There seems to be a growing interest among investors in dividend stocks as they await the upcoming decision by the Federal Reserve regarding interest rates. Paul Baiocchi, the chief ETF strategist at SS&C ALPS Advisors, believes that this shift in strategy is a wise move considering his prediction of the Fed easing rates. According to
Restaurants across the country have increasingly turned to adding surcharges and fees to their bills to offset rising costs and compensate their employees. However, these practices have come under scrutiny from both customers and lawmakers, who argue that these “junk fees” may not be as transparent as they seem. The debate over whether restaurant surcharges
On a Friday, U.S. stocks experienced a significant rally in response to dovish comments made by U.S. Federal Reserve Chair, Jerome Powell. Powell’s remarks solidified expectations that the central bank will cut its key policy rate in September. The highly anticipated comments, delivered during the Jackson Hole Economic Symposium, highlighted Powell’s belief that “the time
The Biden administration recently announced the resumption of offering free at-home Covid-19 tests to American households starting in late September. This decision comes at a critical time as the virus has gained a stronger foothold in the U.S. during the summer months. Through the COVIDtests.gov website, individuals will have the opportunity to request four free
The previews for Zoë Kravitz’s thriller, Blink Twice, and Lionsgate/Edward R. Pressman’s The Crow did not generate much buzz, with Blink Twice bringing in $820K and The Crow only managing $650K. Both films are projected to have lackluster single-digit openings, which is disappointing considering the star power and critical acclaim associated with Blink Twice, boasting
Chinese electric vehicle manufacturers have been increasingly looking towards Mexico as a promising market to sell their high-tech cars, especially since they have been blocked from entering the U.S. market due to tariffs. The affordability of Chinese EVs, such as the Dolphin Mini by BYD, has attracted Mexican customers who may have been initially wary
Remote work has become a major trend in the U.S. labor market, especially during the Covid-19 pandemic. Economists have noted that the work-from-home revolution has been one of the significant shifts in the labor market in recent decades. According to Nick Bunker, the economic research director for North America at job site Indeed, remote work
Australia’s bank regulator, the Australian Prudential Regulation Authority (APRA), has taken decisive action against ANZ, the country’s third-largest lender. In response to suspected misconduct at ANZ’s bond trading unit, APRA has increased the amount of spare cash that ANZ must keep on hand. Initially imposed in 2019 as a A$500 million capital add-on, the regulator
Perplexity AI, an artificial intelligence startup, has recently come under fire for accusations of plagiarizing content from various media outlets. This controversy has raised concerns about the company’s practices and ethics, particularly in relation to how it sources and presents information to its users. Reports from Forbes and Wired highlighted instances where Perplexity was found
Canada’s economy is facing a significant threat as a railway stoppage continues to persist, causing concerns among economists and analysts. The potential impact of this stoppage on the nation’s GDP could be disastrous if it extends beyond a week. According to Pedro Antunes, chief economist at the Conference Board of Canada, a two-week strike could