News

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United Airlines Anticipates Q1 Loss from Boeing 737 Max 9 Grounding
United Airlines announced on Monday that it anticipates a first-quarter financial setback, attributing it to the Federal Aviation Administration's (FAA) grounding of Boeing 737 Max 9 planes. The move comes in the aftermath of an incident during an Alaska Airlines flight on January 5, where a part malfunction occurred on the same type of aircraft. …
Anticipated 2024 Mortgage Rate Decline: Potential Monthly Savings Revealed
In 2024, housing market experts predict a nearly 1% decrease in mortgage rates, potentially lowering the average from 6.6% to as little as 5.75%. This reduction could translate to approximately $200 in monthly savings for buyers on a median-priced home. Recent data from Freddie Mac shows a drop to 6.6%, the lowest since May 2023, with expectations …
Boomer Homes Targeted by Generation Z as Millennials Take a Backseat
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…
America Reinstates Ban on Importing Apple Watches
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 …
Sheryl Sandberg to step down from Meta’s board of directors
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…
Apple’s Watch Ban Workaround Approved, but Customer Disapproval Looms
(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 …
Survey Reveals Americans’ Key Financial Resolution for 2024 
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…
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