This year is setting up to be a good one for financial stocks, according to Fidelity’s director of quantitative market strategy, Denise Chisholm. While financials — many of which pay solid dividends — have performed well in recent months, they are still considered relatively cheap, Chisholm said. The SPDR S & P Bank ETF (KBE), which tracks a range of financial institutions, gained 20.5% in 2024 and the SPDR S & P Regional Banking ETF (KRE) added 15%. In comparison, the S & P 500 rose 23% last year. KBE 1Y mountain SPDR S & P Bank ETF In addition,…
Author: usaeverydaylife
People walk past an Ulta Beauty store in the Manhattan borough of New York City on March 8, 2022.Carlo Allegri | ReutersUlta Beauty CEO Dave Kimbell is retiring and will be replaced by the retailer’s Chief Operating Officer Kecia Steelman, the company announced Monday.Ulta said in a news release that the leadership changes take effect on Monday. Steelman will also replace Kimbell on the company’s board of directors.Along with announcing the executive shakeup, Ulta raised its fiscal fourth-quarter outlook because of “stronger-than-expected performance during the holiday season.” The company said it now anticipates comparable sales will increase modestly and operating…
Pedestrians shelter from the rain under umbrellas as they pass the Elizabeth Tower, commonly known by the name of the clock’s bell, Big Ben, at the Palace of Westminster, home to the Houses of Parliament, in London on Feb. 22, 2024.Henry Nicholls | AFP | Getty ImagesIf you’re traveling to the U.K. as early as this week, you might need to apply online for a travel authorization before you go.Starting Wednesday, the U.K. will require U.S. citizens, Canadian citizens and nationals from more than three dozen other countries to have a so-called electronic travel authorization, or ETA.Here’s what travelers need…
Asked if she felt tired after spending over an hour posing for pictures with hundreds of fans, Ilona Maher channels Taylor Swift with her answer.“I do get tired a lot but, as Taylor Swift said, ‘I get tired a lot but I don’t get tired of it’.”The ‘it’ the 28-year-old rugby union player from Burlington, Vermont is referring to is the fanfare which follows her every move.Fresh from making her 20-minute debut for Bristol Bears, the English team she has joined on a three-month contract, Maher had to tackle a queue of photo-seekers more than 250 yards long — taking…
Prime Minister Justin Trudeau of Canada, who rose to power nearly a decade ago and quickly became seen as a progressive icon across the West, said on Monday that he would step down in the coming months, bowing to an angry electorate at a time of uncertain economic prospects and political infighting.The announcement, which came amid a gridlocked parliament, left Canada in political flux just as the incoming Trump administration has vowed a raft of punishing tariffs on Canadian imports.“It’s time for a reset,” Mr. Trudeau told reporters outside his residence on a frigid morning in Ottawa, the capital. Mr.…
Stocks could be in store for another banner year in 2025, according to Deutsche Bank. “As we look forward to 2025, we shouldn’t let a pessimism bias overtake us,” London-based strategist Henry Allen wrote on Monday. “Of course, random and unexpected shocks are likely to hit at several points. But the current market backdrop is an incredibly favourable one, meaning that 2025 is capable of being another strong year.” Factors that could contribute to another record run for equities include the lack of a looming economic downturn, a favorable soft landing environment when the Federal Reserve is cutting rates and…
Tom Vice, CEO of Sierra Space, talks to employees in front of the company’s Dream Chaser space plane on Oct. 30, 2023 in Louisville, Colorado.Helen H. Richardson | Denver Post | Getty ImagesSierra Space CEO Tom Vice has left the company, CNBC confirmed Monday.In a statement, Sierra Space said Vice retired Dec. 31. Chairman Fatih Ozmen will serve as interim CEO, with Eren Ozmen as president.”After three and half years in the role, Tom Vice has retired as Sierra Space CEO as of the end of 2024 — we thank him for his leadership and wish him well in his retirement,” a Sierra Space spokesperson said…
Airplanes on the tarmac during a snow storm at Ronald Reagan Washington National Airport in Arlington, Virginia, US, on Monday, Jan. 6, 2025. Ting Shen | Bloomberg | Getty ImagesThousands of flights were disrupted Monday as a winter storm moved eastward, snarling air travel in the eastern U.S.By 1:45 p.m. ET, more than 4,300 U.S. flights were delayed while another 1,880 were canceled, according to flight tracker FlightAware.The storm, which was moving from the Ohio Valley to the mid-Atlantic, was set to dump as much as a foot of snow in the Washington, D.C., area, though cold weather stretched through the…
Jay Grand noticed the hole immediately. As general manager of the Dedham, Mass., location of Play It Again Sports, the new and used sporting goods chain, part of Grand’s job is to identify such deficiencies when evaluating items submitted for resale.That said, the hole, located on the right palm of the Warrior AX1 Pro gloves, is hard to miss. It is as big as a silver dollar. There are also two smaller holes below the pointer and middle fingers.Holes are a red flag at Play It Again Sports. They’re like mold or missing snaps, buttons or zippers.As such, when shown…
Shoppers on Wicklow Street in Dublin, Ireland, on Thursday, March 28, 2024.Bloomberg | Bloomberg | Getty ImagesIreland recorded a budget surplus of around 7% of modified gross national income in 2024, mainly due to most of a 14 billion-euro ($14.5 billion) back tax bill paid by Apple flowing into the exchequer, the finance ministry said on Monday.Ireland had forecast a surplus of around one-third of that level before a European court order in September that Apple pay the back taxes due to unlawful past tax treatment pushed last year’s general government surplus to 21.9 billion euros.Ireland initially expected to draw…
