The market talk this week is … Tesla. Tesla’s groundbreaking Robotaxi event is coming Thursday, October 10. To get the market in a frenzy, last week Elon put out this tweet: And just like the market, we’re excited to find out what surprises he has in store. Banyan Hill analyst Andrew Prince joins me this … Read more
While cruise lines like to sell add-ons because they make the company more money, some extra-fee items also prevent customer service issues. A drink package, for example, makes it so the cruise line does not have to deal with angry passengers who run up huge a la carte bills. Some people don’t listen and, well, … Read more
Mastercard Gateway is a global payment platform that offers protection from fraud and simplifies payment acceptance. The main forces behind this change are the speed, security, and ease of use provided by digital wallets and mobile money. Mobile money services like MTN Mobile Money, Airtel Money, and Kenya’s M-Pesa are becoming to become well-known brands. … Read more
The Art of Investing is an incredibly insightful book that educates readers about the concept of investment. According to Warren Buffet, if you don’t find a way to make money while you sleep, you will work until you die. So what is investing?Investing refers to allocating resources, usually money, to generate an income or profit. … Read more
As you’re undoubtedly aware, publicly-traded stocks make up a large portion of super investor Warren Buffett’s Berkshire Hathaway (BRK.B) . The company owns more than 40 positions with a market value near $300 billion, close to one-third of Berkshire’s $984 billion market capitalization. So, these holdings matter to the company. Financial icon Warren Buffett, America’s investor-in-chief … Read more
Popular clothing retailer H&M (HNNMY) , which operates over 500 stores in the U.S., is beginning to feel the brunt of a major change in consumer behavior. The retailer just revealed in its third-quarter earnings report for 2024 that its customers are starting to pull back on their spending, and it’s having a negative impact on … Read more
Most retirees rely on Social Security payments for consistent income and to meet the pressure of inflation. This reliability provides a foundation for retirement earnings, but for many, it is the sole source of income in their later years. The average monthly Social Security retirement check is $1,907 as of January 2024, and one in … Read more
About two weeks ago, Amazon (AMZN) shook up corporate America by announcing a major change to its work culture. Amazon CEO Andy Jassy revealed in a memo to employees on Sept. 16 that, starting on Jan. 5, 2025, employees will need to return to working in the office five days a week in order for … Read more
This mismatch is evidenced in weekly spending habits; the average individual spends about $340 per week, overshooting their budgeted $197 by $143. This annual overspend amounts to roughly $7,400, based on reports from CNBC – a significant sum that could have been channeled into savings or investments. This discrepancy extends to debt accumulation, with consumers … Read more
Cruise ship entertainers, at least on Royal Caribbean ships, have passenger-like privileges. They can eat in the main dining room or at the Windjammer buffet. In addition, they can dine at specialty restaurants, albeit for the same price passengers pay. Solo musicians — the Schooner Bar piano player and the pub guitarist — get their … Read more