5 days ago
Nahla Aubry, 18, has defended her mother Halle Berry against allegations made by Olivier Martinez.
Halle Berry's 18-year-old daughter, Nahla Aubry, has spoken out in defense of her mother amid an ongoing custody dispute involving Berry and her ex-husband Olivier Martinez. In a declaration filed in Los Angeles Superior Court, Nahla said she had never witnessed Berry act violently toward anyone or physically abuse 13-year-old Maceo.
Nahla described Berry as a "loving and devoted parent" who is warm, supportive, and deeply involved in her children's lives. She said she has lived with Maceo for most of his life and has never seen her mother hit, slap, choke, grab, or otherwise physically abuse him. Nahla also said she has seen her mother and Maceo playfully wrestle and interact affectionately, adding that she never saw him appear hurt or distressed afterward.
Nahla said she was "shocked, very sad, and very upset" when she learned about the allegations. She also said Berry has encouraged both children to maintain relationships with their fathers and has not spoken negatively about either man to them.
Martinez, Berry's former husband and Maceo's father, has sought sole custody of their son. In court filings, he alleged that Berry physically abused Maceo during a Sept. 26 incident, including allegations that she put her hands around the boy's neck and choked him.
#never
Halle Berry's 18-year-old daughter, Nahla Aubry, has spoken out in defense of her mother amid an ongoing custody dispute involving Berry and her ex-husband Olivier Martinez. In a declaration filed in Los Angeles Superior Court, Nahla said she had never witnessed Berry act violently toward anyone or physically abuse 13-year-old Maceo.
Nahla described Berry as a "loving and devoted parent" who is warm, supportive, and deeply involved in her children's lives. She said she has lived with Maceo for most of his life and has never seen her mother hit, slap, choke, grab, or otherwise physically abuse him. Nahla also said she has seen her mother and Maceo playfully wrestle and interact affectionately, adding that she never saw him appear hurt or distressed afterward.
Nahla said she was "shocked, very sad, and very upset" when she learned about the allegations. She also said Berry has encouraged both children to maintain relationships with their fathers and has not spoken negatively about either man to them.
Martinez, Berry's former husband and Maceo's father, has sought sole custody of their son. In court filings, he alleged that Berry physically abused Maceo during a Sept. 26 incident, including allegations that she put her hands around the boy's neck and choked him.
#never
5 days ago
Prince Harry and Meghan Markle wanted to keep their relationship out of the public eye.
Harry recently revealed the rule that helps him stay connected to Meghan and their two children, with a slight difference from when they were dating. The Duke of Sussex said he does not like being away from his wife and kids for more than 10 days.
Prince Harry and Meghan Markle began dating in 2016 after meeting through friends in London. They married in 2018 and have a son, Archie, and a daughter, Lilibet. They have lived in the UK, Canada, and California together, and recently moved back to England.
MEGA
Harry opened up about how he balances his professional commitments with his role as a husband and father. His new MasterClass, "Redefining Grief: Building Resilience Through Loss," aired on October 8. He said his family gives him energy and happiness.
#meghan #dating #duke #archie
Harry recently revealed the rule that helps him stay connected to Meghan and their two children, with a slight difference from when they were dating. The Duke of Sussex said he does not like being away from his wife and kids for more than 10 days.
Prince Harry and Meghan Markle began dating in 2016 after meeting through friends in London. They married in 2018 and have a son, Archie, and a daughter, Lilibet. They have lived in the UK, Canada, and California together, and recently moved back to England.
MEGA
Harry opened up about how he balances his professional commitments with his role as a husband and father. His new MasterClass, "Redefining Grief: Building Resilience Through Loss," aired on October 8. He said his family gives him energy and happiness.
#meghan #dating #duke #archie
5 days ago
A TikTok video posted by ciearratati, which has amassed close to 815,000 views and 3,364 comments, describes a woman's preference for high-maintenance friendships. She explained that she believes real friendships are supposed to involve that level of closeness. Ciearra said her friends' needs and concerns are never too much for her to handle, and she would much rather have close, familiar friendships than distant ones.
Ciearra began by saying that once she considers someone a friend, they're never too high-maintenance for her because she will make time for them if they need to talk or video chat. Even if she just met someone the day before and they want to see her again, she doesn't mind because, in her view, that's what friends are for.
She said, "No, you're not acting like I'm your boyfriend. No, it's not too high-maintenance. No, I don't feel like you're smothering me." Ciearra continued by explaining that this level of closeness is exactly what she wants in a friendship because she thrives on the connection she has with the people she considers friends.
She explained, "This is literally what I want. I literally want to do life with human beings." She went on to say that she doesn't consider a friendship one where you barely see each other throughout the year. Instead, she believes real friends should naturally see each other more often, and she said she actually looks forward to spending time with her friends.
Ciearra stated, "No, I don't want to see you every quarter of the year. I wanna see you way more than that, actually. Why are we doing quarterly meetings? What is this, a business or a friendship?" Ciearra believes many people view real friendships as "high-maintenance" because they are used to giving and accepting the bare minimum.
#want #friendship #close
Ciearra began by saying that once she considers someone a friend, they're never too high-maintenance for her because she will make time for them if they need to talk or video chat. Even if she just met someone the day before and they want to see her again, she doesn't mind because, in her view, that's what friends are for.
She said, "No, you're not acting like I'm your boyfriend. No, it's not too high-maintenance. No, I don't feel like you're smothering me." Ciearra continued by explaining that this level of closeness is exactly what she wants in a friendship because she thrives on the connection she has with the people she considers friends.
She explained, "This is literally what I want. I literally want to do life with human beings." She went on to say that she doesn't consider a friendship one where you barely see each other throughout the year. Instead, she believes real friends should naturally see each other more often, and she said she actually looks forward to spending time with her friends.
