The recent report by British asset manager Janus Henderson highlights a positive trend in global dividend payouts to shareholders, reaching a record $1.66 trillion in 2023. This represents a 5% year-on-year increase on an underlying basis, with the fourth quarter showing a significant 7.2% rise from the previous three months. The report attributes this growth
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Ken Griffin, the founder and CEO of Citadel, has expressed his belief that the Federal Reserve should take a cautious approach when it comes to cutting interest rates to combat inflation. During the International Futures Industry conference in Boca Raton, Florida, Griffin emphasized the importance of not rushing into rate cuts. He warned that a
The recent changes made by the Biden administration in the student loan bankruptcy policy have brought relief to many borrowers. According to consumer bankruptcy lawyer, Malissa Giles, clients have successfully received forgiveness for their debts under the new guidelines. This discharge has been described as life-changing for both the borrowers and their families. In the
It is no secret that former President Donald Trump has faced numerous legal battles throughout his career. However, recent court filings by New York Attorney General Letitia James have shed light on Trump’s financial vulnerabilities. In a court filing, James warned that Trump may not have the necessary funds to cover a $464 million civil
Frontier Airlines recently announced the launch of UpFront Plus, a new add-on option designed to provide passengers with more space and comfort during their flights. This option will be available in the first two rows of the airline’s Airbus planes, where the middle seat will be blocked, ensuring that passengers do not have to deal
The chief executive of Denmark’s Lego recently discussed the struggles faced by the world’s largest toymaker in the previous year. Despite the challenges, Lego reported a 2% increase in revenue in 2023, reaching 65.9 billion Danish krone (approximately $9.65 billion). CEO Niels Christiansen acknowledged that it was a difficult year for the company, but highlighted
The IRS has recently rolled out a new tax filing program called Direct File, which aims to provide a free and convenient option for taxpayers to file their taxes directly with the agency. The program has been tested in 12 pilot states and is open to taxpayers with simple tax situations. This initiative has the
In a year where the global toy industry saw a decline in sales, the Lego company managed to grow its revenue by 2%. This is a remarkable feat considering that the overall industry experienced a 7% drop. The pandemic-era gains that once fueled exponential growth in toy sales have now subsided, as consumers are becoming
Oracle recently reported its quarterly earnings, surpassing Wall Street’s expectations and resulting in a 13% increase in shares during extended trading. The company’s performance in the fiscal third quarter ending February 29 outperformed estimates by LSEG. Oracle reported adjusted earnings per share of $1.41, compared to the expected $1.38. Additionally, the company’s revenue reached $13.28
Jessica Berman, the commissioner of the National Women’s Soccer League (NWSL), has taken on the challenge of transforming the league amidst a crisis. With allegations of abuse and misconduct, Berman stepped in to rebuild trust, foster a safe environment, and bring about positive change in the organization. Her journey from a labor and employment lawyer
