The construction industry is facing a tempest, and looming tariffs just became the perfect storm. With President Trump’s decision to impose a 25% tariff on steel and aluminum imports from Canada and Mexico, construction contractors are understandably preparing for the coming wave of increased costs. What does this mean for homeowners and prospective buyers? As
Business
The recent news surrounding the historic buyout of the Boston Celtics for an astounding $6.1 billion brings both excitement and trepidation. Led by private equity executive Bill Chisholm, this new consortium marks yet another chapter in a troubling trend within professional sports: the transition of beloved franchises from traditional ownership to faceless investment groups. While
NASA’s recent experience with astronauts Butch Wilmore and Suni Williams, who were marooned at the International Space Station (ISS) for an unexpected nine months, reveals more than just the technical failures of the Boeing Starliner capsule. Their extended stay, which began as a brief nine-day mission, accentuates the profound human element inherent in space exploration.
Forever 21, once the darling of fast fashion, has filed for bankruptcy protection for the second time in just six years. The brand, synonymous with trendy and affordable clothing, announced this grim news on a Sunday, signaling not just a decline in its sales, but also the looming end of a retail era. What has
As we approach 2025, an unsettling forecast looms over the beauty industry. Despite dramatic shifts in consumer behavior, Ulta Beauty has recently announced expectations for a lackluster year ahead, stirring anxiety among investors and industry observers alike. The stark contrasts between Ulta’s performance and that of its competitors reveal the inherent vulnerabilities within even the
In a bold new initiative, Health and Human Services Secretary Robert F. Kennedy Jr. declared a sweeping crusade against “the worst ingredients” in food. Recently, he convened food industry executives to discuss the urgent elimination of harmful substances—specifically targeting artificial dyes. While at first glance, such initiatives appear to improve public health, we must tread
Kohl’s has recently emerged from its earnings report, displaying a mix of seemingly positive results overshadowed by dismal future guidance. While the retailer met and even exceeded expectations in certain financial areas for its fiscal fourth quarter, the stock’s severe drop—over 20% in morning trading—serves as a stark warning of the turbulent waters ahead. It
In an unexpected political twist, Shawn Fain, the President of the United Auto Workers (UAW), has become a reluctant supporter of President Donald Trump’s controversial North American tariffs. Initially an outspoken critic, Fain has recently voiced support for a proposed 25% levy on automobiles and parts imported from outside North America. A statement he made
Elon Musk’s acquisition of Twitter in 2022 and its subsequent transformation into the platform known as X has been marked by ambition and controversy. Among the most audacious of his plans is the introduction of a digital wallet called X Money. This move represents not merely an expansion of X’s offerings but a bold foray
In an age where financial markets can shift dramatically from day to day, long-term investment strategies within family offices face a significant test. The recent volatility surrounding tariff implementations on countries like Mexico, Canada, and China has emerged as a catalyst for many high-net-worth investors to reconsider their approach towards deal-making and investment pursuits. While