Blog
Weekly Review, January 2 2024
Mickey Mouse original version is entering the public domain. 500+ drugs are likely to see price increases. Google makes plans to develop “Pixie” - a new AI assistant for pixel phones. The Apple watch import ban has been put on pause. Meta’s CTO, Andrew Bosworth, explains how the generative AI craze pushed the company to mix it up.
Weekly Review, December 26 2023
Sweden’s fight with Tesla escalates. Bird has filed for bankruptcy. Large AI models are now creating AI baby models without human assistance. Computers instead of politicians? One city is finding success in this transition. FTC accuses Rite Aid of “reckless” AI use and puts a potential consequence of a 5 year facial recognition ban on the table.
Weekly Review, December 18 2023
Roughly 61% of Gen Xers (age 43-58) have not started retirement planning. Crime has declined in 2023. Federal labor regulators are looking to have 23 Starbucks stores reopen. US auto safety regulators are working to incorporate technology to prevent intoxicated drivers from starting their vehicles. Tiktok purchases GoTo for $1.5B.
Weekly Review, December 11 2023
Consumer sentiment remains low as increase in prices the last three years is 18.6%. More than 500 Nasdaq listed stocks cost under $1. CEO of MobileX and founder of Boost Mobile is in support of cell phone bans in schools. Shein CEO navigates the enviromental and labor issues while preparing for US IPO. MAX ETNs plans to launch the first quadruple leveraged S&P500 ETN.
Weekly Review, December 4 2023
AI-generated writers being published by Sports Illustrated have their own bios and photos. Electric and hybrids have record growth and now account for 18% of U.S light-duty vehicle sales. Google agrees to pay Canadian news coporations $75M. Sam Altman is reinstated as OpenAI CEO. Amazon becomes the largest delivery business in the US beating out UPS and Fedex.
Weekly Review, November 27 2023
Binance to pay $4.3B in fines. 2024 IRS tax changes you should know. Meta to provide data to external researchers for information on how people use the platform. Tesla underfire as a judge for a fatal crash has found “reasonable evidence” that executives were aware self-driving technology had defects. How much money do people need to be happy?
Weekly Review, November 20 2023
OpenAI Mess: CEO, Sam Altman, fired without Microsoft’s knowledge. Microsoft then hires Sam Altman. Hyundai selling new vehicles on Amazon. The number of mortgage-free homes has risen to nearly 40%. China will see emmisions fall in 2024 due to record growth of clean energy. 2023 long-term population projections are lower than the US Census Bureau’s 2017 projections.
Weekly Review, November 13 2023
$2M coal mine may contain $37B in treasure. Higher mortgage rates and home prices deter would-be home buyers. Electric vehicle automakers are providing substantial price reductions. Recycling facilities are beginning to use AI to increase efficiency and combat worker shortages. Pathfinder 1, a blimp, receives airworthiness approval.
Weekly Review, November 6 2023
$1.8 billion in damages to be paid to home sellers after major brokerages are found guilty of inflated commissions. ESPN deepfake interview of Damian Lillard makes headlines. Meta to allow users the option of “opting out” of targeted ads. X receives a $19 billion valuation based on equity compensation plans. Toyota increases wages for non-uninionized factory workers.
Weekly Review, October 30 2023
Millenials are opting for fixed incomes and invesments that align with their values. Bus Rapid Transit systems positive affects on property value. US states are suing Meta in the largest collective action against a social network. AI startups are drawing the attention of many college students. Artists begin using invisible changes to art as a way to protect their work from AI.
Weekly Review, October 23 2023
“Nepo-homebuyers” make up 38% of recent home buyers under the age of 30. 51% of adults say they are in a better financial position than their parents. Seattle leads the charge in tech workers of West Coast hubs. Chevron agrees to purchase Hess Corp. for $53 billion. Five new sports added to the 2028 Los Angeles Olympic Games: Cricket, Baseball/Softball, Lacrosse, Squash and Flag Football.
Weekly Review, October 16 2023
New life expectancy data makes the point that it is not college vs. not. How proxy wars can turn cold wars into “hot wars”. Today is the time to just “buy the t-bill and chill.” Microsoft finalizes Activision Blizzard acquisition. Adobe to layout a watermarking plan and logo for generative AI images.
Weekly Review, October 9 2023
Fortis Reviews Financial news of the week. Goldman shows how the Magnificent Seven stocks are actually the cheapest they have been relative to the rest of the market. Quick primer on bonds. The pandemic has caused people to prioritize spending on experiences. A look at the earth 250m years from now.
Donor-Advised Funds and Eligible Assets
Learn how Donor-Advised Funds (DAFs) can supercharge your charitable giving with eligible assets. Start making a difference today. Check out now!
New Legislation Granting Greater Flexibility to College Savings Accounts
Check out the latest college savings account legislation providing enhanced flexibility. Secure your educational future today with our expert insights. Learn more now!
Weekly Review, September 25 2023
Fortis Reviews Financial news of the week. Fed decides not to raise interest. Extensive menu and complex drinks contribute to increasing Starbucks wait times. Rupert Murdoch announces transition to Chairman Emeritus role. Writers Guild of America and Hollywood Studios meet to end strike. Elon Musk discusses potential for Neuralink.
Understanding the Electric Car Tax Credit
Discover How The Electric Car Tax Credit Works: Ultimate Guide to Savings, and Sustainability. Find out how you can take advantage.
IRMAA: The Variable Extra Fee of Medicare
IRMAA: Understand how Medicare's variable extra fee can impact your retirement finances. Learn strategies to manage and reduce these additional costs.
Weekly Review, September 11 2023
Fortis Reviews Financial news of the week. The labor market may be shifting, and power is moving back into employers’ courts. Bernard Arnault has built LVMH into a powerhouse Bernard Arnault. Amidst the AI craze Meta is apparently building a new AI tool to rival ChatGPT-4. Softbank will IPO with a massive $50b valuation which is already massively oversubscribed.
Weekly Review, September 5 2023
Fortis Reviews Financial news of the week. The government of Hong Kong is building affordable housing on a Golf course. The elite of Silicon Valley may be trying to build a city of their own. Men are trying to artificially boost their testosterone levels. Chinese companies are racing to build battery plants fueled by government grants and subsidies. A new study finds nearsightedness (myopia) is on the rise.