Scams are as old as commerce itself, but the alarming statistics of 2024 reveal a stark reality: consumers lost a staggering $5.7 billion to investment scams, marking a 24% increase from the previous year, according to the Federal Trade Commission (FTC). In a world that prides itself on technological advancement and financial literacy, such a
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In an unprecedented move, Delaware’s legislators are embarking on a journey to amend the state’s corporate law, culminating in what’s known as Senate Bill 21 (SB 21). A bill spearheaded by Senate Majority Leader Bryan Townsend aims to make Delaware a more attractive haven for corporations. However, this superficial attempt to appease business executives, led
As summer approaches, the cinematic climate remains tepid, with the box office struggling to find its footing. This sluggishness poses a significant challenge for studios accustomed to robust ticket sales during blockbuster season. However, amidst this dreary backdrop, the frenzy surrounding Disney’s live-action adaptation of Lilo & Stitch, set to debut on May 23, provides
In an unexpected twist, the data management firm Rubrik showcased impressive results that sent its stock soaring by 18.5%. Analysts had anticipated a more substantial loss of 39 cents per share for its fourth quarter, but the company managed to narrow this to just 18 cents. While it still may not be in the profit
The discourse surrounding inflation has become an omnipresent specter haunting businesses and consumers alike. Dollar General’s CEO, Todd Vasos, has voiced a chilling truth: those who rely on discount retailers are feeling the financial pinch more than ever. The stark reality is that many of Dollar General’s customers are grappling with insufficient funds for even
In an environment fraught with economic uncertainty, Jack Dorsey’s Block has opted for a bold expansion into the consumer lending space. With a staggering 30% decline in its stock this year and disappointing revenue growth figures, the company’s move to secure approval for originating loans through its banking subsidiary, Square Financial Services, raises eyebrows. This
In an ever-evolving financial landscape, the uncertainty plaguing global markets has never been more palpable. With geopolitical tensions and economic fluctuations creating palpable anxiety among investors, it is no surprise that more individuals are looking for products that offer protection. Enter buffer exchange-traded funds (ETFs), specifically the newly launched Goldman Sachs U.S. Large Cap Buffer
Silicon Valley is witnessing a significant transformation among its earliest-stage companies, primarily fueled by the burgeoning capabilities of artificial intelligence (AI). The known startup accelerator Y Combinator, which boasts a legacy of backing renowned businesses such as Airbnb and Dropbox, recently concluded its annual demo day in San Francisco, showcasing an impressive array of startups
At a time when many political leaders are wringing their hands over climate change, President Donald Trump’s energy team is forging a path that some considermore sensible and practical than environmentalist ideologies. Under the leadership of Interior Secretary Doug Burgum and Energy Secretary Chris Wright, the administration aims to empower oil, gas, and mining industries,
The elevation of Lip-Bu Tan to the helm of Intel comes with a staggering compensation package, amounting to approximately $66 million in long-term incentives and options. This sizable financial commitment underlines a critical moment for Intel, which has faced significant challenges in recent years. While many celebrate this bold move as an indication of hope