Ciearra stated, "No, I don't want to see you every quarter of the year. I wanna see you way more than that, actually. Why are we doing quarterly meetings? What is this, a business or a friendship?" Ciearra believes many people view real friendships as "high-maintenance" because they are used to giving and accepting the bare minimum.
#want #friendship #close
5 days ago
Actor C.W. Morgan has passed away at the age of 72. He was known for playing Billy Loomis' father in Scream and Scream 3. According to medical reports, Morgan died on August 30, 2026, though the reason has not been disclosed.
The confirmation of his death comes from Los Angeles County Medical Examiner records seen by TMZ and Entertainment Weekly. According to the records, Morgan died in a bathroom in Los Angeles. An LAPD spokesperson told TMZ that the death appears to be a result of natural causes.
Morgan was born in Bisbee, Arizona, and began his acting career in entertainment by starring in the 1991 TV series, Midnight Caller. Following that, he appeared in the 1992 TV movie, The Last of His Tribe. Besides the Scream movies, Morgan has also appeared in the film Metro and the TV show Nash Bridges as himself. In addition to his film and television work, he also lent his voice to the 1997 video game, The Last Express.
While his appearances were brief, his character, Hank Loomis, holds great importance to Scream fans. In the original film, it is revealed that Hank had an affair with Sidney Prescott's mother, which eventually led to his son, Billy, becoming Ghostface.
Morgan's daughter, Renata Macfie, paid tribute to the actor on Facebook. "I'm never going to have the right words for this post. Losing you has left the biggest hole in my heart. I will carry on our Mulholland drives and our Starbucks outings. I'm grateful and lucky to have had you as my daddy. My Guck. Rest easy, bubby. Life will never be the same without you and your poorly timed jokes that I inherited from you. Love you endlessly (no more fighting about that anymore, I win)."
#hank
The confirmation of his death comes from Los Angeles County Medical Examiner records seen by TMZ and Entertainment Weekly. According to the records, Morgan died in a bathroom in Los Angeles. An LAPD spokesperson told TMZ that the death appears to be a result of natural causes.
Morgan was born in Bisbee, Arizona, and began his acting career in entertainment by starring in the 1991 TV series, Midnight Caller. Following that, he appeared in the 1992 TV movie, The Last of His Tribe. Besides the Scream movies, Morgan has also appeared in the film Metro and the TV show Nash Bridges as himself. In addition to his film and television work, he also lent his voice to the 1997 video game, The Last Express.
While his appearances were brief, his character, Hank Loomis, holds great importance to Scream fans. In the original film, it is revealed that Hank had an affair with Sidney Prescott's mother, which eventually led to his son, Billy, becoming Ghostface.
Morgan's daughter, Renata Macfie, paid tribute to the actor on Facebook. "I'm never going to have the right words for this post. Losing you has left the biggest hole in my heart. I will carry on our Mulholland drives and our Starbucks outings. I'm grateful and lucky to have had you as my daddy. My Guck. Rest easy, bubby. Life will never be the same without you and your poorly timed jokes that I inherited from you. Love you endlessly (no more fighting about that anymore, I win)."
#hank
5 days ago
Olivia Colman joined her Wicker co-star Alexander Skarsgård on the red carpet for the film's screening at the 2026 BFI London Film Festival this evening, returning to the festival after attending opening night yesterday.
Courtesy of Celine
Wearing her hair down this time, Olivia opted for a black Celine gown with asymmetrical draping that gives the otherwise simple design an interesting twist. The contrast between the matte upper half and the sheen of the skirt is another detail I appreciate, preventing the look from falling flat.
But I just can't ignore the length.
There's far too much fabric gathering at the bottom. The structured hemline only adds to the heaviness, making the skirt look unnecessarily bulky when the rest of the gown has such a beautiful flow.
#skirt #wicker
Courtesy of Celine
Wearing her hair down this time, Olivia opted for a black Celine gown with asymmetrical draping that gives the otherwise simple design an interesting twist. The contrast between the matte upper half and the sheen of the skirt is another detail I appreciate, preventing the look from falling flat.
But I just can't ignore the length.
There's far too much fabric gathering at the bottom. The structured hemline only adds to the heaviness, making the skirt look unnecessarily bulky when the rest of the gown has such a beautiful flow.
#skirt #wicker
5 days ago
After Chad Lowe announced the death of his 13-year-old daughter, Fiona Lowe, he is sharing insight into his coping process.
On Thursday, Oct. 8, more than a week after Fiona Lowe died by suicide on Sept. 29, he took to his Instagram Stories to share a clip from Olivia Hunt's "On Healing" podcast. In the clip, author and self-described "soul coach" Gerry Hussey muses about believing in a "divine frequency" and what happens when someone dies.
"So when we die, where do we go? We return to a state of peace and love. Where were we before we were born?" he said, adding that he believes "there's a spirit that enters the body. It mobilizes. It gives us an intelligence and an awareness."
Mabel Lowe, 17, honors little sister Fiona Lowe days after her death
In the episode, originally released in July 2025, Hussey spoke about the grieving process involving accepting that "we control nothing" and that "nobody really knows why people die; ***** ody really knows why we live."
#lowe #hussey #clip #really
On Thursday, Oct. 8, more than a week after Fiona Lowe died by suicide on Sept. 29, he took to his Instagram Stories to share a clip from Olivia Hunt's "On Healing" podcast. In the clip, author and self-described "soul coach" Gerry Hussey muses about believing in a "divine frequency" and what happens when someone dies.
"So when we die, where do we go? We return to a state of peace and love. Where were we before we were born?" he said, adding that he believes "there's a spirit that enters the body. It mobilizes. It gives us an intelligence and an awareness."
