In a surprising move, Berkshire Hathaway decided to trim its massive holding in Bank of America after a successful run in 2024. This marked the first time in over four years that Warren Buffett’s conglomerate has reduced its stake in the bank, selling almost $1.5 billion worth of shares in separate sales. The average selling
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McDonald’s has seen a significant increase in customer traffic since the introduction of the $5 value meal deal. Executives in the U.S. system reported that 93% of restaurants have voted to extend the promotion past its original end date. This shows that the offer is resonating with customers and keeping them loyal to the brand.
As Gen Xers start to approach age milestones that allow them penalty-free access to their retirement funds, there are some important considerations to keep in mind. The ability to withdraw money from individual retirement accounts (IRAs) and 401(k)s without facing penalties is a significant advantage. However, it is crucial to understand the implications of early
On Monday, Ryanair announced that its quarterly profit after tax had decreased by 46% compared to the same period last year. The budget airline reported a profit after tax of 360 million euros in the first quarter, down from 663 million euros in the previous year. The airline attributed the drop in profit to weaker-than-expected
General Motors is expected to stand out among the traditional Detroit automakers due to stable sales and vehicle prices during the first half of the year. Analysts estimate that GM will report a solid adjusted profit of $2.75 per share, which is a significant increase from the previous year. The revenue is also expected to
In the current volatile environment of the stock market, it is crucial for investors to focus on long-term prospects rather than short-term fluctuations. One stock that stands out as a top pick by Wall Street analysts is Costco Wholesale (COST). Despite the recent increase in its membership fees, which could potentially impact consumer behavior, analysts
In today’s seemingly prosperous times, it is interesting to note the prevalent themes of struggle and financial vulnerability embedded in recent pop music hits. Artists like Taylor Swift and Beyoncé have captured the essence of modern-day malaise in their lyrics, resonating deeply with audiences. Even viral TikTok sensations like “I’m looking for a man in
The recent nomination of Donald Trump as the Republican presidential candidate has brought renewed attention to Project 2025, a comprehensive policy plan developed by The Heritage Foundation and over 100 other conservative organizations. This initiative, encapsulated in the 900-page “Mandate for Leadership,” aims to revolutionize the U.S. income tax system and restructure the Internal Revenue
The recent influx of money into small caps has caught the attention of many experts in the financial industry. Dave Nadig, an ETF journalist and financial futurist, believes that this trend is not simply a result of a rotation from winning growth trades. In an interview on CNBC’s “ETF Edge,” Nadig emphasized that investors are
The highly anticipated 2024 football season is officially kicking off with Electronic Arts releasing a new and improved version of its college football game. This drastic revamp has many nostalgic fans of the old game excited, while also feeling a bit overwhelmed by the changes. As Anthony Bencomo, a 47-year-old corporate recruiter and owner of