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Xpeng, a Chinese electric car company, made waves in the automotive industry with the launch of its new mass-market Mona brand. The Mona M03 electric coupe, priced starting at $16,812, captured the market’s attention with over 10,000 orders within just 52 minutes of its formal debut in Beijing. Following the launch of the Mona brand,
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The stock market has been experiencing some modest rises recently, with Tuesday showing a positive trajectory. Nvidia has been a key player in this movement, with a significant increase in its stock value over the past year. The stock is currently 8.8% from its June 20 high, showcasing a strong performance over time. Nvidia has
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In a year of robust stock market performance, investors have an opportunity to strategically rebalance their portfolios and potentially save on future taxes through a lesser-known strategy called tax-gain harvesting. This tactic involves strategically selling profitable assets in a brokerage account during lower-income years, such as early retirement or periods of unemployment. With the S&P
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The number of crypto millionaires in the world has seen a significant increase of 95% over the past year, according to a recent report by New World Wealth and Henley & Partners. The report reveals that there are now 172,300 individuals worldwide holding more than $1 million in crypto assets, compared to 88,200 in the
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The Russell 2000 index experienced a significant gain of 10.1% in July but faced a decline of approximately 4% in August. This erratic behavior has raised concerns about the overall profitability of the small-cap index. According to ALPS’ Paul Baiocchi, a substantial portion of companies included in the index are reporting negative earnings, with estimates
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Minnesota Gov. Tim Walz recently shared his personal story at the Democratic National Convention, highlighting the importance of Social Security survivor benefits in helping his family navigate through difficult times. After his father passed away when he was just 19, leaving a significant amount of medical debt behind, Walz emphasized how these benefits provided his
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The cost of attending college has soared in recent years, with some institutions now nearing the six-figure mark for yearly expenses. According to data from The Princeton Review, certain colleges have a sticker price of over $90,000 for the 2024-25 academic year, and this amount is expected to continue rising. Tuition adjustments averaging around 4%
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