Newark Liberty International Airport is a vital hub in the U.S. aviation landscape, yet it has recently transformed into a scene of chaos, epitomized by United Airlines’ announcement to cancel 35 roundtrip flights daily. Observing this distressing trend, one can’t help but feel infuriated when realizing that this adjustment arises not merely from an isolated
In an era marked by volatility and uncertainty, Netflix has defied the odds, boasting an impressive eleven consecutive days of stock gains. This is not just a number; it signifies the company’s resilience in an unpredictable market where many players falter. It’s remarkable that this streak exceeds its previous record, which spanned nine days and
In the ongoing dialogues surrounding tax reforms, the state and local tax (SALT) deduction limit, which caps at $10,000, stands out as a controversial topic. This cap, instituted by the Tax Cuts and Jobs Act (TCJA) of 2017 under then-President Donald Trump, was originally intended to stabilize the economy by providing tax relief. However, rather
The annual meeting of Berkshire Hathaway has morphed from an obscure gathering into what some affectionately deem the “Woodstock for Capitalists.” As Warren Buffett readies himself for his 60th year at the helm, it’s astonishing to reflect on how an event that began in 1965 with only a dozen attendees has blossomed into a colossal
In an era where major corporations are scrutinized under an economic microscope, Shell’s recent revelation of their first-quarter earnings is nothing short of perplexing. Reporting an adjusted profit of $5.58 billion, the oil titan surpassed the consensus expectation of $5.09 billion, a noteworthy feat amidst prevailing economic turmoil. However, while the headline figures merit applause,
The holiday season has morphed into a commercial frenzy, with retailers vying for dominance by strategically placing Christmas merchandise on shelves earlier and earlier each year. This phenomenon—often dubbed “Christmas creep”—has seen sales reaching sky-high figures, but at what cost? With tariffs looming over the retail landscape, the holiday cheer we’ve come to expect might
The landscape of peer-to-peer payments is witnessing a relentless clash between two titans: Venmo and Cash App. As of recent earnings reports from their respective parent companies, the dynamics of this competition have taken a dramatic turn. PayPal’s Venmo has emerged victorious this quarter, charting a course of robust growth under the stewardship of CEO
Eli Lilly’s latest quarterly report paints a picture of a pharmaceutical titan riding the wave of explosive demand for its diabetes and weight loss medications. Touted as game-changers, drugs like Mounjaro and Zepbound have posted staggering revenue gains; Mounjaro alone raked in $3.84 billion, a phenomenal 113% increase compared to last year. On the surface,
Elon Musk, a figure known for his unyielding approach towards innovation in technology, recently turned his gaze towards a phenomenon that plagues government agencies—wasteful expenditure. His parting shot before the dissolution of his Department of Government Efficiency advisory board involved a critical examination of the Federal Reserve’s $2.5 billion renovation project. Musk’s incredulity is palpable
As gold prices soar to unprecedented heights, surpassing $3,500 per ounce, a lucrative opportunity has emerged for investors seeking safe havens amidst economic uncertainty. However, a critical examination reveals a looming fiscal trap that could significantly diminish these profits for holders of gold exchange-traded funds (ETFs). While the allure of gold as a reliable investment