Mabel Lowe, 17, honors little sister Fiona Lowe days after her death
In the episode, originally released in July 2025, Hussey spoke about the grieving process involving accepting that "we control nothing" and that "nobody really knows why people die; ***** ody really knows why we live."
#lowe #hussey #clip #really
5 days ago
Penélope Cruz continued her La Bola Negra press tour at the 2026 BFI London Film Festival, held at the Royal Festival Hall this evening.
Alan Chapman/Dave Benett/WireImage
The Chanel ambassador has been having plenty of fun experimenting with different styles and labels throughout this press tour. We saw it at TIFF and San Sebastián, and now London has given us another welcome change of direction.
This time, Penélope dipped into the archives for a Ralph Lauren Collection Spring 2014 suit.
The tailoring is impeccable, but it's the pattern play that really sells this look to me. The contrasting checks of the shirt and tie, alongside the dominate cuffs, add plenty of charm and personality to the classic black suit without making the combination feel too busy.
#cruz
Alan Chapman/Dave Benett/WireImage
The Chanel ambassador has been having plenty of fun experimenting with different styles and labels throughout this press tour. We saw it at TIFF and San Sebastián, and now London has given us another welcome change of direction.
This time, Penélope dipped into the archives for a Ralph Lauren Collection Spring 2014 suit.
The tailoring is impeccable, but it's the pattern play that really sells this look to me. The contrasting checks of the shirt and tie, alongside the dominate cuffs, add plenty of charm and personality to the classic black suit without making the combination feel too busy.
#cruz
5 days ago
Kids today might know Matthew Modine best for his role as Dr Brenner in Stranger Things but the star got his start back in the '80s with hits like Full Metal Jacket (1987). The actor has appeared in not one but two Christopher Nolan classics, The Dark Knight Rises and Oppenheimer, so we'd recommend digging back into his filmography.
Before you swap over to your TV screen, catch up on what the actor has been doing since he worked with Nicolas Cage and the successful lives of his wife and two kids below.
Caridad met while Matthew was working as a chef in New York
Matthew's long-term wife Caridad Rivera was born in the Lower East Side of Manhattan and is of Puerto Rican descent. She works as a makeup and wardrobe artist. Caridad and husband Matthew are still going strong four decades in.
The actor told Closer Weekly: "I'd been in a few relationships and wanted someone to be friends with. What's most important is to have a partner you share interests with, who challenges you, who is smarter than you." He added: "Then the physical side is a bonus. I hit the jackpot and got both!
#matthew #back #modine
Before you swap over to your TV screen, catch up on what the actor has been doing since he worked with Nicolas Cage and the successful lives of his wife and two kids below.
Caridad met while Matthew was working as a chef in New York
Matthew's long-term wife Caridad Rivera was born in the Lower East Side of Manhattan and is of Puerto Rican descent. She works as a makeup and wardrobe artist. Caridad and husband Matthew are still going strong four decades in.
The actor told Closer Weekly: "I'd been in a few relationships and wanted someone to be friends with. What's most important is to have a partner you share interests with, who challenges you, who is smarter than you." He added: "Then the physical side is a bonus. I hit the jackpot and got both!
#matthew #back #modine
5 days ago
Taylor Swift and Travis Kelce's plans for a more private Ohio retreat have run into some very public objections. Neighbors of the $5.35 million Lake Erie estate are challenging proposed landscaping and fencing, raising concerns about a shared sewer line, wildlife, and how the changes could affect their longtime homes.
A six-foot fence has already received approval, but parts of the landscaping remain unresolved. The property's representatives, meanwhile, say they have adjusted the plans, paid for sewer repairs and added gates to accommodate residents.
ZUMAPRESS.com / MEGA
According to the Daily Mail, the dispute centers on an estate in Bratenahl, a village outside Cleveland. Property records cited by the outlet show that an LLC linked to Kelce purchased the mansion in March. The 21,000-square-foot property features eight bedrooms, 11 bathrooms, and a two-bedroom guest cottage. Built in 1895, it also has a former ballroom converted into a game room and home theater.
But proposed changes to the grounds have become a sticking point with nearby residents. Katherine Bolton, who has lived next door for 35 years, described news of the new owners as a "tremendous blow" to "the peace and quiet in Bratenahl."
#estate
A six-foot fence has already received approval, but parts of the landscaping remain unresolved. The property's representatives, meanwhile, say they have adjusted the plans, paid for sewer repairs and added gates to accommodate residents.
ZUMAPRESS.com / MEGA
According to the Daily Mail, the dispute centers on an estate in Bratenahl, a village outside Cleveland. Property records cited by the outlet show that an LLC linked to Kelce purchased the mansion in March. The 21,000-square-foot property features eight bedrooms, 11 bathrooms, and a two-bedroom guest cottage. Built in 1895, it also has a former ballroom converted into a game room and home theater.
But proposed changes to the grounds have become a sticking point with nearby residents. Katherine Bolton, who has lived next door for 35 years, described news of the new owners as a "tremendous blow" to "the peace and quiet in Bratenahl."
#estate
5 days ago
Jennifer Lawrence has addressed her comments about Kourtney Kardashian. The actress previously called Kourtney "more annoying than ever" during a Vanity Fair lie detector test. Kourtney later shared details about Lawrence's apology on the Season 8 premiere of The Kardashians.
During the Vanity Fair segment, Lawrence discussed her favorite Kardashian sisters. She picked Khloé Kardashian before criticizing Kourtney for announcing personal lifestyle choices. "She drives me nuts," Lawrence said, adding that Kourtney should "just shh!"
Kourtney addressed the comments while talking to her friend Simon Huck on the reality series. She explained that the remarks affected her more because she was having a "really sensitive week." She said, "I felt like our show was airing and everybody was ganging up on me." However, when Kourtney later watched the full clip, she admitted, "Oh, it's not that bad actually."
