The appointment of a new CEO at Vanguard has sparked discussions about the potential use of artificial intelligence to enhance customer service at the asset management firm. Vanguard, known for its low-cost and customer-friendly approach, has faced criticism in recent years regarding its customer service quality, particularly in terms of accessibility to representatives over the
Investing
In the current economic environment, the U.S. stock market has been experiencing increased volatility due to various factors such as earnings season and the upcoming elections. This uncertainty can be unsettling for investors, as they are unsure about the future direction of the market. However, one strategy that investors can consider to mitigate the impact
As we look ahead to the upcoming presidential administration in 2025, there are several potential economic scenarios to consider. If the GOP retains power under a Donald Trump presidency, we could see a continuation and expansion of the policies implemented during his previous term. This could involve extending the tax cuts initiated in 2017, a
The highly anticipated initial public offering of Pershing Square USA Ltd., led by billionaire investor Bill Ackman, has hit a roadblock. The listing of the U.S. closed-end fund, with the ticker PSUS, has been postponed, leaving investors in suspense. Originally set to raise between $2.5 billion to $4 billion, the fund fell short of its
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
The introduction of spot ether exchange traded funds (ETFs) has brought excitement to the world of cryptocurrency trading. These ETFs focus on ether, the digital currency used within the Ethereum network. This development has ignited hope among crypto enthusiasts as it presents an opportunity to expand the investor base for Ethereum, a technology that many
The U.S. Securities and Exchange Commission has given the green light for exchange-traded funds that hold ether, the world’s second-largest cryptocurrency. Trading for these ETFs is expected to begin as early as Tuesday, marking a significant moment for the cryptocurrency market. Several fund issuers submitted additional registration statements on Monday afternoon, signaling that the SEC
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
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
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