Author: News Room

If you love to travel, you have probably seen how high some vacation prices are these days. Even with a champagne budget, you might only find cheap beer travel options. Keep reading as we share some tips to travel well without breaking the bank. Putting extra effort into stretching your travel dollars can help you either travel more or save some money. Here Are Five Ways I Stretch My Travel Dollars For More Luxury Travel Each Year. -Try To Plan Ahead- AKA Book Early I recently took a trip with friends. We were all flying to the same place on…

Gwyneth Paltrow’s ski accident trial was not as alluring as the Johnny Depp and Amber Heard case, but it still attracted people who couldn’t look away. At a minimum, it was worth losing half a day of skiing to check it out. In the end, a Park City, Utah, jury deliberated for less than three hours after being handed the case and they came down in favor of the Oscar-winning star. Jurors awarded Paltrow $1 in damages, ruling Dr. Terry Sanderson was 100% at fault in the 2016 collision on the slopes at Deer Valley Utah. Paltrow’s accident with the…

Jason R. Escamilla, founder and CIO of ImpactAdvisor LLC in San Francisco, has seen it all before. It was nearly 30 years ago when he initially tried Socially Responsible Investing (“SRI”), the predecessor of ESG. And he was cool with it. Until everything changed. “ESG/SRI used to be about selectivity and choice,” says Escamilla. “I first got involved with SRI/ESG investing in the 90s. For decades, it was about selectivity and choice or preferences—primarily among institutional investors/clients. Funny thing happened on the way to going mainstream. ESG became the bully. The divestment movements ushered in powerful attention and support from…

A federal appeals court has issued a ruling that clears the way for the Biden administration to implement student loan forgiveness and other debt relief under a landmark settlement to resolve stalled Borrower Defense to Repayment claims. Here’s the latest. $6 Billion Student Loan Forgiveness For Over 200,000 Borrowers In Sweeping Settlement With Biden Administration A federal district court ruled in February that settlement relief to resolve Sweet vs. Cardona could proceed. The class action lawsuit had pitted thousands of student loan borrowers against the Education Department for several years. The class of borrowers alleged that department officials had illegally…

After a 20% growth over the last six months, at the current price of around $66 per share, we believe Restaurant Brands International Inc. stock (NYSE: QSR), one of the largest fast-food restaurant chains in the world, including Burger King, Tim Hortons, Popeyes, and, since late 2021, also Firehouse Subs – is fairly priced in the near near term. QSR stock has increased from around $55 to $66 in the last six months, outperforming the broader indices, with the S&P growing about 8% over the same period. QSR’s stock growth can be attributed to its solid business. All four company…

Key takeaways McDonald’s is making remote layoff announcements to corporate employees after shutting its offices temporarily, having announced the job cuts earlier this year The fast food mega-chain’s stock was up 0.9% at the news and is overall up nearly 7% this year McDonald’s is considered a ‘safe’ stock, but it faces some hurdles in the near future Fast food titan McDonald’s is laying off corporate employees this week as it concludes the review process, having temporarily shut the offices so it can do the deed remotely. The layoffs were announced earlier this year in another blow to white-collar workers,…

OBSERVATIONS FROM THE FINTECH SNARK TANK Wall Street veterans and politicians have made quite a few unsupported—and, in at least one case, offensive—explanations for why Silicon Valley Bank collapsed and what should be done to rectify the situation. What Caused The Silicon Valley Bank Collapse? Citing the bank’s proxy statement—which noted that nearly half of its board consists of women and has “1 Black, 1 LGBTQ+, and 2 Veterans”—Wall Street Journal columnist Andy Kessler wrote, “I’m not saying 12 white men would have avoided this mess, but the company may have been distracted by diversity demands.” Distracted by diversity demands?…

The start of a financial crisis is like finding rotting food in your fridge. Something starts to smell, and you think you know what’s rotting, but when you investigate you find something that’s much worse at the very back of the fridge that you hadn’t thought about in weeks. This may just be my fridge, but you get the analogy. Commercial real estate loans, sitting at midsize banks throughout the US, are the hidden problem we are all starting to remember. Commercial real estate loans in the US are approaching $2.9 trillion as per the St. Louis Fed, and an…

By Anant Chandak BENGALURU (Reuters) – The Bank of Korea will opt to support a rapidly slowing economy by holding its main interest rate at 3.50% on Tuesday, according to a Reuters poll of economists that showed a slim majority now expect a 25-basis-point cut by the end of 2023. Policymakers at the BoK, who have raised rates by 300 basis points since August 2021, are wary of overtightening an export-dependent economy that is on the brink of a recession, especially when global growth is also slowing. Inflation eased to a one-year low of 4.2% in March, but it is…

By Peter Nurse Investing.com – The U.S. dollar rose strongly in early European trade Monday as surging oil prices raised inflation concerns, which could prompt the U.S. Federal Reserve to lift interest rates at its next meeting. At 03:00 ET (07:00 GMT), the , which tracks the greenback against a basket of six other currencies, traded 0.4% higher at 102.560, after earlier breaking past 103 for the first time in a week. The index had dropped 1.8% in March, pressured by concerns that turmoil in the banking sector would hit economic activity, prompting the to pause its monetary tightening cycle…