Image source: Getty Images I think the opportunities for building a passive income pot on the stock market might have never been better than they are today. If I were younger and starting again, I’d do things a bit, though not a lot, differently. Mostly, I’d stick with a diversified portfolio, hold for decades, and reinvest my dividends. But I might take more risk with a portion of my cash. Chips on the side Nvidia (NASDAQ: NVDA), today, reminds me of high-tech growth stock opportunities I missed in the past. Nividia is up a whopping 2,600% in the past five…
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While Ducati 900SS models from the nineties and early 2000s may not be considered aesthetically striking, their performance capabilities make them ideal platforms for custom builds. Giacomo Galbiati, an Italian craftsman operating as GDesign, has transformed a 2002 Ducati 900SS SuperSport into a visually stunning one off. Despite being Italian, Galbiati’s previous projects focused on other brands. This was his first venture into customizing a Ducati, and the result is truly remarkable. Galbiati’s approach to the project was relatively subtle, yet it had a profound impact on the appearance of the motorcycle. He began by removing all of the factory…
By Jonathan Stempel (Reuters) – The U.S. Supreme Court declined on Monday to hear former pharmaceutical company CEO Martin Shkreli’s challenge to a $64.6 million financial penalty imposed by a judge after he raised a lifesaving drug’s price by more than 4,000%. The justices turned away Shkreli’s appeal of a lower court’s decision upholding the penalty, equal to the profits he and one of his former companies made by raising the price of the drug Daraprim in 2015, imposed in 2022 by U.S. District Judge Denise Cote in Manhattan. Shkreli’s appeal did not challenge a lifetime ban from the drug…
Spencer Parr, a lifelong motorcycle enthusiast and former police officer, has turned his passion into a successful motorcycle customization business. Raised in a family of motorsport fans, Parr developed a deep appreciation for two wheeled machines at a young age. Despite facing a devastating setback when he was diagnosed with ocular cancer and forced to resign from his job, Parr refused to let adversity derail his dreams. Instead, he channeled his energy into restoring and customizing motorcycles, specializing in Japanese twins and singles. Spencer Parr Transforms BMW R Nine T Into Masterpiece Scrambler With Custom Frame and Modern Upgrades (Parr…
Image source: Getty Images The S&P 500 has long been the gold standard for stock market returns. This blue-chip index, which tracks the performance of the 500 largest publicly traded companies in the US, has returned just above 10% on average since its 1957 inception. Over the last 10 years, however, the annualised return has been running slightly higher than that (around 12%). With dividends reinvested, it’s been above 13%! That’s an incredible, inflation-busting return! This hot run of form isn’t guaranteed to continue. But if it did and the index returned 12%, then a £1,000 investment today would become…
DANBURY, Conn., Oct. 07, 2024 (GLOBE NEWSWIRE) — An Ethan Allen (NYSE:) distribution center located in Old Fort, North Carolina, was recently impacted by the significant flooding caused by Hurricane Helene. The distribution center, which primarily focuses on shipping custom-made home furnishings to select wholesale customers, has not yet resumed daily shipping operations due to limited road accessibility for tractor trailers. Recovery efforts have already begun, including restoration of electricity and internet connectivity. The Company’s major upholstery operations, which are located in central North Carolina, were not significantly disrupted by Hurricane Helene and are currently operating at normal capacity. Ethan…
Former drug company executive Martin Shkreli and his lead attorney Benjamin Brafman arrive at U.S. District Court for the fourth day of jury deliberations in his securities fraud trial in the Brooklyn borough of New York City, U.S., August 3, 2017. Amr Alfiky | ReutersThe Supreme Court on Monday rejected a bid by notorious ‘pharma bro’ Martin Shkreli to hear his appeal of a $64 million financial penalty on the fraudster for blocking competition to a lifesaving drug whose price he had raised by more than $700 per pill.Shkreli’s request that the Supreme Court take his appeal of a federal court…
By Daniel Wiessner(Reuters) – The U.S. Supreme Court declined on Monday to hear a challenge by Uber (UBER) and Lyft (LYFT) to lawsuits by the state of California on behalf of drivers who signed agreements to keep legal disputes with the ride-hailing companies out of court in a legal fight over their status as contractors.The justices turned away appeals by the two companies of a lower court’s ruling that let the Democratic-led state’s attorney general and labor commissioner pursue claims that Uber and Lyft owe money to drivers who were misclassified as independent contractors rather than employees.The companies have argued…
Mexico has become an increasingly attractive destination for investors. The country boasts several economic advantages, particularly its proximity to the United States. It’s also home to a youthful population that is well-equipped for the workforce — a median age of 29 with 45% of its citizens younger than 25. The Mexican government has developed programs to upskill its young citizens and prepare them for a tech-centric future. The country’s information technology market surpassed $2 billion in 2022. Outside the workforce, Mexico’s youth are significant drivers of consumer spending, forming the bulk of 126 million Mexican consumers whose purchasing power continues…
Image source: Getty Images The FTSE 250 consists of mid-cap companies just below those in the FTSE 100, as ranked by market capitalisation. These medium-sized businesses tend to be more domestically focused than their blue-chip counterparts. As a group though, FTSE 250 stocks have struggled in recent times, rising just 3.75% in five years (not including dividends). This poor performance largely reflects the challenges faced by the UK economy, including Brexit, Covid, high inflation, and a cost-of-living crisis. The UK’s economic productivity also remains notoriously weak. However, inflation finally seems to be under control and interest rates are set to…