The Green Bay Packers are the only National Football League team with an ownership structure that mirrors that of a publicly traded company. Established over 100 years ago, the franchise is entirely owned by stockholders, many of whom are loyal Packers fans. Through six stock offerings starting in 1923 and as recent as 2021, over
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When Jerry Jones made the bold decision to purchase the Dallas Cowboys in 1989 for $150 million, he faced significant financial challenges. The team was losing $1 million a month, and Texas Stadium had plenty of empty seats and suites. Jones, an oilman who had borrowed extensively to acquire the Cowboys, knew he had to
The days of Bitcoin rallies seem to have come to a screeching halt, catching many experts and investors off guard. The prevailing sentiment in the cryptocurrency market is one of pessimism, with many predicting that there will be no further bull run for Bitcoin. The initial euphoria that characterized the beginning of the year has
The American Road & Transportation Builders Association has recently released a report indicating that one-third of bridges in the United States are in need of repair or replacement. The report highlights the ongoing efforts of states to reduce the number of bridges in poor condition, bringing the total down to 42,067 from 42,391 in 2023.
The month of September has kicked off with some rocky start for the major stock indexes after a global sell-off in August. As investors prepare for potential turmoil, Wolfe Research has released an updated list of high-conviction stock picks known as the Alpha List. This list features stocks that the firm believes are poised to
The U.S. dollar has been facing challenges in the market recently, with weak economic data contributing to a decline in its value. Investors are concerned about the possibility of an outsized interest rate cut by the Federal Reserve in response to disappointing economic indicators. The Dollar Index, which measures the dollar against a basket of
The property market in London is experiencing a significant shift as landlords are rushing to sell their buy-to-let properties at record rates. Data from property portal Rightmove shows that almost one-third of homes currently for sale in the capital were previously rented out. This trend is not limited to London alone, as 18% of all
Two years after the implementation of the Inflation Reduction Act (IRA), states have only captured an average of 7% of the potential funding opportunities provided by the Biden administration’s signature climate legislation. This low percentage is primarily due to the fact that the utilization of tax credits, which serve as the main source of federal
The excitement of the NFL season is back, and with it comes the anticipation of record-breaking betting. According to projections from the American Gaming Association, U.S. adults are expected to wager a staggering $35 billion this NFL season. This marks a significant increase of more than 30% from the previous season’s total of $26.7 billion.
The recent asset allocation report released by Tiger 21, a network of ultra-high-net-worth investors and entrepreneurs, highlights some interesting trends when it comes to investing in Nvidia. Surprisingly, more than half of the network’s members, 57% to be precise, do not currently have any investments in the chip darling Nvidia. This stance taken by a