To compensate for the lost value, payments would need to increase to more than $4,400 a year. Read more here.
Investors
Berkshire Hathaway Sells Half of Its Apple Shares, Increasing Cash to Record $277 Billion
Apple's stock stake has been reduced by Berkshire Hathaway, which has boosted its cash reserves to a record-high ($277 Billion) as a cautious approach against US economy concerns.
Trump Proposes Ending Taxes on Social Security Benefits for Seniors
Donald Trump has proposed eliminating federal income taxes on Social Security benefits for seniors, potentially reducing federal revenue by up to $1.8 trillion over the next decade.
Investors of Fast-Food Franchisees Express 'Wary' Over Profit as $5 Value Meals Get Extended
Fast-food chains are extending their $5 meal deals to continue attracting budget-conscious customers. Still, investors are worried about the long-term benefits for the companies and fear these discounts may not turn into profits.
Doubts on AI and Consumer Spending Halt Stock Market Surge
Recent earnings reports raise concerns about AI investments and consumer spending, causing a dip in tech stocks and interrupting a stock market rally.
Latest News
Previous election seasons saw the S&P 500 slump and the Dow Jones Industrial Average trade below 11,000.
Silicon Valley tech billionaires are backing Donald Trump through donations to America PAC, driven more by economic concerns over Biden's airtight antitrust policies than political alignment.
Chinese carbon bicycle technology manufacturer XDS confirmed Monday (July 15) that it will invest in the professional cycling team Astana Qazaqstan.
Donald Trump’s assassination attempt during a campaign rally in Pennsylvania gained a positive market reaction and heightened investor confidence in his reelection prospects.
Justin Bieber earned $10 million for a private performance at an Ambani-Merchant's pre-wedding party in India.
JPMorgan Chase is reportedly striving to amass 15% of US consumer deposits and expand its credit card share.
Citi has decided to end its operations in Haiti, concluding more than 50 years of presence in the country.
Revolut prepares for a $500 million share sale, potentially valuing the company at over $40 billion, as plans to eventually go public go into motion.
Mexican billionaire Carlos Slim’s company, Grupo Carso SAB, announced that it was investing $1.2 billion to develop a vast gas field in the Gulf of Mexico.
