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Affirm, the pioneering buy now, pay later (BNPL) service, experienced a significant surge in its share prices, skyrocketing 22% in trading after reporting financial results for the second quarter that surpassed Wall Street’s expectations. This remarkable performance comes as a reassurance to investors during a holiday shopping season that proved more lucrative than initially forecasted.
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In recent months, a troubling trend has emerged concerning credit card utilization among Americans, highlighting an alarming rise in debt levels. In 2024, credit card balances in the United States reached an unprecedented $1.17 trillion—a staggering milestone that raises flags across the financial landscape. This issue is not limited to lower-income households; even individuals with
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President Donald Trump’s administration has once again brought attention to the controversial carried interest loophole, which has long been a centerpiece of tax reform discussions. This tax provision allows fund managers—particularly those in private equity, venture capital, and hedge funds—to pay lower taxes on a portion of their income. Specifically, earnings derived from carried interest
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Pell Grants are a cornerstone of financial aid for many college students in the United States, particularly those from low-income households. As nearly 75% of undergraduates benefit from some form of financial assistance, the significance of these grants cannot be overstated. However, recent developments indicate a potentially alarming trend in Pell Grant funding that could
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In the ever-evolving landscape of technology, few sectors garner as much attention and investment as artificial intelligence (AI). As we move into 2025, the megacap technology firms—Meta, Amazon, Alphabet, and Microsoft—are establishing ambitious plans to not only expand their capabilities but to assert dominance in the AI market. Estimates show that these companies are poised
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The financial landscape is undergoing a notable transformation, characterized by a surge in activity among big banks and an emerging opportunity for small-cap stocks. The policies established during the recent administration have significant implications for these two sectors of the market, each responding to regulatory changes and economic shifts in markedly different ways. The major
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Becton Dickinson (BDX) stands as a prominent player in the global landscape of medical technology. The company specializes in manufacturing a diverse array of medical supplies, devices, laboratory equipment, and diagnostic products aimed at enhancing healthcare delivery. Operating primarily for healthcare institutions, clinicians, life science researchers, and the pharmaceutical industry, BDX has carved a substantial