GAP stands for Guaranteed Asset Protection. It's designed to cover the difference in price between what you paid for your car and what your car insurance is paying out for a write-off, theft, or other total loss claim.
Young investors like Michelle Huynh, Shyan Lim, and U Chan Lee are increasingly investing in volatile tech stocks, particularly those linked to AI, to combat shrinking purchasing power and achieve financial goals. Despite significant gains and drops, many view these as long-term bets, while authorities in South Korea curb speculative borrowing.
UK businesses like Glow For It, Malik Butchers, and Adorina are experiencing substantial growth and sales, with over 40% of some sales coming from TikTok Shop UK's live shopping events. This trend is reshaping consumer behavior, though a debt advice service warns of potential overspending risks.
A US federal judge has issued a 14-day temporary restraining order, blocking the proposed $110bn merger between Paramount, Skydance, and Warner Bros Discovery. The decision follows a lawsuit by 12 US states, including California and New York, citing concerns over stifled competition and potential price increases for consumers.
A federal judge ordered a two-week halt to the $81bn Paramount-Warner Bros Discovery merger after 12 states, led by California, sued to block the deal, citing concerns over competition and consumer choice in Hollywood.
Ryanair reassures passengers about flight safety after a mid-air incident where a passenger was nearly sucked out of a window on a flight from Thessaloniki to Memmingen. The airline's CFO stated they are cooperating with the NTSB investigation and noted strong summer bookings despite Middle East conflict and new EU digital entry system challenges.
Donald Trump's family crypto ventures generated over $2.2 billion, with a significant portion allegedly stemming from investments by Chinese crypto billionaire Justin Sun. Their initial partnership, which included Sun's substantial investment in Trump's $WLFI token and memecoin, has since devolved into dueling lawsuits, raising concerns about regulatory influence and potential corruption.
