GameStop experienced a significant setback as its shares plummeted by approximately 12% on Monday. This decline followed an even more drastic drop of nearly 40% the previous Friday. The catalysts for this downward spiral were attributed to a combination of lackluster financial results and a disappointing livestream presentation by Keith Gill, commonly known as Roaring
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Living and working abroad as a U.S. citizen while needing to file taxes can be a complex process. The regular tax deadline for most taxpayers was April 15th, but there is an automatic two-month extension to June 17th for U.S. citizens residing outside the country. This extension also applies to resident aliens, including dual citizens.
The highly-anticipated retheming of Splash Mountain into Tiana’s Bayou Adventure is set to bring a fresh and exciting experience to Walt Disney World Resort in Orlando, Florida. This transformation, which was first announced four years ago, aims to infuse new life into the iconic water ride by incorporating characters from Disney Animation’s “Princess and the
The U.S. economy seems to have split consumers into two distinct groups: those who have and those who have not. This division is evident even among retirees, as research indicates a substantial wealth transfer is currently taking place. Cerulli Associates estimates that a staggering $84 trillion will shift from older to younger generations by 2045.
As we delve into the future of the housing market, conflicting opinions from experts emerge regarding the trajectory it is likely to take in the latter half of the year. While some, like Glenn Kelman, CEO of Redfin, express optimism about an impending improvement, others, such as Jeff Ostrowski from Bankrate.com, remain skeptical about the
Activist hedge fund Elliott Management has recently acquired a $1.9 billion stake in Southwest Airlines and is determined to drive leadership changes within the company. In a bold move, Elliott is advocating for the removal of CEO Bob Jordan and chair Gary Kelly, in favor of external candidates. The motive behind this push for change
In a groundbreaking move, Moderna has unveiled the results of a late-stage trial for its combination vaccine that targets both Covid-19 and the flu. The biotech company’s innovative approach has shown promising results, surpassing the efficacy of existing standalone shots for these viruses. This development marks a significant milestone in the quest for more effective
In a recent survey conducted by BNY Mellon Wealth Management, it was found that family offices are increasingly shifting towards making direct investments in companies rather than relying solely on traditional investment vehicles. The survey revealed that a significant majority of family offices, numbering at 62%, made at least six direct investments in the past
In the world of luxury real estate, owning a piece of pop culture can come at a steep price. Iconic homes, with ties to celebrities or famous movies, are often considered collector’s items and can fetch a premium in the market. The allure of owning a property with a unique backstory is hard to quantify,
Investors are closely following the trajectory of interest rates and macroeconomic indicators to gauge the health of the U.S. economy. Concurrently, analysts are scrutinizing individual stocks in the market to identify options that can yield profitable returns in the long run. One of the top stock picks favored by Wall Street professionals is off-price retailer