At the heart of the contentious One Big Beautiful Bill Act (OBBBA) lies a significant shift in tax policy regarding the State and Local Tax (SALT) deduction. By suggesting to raise the cap from $10,000 to an impressive $40,000 for individuals earning under $500,000, House representatives seem to be making a politically motivated concession to
Guam’s Consolidated Commission on Utilities recently green-lighted the Guam Waterworks Authority’s proposal to issue $270 million in bonds. This initiative underscores a growing dependency on debt to manage essential infrastructure projects. With an all-in true interest cost of 4.91%, the authority’s funding strategy, as articulated by general manager Miguel Bordallo, invites scrutiny. While it’s easy
In the world of investing, few companies evoke as much enthusiasm and skepticism as Apple Inc. This tech giant has weathered numerous market storms, and its historical performance suggests a capacity for resurgence, especially as we approach critical product launch periods. Historically, Apple shares have been known to outperform the S&P 500 significantly during the
As the calendar turns to June, we are met with the ominous onset of hurricane season. Recent forecasts from the National Oceanic and Atmospheric Administration (NOAA) indicate a staggering 60% likelihood of above-normal hurricane activity this year. With predictions of 13 to 19 storms that could escalate to hurricanes, including several potent Category 3, 4,
Recent events across the United States have made it painfully clear that organized retail crime is not just a minor inconvenience for retailers; it represents a significant societal issue that demands urgent action. With a staggering 93% increase in shoplifting incidents reported in 2023 compared to four years prior, it’s evident that we are facing
In an ambitious move that could have dramatically reshaped the landscape of online higher education in Idaho, the University of Idaho (UI) and the University of Phoenix recently suspended their negotiations for a strategic buyout. After two years of negotiations, this decision serves not just as a failed procurement but as a poignant reflection of
Despite a slight decline in mortgage rates last week, the overall demand for mortgages has shown disconcerting weakness. A 3.9% drop in mortgage application volume, as reported by the Mortgage Bankers Association, challenges any notions that lower rates lead to a surge in borrowing. What this indicates is not a resurgence in the housing market
Apple, a titan in the technology sector, is experiencing a valuation crisis. With shares recently floating around $203, many investors may want to reconsider their optimism regarding this stock. Investment firm Needham has downgraded Apple from buy to hold, suggesting that the stock is starting to resemble a financial bubble waiting to burst, rather than
In an era dominated by digital transformation, cybersecurity is rapidly evolving from a mere service to an essential industry. Predictions suggest that CrowdStrike, a leader in this sector, could experience an unprecedented growth trajectory in 2025. According to Eddie Ghabour, co-founder and CEO of Key Advisors Group, CrowdStrike’s shares have already seen a remarkable rise
Peloton has dismantled its previous image of exclusive luxury fitness brand with the launch of Repowered, its innovative marketplace for reselling used equipment and gear. This leap toward monetization of the secondhand market is not merely a tactical decision; it signifies a profound understanding of contemporary consumer behavior and the fitness landscape. As someone passionate