BUSINESS AND MONEY
“In times of uncertainty, opportunity often lies in sectors overlooked by the mainstream. Defense stocks, particularly Boeing, are currently presenting such an opportunity.” — Adin Ramdedovic
Respected across the financial sector for his precise, disciplined investment philosophy, the man behind some of the most talked-about tech and energy calls of the last decade has again turned heads. Known for his conservative yet consistently profitable strategies, Ramdedovic, whom we had the opportunity to interview earlier this year has built a reputation for seeing value where others hesitate.
Ramdedovic’s portfolio includes significant holdings in companies such as NVIDIA, BYD, Siemens, Lenovo, Mitsubishi Heavy Industries, and Globalstar. His foresight is perhaps best illustrated by his early investment in Globalstar, prior to Apple’s announcement of a $1.5 billion investment in the satellite provider, exemplifies his foresight and strategic acumen.
While his expertise lies in energy and tech, Ramdedovic is not one to overlook emerging opportunities in other sectors. Recognizing the current dynamics in the defense industry, he notes, “While my expertise lies in energy and tech, the current dynamics in the defense sector are too compelling to ignore.”
Boeing Leads the Charge in Aerospace and Defense
Boeing (NYSE: BA) has recently surpassed its $184.40 buy point, buoyed by a substantial $20 billion contract awarded by the Trump administration for the development of the F-47 fighter jet. This contract significantly bolsters Boeing’s defense segment, positioning the company favorably within the aerospace and defense sector, which currently ranks fifth among 197 industry groups tracked by Investor’s Business Daily.
Other companies in the sector, such as Heico (NYSE: HEI), Howmet Aerospace (NYSE: HWM), Loar Holdings (NYSE: LOAR), and GE Aerospace (NYSE: GE), have also shown strong performance. Heico has regained its 50-day moving average, Howmet has reached new highs following robust earnings, and GE Aerospace has achieved a new 52-week high after…
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WASHINGTON BUREAU
U.S. Authorities Capture Venezuelan Fugitive Linked to Homicides in Grapevine, Texas
U.S. Immigration and Customs Enforcement and the North Texas Organized Crime Drug Enforcement Task Force
FLEOA Briefs Congressional Bipartisan Working Group on Urgent Recruitment and Retention Issues in Federal Law Enforcement
Yesterday, President Mat Silverman represented the Federal Law Enforcement Officers Association (FLEOA) at a meeting
The New Perks of Work: How Employers Are Rethinking Benefits to Keep Teams Happy and Whole
Companies are no longer competing on salary or job titles in a work landscape that’s been flipped, stretched, and redefined since 2020. You’ve probably noticed that the script has changed. Employees aren’t just looking for a paycheck—they want meaning, flexibility, and wellness that goes beyond the occasional pizza Friday…
David Hao on Building Inclusive Global Teams From the Ground Up
Inclusive global teams are a cornerstone of success in today’s interconnected world. Organizations with diverse talent pools outperform their competitors, foster innovation, and better address the needs of a global customer base. However, creating these teams requires more than simply hiring people from different countries. It demands intentionality, clear…
S&P Dow Jones Indices Reports U.S. Common Indicated Dividend Payments Increase of $15.3 Billion in Q1 2025 as Dividend Growth Continues to Slow
S&P Dow Jones Indices announced the indicated dividend net changes (increases less decreases) for U.S. domestic common stocks increased $15.3 billion during Q1 2025, compared to the $11.7 billion increase in Q4 2024 and the $16.0 billion increase in Q1 2024. Increases were $19.5 billion versus $14.2 billion for…
Revolutionizing Board Recruitment: Boardsi’s Role in Democratizing Access to Leadership
Board recruitment has traditionally been an exclusive process, favoring well-connected individuals within select networks. This approach has limited diversity and innovation, preventing fresh perspectives from shaping governance. Boardsi is challenging this outdated model by broadening access to leadership roles. By emphasizing inclusivity and accessibility, Boardsi is redefining board…
Goldstone Contracting Inc. Helping Homeowners in Maryland With Free Roof Inspections and Insurance-Paid Roof Replacements
For many homeowners, roof maintenance often takes a backseat—until an issue arises. However, neglecting regular roof inspections can lead to costly repairs or even a full roof replacement. Recognizing this, Goldstone Contracting Inc., a veteran-owned and family-operated roofing company, is stepping up to assist Maryland homeowners with free roof…
Members Trust Company recognized as one of America's Most Advisor Friendly Trust Companies for 2025 under leadership of CEO Ken Lako
At Members Trust Company (MTC), President and CEO Ken Lako has cultivated a distinctive approach to wealth management that balances sophisticated data analysis with genuine human connection. This methodology has earned MTC recognition as one of America’s Most Advisor Friendly Trust Companies for 2025, positioning the organization as a leader in the trust services marketplace.
