In light of growing interest rates and defaults, the most recent statistics show that credit card debt has hit a record $1 trillion. According to data released on Friday by the Federal Reserve Bank of St. Louis, there was $1 trillion worth of credit card and other revolving accounts outstanding during the week ending July…
Analyst: These 2 AI Stocks Under $5 Have Triple-Digit Upside Potential In the era of digital dominance, the tech sector stands tall as the harbinger of lucrative stock opportunities. In this realm, the rise of Artificial Intelligence (AI) has been nothing short of remarkable. AI has woven its way into various sectors, from chatbots to…
Tencent Releases AI Model for Businesses as Competition in China Heats Up In the rapidly evolving landscape of artificial intelligence (AI) technology, Chinese tech giant Tencent has taken a significant leap forward by introducing its latest AI model, “Hunyuan,” designed specifically for business applications. This groundbreaking development was unveiled at an annual summit where Dowson…
Energizing Georgia: Oglethorpe Power Corporation’s Dynamic Role In the heart of Georgia, a medium-sized electric utility stands as a beacon of power and progress. Meet Oglethorpe Power Corporation, a pivotal player that has been illuminating the state since its inception in 1974. Let’s delve into the journey and impact of this electrifying entity. A Cooperative…
Rising auto maintenance costs and higher insurance rates are in the works. In recent years, the price of auto ownership, insurance, and required repairs has dramatically grown, in line with growing prices and currency inflation. Frank Ferreira, President of Fera’s Automotive Services in Sharpsburg, claims that costs for labor, rent, taxes, equipment, and components have…
Flood insurance is administered by FEMA (the Federal Emergency Management Agency) in the US and made available to the general public through a network of more than 50 insurance providers. Amy Roger felt helpless and powerless last week when water found its way into her house. Before she could react, the first floor of her…
Due to rising risks from natural catastrophes, the American Automobile Association withdrew from providing insurance in Florida, joining an expanding list of insurance companies leaving the Sunshine State. In an email to CBS MoneyWatch, the company said: “Unfortunately, the Florida insurance market has become challenging in recent years.” Devastating hurricanes last year had a significant…
