Author: Arabian Media staff
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Key Takeaways The number of visitors to Las Vegas fell by 11% in June, and was down 7% through the first six months of this year. Over a whole year, 7% would be the largest decline in more than 50 years, bigger than the drop felt during the Great Recession. Experts have pointed to several reasons for the drop, from a lackluster U.S. economy to a decline in international travel and changing habits among generations. Las Vegas, one of America’s most popular tourist destinations, is showing signs of a downturn. Data released at the end of July showed that visitor…
Open-ended mutual funds have a great track record of growing to mammoth sizes quickly as investors flock to them. But it is possible for a fund to get so large that size gets in the way of performance. It’s best to know how to determine whether a fund is too large (or too small) for you and whether it’s still a good fit for your investing strategy. How Do Mutual Funds Grow? When we talk about the size of a mutual fund, we are referring to its total asset base. It’s the total amount of money that a mutual fund…
KEY TAKEAWAYS If you live in Arkansas, Indiana, Mississippi, North Carolina, or Wisconsin, you may have to pay state income taxes on federal student loan forgiveness you received.Federal student loan forgiveness is exempt from federal income tax under the American Rescue Plan Act (ARPA).However, some states decided to tax forgiveness as income at the state level. If you were among federal student loan borrowers who received forgiveness in 2024, you may be on the hook to pay state income tax if you live in certain states. In 2024, then-President Joe Biden forgave billions of dollars in student loans for borrowers…
key takeaways Rising costs make traditional milestones like homes, kids, and cars harder for middle-income families to reach.Geography now defines middle-class life as much as income does.Shrinking middle class numbers reveal deeper shifts in how Americans define stability.Budgeting realistically, diversifying income, and controlling lifestyle inflation are keys to financial stability today. If starting a family, buying a house, or just thinking about purchasing a car feels impossible—you’re definitely not alone. What used to define “middle class” feels further out of reach for Millennials and Gen Z than ever before. Rising costs, stagnant wages, and where you live all play huge…
Key takeaways Albuquerque offers affordable living with tax-friendly perks.Over 1,500 healthcare facilities give retirees peace of mind.Rich culture and outdoor recreation create a balanced retirement lifestyle.Strong social networks and retiree-friendly communities thrive here. Retirees today are prioritizing one thing above all else: access to high-quality healthcare. In a recent analysis of top retirement destinations, Albuquerque, New Mexico, stands out with more than 1,500 healthcare facilities—22 of those being hospitals in the county. Additionally, Albuquerque is an affordable place to live, offers much in the way of entertainment and arts, and is located in proximity to an international airport, making it…
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Image credit: Getty Images The National Centre of Meteorology (NCM) in has issued a comprehensive five-day forecast spanning Saturday, September 20, to Wednesday, September 24, 2025, predicting humid mornings with chances of fog, fair to partly cloudy skies, convective cloud formation, and dusty winds across various regions of the UAE. The update was released via a WAM report, outlining the meteorological trends expected to influence the country during this period. Read more-Sharjah’s investment boom: 361% FDI surge fuels jobs, projects According to the NCM, weather conditions will be shaped by a combination of weak surface pressure systems and an extension…
key takeaways The bulk of Bill Ackman’s Pershing Square portfolios hold only 8 to 12 core holdings, reflecting high investment conviction.Ackman is known as an activist investor, but now tends to focus on investments with long-term value and durable business quality.Pershing Squares’ transparency and actions help Ackman build a public profile comparable to that of Buffett. Warren Buffett, the 95-year-old financial magnate and “Oracle of Omaha,” recently announced he’d be stepping down from his role as CEO of Berkshire Hathaway by the end of 2025. Now eyes are turning toward successful hedge fund managers who share his ambition for long-term…