Lawrence addressed the situation privately rather than continuing the exchange publicly. She reached out through Kim to get Kourtney's email and sent her a message explaining how she felt about the Kardashian family. Kourtney said the actress wrote, "I just feel like I'm one of your sisters."
She appreciated the gesture, but did not reply as she had only seen the message late the previous night. While discussing it with Huck, Kourtney said, "She asked Kim for my email, and then she sent me that email, which is so nice." However, Kardashian joked about sending Lawrence a fun response, "Do I say something funny?"
#vanity
During the Vanity Fair segment, Lawrence discussed her favorite Kardashian sisters. She picked Khloé Kardashian before criticizing Kourtney for announcing personal lifestyle choices. "She drives me nuts," Lawrence said, adding that Kourtney should "just shh!"
Kourtney addressed the comments while talking to her friend Simon Huck on the reality series. She explained that the remarks affected her more because she was having a "really sensitive week." She said, "I felt like our show was airing and everybody was ganging up on me." However, when Kourtney later watched the full clip, she admitted, "Oh, it's not that bad actually."
Lawrence addressed the situation privately rather than continuing the exchange publicly. She reached out through Kim to get Kourtney's email and sent her a message explaining how she felt about the Kardashian family. Kourtney said the actress wrote, "I just feel like I'm one of your sisters."
She appreciated the gesture, but did not reply as she had only seen the message late the previous night. While discussing it with Huck, Kourtney said, "She asked Kim for my email, and then she sent me that email, which is so nice." However, Kardashian joked about sending Lawrence a fun response, "Do I say something funny?"
#vanity
5 days ago
Kourtney Kardashian found herself on the receiving end of Jennifer Lawrence's sharp humor, but the reality star says the timing made the remarks land differently.
Lawrence had criticized Kardashian last year only to reach out afterward through Kim Kardashian.
By the time the exchange resurfaced on "The Kardashians," Kourtney had already reconsidered her original comments, though she still said they made her feel particularly vulnerable when they arrived.
The exchange began with Lawrence's teasing comments during a November 2025 Vanity Fair lie detector test, when she said Kourtney Kardashian "drives me nuts" and is "more annoying than ever."
However, Kourtney said the circumstances surrounding Lawrence's remarks mattered more than the words themselves.
#remarks #comments #jennifer #kardashians
Lawrence had criticized Kardashian last year only to reach out afterward through Kim Kardashian.
By the time the exchange resurfaced on "The Kardashians," Kourtney had already reconsidered her original comments, though she still said they made her feel particularly vulnerable when they arrived.
The exchange began with Lawrence's teasing comments during a November 2025 Vanity Fair lie detector test, when she said Kourtney Kardashian "drives me nuts" and is "more annoying than ever."
However, Kourtney said the circumstances surrounding Lawrence's remarks mattered more than the words themselves.
#remarks #comments #jennifer #kardashians
5 days ago
Sydney Sweeney's blonde bombshell aesthetic just might be hereditary.
The "Euphoria" actress and the late Marilyn Monroe are distant relatives, according to a new MyHeritage study shared with USA TODAY.
The genealogy research site notes the actresses are ninth cousins, once removed, meaning that there is a one-generation gap between them.
The Hollywood darlings share the common ancestors Ezra Perry and Elizabeth Burgess, 17th-century British settlers in Massachusetts, through Sweeney's father, Steven Sweeney, and Monroe's biological father, Charles Stanley Gifford, according to the online genealogy company.
The Perry-Burgess lineage also includes former President Franklin D. Roosevelt and Gen. Douglas MacArthur.
#monroe #myheritage
The "Euphoria" actress and the late Marilyn Monroe are distant relatives, according to a new MyHeritage study shared with USA TODAY.
The genealogy research site notes the actresses are ninth cousins, once removed, meaning that there is a one-generation gap between them.
The Hollywood darlings share the common ancestors Ezra Perry and Elizabeth Burgess, 17th-century British settlers in Massachusetts, through Sweeney's father, Steven Sweeney, and Monroe's biological father, Charles Stanley Gifford, according to the online genealogy company.
The Perry-Burgess lineage also includes former President Franklin D. Roosevelt and Gen. Douglas MacArthur.
#monroe #myheritage
5 days ago
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5 days ago
Lisa Vanderpump's nephew, Sam Vanderpump, recently opened up about his ongoing health struggles. The 29-year-old Made in Chelsea star shared that he is still awaiting a liver transplant following his diagnosis of end-stage liver disease.
Sam announced his diagnosis publicly in October 2025. The announcement came months after he suffered severe liver and kidney failure following sepsis in December 2024. In an Instagram post, he shared that he "lives with a genetic liver condition and polycystic kidney disease (PKD)."
While appearing on the October 7 episode of Good Morning Britain, Sam said, "When I was first told that I needed a transplant, they said maybe [in] the next two years I'd have a transplant. I think we're already a year down the line, and luckily my health hasn't deteriorated. But that is the fear."
The reality star, who dyed his hair pink to raise awareness about organ donation, said he has received an overwhelming response from fans. However, he clarified that getting a transplant is not that simple. Sam explained that organ donation follows a "certain procedure" that he cannot arrange himself.
"So if someone were interested in being a live donor for me, they would have to contact the hospital, King's College Hospital, and go through that route themselves," he added. "So, it's kind of like you're caught between a rock and a hard place. You want to get further up the list, but you don't want your health to deteriorate."
#Health #hospital
Sam announced his diagnosis publicly in October 2025. The announcement came months after he suffered severe liver and kidney failure following sepsis in December 2024. In an Instagram post, he shared that he "lives with a genetic liver condition and polycystic kidney disease (PKD)."
