In the movie “Thelma,” a 93-year-old woman falls victim to a scam call where she is tricked into sending $10,000 to a P.O. Box address after believing it was her grandson in need. This type of scam, also known as grandparents’ scams or family emergency scams, is unfortunately all too real in today’s world. According
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In today’s world, social media plays a significant role in shaping our travel choices. With platforms like Instagram and Facebook, it’s no surprise that people are flocking to destinations they’ve seen online. According to a survey by Forbes Advisor, a large percentage of Gen Zers and millennials choose their vacation spots based on what they’ve
Samsung Electronics recently witnessed a significant surge in its stock prices, reaching the highest level since January 2021. This spike comes as the South Korean tech giant announced better-than-expected profit projections for the second quarter of the year. The stock soared by as much as 2.24% on Friday morning, hitting a peak of 86,500 Korean
The world of competitive eating saw a new champion emerge at the Nathan’s Hot Dog Eating Contest this year. Patrick Bertoletti, a 39-year-old from Illinois, stole the show by consuming a whopping 58 hot dogs in the 10-minute competition. This victory not only earned him the coveted Mustard Yellow Belt in the men’s category but
The recent announcement of HBC’s acquisition of Neiman Marcus Group for $2.65 billion marks a significant shift in the luxury retail sector. The merger of these two iconic retailers is a strategic move to create Saks Global, a powerhouse that will encompass Saks Fifth Avenue, Saks OFF 5TH, Neiman Marcus’ flagship stores, and Bergdorf Goodman.
The landscape of women’s soccer ownership is rapidly changing with the increasing interest of private equity investors. Unlike other major U.S. sports leagues, such as Major League Soccer, the National Basketball Association, Major League Baseball, and the National Hockey League, where private equity investors are limited to passive, minority stakes, the National Women’s Soccer League
China is currently in discussions with the European Union regarding the planned tariffs for imported Chinese electric cars. The European Commission threatened to impose additional duties on Chinese EVs if the talks did not progress well by the deadline. Both parties are hopeful of reaching an agreement soon to avoid any disruptions in trade. Chinese
The market for initial public offerings in Hong Kong is poised for a significant upswing over the next five years, a global IPO leader at EY predicts. Despite facing challenges such as high U.S. interest rates, regulatory scrutiny, slower economic growth, and U.S.-China tensions in recent years, there is optimism about a resurgence starting in
In today’s digital age, cybercriminals are preying on individuals’ emotions through romance scams, targeting their wealth accounts. These scams involve building a relationship and trust with the victim in order to gain access to their accounts or convince them to transfer money. According to the Federal Trade Commission, consumers lost a staggering $1.14 billion to
The American Reshoring ETF (RSHO) is taking a unique approach to investing in the U.S. manufacturing sector. Created by Maurits Pot, the CEO and founder of Tema ETFs, this fund focuses on industries that are experiencing a resurgence in manufacturing jobs. Rather than following traditional investment strategies, Pot is betting on what he calls “deglobalization”