The National Park Service has announced that it will be offering free admission to U.S. national parks on six specific days in 2024. With more than 400 national parks in the country, most of them already offer free entrance all year round. However, there are 109 parks that typically charge an entrance fee, including popular
Global Finance
Morgan Stanley CEO, James Gorman, announced on Thursday that he will be joining a succession planning committee at Disney. This committee will provide advice to the board in selecting CEO Bob Iger’s successor. Gorman, who is stepping down as Morgan Stanley CEO on January 1, is set to join Disney’s board in February. His appointment
The United Kingdom and Switzerland have recently signed a groundbreaking financial services deal that aims to strengthen the ties between these two prominent banking centers in Europe. This post-Brexit agreement, known as the Bern Financial Services Agreement, is seen as a significant triumph for Britain, as it signifies its ability to forge alliances outside of
The French cryptocurrency market has taken a significant step forward as Coinbase, a major cryptocurrency exchange, secured its registration with France’s markets regulator. This approval, granted by the French AMF watchdog, enables Coinbase to expand its services and operate digital currency operations in the country. In this article, we will explore the implications of this
The year 2023 saw an unprecedented surge in consumers investing in annuities, driven by higher interest rates and concerns regarding the stock market and the U.S. economy. According to LIMRA, an insurance industry group, Americans have purchased approximately $360 billion worth of annuities this year, surpassing the previous record of $311 billion set in 2022,
The latest inflation figures from the United Kingdom have surprised economists, as the headline consumer price index fell to 3.9% in November. This is the lowest reading since September 2021 and is lower than the expected decline to 4.4%. The unexpected drop in inflation has led to speculation that the Bank of England may cut
Tesla, the renowned electric car manufacturer, recently made significant price cuts in China, surpassing the reductions implemented by BYD for its flagship Han sedan. This analysis, presented by JL Warren Capital, highlighted Tesla’s reductions of 6% for its Model 3 and 11% for its Model Y compared to December of the previous year. On the
Alibaba Group, the Chinese internet tech giant, has announced a management shake-up at its Taobao and Tmall e-commerce business, with CEO Eddie Wu taking over the top role. This move follows the replacement of Daniel Zhang as the group’s CEO by Wu in September. Wu has been the chairman of Taobao and Tmall Group since
Switzerland’s financial regulator, the Swiss Financial Market Supervisory Authority (FINMA), has acknowledged the shortcomings in its approach following the collapse of Credit Suisse. The 167-year-old bank faced a series of risk management failures and scandals that led to a client and investor exodus, pushing it to the brink of insolvency. In a report released on
The phenomenon of inflation is not only affecting the cost of goods and services but also influencing the investment landscape. According to a recent report by the Securities and Exchange Commission (SEC), there has been a significant increase in the number of accredited investors in the United States. Accredited investors are individuals or households who
The use of generative artificial intelligence (AI) on Wall Street is set to revolutionize the way firms conduct business. While AI technologies such as natural language processing and machine learning have been utilized in wealth management and asset management firms for years, the addition of generative AI has the potential to further enhance their impact.