Billionaire investor Ken Griffin made headlines recently when he purchased a late Jurassic st skeleton for a whopping $44.6 million at Sotheby’s auction. The stegosaurus, named “Apex,” is said to be the most valuable fossil ever sold at auction, surpassing all expectations. This unexpected purchase has once again highlighted Griffin’s affinity for unique and rare
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The Social Security Administration is currently in the process of updating its online services, and it is crucial for account holders to take action. Particularly for those who created their online “my Social Security” account before September 18, 2021, the agency is urging individuals to log in and transition to a Login.gov account. This transition
For many Gen Zers, the dream of homeownership seems out of reach due to the lack of affordable starter homes. About 1 in 5 Gen Zers, or 22%, express concerns about the affordability of entering the housing market. However, some believe that fixer-upper homes could be the solution to this issue. A fixer-upper, by Redfin’s
Thursday saw a shift in the market as the S & P 500 and Nasdaq pulled back from their previous record highs. This was triggered by a lower-than-expected inflation report, causing investors to move out of Big Tech stocks and towards smaller-cap names. The consumer price index (CPI) for June dropped to its lowest levels
An Urban Institute study has shown a decrease in the number of individuals with medical debt in collections on their credit reports over the past decade. In 2013, 19.5% of Americans were burdened with medical debt, with that number dropping to 5% in 2023. Despite this decline, the median medical debt in collections has risen
The semiconductor industry is currently facing a significant talent shortage amidst a tight labor market. The competition for skilled workers is intensifying as funding from the CHIPS and Science Act is being rolled out to boost domestic production. A recent study by the Semiconductor Industry Association projects a shortfall of up to one million workers
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
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”
Ford announced a 1% increase in sales during the second quarter compared to the same period last year. The highlight of this growth was the impressive 5% gain in truck sales, with a total of 308,920 vehicles sold. This marks Ford’s best second-quarter performance for trucks since 2019, showcasing the brand’s strength in this category.
Investors have been enjoying high returns on cash investments recently, with savings accounts offering annual percentage yields as high as 5%. However, some experts are cautioning against becoming too comfortable with these safe returns. Callie Cox, the chief market strategist at Ritholtz Wealth Management, pointed out that many investors, particularly younger ones, are over-allocating to