The recent appointment of a new CEO at Vanguard has sparked discussions about the future of customer service at the asset management giant. Vanguard, known for its low-cost and investor-friendly approach, has faced criticisms about its customer service in recent years. Complaints about the difficulty of reaching a representative on the phone have been circulating
Investing
Investing in the stock market can be a rollercoaster ride, especially during volatile times like earnings season and the upcoming elections. However, one way to smooth out the bumps in your portfolio is by investing in dividend-paying stocks. These stocks not only provide a steady stream of income but also offer the potential for long-term
In the wake of recent political turmoil, the financial markets are facing a period of uncertainty as a new administration prepares to take office in January 2025. Traders and investors are left wondering what lies ahead for the economy, and how it will be impacted by the policies of the incoming government. With stark differences
Billionaire investor Bill Ackman has decided to postpone the highly anticipated listing of Pershing Square’s U.S. closed-end fund. According to a notice on the New York Stock Exchange’s website, the initial public offering of Pershing Square USA Ltd., with the ticker PSUS, has been delayed indefinitely. While the firm has not provided a specific reason
As demand for carbon-free energy continues to grow, NextEra Energy is considering restarting a nuclear plant in Iowa that ceased operations in 2020. The Duane Arnold Energy Center in Palo, Iowa had served for 45 years before closing down. NextEra CEO John Ketchum emphasizes the need for a thorough review of the risks involved in
With the introduction of spot Ether exchange traded funds (ETFs) set to begin trading, the cryptocurrency community is buzzing with excitement. These ETFs are poised to broaden the investor base for Ethereum, offering a new way to participate in the potential growth and utility of this revolutionary blockchain technology. Unlike existing Ether ETFs that track
Berkshire Hathaway, the conglomerate led by legendary investor Warren Buffett, made headlines by trimming its massive stake in Bank of America for the first time in over four years. The conglomerate sold 33.9 million shares of the bank for nearly $1.5 billion in a series of sales. This move, as indicated by a regulatory filing,
As EA Sports rolls out the long-awaited revamp of its college football game, fans of the old game are quickly realizing that they have a lot of practicing to do. The changes in gameplay have been compared to going from a flip phone to an iPhone, illustrating the significant transformation the game has undergone over
Billionaire investor Ken Griffin, known for his role as founder and CEO of hedge fund Citadel, made headlines recently with his purchase of a late-Jurassic stegosaurus skeleton for a whopping $44.6 million at a Sotheby’s auction. The skeleton, named “Apex,” is estimated to be around 150 million years old, standing at 11 feet tall and
The International Monetary Fund (IMF) recently issued a warning regarding the potential upside risks to inflation, which could impact the Federal Reserve’s decisions on interest rates in the coming months. According to the IMF’s latest World Economic Outlook update, there has been a concerning slowdown in global disinflation momentum, indicating potential obstacles ahead. The report