Political analysts at Stifel have raised concerns about President Joe Biden’s chances for reelection in the next presidential race. According to Brian Gardner, the firm’s chief Washington policy strategist, there is a 40% likelihood that Biden will not seek reelection. This perspective comes as a significant development in the political landscape, as Congress resumes its
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When it comes to planning for retirement, it is crucial to assess where your money is invested. While many individuals tend to focus on tax-deferred savings accounts such as a 401(k) or traditional IRAs, experts advise diversifying your accounts for better tax management in the future. According to certified financial planner Judy Brown, having a
The San Francisco real estate market is facing significant challenges, with the vacancy rate for office space reaching a record high of 34.5% in the second quarter. This is a sharp increase from 28.1% in the same period a year ago and 5% before the pandemic. Additionally, the average asking rent has dropped to $68.27
The recent agreement between Paramount Global and Skydance signifies a significant shift in ownership for the storied movie studio and media company. The Redstone family, who has long been in control of Paramount, has agreed to step away from their leadership role in the company. The merger, which involves a buying consortium led by RedBird
Losing my wallet was a wake-up call for me in terms of financial security. One important step that I overlooked initially was freezing my credit. Experts recommend freezing your credit to prevent identity theft and unauthorized use of credit in your name. It is a simple process that can be done online by contacting the
The summer of 2023 has brought record air travel demand to the United States, but unfortunately, this surge in demand has not translated to record profits for U.S. airlines. Even though some carriers have anticipated record demand and revenue, various factors have been playing against them, resulting in a lack of significant growth in their
Boeing has recently come to an agreement in which it will plead guilty to criminal fraud related to the tragic 737 Max crashes. This decision has significant implications for the U.S. aerospace giant, as it will now be considered a felon. However, by accepting this plea deal, Boeing will be able to avoid a trial
The year 2023 saw a significant surge in employment scams, with criminals utilizing artificial intelligence to target job seekers and steal money as well as personal information. Reports of job scams increased by 118% from the previous year, highlighting the growing concern in the job market. These scammers often pose as recruiters, posting fake job
As investors struggle to decipher mixed signals in the economy, one stock that stands out is Micron Technology (MU). The recent fiscal third-quarter results from the company have been impressive, with beats on the top and bottom lines. This success can be attributed to the increasing demand for artificial intelligence (AI) technology which Micron is
This past trading week on Wall Street saw tech stocks leading the way, with the Dow Jones Industrial Average gaining nearly 1%. The S & P 500 and Nasdaq closed at record highs, with a rise of almost 2% and 3.5%, respectively. This trend of strength in the market has been consistent since June and