North America auto manufacturing footprint unlikely to change through 2029, Chicago Fed says
Many existing plants will provide flexibility across propulsion systems as EV demand and consumer preferences fluctuate.
Insurance companies ask court to shield them from lender's settlement costs
Three liability insurance companies have sued to avoid covering defense and settlement costs incurred by third-party lender Nicholas Financial in a separate class-action case involving allegations of deceptive and illegal loan-related practices.
5 popular investment trends for the rest of 2024
Editorial Disclaimer: All investors are advised to conduct their own independent research into investment strategies before making an investment decision. In addition, investors are advised that past investment product performance is no guarantee of future price appreciation.
Seasoned investors often approach markets with a long-term view, using short- and medium-term volatility to buy into the themes they believe will profit over many years. While identifying these trends is difficult, tuning out the noise can help you focus your portfolio on the winners, possibly resulting in significant gains.
Here are five of the most popular trends right now — including several themes showing significant growth potential in the rest of 2024 and beyond.
1. Generative artificial intelligence
Across industries, data scientists are exploring how to tap into artificial intelligence‘s (AI) power, from designing surgical assistants to developing tools that identify deforestation hotspots in the Amazon rainforest.
Strickland to succeed Jenns as head of Assurant Global Auto in 2025
Jeff Strickland will succeed Martin Jenns as head of Assurant Global Auto in 2025.
Amazon Prime Day deals are here. Should you take advantage of them?
BY HALELUYA HADERO AND CORA LEWIS Associated Press
NEW YORK (AP) — It’s summertime, and the bargains seem easy at a time when many consumer prices are high.
July sales events have become a seasonal revenue driver for the retail industry since Amazon launched its first Prime Day back in 2015. While consumers may be enticed by the advertised can’t-miss savings on some products, personal finance experts say shoppers should be careful not to fall for potentially misleading marketing or give in to impulse buys.
Amazon has drummed up expectations in recent weeks for its 10th Prime Day event, which will be held on Tuesday and Wednesday and is open only to customers who pay $14.99 per month, or $139 per year, to receive free shipping and other perks as Prime members.
Rival retailers tried in the past to capture some of the Prime Day excitement by offering their own discounts during the two-day event. This year, Walmart, Target, Kohl’s, and newcomers TikTok Shop and Temu launched summer promotions ahead of Amazon, hoping to siphon off some of the e-commerce giant’s savings-hungry shoppers. Meanwhile, Macy’s will be rolling out what it calls its “best summer deals” during an eight-day discount event that begins on Tuesday.