While appearing on the October 7 episode of Good Morning Britain, Sam said, "When I was first told that I needed a transplant, they said maybe [in] the next two years I'd have a transplant. I think we're already a year down the line, and luckily my health hasn't deteriorated. But that is the fear."
The reality star, who dyed his hair pink to raise awareness about organ donation, said he has received an overwhelming response from fans. However, he clarified that getting a transplant is not that simple. Sam explained that organ donation follows a "certain procedure" that he cannot arrange himself.
"So if someone were interested in being a live donor for me, they would have to contact the hospital, King's College Hospital, and go through that route themselves," he added. "So, it's kind of like you're caught between a rock and a hard place. You want to get further up the list, but you don't want your health to deteriorate."
#Health #hospital
5 days ago
Amcor plc (NYSE:AMCR) isn't a flashy business. Most people probably don't know much about the company, even though they come across its products every day. The company makes the packaging used for food, drinks, healthcare products, beauty products, and plenty of other everyday items.
That gives the company an interesting quality from an investment perspective. Consumers may cut back on certain purchases when the economy gets tougher, but they still need to buy food, medicine, and other basic products. About 60% of Amcor's markets are tied to nutrition, while health, beauty, and wellness make up another 25%. Billionaires are gravitating towards another packaging company, and that has also returned nearly 20% in the past year. Find here.
The company's size is another advantage. Amcor operates across a large global manufacturing network and has relationships with major customers that have been built over many years. It also offers a wide range of packaging formats and materials. For a large multinational customer, being able to deal with one supplier across multiple markets can be a meaningful advantage. The Berry Global acquisition has made Amcor even larger, although it also brought more debt onto the balance sheet.
Amcor plc (NYSE:AMCR) pays $0.65 per share every quarter, giving investors an annual dividend of $2.60. At the October 7 closing price of $41.26, that works out to a yield of about 6.3%. That's a big yield for a company selling products that are tied to everyday consumption. However, a high yield doesn't automatically make a dividend attractive. What matters is whether the business can actually afford to keep paying it. Amcor's latest numbers offer some comfort. Its steady dividend growth is one reason the stock remains popular with income-focused investors.
The company generated $1.303 billion in free cash flow during fiscal 2026, while adjusted diluted EPS came in at $4.02, up 13% from the previous year. Amcor also increased its annual dividend to $2.60. On an adjusted earnings basis, the payout ratio is around 65%. That's not unusual for a mature company and doesn't immediately raise a red flag.
#NYSE
That gives the company an interesting quality from an investment perspective. Consumers may cut back on certain purchases when the economy gets tougher, but they still need to buy food, medicine, and other basic products. About 60% of Amcor's markets are tied to nutrition, while health, beauty, and wellness make up another 25%. Billionaires are gravitating towards another packaging company, and that has also returned nearly 20% in the past year. Find here.
The company's size is another advantage. Amcor operates across a large global manufacturing network and has relationships with major customers that have been built over many years. It also offers a wide range of packaging formats and materials. For a large multinational customer, being able to deal with one supplier across multiple markets can be a meaningful advantage. The Berry Global acquisition has made Amcor even larger, although it also brought more debt onto the balance sheet.
Amcor plc (NYSE:AMCR) pays $0.65 per share every quarter, giving investors an annual dividend of $2.60. At the October 7 closing price of $41.26, that works out to a yield of about 6.3%. That's a big yield for a company selling products that are tied to everyday consumption. However, a high yield doesn't automatically make a dividend attractive. What matters is whether the business can actually afford to keep paying it. Amcor's latest numbers offer some comfort. Its steady dividend growth is one reason the stock remains popular with income-focused investors.
The company generated $1.303 billion in free cash flow during fiscal 2026, while adjusted diluted EPS came in at $4.02, up 13% from the previous year. Amcor also increased its annual dividend to $2.60. On an adjusted earnings basis, the payout ratio is around 65%. That's not unusual for a mature company and doesn't immediately raise a red flag.
#NYSE
5 days ago
Sean "Diddy" Combs' projected prison release has moved back 41 days, reversing recent changes that had brought his expected release closer.
Bureau of Prisons records reviewed by PEOPLE on Oct. 7 list March 2, 2028. Combs is currently held at FCI Fort Dix, a low-security federal prison in New Jersey.
The previous projection, Jan. 21, 2028, appeared in records reviewed Sept. 29 and reported by Wealth of Geeks the following day.
The BOP declined to explain the revision, citing privacy, safety and security. A spokesperson for Combs told Us Weekly that his team receives no explanation of how the agency adjusts his dates.
In a Sept. 29 investigation, NBC News reporters Rich Schapiro and Chloe Melas interviewed four men who had spent time in Combs' housing unit. The outlet also reviewed prison photographs and video, including footage appearing to show him using a contraband cellphone.
#combs #records #security
Bureau of Prisons records reviewed by PEOPLE on Oct. 7 list March 2, 2028. Combs is currently held at FCI Fort Dix, a low-security federal prison in New Jersey.
The previous projection, Jan. 21, 2028, appeared in records reviewed Sept. 29 and reported by Wealth of Geeks the following day.
The BOP declined to explain the revision, citing privacy, safety and security. A spokesperson for Combs told Us Weekly that his team receives no explanation of how the agency adjusts his dates.
In a Sept. 29 investigation, NBC News reporters Rich Schapiro and Chloe Melas interviewed four men who had spent time in Combs' housing unit. The outlet also reviewed prison photographs and video, including footage appearing to show him using a contraband cellphone.
#combs #records #security
5 days ago
Minka Kelly and Imagine Dragons frontman Dan Reynolds have split after nearly four years together, according to an Oct. 7 report from PEOPLE.
