Investing in real estate has long been considered one of the best ways to secure long-term financial stability. According to recent surveys, a significant percentage of Americans believe that real estate is a top long-term investment option. Among the various ways to invest in real estate, real estate investment trusts (REITs) are gaining popularity due
The U.S. Department of Transportation recently made significant amendments to the Transportation Infrastructure Finance and Innovation Act (TIFIA) program. These changes, outlined in the 2021 Infrastructure Investment and Jobs Act (IIJA), aim to provide clarity on interest rates for longer-term loans and expand eligibility criteria for projects. The TIFIA program, established in 1998, plays a
In 2024, Citigroup’s stock (C) has outperformed major equity benchmarks, with a year-to-date gain of around 22% compared to the S&P 500’s 13%. Despite this strong performance, a detailed technical analysis using multiple time frame analysis indicates a potential downside reversal. The weekly chart reveals a sharp and consistent rise in Citigroup’s stock price, reaching
In early European trading, the U.S. dollar has stabilized while the euro has gained momentum as investors look ahead to the European Central Bank’s policy-setting meeting. The Dollar Index, which tracks the greenback against a basket of currencies, saw a marginal increase to 104.265 at 04:00 ET. The dollar has been on shaky ground this
The recent decision by the Bank of Canada (BoC) to cut interest rates by 25 basis points had a minimal and brief impact on the Canadian dollar. Analysts from ING suggest that this lackluster response may have been due to market anticipation of a 20 basis point cut prior to the official announcement. The BoC
The recent development in contract talks between American Airlines and the Association of Professional Flight Attendants has brought to light the ongoing struggle for fair wages. Despite CEO Robert Isom’s proposal to immediately raise pay by 17%, the union representing American Airlines flight attendants rejected the offer. This decision has potentially brought the threat of
Nvidia, despite reaching a new record high, continues to be considered inexpensive due to the rapid pace of its earnings growth. Eric Jackson from EMJ Capital believes that there is no artificial intelligence bubble in sight and that Nvidia’s massive quarters are likely to continue. With earnings per share increasing nearly 600% in the latest
The New York Stock Exchange experienced a technical issue on Monday, June 3, causing A-class shares of Warren Buffet’s Berkshire Hathaway to appear to be down by nearly 100%. This glitch also impacted trading in Barrick Gold and Nuscale Power, leading to trading halts in these stocks. Despite the quick resolution of the problem and
Boeing CEO Dave Calhoun is set to testify before a Senate panel on June 18th in response to whistleblower allegations and concerns about quality control within the aircraft manufacturing company. Senator Richard Blumenthal, chairman of the Senate Permanent Subcommittee on Investigations, expressed the importance of Calhoun’s testimony in addressing Boeing’s failures and rebuilding public trust
Recently, Kansas legislative leaders extended a formal invitation to the National Football League team, the Kansas City Chiefs, to consider relocating to Kansas. In a letter released to the public, Senate President Ty Masterson and House Speaker Dan Hawkins invited Chiefs Chairman and CEO Clark Hunt to participate in discussions during a special legislative session.