“The financial services industry can sometimes feel heartless,” Lako observes. “Our mission at Members Trust Company is to bring heart back into the equation while maintaining the highest standards of performance and execution.”
Lako’s journey to developing this leadership philosophy began with successful entrepreneurial ventures, including an e-commerce business during the industry’s early days and a law practice. However, it was during his extensive career in wealth management, particularly his 20-plus year tenure at Wells Fargo, where he refined his approach to leadership and client service.
While at Wells Fargo, Lako led teams across multiple markets, including Seattle, Phoenix, San Diego, and Atlanta. With each relocation came the challenge of rebuilding trust and developing high-performing teams from scratch, all while ensuring his family transitioned well. These experiences taught him a valuable lesson that now forms the foundation of MTC’s approach: exceptional financial results stem directly…
New research from Nationwide and The American College of Financial Services reveals gap between rising life expectancy and financial preparedness
As the U.S. Census Bureau projects that the number of Americans reaching the age of 100 is set to quadruple by 2054, new research reveals a concerning gap in financial planning amidst this surge in longevity. According to a recent study conducted by the Nationwide Retirement Institute and The American College of Financial Services, millions of Americans are at risk of outliving their savings as lifespans extend into the 90s and beyond.
The research is part of the Nationwide Retirement Institute’s Century Club campaign, which focuses on the financial implications and consumer perceptions of increased life expectancy. It highlights a stark reality: extending retirement from 30 to 35 years can increase the risk of depleting savings by an alarming 41%, a trend that worsens with longer lifespans, especially among healthy, higher-income retirees.
A companion consumer survey indicates that many Americans are misjudging their likelihood of reaching 100 years old, as well as the financial strain that this level of longevity entails. Only 29% of respondents expressed a desire to live that long, often citing fears of declining health and financial instability. Alarmingly, about three in four participants worried they would run out of money before their time…
Veregy Approved as Participating Contractor in NY-Sun Incentive Program
Veregy, a leading decarbonization company, has proudly announced its approval as a participating contractor in the New York State Energy Research and Development Authority’s (NYSERDA) NY-Sun Incentive Program. This significant endorsement allows Veregy to provide enhanced solar solutions through both the Residential & Nonresidential and Commercial & Industrial…
U.S. Auto Sales to Reach 1.23 Million Units in February 2025, Indicating Mild Recovery Amid Economic Uncertainty
With volume for the month projected at 1.23 million units, February 2025 U.S. auto sales are estimated to translate to an estimated sales pace of 16.1 million units (seasonally adjusted annual rate: SAAR). This would be a step up from the 15.6 million unit pace of January 2025 and…
U.S. Home Prices Show Steady Gains in December 2024
S&P Dow Jones Indices (S&P DJI) announced the latest results for the S&P CoreLogic Case-Shiller Indices, revealing a 3.9% annual gain in U.S. home prices for December 2024. This marks a slight uptick from the previous month’s 3.7% annual increase, indicating a consistent upward trend in the housing…
Corporate Philanthropy Sees Shift in Strategy Amid Political Landscape Changes
In a dramatic response to recent shifts in the U.S. policy landscape, corporate philanthropy leaders are reevaluating their strategies for the upcoming year, prioritizing economic opportunity and education while scaling back initiatives focused on racial and gender equality. This trend emerges from a recent survey conducted by The Conference…
Land and Lot Supply Healthiest in Years as Market Sees Mixed Growth Trends Across Major Metropolitan Areas
The New Home Lot Supply Index (LSI – single-family vacant developed lots reflecting rate absorption via housing starts) for 4Q24 loosened quarter-over-quarter for the second quarter, while lot supply tightened year-over-year.
“Land and lot supply is at the healthiest levels we’ve seen in years,” said Ali Wolf, chief economist…
Habitat: Premium living between mountains and sea
By Michelle Kellett / Deputy Editor, Investing and Corporate NewsNorthern Cyprus is quickly gaining attention as one of the Mediterranean’s most promising destinations for real estate investment. With its combination of natural beauty, strategic location, and investor-friendly environment, the region offers an exceptional opportunity for those looking to grow capital or secure a home by the sea.