A source close to the former couple said the breakup "happened recently." The report did not identify a reason or say exactly when the relationship ended.
TMZ also confirmed the split. Representatives for both stars had not responded to either outlet's requests for comment when the reports were published.
Kelly, 46, and Reynolds, 39, were first photographed together in November 2022, when they spent more than five hours having dinner at Café Stella in Los Angeles.
Kelly and Reynolds made their red-carpet debut as a couple at the Museum of Contemporary Art's gala in Los Angeles on May 30, PEOPLE reported. She wore a bright orange Roland Mouret dress, while he paired a beige suit with a black shirt.
#kelly #reynolds #people
A source close to the former couple said the breakup "happened recently." The report did not identify a reason or say exactly when the relationship ended.
TMZ also confirmed the split. Representatives for both stars had not responded to either outlet's requests for comment when the reports were published.
Kelly, 46, and Reynolds, 39, were first photographed together in November 2022, when they spent more than five hours having dinner at Café Stella in Los Angeles.
Kelly and Reynolds made their red-carpet debut as a couple at the Museum of Contemporary Art's gala in Los Angeles on May 30, PEOPLE reported. She wore a bright orange Roland Mouret dress, while he paired a beige suit with a black shirt.
#kelly #reynolds #people
5 days ago
Kylie Kelce revealed why she wouldn't put her daughters' faces on social media. Recently, the mom of four appeared on a podcast and discussed her kids' involvement in her online posts. Kelce revealed she didn't struggle with it when she had her first daughter, but things changed eventually. As the family grew famous, the doting mother decided not to show her children's faces online.
Kylie Kelce and Jason Kelce protect their daughters' privacy on social media. During the podcaster's appearance on Tay Lautner's podcast, "The Squeeze," Kelce opened up about online privacy for kids. She and the retired NFL player share four daughters, Wyatt, Elliotte, Bennett, and Finnley. They rarely feature in the couple's photos on Instagram.
Speaking of the same, the 34-year-old mom told Lautner that things changed when their family grew popular. "I post infrequently overall, and I post even less frequently about our children," she said.
"I didn't want to exclude them entirely, [but] I made it a point to stop putting their faces on my social media." Furthermore, she explained that Jason's retirement documentary became the "turning point" in their lives. It required the children to be on camera, which made her realize that people couldn't set boundaries for themselves. Hence, Kelce drew it for them.
"I feel really strongly about going forward just for their safety to not include them in anything," she said. According to her, their children's "safety" will always be their top priority. Kelce also admitted that she tries to be careful about what photos she posts online related to her kids. She worries about how they would react in the future when they search for it online.
#four
Kylie Kelce and Jason Kelce protect their daughters' privacy on social media. During the podcaster's appearance on Tay Lautner's podcast, "The Squeeze," Kelce opened up about online privacy for kids. She and the retired NFL player share four daughters, Wyatt, Elliotte, Bennett, and Finnley. They rarely feature in the couple's photos on Instagram.
Speaking of the same, the 34-year-old mom told Lautner that things changed when their family grew popular. "I post infrequently overall, and I post even less frequently about our children," she said.
"I didn't want to exclude them entirely, [but] I made it a point to stop putting their faces on my social media." Furthermore, she explained that Jason's retirement documentary became the "turning point" in their lives. It required the children to be on camera, which made her realize that people couldn't set boundaries for themselves. Hence, Kelce drew it for them.
"I feel really strongly about going forward just for their safety to not include them in anything," she said. According to her, their children's "safety" will always be their top priority. Kelce also admitted that she tries to be careful about what photos she posts online related to her kids. She worries about how they would react in the future when they search for it online.
#four
5 days ago
Teresa Giudice's daughter, Milania Giudice, appears to be looking at her mother a little differently after their recent airport clash.
The 20-year-old reality star's daughter offered Teresa a public apology this week after a video of their shocking confrontation drew online attention.
Rather than letting the airport drama define their relationship, she turned to social media with a surprisingly affectionate message for the Real Housewives of New Jersey star.
😳 Teresa Giudice tells cops daughter Milania had fentanyl in her system.
🎥: Tampa International Airport Police pic.twitter.com/vvtDY8cPR4
— TMZ (TMZ) September 28, 2026
#rather #housewives #jersey #tampa
The 20-year-old reality star's daughter offered Teresa a public apology this week after a video of their shocking confrontation drew online attention.
Rather than letting the airport drama define their relationship, she turned to social media with a surprisingly affectionate message for the Real Housewives of New Jersey star.
😳 Teresa Giudice tells cops daughter Milania had fentanyl in her system.
🎥: Tampa International Airport Police pic.twitter.com/vvtDY8cPR4
— TMZ (TMZ) September 28, 2026
#rather #housewives #jersey #tampa
5 days ago
King Charles and Ex-Prince Andrew reportedly have a $1.3 million allowance arrangement, with the monarch allegedly providing financial support to his younger brother from his own pocket. According to a new report, the former Duke of York may now be "idling away" his days at Marsh Farms on the Sandringham estate after leaving Royal Lodge.
Speculation about Andrew's whereabouts has intensified since his departure, while recent reports have claimed that Charles is giving his brother a substantial annual allowance.
King Charles reportedly gives his brother, Ex-Prince Andrew, more than $1 million in annual allowance. The Times of London recently reported that the alleged arrangement has raised eyebrows. Since the former duke left Royal Lodge, speculation has been rife about how he has been spending his days at his new home.
For those unfamiliar with the situation, Charles stripped his brother of his royal ****** les last year. Andrew was also sent to Marsh Farms on the Sandringham estate, where he was expected to keep a low profile.
However, his arrest in February sparked another controversy for the royal family. Since then, questions have continued to surround Andrew's day-to-day life, with some wondering whether he was simply "idling away his days in misery."
