Asia’s growing tribe of ETF investors swells assets to US$1.3 trillion – South China Morning Post
Luke is part of a growing group of investors in Asia who are investing in ETFs. Low-cost, diversified and transparent, these products are becoming an increasingly go-to option for both retail and institutional investors, with the region becoming the fastest growing in the world. According to independent research and consulting firm ETFGI, total ETF assets […]
Washington Post editorial board weighs in on Biden stepping down: ‘In denial’
The left-leaning Washington Post editorial board released an op-ed titled “Biden remains in denial. He needs to come to grips with reality” on Friday, further reinforcing their position that President Joe Biden should step down. They said Biden is “oblivious to political furor surrounding him and in denial about his frailty, personally and politically” as […]
Dow hits all-time high as it zips through 40K for first time since May – New York Post
The Dow Jones Industrial Average hit a record high on Friday, as stocks that had been struggling this year rallied on optimism that the Federal Reserve will begin easing monetary policy in September, while big banks fell after mixed earnings reports. The Dow Jones Industrial Average rose 338.69 points, or 0.8%, to 40,092.44, beating its […]
IRS reports collecting $1 billion from rich households’ back taxes – The Washington Post
The IRS announced Wednesday that it has collected $1 billion in taxes and penalties from hundreds of wealthy households who have accumulated years of delinquent tax debt amid a weakening of IRS enforcement. “The tax claims were not even in dispute. Clearly these people owed back taxes,” IRS Commissioner Danny Wuerfel said on a conference […]
Jaylen Brown makes cryptic post after Derrick White gets Olympic nod
Maybe all is not perfect in Boston after all. While the Celtics won their NBA-record 18th championship in June, one of the team’s stars posted a cryptic message on social media after a decision was made that was beyond his control. After it was announced that superstar Kawhi Leonard would be withdrawing from playing for […]
‘Wheel of Fortune’s’ Vanna White dispels rift rumors with Ryan Seacrest in pointed Instagram post
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Fifth Third Bank to pay $5 million to settle auto insurance allegations – The Washington Post
Fifth Third Bank has agreed to pay millions of dollars to settle allegations that it forced auto loans. The scheme led to customers taking out duplicate auto insurance policies, resulting in higher monthly payments and, in some cases, resulting in the seizure of vehicles from customers who could not pay. The Consumer Financial Protection Bureau […]
Davante Adams sends message to Chargers after ‘garbage’ post
Davante Adams is apparently having some sort of feud with a division rival’s social media team. During an appearance on “Up and Adams” on Tuesday, the Raiders’ star wide receiver fired back at the Chargers, who featured his picture next to a box of trash-flavored imitation Pop-Tarts when they released the team’s schedule in May. […]
FACT CHECK: Instagram Post Falsely Claims Michael Flynn Listed As Donald Trump’s Vice President On FEC Filing
image Share on Instagram This is according to recent Federal Election Commission (FEC) filings that listed retired U.S. Army Lt. Gen. Michael Flynn as the presumptive 2024 Republican candidate and vice president to former President Donald Trump. Verdict: False Flynn denied the allegations in a statement posted to his verified X account on July 3. […]
Michigan AG seemingly implies Biden should resign in post about Alex Morgan
DEXTER, Mich. — A leading Michigan Democrat tweeted about 35-year-old soccer player Alex Morgan being removed from the U.S. women’s Olympic team and appeared to suggest President Biden should resign. A post from state Attorney General Dana Nessel seemed to suggest the president should “gracefully” embrace his age and “pass the baton” for the country. […]