The S&P 500 closed out 2024 with a 25% total return, beating its two-year performance since the late ’90s and surpassing its 20-year performance since 2008. However, this year’s gains still fall short of historic highs. For investors, long-term growth is key. The past decade has seen remarkable returns: $1,000 invested at the beginning of … Read more
The Cleveland Browns will face the Baltimore Ravens in an NFL Week 18 game at M&T Bank Stadium on January 4. The Ravens are a significant favorite, with a 17.5-point lead over the Browns in the latest odds. As of now, the moneyline shows the Ravens as -2000 and the Browns as +1000, while the … Read more
China’s electric-vehicle leader BYD has achieved record sales in 2024, solidifying its position as a leading manufacturer in the country’s rapidly growing EV market. This success comes as the global demand for eco-friendly transportation continues to rise, driven by increasing concerns about climate change and air pollution. With this achievement, BYD further cements its reputation … Read more
A submarine volcano near Oregon, Axial Seamount, is showing signs of increased activity and scientists predict it could erupt before the end of 2025. Located off the US west coast, Axial has been the site of three recent eruptions since 1997. Researchers Bill Chadwick and Scott Nooner have been monitoring Axial’s activity, noting a characteristic … Read more
As 2024 marks a significant year for commercial space travel and lunar exploration, companies are shifting their focus towards building a sustainable lunar economy. With NASA’s Artemis missions and private ventures aiming to establish permanent human presence on the Moon, technological advancements in power generation, mining, agriculture, and infrastructure development are crucial. Several key players … Read more
The US port operators along the East and Gulf coasts are expected to meet with their longshore workers again, which could potentially prevent a costly strike. The negotiating break, lasting seven weeks, will resume next Tuesday, marking a significant development in the dispute that began in mid-November. Source: https://www.bloomberg.com/news/newsletters/2025-01-02/supply-chain-latest-us-port-strike-threat-talks-to-resume
The world’s largest climate coalition for financial firms, the Glasgow Financial Alliance for Net Zero (GFANZ), is making changes after several major banks and asset managers dropped out. The decision comes as industry-specific net zero alliances face backlash from politics and regulation. GFANZ was established in 2021 to promote climate goals among financial institutions. However, … Read more
Aaron Rodgers will make his 241st career start for the New York Jets on Sunday in a season finale against the Miami Dolphins at MetLife Stadium. The quarterback acknowledged that he is considering retirement and has not ruled out returning to the team next year, but emphasized that it ultimately depends on whether the new … Read more
The housing market in 2024 has been marked by high mortgage rates and soaring prices, making it challenging for buyers to enter the market. Experts predict that 2025 will bring more of the same, with prices rising at a slower pace due to falling interest rates. Currently, the average rate for a 30-year fixed mortgage … Read more
Power has been restored to nearly all electrical customers across Puerto Rico, with 98% of customers back online as of Wednesday afternoon. The outage, which began on Tuesday at 5:30 a.m., affected the entire archipelago and plunged people into darkness for the New Year. However, some temporary outages are still expected in the coming days. … Read more