#king #marsh
Speculation about Andrew's whereabouts has intensified since his departure, while recent reports have claimed that Charles is giving his brother a substantial annual allowance.
King Charles reportedly gives his brother, Ex-Prince Andrew, more than $1 million in annual allowance. The Times of London recently reported that the alleged arrangement has raised eyebrows. Since the former duke left Royal Lodge, speculation has been rife about how he has been spending his days at his new home.
For those unfamiliar with the situation, Charles stripped his brother of his royal ****** les last year. Andrew was also sent to Marsh Farms on the Sandringham estate, where he was expected to keep a low profile.
However, his arrest in February sparked another controversy for the royal family. Since then, questions have continued to surround Andrew's day-to-day life, with some wondering whether he was simply "idling away his days in misery."
#king #marsh
5 days ago
Kevin Bacon and Kyra Sedgwick are one of Hollywood's most adored couples. Their decades long marriage and movie and TV success is a testament to their enduring love story but that's not to say they haven't faced hardship.
The couple — who are worth an estimated $100 million — previously faced a financial scandal that turned their lives upside dow.
It led to a huge lifestyle change and impacted their future in a way they never expected. Here's what happened.
They've been together since the '80s (@ AFP via Getty Images)
In the early 2000s, Kevin and Kyra Sedgwick, like many wealthy individuals, looked for opportunities to grow their bank balance through investments. They were introduced to a high-return investment opportunity that seemed too good to pass up... only it turned out to be a Ponzi scheme.
#kyra #sedgwick #turned #bacon
The couple — who are worth an estimated $100 million — previously faced a financial scandal that turned their lives upside dow.
It led to a huge lifestyle change and impacted their future in a way they never expected. Here's what happened.
They've been together since the '80s (@ AFP via Getty Images)
In the early 2000s, Kevin and Kyra Sedgwick, like many wealthy individuals, looked for opportunities to grow their bank balance through investments. They were introduced to a high-return investment opportunity that seemed too good to pass up... only it turned out to be a Ponzi scheme.
#kyra #sedgwick #turned #bacon
5 days ago
A reconciliation for Kourtney Kardashian Barker and Jennifer Lawrence is in the Kards.
Kardashian Barker, the eldest of Kar-Jenner siblings, revealed on the Season 8 premiere of "The Kardashians" (Hulu, Thursdays) how much the Oscar-winning actress' recent criticisms stung, and that Lawrence expressed her regret in an email.
During a round of Vanity Fair's Lie Detector Tests, which was shared to the outlet's YouTube channel in November 2025, Lawrence identified Khloé Kardashian as her favorite Kardashian.
"Kourtney is more annoying than ever," Lawrence, 36, told a puzzled Robert Pattinson, her "Die My Love" costar. "She drives me nuts… Because everything has to be an announcement. It's like, 'I'm not going to wear outfits anymore.' Like, just wear whatever you want. Don't make an announcement about it. Or, like, 'I don't have a TV in my room.' Just don't watch TV. Stop announcing it. Just shh!"
While driving with her friend, Simon Huck, Kardashian Barker, 47, explained that her emotions stirred back up after her mom, Kris Jenner, sent her family a message, saying, "'Jennifer Lawrence and Emma Stone, I talked to them last night. They're the best,' or something."
#kardashian #jennifer #wear
Kardashian Barker, the eldest of Kar-Jenner siblings, revealed on the Season 8 premiere of "The Kardashians" (Hulu, Thursdays) how much the Oscar-winning actress' recent criticisms stung, and that Lawrence expressed her regret in an email.
During a round of Vanity Fair's Lie Detector Tests, which was shared to the outlet's YouTube channel in November 2025, Lawrence identified Khloé Kardashian as her favorite Kardashian.
"Kourtney is more annoying than ever," Lawrence, 36, told a puzzled Robert Pattinson, her "Die My Love" costar. "She drives me nuts… Because everything has to be an announcement. It's like, 'I'm not going to wear outfits anymore.' Like, just wear whatever you want. Don't make an announcement about it. Or, like, 'I don't have a TV in my room.' Just don't watch TV. Stop announcing it. Just shh!"
While driving with her friend, Simon Huck, Kardashian Barker, 47, explained that her emotions stirred back up after her mom, Kris Jenner, sent her family a message, saying, "'Jennifer Lawrence and Emma Stone, I talked to them last night. They're the best,' or something."
#kardashian #jennifer #wear
5 days ago
It took Michael Douglas and Kathleen Turner a minute to get on the same page about coming clean about their love affair from decades ago.
In his new memoir One **** uva Ride, Michael, 82, revealed that he and Turner, 72, had a secret romance while filming the 1984 flick Romancing the Stone in Mexico, during which he considered himself separated from his then-wife Diandra Douglas, according to an expert on the book obtained by People.
A source tells Examiner that "at first" the Wall Street actor's "decision to come clean didn't go over well" with the Body Heat actress.
"She's an incredibly private person these days, the last thing she wanted was for people to be talking about her **** life, even if [it] was 40 years ago," the source explains.
Beitia Archives / Digital Press Photos/Newscom/The Mega Agency
#douglas #source #romancing
In his new memoir One **** uva Ride, Michael, 82, revealed that he and Turner, 72, had a secret romance while filming the 1984 flick Romancing the Stone in Mexico, during which he considered himself separated from his then-wife Diandra Douglas, according to an expert on the book obtained by People.
A source tells Examiner that "at first" the Wall Street actor's "decision to come clean didn't go over well" with the Body Heat actress.
"She's an incredibly private person these days, the last thing she wanted was for people to be talking about her **** life, even if [it] was 40 years ago," the source explains.
