Vanguard, known for its investor-friendly approach, has recently faced criticism regarding its customer service. As the new CEO Salim Ramji steps in, he has highlighted the need to enhance the customer experience. Leveraging artificial intelligence (AI) could be the key to addressing these challenges and improving Vanguard’s service standards. One common complaint among Vanguard customers
McDonald’s executives recently admitted that customers find their prices too high, especially lower-income consumers who have been affected by years of high inflation. This has led to a decline in same-store sales across all divisions, prompting the company to reevaluate its pricing strategy. In response to the pricing issue, McDonald’s is now taking a “forensic
The current earnings season has seen companies with disappointing quarterly results being punished more severely than usual. According to FactSet, second-quarter earnings misses have resulted in an average 3.8% decline for a stock from two days before the quarterly release through the two days after the report comes out. This is higher than the five-year
Evercore ISI strategists believe that the Federal Reserve will most likely not explicitly pre-signal a rate reduction at the September meeting. They argue that the leadership of the Fed is methodically building a case for a rate cut and establishing internal consensus before making any definitive decisions. This caution in signaling a rate cut is
Cryptocurrencies experienced a surge at the beginning of the final week of July, with Bitcoin seeing a 2% increase to reach $69,640.00 and Ether rising by 3% to $3,382.15. This uptrend comes as traders analyzed a series of political events that transpired over the weekend and anticipated central bank meetings scheduled for the week ahead.
Global stocks edged up on Monday as investors brace for a week full of earnings reports and central bank meetings. This week could see the United States and the UK potentially opening the door to interest rate cuts, while Japan may take steps towards “normality” by raising borrowing costs. Oil prices also inched up due
McDonald’s is set to release its second-quarter earnings report, and analysts have projected some key figures that the company is expected to announce. Despite these projections, McDonald’s has faced a slew of challenges throughout the year, which have reflected in its stock performance. The company’s shares have dropped by 15% year-to-date, largely due to concerns
Over the weekend, Ryan Reynolds experienced a historic moment in his acting career with the success of Deadpool & Wolverine at the box office. The actor took to his Instagram Story to express his shock and gratitude towards the fans who made it all possible. Reynolds admitted that processing the magnitude of this achievement was
Over the weekend, the movie Longlegs starring Nicolas Cage managed to rake in an impressive $6.7 million on 2,730 screens. This third week performance has allowed the film to surpass Parasite as the highest grossing film ever for the indie distributor. Not only that, but Longlegs has also claimed the title of the top grossing
Over the past weekend, Ryan Reynolds, Hugh Jackman, and Director Shawn Levy’s film, Deadpool & Wolverine, shattered box office records. The movie achieved the highest R-rated opening of all time, both worldwide and domestically, raking in an impressive $438.3 million globally and $205 million in the domestic market. This feat surpassed the previous record set
Former President Donald Trump made headlines during his keynote speech at the Bitcoin Conference in Nashville by hinting at the possibility of establishing an official U.S. bitcoin strategic reserve. However, instead of committing to this revolutionary idea, he merely pledged to maintain the current level of bitcoin holdings acquired from seizing assets from financial criminals.
In the midst of a volatile market, investors are always on the lookout for stable investments that can help navigate the ups and downs. One such investment is Western Midstream Partners (WES), a limited partnership that owns and operates midstream assets in various states. What sets WES apart is its high dividend yield of 8.8%,
Fast-food chains have been facing a tough time recently as consumers are cutting back on their spending and opting for more cost-effective options. With a decline in foot traffic and sluggish sales, many popular chains like McDonald’s, Taco Bell, Burger King, and Wendy’s have turned to $5 meal deals in hopes of attracting more customers
The assessment by Citi strategists on the potential impact of the 2024 US presidential election on oil prices suggests that under a Trump administration, the oil market could experience a net bearish trend. This could be attributed to factors such as trade tariffs, oil-and-gas-friendly policies/deregulation, and efforts to push OPEC+ to release more oil to