A production line of Wegovy injection pens for the Asian market at the Novo Nordisk A/S pharmaceutical manufacturing facility in Hillerod, Denmark, on Wednesday, Nov. 27, 2024. Bloomberg | Bloomberg | Getty Images One interpretation of the law of supply and demand is that when demand outstrips supply, scammers get busy. That’s certainly the case … Read more
Generative artificial intelligence probably won’t change your life in 2025 — at least, not more than it already has, according to Google CEO Sundar Pichai. When OpenAI launched ChatGPT two years ago, generative AI quickly captured the imagination of users around the world. Now, with the industry’s competitive landscape somewhat established — multiple big tech … Read more
Miniseries | E+ | Getty Images Housing is not cheap — whether you’re buying or renting. In October, the median sales price for a single-family home in the U.S. was $437,300, up from $426,800 a month prior, according to the latest data by the U.S. Census. Meanwhile, the median rent price in the U.S. was … Read more
Technology stocks stood tall in the first week of December trading, helping the S & P 500 and Nasdaq Composite finish Friday’s session at record closing highs. The tech-heavy Nasdaq lead the way with a 3.3% gain for the week. The S & P 500 closed nearly 1% higher. Both indexes are now riding three-week … Read more
President-elect Donald Trump’s fresh tariff threats ignited fears of another high-stakes trade war. Berkshire Hathaway Chair and CEO Warren Buffett opined at length in 2018 and 2019 about the trade conflicts that erupted during Trump’s first term. Then, the “Oracle of Omaha” said the Republican’s aggressive moves could cause negative consequences globally, including triggering inflation … Read more
Investors should consider scooping up shares of this pharmaceutical giant trading at a discount, according to longtime value investor Bill Nygren. ” Merck is attractive on a standalone basis, and it’s got really good portfolio characteristics,” said the portfolio manager at Oakmark Funds, who bought shares in the third quarter. “We’re heavy in financials, we’re … Read more
Before becoming a decades-long stable in hip-hop, R&B and pop music, Pharrell Williams was fired from three separate McDonald’s loctions. That didn’t stop the fast-food chain from calling on him when they needed a catchy jingle for their commercials. “I thought it was ironic, and I thought it was very funny,” Williams, 51, said during … Read more
If 2024 was the year that traditional foreign automakers were shown the exit on China’s car market, 2025 looks to be the year that a few local electric car companies can solidify their leadership. “In China, [new energy vehicle] leaders such as BYD are likely to consolidate their market position further, while foreign brands fade,” … Read more
A Chevron gas station in Richmond, California, US, on Wednesday, June 19, 2024. David Paul Morris | Bloomberg | Getty Images Adding dividend-paying stocks to a portfolio helps enhance total return while ensuring income and diversification. Moreover, the appeal of dividend stocks increases as interest rates decline, as is currently the case. Following the recommendations … Read more
From data entry mistakes to the results of identity theft, errors on your credit report can lower your credit score. That in turn can limit your ability to qualify for favorable interest rates on loans or new credit cards. If you monitor your credit reports on a regular basis, though, you can fix mistakes before … Read more