The value of the contracts awarded to these same businesses jumped by 40 percent from last year, which Wu credited to the work of partners, including BECMA.In 2021, a city-commissioned report found that only 1.2 percent of the $2.1 billion in contracts that Boston awarded to businesses went to Black- and Latino-owned firms over a five-year period, highlighting large disparities in the way the city spends in businesses run by people of color.The annual Mass Black Expo’s second day took place at the BCEC. The audience listens to Boston Mayor Michelle Wu speak. John Tlumacki/Globe StaffDespite the progress the city…
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If you’re looking for high-yield dividend stocks, one of the best places to start your search is in the real estate investment trust (REIT) sector. This corporate structure is specifically designed to pass income on to shareholders via large dividend payments. But not all REITs are the same. Net lease REITs like Realty Income (NYSE: O), W.P. Carey (NYSE: WPC), and NNN REIT (NYSE: NNN) are some of the safest income choices around. Here’s why this trio could help you sleep soundly for a decade, or more, while you collect big dividend checks. If you owned a rental property, you…
President Joe Biden called out Tesla and SpaceX CEO Elon Musk, now a Republican megadonor and Trump campaign surrogate, for hypocrisy on immigration on Saturday, saying Musk launched his long career in the U.S. as an “illegal worker” before becoming the world’s wealthiest man.The president made these remarks at a campaign event to support Democrats that took place in Pittsburgh, Pennsylvania, on Saturday.Labeling Musk as former President Donald Trump’s wealthy new “ally,” Biden said, “That wealthiest man in the world turned out to be an illegal worker here when he was here,” referring to Musk.”He was supposed to be in…
Ken Griffin is a billionaire hedge fund manager and serves as CEO to Citadel Advisors. According to Citadel’s most recent 13F filing, the firm bought 18,736,591 shares of Kenvue (NYSE: KVUE) stock during the second quarter — increasing its position by 5,848%. Below, I’m going to break down why now could be a lucrative time to scoop up shares of Kenvue. More importantly, I’ll assess the company’s full picture and make the case for why this consumer health business could be a great long-term buy for the right investor. Although you may not be familiar with Kenvue by name, I…
Investing in these two companies can give investors a two-for-one growth and income benefit. With a net worth of over $140 billion and a track record of decades of sustained success, it’s no wonder that people turn to legendary investor Warren Buffett for investment guidance. In fact, his company, Berkshire Hathaway, has become a benchmark stock portfolio for many. If you’re looking to follow Buffett and Berkshire Hathaway’s lead on investments, the following two companies are no-brainers that can be staples in your portfolio. They’re both industry leaders, with one presenting a high-growth opportunity and one offering a reliable, above-average…
The Focus This Week: The Biggest Stocks And The Biggest EconomyThis week is massive for US investors: five of the Magnificent Seven companies are set to report their latest earnings. And the US will release two important updates on how the world’s biggest economy is performing, with its third-quarter growth figures and key monthly jobs data.The Magnificent Seven shares have been driving the S&P 500 higher for the past couple of years. So investors will want to pay close attention as Alphabet, Microsoft, Amazon, Meta, and Apple open their books this week. Analysts predict that these five companies – along…
The 2025 Porsche 911 GT3, a celebration of 25 years of modern GT3 icons, is a testament to the brand’s commitment to performance and refinement. While its exterior and interior remain understated, the car boasts significant upgrades under the skin. At the heart of the GT3 lies its iconic 4.0 liter flat six engine, delivering a thrilling 502 horsepower and revving to an exhilarating 9,000 rpm. Porsche has resisted the temptation to electrify this powertrain, maintaining its purist appeal. 2025 Porsche 911 GT3: Enhanced Iconic Performance with Weissach, Touring, and HRE Wheel Options (HRE Wheels /Instagram) To enhance efficiency and…
Like bargains? Need dividends? No problem. Several of the S&P 500’s stocks fit both bills at this time, with a bunch of them boasting the makings of a true “forever” holding. Here’s a rundown of three of these best bets right now. There’s no denying that Pfizer (NYSE: PFE) isn’t quite the pharmaceutical powerhouse it used to be. The loss of patent protection on its blood thinner Lipitor in 2011 was a blow it never quite got over, but it would also be naïve to believe the company’s research and development (R&D) and acquisitions are as strong now as they…
Sir Richard Branson, a legendary adventurer and business magnate, has once again started on a groundbreaking journey to the edge of space. At the age of 74, Branson is set to pilot Spaceship Neptune, a pioneering spacecraft that represents a revolutionary approach to space tourism. Unlike the traditional rocket powered spacecraft used by companies like Blue Origin and Virgin Galactic, Spaceship Neptune offers a more leisurely and accessible experience for tourists. Developed by Space Perspective, this innovative concept promises a unique and affordable opportunity to explore the cosmos without requiring extensive training or certification. Richard Branson & Spaceship Neptune: New…
The iconic Jeep brand, renowned for its rugged off-road vehicles and adventurous spirit, has joined forces with the legendary outdoor apparel company The North Face to create a special edition of their Avenger 4xe electric SUV. Inspired by the majestic Mont Blanc, the highest mountain in the Alps, this collaboration aims to capture the essence of adventure and exploration. The Jeep Avenger 4xe, with its powerful electric motors and advanced technology, is already a popular choice for those seeking a sustainable and capable vehicle. The North Face Edition adds a touch of style and functionality, making it even more desirable…