Before Ford (F) CEO Jim Farley was in the position he is in now, his predecessor made a ballsy move that still dictates the direction of the automaker today. In 2018, the Blue Oval discontinued passenger cars for the United States market, save for the iconic Mustang pony car. Citing declining profits and plunging demand, … Read more
Gary and Jay write in Your First Home, “Markets go up and down. The reality is there’s never really a perfect market—just the market you’re dealing with when you’re buying your home.” Mirroring this quote, the market in 2024 and 2023 has given buyers challenges – and opportunities. June is National Homeownership Month, and it’s … Read more
The gametech industry in the Middle East and Africa (MEA) is growing significantly, driven by increasing mobile use and a young, tech-savvy population. Countries like Saudi Arabia, Nigeria, and Türkiye are emerging as key markets, offering opportunities for innovation as fintech and gaming continue to converge. Gametech has gained global popularity, fuelled by increased digitalisation … Read more
With buyers seeking greater assurance on a business’s quality and growth potential, preparation is everything for company owners looking to sell, says James Goold, partner at global law firm Taylor Wessing.
A reader asks: I know Ben talked about rate cuts and the stock market a few weeks ago but what about the economy? Did Powell just guarantee a soft landing by cutting 50 basis points this week? There are no guarantees in life or the markets, unfortunately. The rate cut helps the soft landing scenario … Read more
Costco’s (COST) reaping day is yet to come, with bigger gains anticipated this holiday season. Adobe has recently projected U.S. online sales to reach $240.8 billion during the 2024 holiday season, marking an 8.4% year-over-year increase, according to thefly.com’s report on Sept. 25. This growth signals a resurgence in consumer confidence as the U.S. economic … Read more
Updated on September 28th, 2024 by Felix Martinez International REITs could be a valuable option for investors interested in diversifying their portfolios. There are many international Real Estate Investment Trusts based outside the U.S. with quality business models and high dividend yields. One example is Granite Real Estate Investment Trust (GRP.U) (GRT-UN.TO), a Canadian REIT. … Read more
There was hope that, once the Federal Reserve started to cut interest rates on Sept. 18, some sort of huge rally might emerge. It didn’t exactly happen. Interest rates have been up a little. Stocks have climbed a bit higher, especially the Nasdaq Composite and Nasdaq-100 indexes. Microsoft (MSFT) , Amazon.com (AMZN,) and even Apple … Read more
“First they ignore you, then they laugh at you, then they fight you, then you win.” This is one of my favorite quotes. I’m not sure who said it, although it’s been incorrectly attributed to Mahatma Gandhi. To me, it describes the disruptive force of technology — incumbents ignore the upstarts, laugh at them, try … Read more
The introduction of telemedicine in Murang’a County, Kenya, is bringing healthcare services closer to the people. A pilot program has been initiated in the county to decentralize healthcare, reduce the crowds in major hospitals, and ensure that Murang’a residents receive quality medical care. One of the best benefits is the ability for patients to talk … Read more