As we embark on a new financial year, many individuals are looking at their retirement plans with a fresh perspective. According to a recent CNBC poll, approximately 40% of Americans find themselves lagging in retirement savings. This statistic is alarming and highlights the urgent need for strategic financial planning. However, rather than panic, this is
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With the impending transition of power in the United States government, federal student loan borrowers, numbering approximately 40 million, find themselves at a crossroads. As President Biden prepares to exit office, the electorate is bracing for shifting policies concerning student debt—issues that are exacerbated by the contrasting views of President-elect Donald Trump regarding student loan
As we delve into 2024, the air travel sector has experienced a remarkable revival, especially in the international travel segment. The International Air Transport Association (IATA) reported an impressive increase of nearly 11% in revenue-passenger miles worldwide from January to October. This resurgence signals not just a bounce back from the precipitous declines during the
The holiday season, while synonymous with joy and celebration, often brings with it a sense of trepidation when it comes to finances. As families come together to celebrate, the burden of overspending becomes a looming threat, leading to debt and financial strain once the festivities conclude. As such, understanding and managing holiday spending is crucial
In an impressive display of resilience, Affirm, a notable player in the buy now, pay later (BNPL) sector, recently released its fiscal first-quarter results, surprised analysts, and positioned itself for future growth. The company reported an adjusted loss per share of 31 cents, better than the projected loss of 35 cents. With revenues reaching $698
The restaurant industry faced unprecedented challenges in 2024, with many chains shuttering underperforming locations as they attempted to recalibrate and seek a path toward recovery. Economic pressures have altered consumer spending habits, creating a landscape where eating out has become an exercise in frugality for many households. According to the data from Black Box Intelligence,
As 2024 unfolds, investors find themselves at a crossroads influenced by an amalgamation of factors—most significantly, the forthcoming U.S. presidential election, the booming artificial intelligence (AI) sector, and persistent elevated interest rates. Amidst this bustling atmosphere, macroeconomic conditions are anticipated to witness improvement, yet underlying concerns about a potential U.S.-China trade conflict and inflated stock
The financial marketplace has witnessed a monumental shift in investment strategies, notably through the surge of exchange-traded funds (ETFs). In November, assets in U.S.-based ETFs surpassed the remarkable threshold of $10 trillion for the first time, as reported by Cerulli Associates. This watershed moment is not merely a statistic; it reflects a broader trend impacting
The automotive sector is a crucial part of Canada’s economy, especially in Ontario, where major automakers have established significant manufacturing operations. However, the recent announcement by President-elect Donald Trump regarding the imposition of a staggering 25% tariff on Canadian imports has raised significant alarms within this vital industry. For a province that produced over 1.54
As artificial intelligence (AI) becomes an integral part of various industries, investors are keenly seeking to align their portfolios with this growing trend. One notable figure in this landscape is Michael MacGillivray, a young investor from Michigan. At just 25 years old, MacGillivray recognized the potential of AI technologies and made strategic decisions to invest