As Vice President Kamala Harris emerges as the Democratic nominee for president, her stance on affordable housing remains a crucial aspect of her policies. Throughout her career, Harris has been a vocal advocate for affordable housing, pushing for legislation and initiatives to protect homeowners and renters alike. As the former attorney general of California, Harris
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In a surprising turn of events, Berkshire Hathaway has been steadily decreasing its investment in Bank of America over the past six trading days. The conglomerate, headed by Warren Buffett, sold off an additional 18.9 million shares of the bank at an average price of $42.46, generating $802.5 million. This brings the total number of
A recent study from the National Institute on Retirement Security revealed that many Americans, especially those who aren’t retired yet, have a limited understanding of their Social Security benefits. Only 11% of respondents claimed to know exactly how much they can expect to receive, while a significant portion expressed uncertainty or complete ignorance regarding their
Southwest Airlines recently announced a potential drop in unit revenue for the third quarter, highlighting the challenges faced by airlines in an oversupplied U.S. market. The airline expects unit revenue to decrease by as much as 2% compared to the previous year, reflecting a trend of discounted ticket prices during what is typically a lucrative
American Airlines recently made headlines as it drastically slashed its profit forecast for the year. The airline giant attributed this disappointing adjustment to a failed sales strategy and an oversupply of flights across the industry. This move revealed a stark contrast between the initial forecast and the grim reality of the current market conditions. The
Unilever experienced a significant boost in its share price on Thursday morning after announcing an improved full-year margin guidance and confirming that the spinoff of its ice cream business is on track to be completed by the end of 2025. The shares surged by nearly 8% initially before stabilizing at a growth of around 5.45%
The British Labour government has revealed plans to update regulations for the “buy now, pay later” industry in the near future. This move aims to protect consumers and provide more certainty in the sector. However, the specifics of these regulations and their potential impacts remain to be seen. One of the primary reasons for the
Chipotle Mexican Grill has managed to deliver a stellar performance in the latest quarter, exceeding analysts’ expectations in both earnings and revenue. The company’s net income for the second quarter stood at $455.7 million, or 33 cents per share, marking a significant improvement from the previous year. Earnings per share came in at 34 cents
NextEra Energy’s consideration of restarting the Duane Arnold Energy Center in Iowa reflects a shift in the energy landscape towards carbon-free alternatives. The nuclear plant ceased operations in 2020 after 45 years of service, primarily due to economic reasons and safety concerns following a windstorm that damaged critical infrastructure. However, with the growing demand for
In the second quarter of 2024, job seeker confidence saw a significant decline, dropping to its lowest level in over two years. This decrease in confidence reflects a growing pessimism among workers regarding their ability to secure their desired jobs. This shift in sentiment stands in stark contrast to the optimism that pervaded the job