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Georgia announces record $35.2B in economic development investments, 25K new jobs

Georgia has once again shattered its own records for economic growth, securing a staggering 35.2 billion dollars in new business investments over the last fiscal year. According to Governor Brian Kemp and the Georgia Department of Economic Development, these projects are expected to create approximately 25,300 new private sector jobs. This surge comes as part

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Who benefits from Maryland’s ‘investments’? | GUEST COMMENTARY

A growing debate over Maryland’s financial health is centering on a single, contentious word: investment. Sheila Weinberg, a certified public accountant and founder of the nonpartisan group Truth in Accounting, is challenging Governor Wes Moore and Comptroller Brooke Lierman to clarify exactly how the state defines this term when deploying millions of taxpayer dollars. While

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Kevin O’Leary says if you earn $68,000 a year and follow this rule, you’ll retire a millionaire

In a world where inflation and a mounting cost-of-living crisis have left many Americans struggling to make ends meet, serial investor and Shark Tank star Kevin O’Leary is offering a surprisingly simple roadmap to wealth. During a recent social media appearance, the multimillionaire urged his followers to adopt a strict discipline regarding their finances: save

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Emirati billionaire behind Dubai’s Burj Khalifa, the world’s tallest building, eyes fresh investment in Africa’s luxury hotel sector

Mohamed Alabbar, the visionary Emirati billionaire and founder of Emaar Properties, is turning his attention toward Africa’s luxury hospitality market with a significant new venture planned for Zimbabwe. Known primarily for developing the Burj Khalifa, the iconic 828 meter skyscraper that defines the Dubai skyline, Alabbar is looking to translate his success in ultra high

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Abel: Two ways Berkshire hopes to cash in on AI

Berkshire Hathaway is taking a calculated, dual track approach to capitalize on the rise of artificial intelligence, according to CEO Greg Abel. Speaking with CNBC during a trip to Japan, Abel explained that the conglomerate sees a massive opening in providing the immense amount of electricity required to run AI data centers. While he views

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Bill Gates Says He Still Won’t Invest in Crypto, Calls It a “Pure Mania-Driven Asset.” Here’s Why He’s Right.

Bill Gates has once again doubled down on his skepticism regarding cryptocurrency, describing it as a pure mania driven asset when recently asked how he would diversify his holdings away from the U.S. dollar. Despite options like gold or foreign currencies, the Microsoft co-founder stated he would prefer a globally diversified basket of stocks over

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How Much Do You Really Need Invested to Replace a $95,000 Salary With Dividends?

For many aspiring retirees, the dream of replacing a steady paycheck with passive dividend income seems like a simple math problem. However, achieving a yearly payout of 95,000 dollars is often more of a capital challenge than an investment strategy. Depending on the yield of the chosen portfolio, the amount of seed money required varies

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Investing in Gimlet

The global race for artificial intelligence is hitting a physical wall. While the appetite for AI inference continues to grow at an unprecedented pace, the industry is rapidly exhausting its supply of essential inputs, from available land and electrical grids to the specialized chips and high-bandwidth memory needed to keep models running. This shortage is

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4 takeaways from Fidelity on how Gen Z and millennials are investing for retirement

Despite facing a daunting financial landscape defined by soaring student debt, inflation, and a challenging housing market, younger investors are finding ways to carve out their futures. A recent Building Financial Futures report from Fidelity reveals that millennials are closing in on a psychological and financial turning point, with average retirement account balances sitting at

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World’s biggest sovereign wealth fund plans to cut U.S. Treasury holdings

Norway’s massive sovereign wealth fund is looking to shake up its investment strategy by scaling back its reliance on government bonds, most notably U.S. Treasurys. In a letter sent to the country’s finance ministry, leadership at Norges Bank Investment Management proposed dropping the government subindex of its bond holdings from 70 percent down to 50

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