As we glance towards the investment landscape of 2025, experts are vocal about the transformative potential of artificial intelligence (AI). Jay Jacobs, the U.S. head of thematic and active ETFs at BlackRock, emphasizes that we are merely at the dawn of the AI adoption phase. In a recent conversation on CNBC’s “ETF Edge,” Jacobs highlighted
As holiday shopping seasons approach, consumer habits are evolving at an unprecedented pace. With projections indicating that holiday sales will skyrocket, a concerning trend is also emerging: the rate of returns is expected to climb significantly. According to recent reports from the National Retail Federation (NRF) and return management company Happy Returns, returns in 2024
Timothy Armoo, co-founder of the influencer marketing agency Fanbytes and a notable figure in digital marketing, has become an emblem of modern entrepreneurship and financial independence. Following the sale of Fanbytes to Brainlabs in May 2022 for an undisclosed eight-figure sum, Armoo’s journey raises pressing questions about wealth, spending, and investment. Instead of following conventional
On a seemingly ordinary Wednesday morning, Brian Thompson, the CEO of UnitedHealthcare, was tragically shot in the streets of Manhattan while attending an investor event. This shocking act of violence has sparked profound concern across the corporate world, prompting companies to reassess their leadership security protocols. For many executives, the day-to-day tasks of their roles
Ulta Beauty, the popular beauty retailer, showcased an impressive performance in its fiscal third quarter, surpassing Wall Street’s expectations. This unexpected robustness comes at a time when various challenges loom over the beauty industry, including intensified competition and a noticeable decline in consumer demand for makeup and skincare products. In light of its recent triumphs,
Healthcare Realty Trust, a self-managed and self-administered real estate investment trust (REIT), primarily focuses on owning and operating medical outpatient buildings strategically placed near hospital campuses. Operating a substantial portfolio of nearly 700 properties covering over 40 million square feet, the company targets high-growth markets across 15 key areas. A distinctive feature of its tenant
In a significant legal move, the Consumer Financial Protection Bureau (CFPB) has filed a complaint against Comerica Bank, alleging serious mismanagement of the Direct Express prepaid debit card program. This program serves a crucial role for many Americans, providing them with a means to access federal benefits such as Social Security. The accusations reveal that
The appointment of Billy Long as the incoming head of the Internal Revenue Service (IRS) under President Trump has sparked a heated debate within Washington and the larger tax community. As an experienced former congressman from Missouri with a background in tax advising for small businesses, Long’s nomination signifies a potential pivot in the agency’s
In a rapidly evolving financial landscape, UniCredit finds itself at a pivotal juncture, torn between ambitions for expansion through acquisitions and the challenges presented by external political dynamics. Under the leadership of CEO Andrea Orcel, the Italian banking giant is eyeing two significant targets: Banco BPM and, perhaps more tantalizingly, Germany’s Commerzbank. However, both pursuits
Dynamic pricing has emerged as a focal point in the consumer landscape, especially in the context of live entertainment. Originating in the 1920s among economists, this pricing strategy has evolved from relatively obscure applications to a practice that directly affects millions of consumers today. At its core, dynamic pricing represents the practice of adjusting prices