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The vast influence of baby boomers on the American housing market is undeniable, with their ownership of nearly $19 trillion worth of real estate dwarfing that of millennials and Gen Xers. As this generation, often referred to as the "Me" generation, ages, a looming question arises: What happens to the housing market when boomers pass away or trans…

USA Restores Import Prohibition on Apple Watches, In a recent court filing, a federal appeals court has rejected Apple's bid to temporarily lift the ban on importing advanced models of the Apple Watch, with the ban set to be reinstated on Thursday. This decision follows Apple's appeal of a ruling by the US International Trade Commission (ITC) that …

In a recent Facebook post, former Meta Chief Operating Officer Sheryl Sandberg announced her decision not to seek reelection to the company's board of directors when her term concludes in May. Having dedicated over 14 years as the COO and another 12 years on the board, Sandberg shared her gratitude and memories, expressing her intention to shift fo…

Vivek Ramaswamy's presidential campaign drew inspiration from Will McAvoy's nostalgic critique of America's golden age in The Newsroom. Ramaswamy, an unapologetic Hindu-American Republican, positioned himself as a Trump-like figure challenging political correctness. His campaign videos emphasized America's founding principles and criticized the cur…

(Source - Business Standard) Apple has secured approval to modify the functionality of its smartwatches, allowing the tech giant to circumvent the US court-imposed Apple Watch ban. The approved fix entails eliminating a feature previously marketed by Apple as a health-monitoring tool for customers. In a federal court filing on Monday, it was …

Germany is poised to navigate through its initial two-year recession since the early 2000s, following a contraction in its economy in 2023, influenced by the repercussions of heightened energy costs and weakened industrial demand. According to the German national statistics office, a confluence of "multiple crises" has contributed to a 0.3% decl…

In the wake of navigating through inflation and escalating prices, Americans are expressing increased optimism about their financial prospects in 2024, prompting a surge in financial resolution-setting, as revealed by a recent survey conducted by Edward Jones. The survey found that approximately 80% of Americans established at least one financial r…

(Source - Forbes) Sec gives bitcoin ETFs approval, After a temporary setback on Tuesday, the Securities and Exchange Commission (SEC) granted approval on Wednesday for several investment firms to offer "spot bitcoin" exchange-traded funds (ETFs). This widely anticipated move is poised to democratize bitcoin investing, making it more accessible t…

On Thursday at 8:30 a.m. ET, the latest inflation figures are poised for release, becoming a pivotal factor for investors seeking insights into the Federal Reserve's potential interest rate adjustments. Forecasts for the December Consumer Price Index (CPI) suggest a marginal uptick in annual headline inflation to 3.2%, compared to the previous mont…

Amazon is cutting jobs at its Prime Video and MGM Studios divisions, according to a memo sent by Mike Hopkins, the head of these units. The memo, viewed by CNBC, revealed that the company is eliminating several hundred roles to prioritize long-term business success. Hopkins stated that the decision comes after a thorough review of the business to e…