A recent report from Cerulli Associates reveals a groundbreaking forecast for the asset management industry: financial advisors are predicted to shift a greater proportion of client assets into exchange-traded funds (ETFs) than into mutual funds for the first time by 2026. This change signifies a crucial turning point in investment strategies as nearly all advisors,
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The travel landscape has undergone a significant transformation in the aftermath of the COVID-19 pandemic. What was once characterized by an overwhelming focus on budget-friendly options has morphed into a landscape where premium seats are increasingly sought after. Airline passengers are no longer content with just cheap seats; they are now willing to pay a
In a significant turn of events, Warner Bros. Discovery unveiled a major restructuring plan designed to streamline its operations by categorizing its business into distinct linear and streaming units. This bold move arrives as the entertainment landscape shifts dramatically toward digital consumption, vying for a competitive edge in both traditional and online arenas. The announcement
On Thursday, the Consumer Financial Protection Bureau (CFPB) made headlines with its announcement of a groundbreaking rule aimed at revising how banks impose overdraft fees on consumers. This ruling is a significant move in an ongoing battle against what many term as ‘junk fees’—excessive charges that serve to pad the profits of financial institutions at
In an era where e-commerce is rapidly evolving, the collaboration between Amazon and Intuit signifies a substantial shift in support for small to medium-sized businesses operating on Amazon’s expansive marketplace. This partnership aims to harness Intuit’s financial technology prowess by integrating its QuickBooks accounting solutions directly into Amazon Seller Central. Expected to launch in mid-2025,
In an unexpected turn of events, Oracle Corporation witnessed a sharp decline in its stock value, plummeting by 8% on a recent Tuesday. This drop marks the company’s most significant fall in over a year and raises eyebrows among investors accustomed to Oracle’s consistency in the tech market. The steep decline followed the release of
Healthcare Realty Trust, a self-managed real estate investment trust (REIT), primarily focuses on the acquisition and management of medical outpatient facilities strategically positioned around hospital campuses. The firm boasts an extensive portfolio that includes nearly 700 properties, summing over 40 million square feet across 15 significant growth markets. Its business model effectively capitalizes on the
As the year draws to a close, older Americans face a critical deadline: the Medicare Open Enrollment Period, which concludes on December 7. This annual event provides a unique opportunity for the approximately 67.8 million beneficiaries to reassess their Medicare coverage and ensure it meets their evolving healthcare needs. Health policy experts, including Juliette Cubanski
In today’s increasingly credit-driven society, establishing a solid credit history can be a pivotal component of financial stability. Parents looking to give their children a head start on this vital aspect of adult life have various strategies at their disposal, one of which is adding their child as an authorized user on their credit card
The current economic landscape, marked by macroeconomic uncertainty and potential policy shifts, particularly with the incoming administration of President-elect Donald Trump, has resulted in the stock market experiencing a remarkable surge. Investors are confronted with the choice to either be swayed by short-term market fluctuations or to adopt a long-term strategy focused on robust investments