Last month marked a significant shift in the realm of used vehicle pricing, as highlighted by the Cox Automotive’s Manheim Used Vehicle Value Index. Prices saw a decline of 1.5% from April to May, a move that few anticipated given the previous month’s record highs. April was initially thrilling for both dealers and consumers, as
The news of BlackRock Inc. being removed from Texas’ blacklist of companies that “boycott” fossil fuels comes as both a surprise and a stark indicator of changing corporate dynamics. After three long years of being sidelined, this decision opens doors for a potential resurgence of fossil fuel investments in what can only be described as
In a surprising twist that left many in the political arena pondering their next moves, the Louisiana Senate’s Revenue and Fiscal Affairs Committee recently refrained from endorsing proposed tax cuts that would have drastically cut state revenue. The official estimate projected a staggering loss of $500 million annually, a figure that can’t be ignored when
Lululemon Athletica has recently navigated a financial minefield, posting earnings that, while marginally beating Wall Street expectations, have nonetheless prompted a dramatic 20% plunge in its stock value during extended trading. It’s remarkable how a company can achieve earnings per share of $2.60—slightly surpassing requests of $2.58—and yet the market response is one of disbelief
The ongoing debate over the State and Local Tax (SALT) cap, particularly the House version of the One Big Beautiful Bill Act (OBBBA), highlights profound misunderstandings and misguided priorities in Congress. While raising the SALT deduction cap may appeal to particular high-tax states, the underlying financial dynamics expose troubling realities that policymakers seem unwilling to
Apple has long been a beacon of innovation and progress in the tech realm, but 2025 has thus far proven to be a rocky road for the company’s stock. Since the dawn of June, trends have shown that there’s a historical pattern whereby investors tend to rally in anticipation of new iPhone releases. Over the
The recent approval by Guam’s Consolidated Commission on Utilities to move forward with a $270 million bond sale for the Guam Waterworks Authority (GWA) is indicative of poor financial stewardship. While proponents of this plan tout its necessity for infrastructure improvements, the true implications of such a decision for local taxpayers are far more dire.
With an alarming prediction of heightened hurricane activity this season, it’s critical for property owners to reassess their homeowners’ insurance policies with utmost urgency. The National Oceanic and Atmospheric Administration (NOAA) has estimated a staggering 60% likelihood of experiencing above-normal Atlantic hurricane activity—a compelling reason to pay attention to insurance coverage. The forecast indicates 13
In an era where higher education institutions are grappling with enrollment declines and tight budgets, the University of Idaho’s recent decision to abandon its $685 million acquisition of the University of Phoenix raises critical questions about fiscal responsibility, strategic foresight, and institutional integrity. This decision followed two years of rigorous negotiations that ultimately culminated in
The financial landscape surrounding Apple Inc. has seen turbulent shifts recently, prompting an urgent conversation around the company’s valuation. Analysts, particularly from Needham, have downgraded Apple stock from “buy” to “hold” while also slashing the price target, signaling a shift in investor sentiment. While a cult-like following has historically buoyed Apple’s stock, such unwavering loyalty