiple delays in the implementation of BNPL legislation in Britain. The government initially outlined plans to regulate the sector back in 2021 but has faced setbacks since then. The “buy now,
Unilever shares experienced a surge on Thursday morning following the announcement that the consumer goods giant had elevated its full-year margin forecast and confirmed that the spinoff of its ice cream division was proceeding as planned, set to be completed by the end of 2025. The stock climbed by almost 8% initially, although these gains
The anticipations regarding stock market volatility are peaking throughout the financial market due to the upcoming U.S. presidential election. With the heightened anxiety surrounding the election outcome, many investors find themselves struggling with uncertainties that could potentially impact their financial standing. A survey conducted by the American Psychiatric Association reveals that a significant 73% of
There has been a noticeable downward trend in job seeker confidence in the second quarter of 2024. This decline, which is the lowest it has been in over two years, indicates that workers are increasingly pessimistic about their prospects of securing their desired jobs. According to a quarterly survey by ZipRecruiter, workers are facing challenges