Over the past few years, property values have shown steady growth, while demand for rentals remains high throughout the year—driven by tourism, relocation, and the rising number of digital nomads. The island’s mild climate, unspoiled coastlines, and low crime rate make it an attractive place not just to invest, but to live.
Compared to other Mediterranean hotspots like Spain, Italy, France, or Turkey property prices here remain significantly more affordable—often 30% to 70% lower—without compromising on quality or lifestyle. Add to that low taxes, a simplified purchase process for foreign buyers, and the opportunity to obtain residence permits or set up tax-free businesses, and it becomes clear: Northern Cyprus is more than a beautiful location—it’s a smart investment.
Habitat: Premium living between mountains and sea
Among the island’s flagship developments, Habitat stands out as a one-of-a-kind luxury residential complex in Esentepe, Tatlısu district.
Completion date: October 2027
Spanning 26 hectares and located just 250 meters from the Mediterranean and 1,500 meters from the foothills of scenic mountains, Habitat is designed as a self-contained environment for living, leisure, and investment.
Set in a designated conservation area, the complex features only low-rise buildings—ensuring panoramic views from every corner of…
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Financial Inclusion: The Hidden Key to Economic Mobility With Insights From Adrien Matray
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In recent years, young people have become increasingly interested in investing worldwide. However, whether they have access to the right tools and educational resources to navigate this landscape effectively remains uncertain. Currently, 70% of retail investors are under 45, likely due to the growing number of technological advancements…
Law Firm Takes on Extortion and Blackmail Scam Epidemic
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Offshore Broker Transforms Wealth Management for a Global Audience
Offshore Broker is at an inflection point within the world of global finance. It is inviting all interested parties to shield their assets through offshore trusts, companies, and multi-currency banking services. Offshore Broker was established by marketing and business strategist Connor Steens and private banking expert John Evans. The…
The untapped wealth of the unbanked: how access to banking services transforms lives
James lives in a working-class neighborhood in Cleveland. Despite holding a steady job for years, he’s never had a bank account. Like many Americans in similar situations, James cashes his paychecks at a local check-cashing outlet, paying a 2% fee each time. He keeps his savings in cash at home and uses money orders to pay bills, incurring additional fees with each transaction.
James represents a significant portion of America’s population – the “unbanked.” According to research by economists Claire Célerier and Adrien Matray, about 30% of low-income Americans don’t have basic bank accounts. While poverty is often framed as an income problem, their groundbreaking research reveals that lack of access to basic financial services may be a crucial but overlooked barrier to economic mobility and wealth building.
“Financial inclusion is not just about having a convenient place to store money,” explains Adrien Matray, an economist at the Atlanta Fed and co-author of the study. “Our research shows it’s a fundamental tool for wealth accumulation and economic advancement, especially for low-income households.”
The Wealth-Building Power of Bank Accounts
In their study published in the Review of Financial Studies, Célerier and Matray found that simply having a bank account can dramatically improve…
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Tax Filing Expert Jennifer O’Neill of IRS HELP Talks About Filing in a Complex Regulatory Climate
Middle-Class Financial Resilience Shows Promising Signs Despite Ongoing Challenges
The American Council of Life Insurers (ACLI) has released its Financial Resilience Index for January 2025, revealing a cautiously optimistic outlook for middle-class households as they navigate ongoing financial pressures. The Index is a critical tool that assesses how well these households manage economic challenges and plan their…
New Research Links Urban Sprawl to Reduced Intergenerational Mobility for Low-Income Families
Urban sprawl is not just unsightly. It could also be impeding intergenerational mobility for low-income residents and reinforcing racial inequality, according to a series of recent studies led by a University of Utah geographer.
One analysis of tract-level Census data co-authored with a former economics graduate student in Utah’s College…
U.S. Home Prices Show Slower Growth in October 2024, Led by New York With 7.3% Annual Increase
S&P Dow Jones Indices (S&P DJI) released the October 2024 results for the S&P CoreLogic Case-Shiller Indices. The leading measure of U.S. home prices recorded a 3.6% annual gain in October 2024, a slight deceleration from the previous annual gains in 2024.
The S&P CoreLogic Case-Shiller U.S. National Home Price…