FINANCE
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What it means for logistics
United States Cold Storage has introduced automated appointment scheduling through the use of FourKites’ AI agent, “Alan”. US Cold Storage, which operates 38 facilities nationwide, has long struggled with the complexities of coordinating inbound deliveries and outbound dispatch in a highly regulated, sensitive environment. The company identified appointment scheduling as one of the biggest efficiency drains; logistics teams spend hours…
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Gold hits $4,000 for the first time ever
The price of gold surpassed $4,000 on Tuesday, Oct. 7 for the first time ever as the government entered its seventh day of a partial shutdown. Gold futures were trading at $4,006 around 11 a.m. ET before slipping under the benchmark but quickly recovered. The commodity is up 50% year to date. Gold has continued to rise as the U.S.…
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I’m 62 and want to move my $200K IRA to a money-market account. Am I overreacting?
“I have $350,000 in home equity, $1 million in a 403(b), $80,000 in a Roth IRA, $40,000 in an HSA and $60,000 in cash.” (Photo subject is a model.) – Getty Images I’ll be 63 next month. I’ve been retired for almost a year. I’m single, have no debt, and I’m in excellent health. I have $350,000 in home equity,…
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PepsiCo’s (PEP) Strength in the Consumer Staples Sector
PepsiCo, Inc. (NASDAQ:PEP) is included among the 12 Best Dividend Aristocrat Stocks to Invest in Right Now. Dividend Growth and Stability: PepsiCo’s (PEP) Strength in the Consumer Staples Sector PepsiCo, Inc. (NASDAQ:PEP) is a leading global packaged food and beverages company with a wide range of top brands. Its beverage portfolio includes Pepsi, Mountain Dew, and Gatorade, and its food…
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Trump’s new executive order could dramatically change your retirement account — why you need to be careful now
New rules are expanding what Americans can hold in their 401(k)s and other tax-advantaged retirement accounts. An executive order signed by President Donald Trump has opened the door for certain “alternative assets” — like private credit, private equity, and even cryptocurrencies — to be included in their portfolios. [1] Proponents say this shift “democratizes” access to investment opportunities traditionally reserved…
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Bitcoin falls below $110,000 as ‘cautious tone’ sweeps over market
Bitcoin (BTC-USD) slipped below $110,000 on Thursday amid a broader sell-off in crypto and stocks. The largest cryptocurrency declined more than 3% while ethereum (ETH-USD), solana (SOL-USD), and other coins saw even bigger drawdown in what has been a rocky week for the crypto market. Ether fell roughly 5% to below $3,900 before paring losses, marking its lowest level since…
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‘I Didn’t Know Any Better to Ask Questions Because How Could I?’ Graduate Breaks Down After Learning Student Loans Carry Credit-Card-Level Interest
A viral TikTok video exposing high student loan interest rates has sparked nationwide outrage over lending practices where teenagers feel trapped in debt they cannot understand or escape. Alyssa Jeacoma, 26, discovered that her student loans carry interest rates as high as 17%, which is higher than many credit cards, despite making $1,500 monthly payments for two years. Her tearful…
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loanDepot, Inc. (LDI): A Bull Case Theory
We came across a bullish thesis on loanDepot, Inc. on wallstreetbets subreddit by Blamurai. In this article, we will summarize the bulls’ thesis on LDI. loanDepot, Inc.’s share was trading at $4.2700 as of September 12th. LDI’s trailing P/E was 158.73 according to Yahoo Finance. Pixabay/Public Domain LoanDepot (LDI) is a tech-enabled retail mortgage originator and loan servicer, focused on…
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The world’s 3 richest people are worth a combined $1 trillion — about as much as Warren Buffett’s Berkshire Hathaway
The world’s three wealthiest people are together worth over $1 trillion. Elon Musk, Larry Ellison, and Mark Zuckerberg are so rich thanks to big stakes in their companies. Ellison has nearly doubled his net worth this year thanks to an AI-fueled surge in Oracle stock. The three wealthiest people on the planet are worth a combined $1 trillion, about as…
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Famed economist warns extreme stock valuations point to negative returns ahead
A stock trader at work at the New York Stock Exchange on February 24, 2020.Johannes Eiselle/Getty Images David Rosenberg warns of negative S&P 500 returns due to high valuations. The Shiller CAPE ratio on the index is at its third-highest level ever. At the same time, recession risks are rising as the labor market slows, Rosenberg warned. David Rosenberg isn’t…
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