As the holiday shopping season unfolds, it marks a critical moment for both consumers and retailers alike. The five-day period from Thanksgiving through Cyber Monday has become a battleground for shoppers chasing the best deals, a scenario that could see an unprecedented influx of participants this year, according to predictions from the National Retail Federation.
As the U.S. gears up for the impact of President-elect Donald Trump’s proposed tariff agenda, seasoned money manager John Davi emphasizes the importance of strategic investment choices. With potential challenges looming on the horizon, Davi, the CEO and Chief Investment Officer of Astoria Portfolio Advisors, is candid about his apprehensions. He cautions that the incoming
The recent performance of processed food stocks has sent waves of concern throughout the market, particularly in light of President-elect Donald Trump’s nomination of Robert F. Kennedy Jr. for the Health and Human Services Department. This pivotal selection has raised alarms for major players including PepsiCo, Coca-Cola, and General Mills, with significant losses reported in
Even in a robust stock market environment, many investors may find themselves facing portfolio losses. This paradox can be frustrating, but it opens the door to strategic financial maneuvers, particularly the approach known as “tax-loss harvesting.” Essentially, this tactic involves selling off assets that are underperforming in order to realize losses that can be claimed
In the highly competitive realm of space exploration and satellite technology, SpaceX stands as a towering figure, solidified by its achievements and innovations. Gwynne Shotwell, the company’s President and COO, recently emphasized the benefits of competition within this sector at the 2024 Baron Investment Conference in New York. While she acknowledged the remarkable lead SpaceX
Alibaba Group, the titan of Chinese e-commerce, recently reported its quarterly earnings that juxtapose remarkable profit growth with disappointing sales figures. As the world’s second-largest economy continues to grapple with sluggish consumer spending, this report places Alibaba’s performance at a critical juncture. The earnings announcement not only highlights the company’s financial acumen but also reflects
Industry experts suggest that the recent stabilization of mortgage rates may signal a more predictable housing market, which generally benefits prospective homebuyers. The average rate for a 30-year fixed mortgage in the United States has experienced a slight decrease to 6.78% for the week ending November 14. This marginal change from 6.79% the previous week
In 2024, family offices have solidified their significant presence in the startup investment arena, with some of them dramatically reshaping venture capital dynamics. Recent analyses reveal that various renowned family offices have collectively invested in over 150 startup companies in diverse sectors including biotechnology, energy, cryptocurrency, and artificial intelligence. This shift, detailed in a collaboration
As we look toward the upcoming data release by China’s National Bureau of Statistics, which is set for Friday, there is significant anticipation surrounding the retail sales, industrial production, and fixed-asset investment figures for October. Analysts’ projections suggest a notable improvement in these sectors, with retail sales expected to climb to a year-on-year growth rate
The rollercoaster ride of inflation that emerged during the COVID-19 pandemic has begun to show some signs of relief. Consumers are witnessing price adjustments, and in some instances, outright declines across a range of household goods. This phenomenon, referred to as deflation, is not commonly observed in the United States, as businesses tend to resist