China holds a significant portion of the world’s critical minerals supply chain, including tungsten. This metal, known for its hardness and high energy density, plays a crucial role in various industries such as weapons, autos, electric car batteries, semiconductors, and industrial cutting machines. Chipmakers like Taiwan Semiconductor Manufacturing Company and Nvidia rely on tungsten for
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The Florida Panthers, the Stanley Cup champions, recently announced a significant change in their broadcasting strategy. They have chosen to move away from the cable TV regional sports network that has been their home for many years and signed a multiyear deal with E.W. Scripps to air their regular season games on local broadcast networks
As interest rates have risen to combat inflation, the opportunity to earn up to 5% annual returns on savings accounts and other low-risk investments has become more attractive. However, some experts are cautioning investors against becoming too comfortable with these safe returns and missing out on the potential for higher returns in the market. Callie
Individual retirement accounts have been steadily growing over the years, causing potential tax issues for retirees and their beneficiaries. According to the Employee Benefit Research Institute, the median IRA or self-employed Keogh balance has increased to $87,000 in 2022, up from $81,144 in 2019. Additionally, a report from Fidelity found that the average IRA balance
Media mogul Barry Diller has recently emerged as a potential suitor for Paramount Global. Diller, who is the chairman of IAC, an internet media and publishing company, is exploring the possibility of acquiring National Amusements Inc., the company owned by Shari Redstone and the controlling shareholder of Paramount. Diller’s IAC has signed a nondisclosure agreement
General Motors recently reported its best quarterly sales in over three years, signaling positive growth for the Detroit automaker. Sales reached 696,086 units in the second quarter, a 0.6% increase from the previous year. Notable increases were seen in full-size pickup trucks and all-electric vehicles, with EV deliveries jumping by 40% to 21,930 units. Despite
Amidst the challenges faced by college applicants in 2024, one factor emerged as the primary influencer when it came to choosing a school: financial aid. While financial aid has always played a crucial role in college decisions, this year, issues with the new federal financial aid application process have heightened its significance. The delays in
Passion tourism, a trend that revolves around people’s personal interests and cultural events, is on the rise among Americans. The recent example of Americans traveling abroad to attend Taylor Swift concerts highlights the growing interest in combining travel with passion. From London to Amsterdam, fans are making an effort to see their favorite artist perform
The Manhattan real estate market is experiencing a shift towards becoming a buyer’s market, with apartment prices falling and inventory rising in the second quarter of 2024, as per recent reports. The average real estate sales price in Manhattan has dropped by 3%, settling just above $2 million. Similarly, the median price has decreased by
In today’s economy, despite the unemployment rate remaining at a near record low, there are still individuals who are not in employment, education, or training, known as NEETs. This group of individuals is opting out of the labor force, often due to discouragement from their economic standing. Young adults, especially those between the ages of