Beitia Archives / Digital Press Photos/Newscom/The Mega Agency
#douglas #source #romancing
5 days ago
Former Bachelor Australia star and fitness coach Sam Wood will remain in jail after he was denied bail over alleged domestic violence offences.
Wood was arrested on Saturday at a beachfront property on Queensland's Sunshine Coast, and later charged with domestic violence ***** ault and strangulation.
His lawyer told the court on Thursday Wood may argue he acted in self defence during a family fight, but stressed he denies the strangulation charge.
The 46-year-old rose to fame in the 2015 season of the reality TV show and later became the public face of a popular online home fitness and nutrition brand, 28 by Sam Wood - from which he was dumped after his arrest.
Wood - who lives in Melbourne but was on holiday in Noosa - appeared via videolink at Maroochydore Magistrates Court where he applied for bail after five nights in custody.
#Fitness #violence #strangulation #former
Wood was arrested on Saturday at a beachfront property on Queensland's Sunshine Coast, and later charged with domestic violence ***** ault and strangulation.
His lawyer told the court on Thursday Wood may argue he acted in self defence during a family fight, but stressed he denies the strangulation charge.
The 46-year-old rose to fame in the 2015 season of the reality TV show and later became the public face of a popular online home fitness and nutrition brand, 28 by Sam Wood - from which he was dumped after his arrest.
Wood - who lives in Melbourne but was on holiday in Noosa - appeared via videolink at Maroochydore Magistrates Court where he applied for bail after five nights in custody.
#Fitness #violence #strangulation #former
5 days ago
In a 2025 Vanity Fair video, Jennifer Lawrence said Kourtney Kardashian was "more annoying than ever," referring to her behavior on The Kardashians
In the season 8 premiere of the reality show, Kourtney reacted to the comments and revealed that the actress sent her an email afterward
"I mean, do I say something funny? Like, 'You can come over and I'll beat your f---ing ***** ?' " Kourtney asked friend Simon Huck as she debated how to reply to Lawrence's email
Kourtney Kardashian is sharing her side of the story after Jennifer Lawrence called her out last year.
In a November 2025 video for Vanity Fair's lie detector test, Lawrence said that Kardashian "drives me nuts" and is "more annoying than ever." Lawrence, who has long been open about her love for the Kardashian family and their reality shows, reached out to Kourtney, 47, after the video was posted.
#lawrence #Reality #email #fair
In the season 8 premiere of the reality show, Kourtney reacted to the comments and revealed that the actress sent her an email afterward
"I mean, do I say something funny? Like, 'You can come over and I'll beat your f---ing ***** ?' " Kourtney asked friend Simon Huck as she debated how to reply to Lawrence's email
Kourtney Kardashian is sharing her side of the story after Jennifer Lawrence called her out last year.
In a November 2025 video for Vanity Fair's lie detector test, Lawrence said that Kardashian "drives me nuts" and is "more annoying than ever." Lawrence, who has long been open about her love for the Kardashian family and their reality shows, reached out to Kourtney, 47, after the video was posted.
#lawrence #Reality #email #fair
6 days ago
It's common for new investors to want to hit home runs in their first at-bats. That situation is arguably amplified at a time when major equity indexes are regularly hitting record highs.
With glamorous, high-octane growth stocks leading the charge, some market participants may be losing sight of the value of the singles-and-doubles approach to dividend investing. Those investors shouldn't ignore history. Though the percentage trended lower over the past decade due to the prominence of low-yield and non-dividend tech darlings, dividends accounted for about a third of the S&P 500's total returns over the past century.
Missed AI's "Act 1"? Act 2 Could Be 14x Bigger. Most investors think they missed the AI boat because they didn't buy Nvidia in 2005. But according to our ******* ysts, we're only at the end of "Act 1"—the R&D phase. "Act 2" is the global rollout. Continue »
Most investors don't think in 100-year increments, and that's understandable, but when it comes to dividend investing, history and long-term perspectives matter. And the Schwab U.S. Dividend Equity ETF (NYSEMKT: SCHD) is a prime example of a dividend exchange-traded fund (ETF) with a compelling history for long-term investors.
Locked in a seemingly daily battle with the Vanguard Dividend Appreciation ETF for the ******* le of the largest dividend ETF, the $108 billion Schwab fund has a nearly unmatched track record. Two weeks shy of its 15th birthday, this ETF, which tracks the Dow Jones U.S. Dividend 100 Index, has returned 532% since its launch.
#investors
With glamorous, high-octane growth stocks leading the charge, some market participants may be losing sight of the value of the singles-and-doubles approach to dividend investing. Those investors shouldn't ignore history. Though the percentage trended lower over the past decade due to the prominence of low-yield and non-dividend tech darlings, dividends accounted for about a third of the S&P 500's total returns over the past century.
Missed AI's "Act 1"? Act 2 Could Be 14x Bigger. Most investors think they missed the AI boat because they didn't buy Nvidia in 2005. But according to our ******* ysts, we're only at the end of "Act 1"—the R&D phase. "Act 2" is the global rollout. Continue »
Most investors don't think in 100-year increments, and that's understandable, but when it comes to dividend investing, history and long-term perspectives matter. And the Schwab U.S. Dividend Equity ETF (NYSEMKT: SCHD) is a prime example of a dividend exchange-traded fund (ETF) with a compelling history for long-term investors.
Locked in a seemingly daily battle with the Vanguard Dividend Appreciation ETF for the ******* le of the largest dividend ETF, the $108 billion Schwab fund has a nearly unmatched track record. Two weeks shy of its 15th birthday, this ETF, which tracks the Dow Jones U.S. Dividend 100 Index, has returned 532% since its launch.
#investors
6 days ago
WASHINGTON — Republican U.S. Senate candidate Mike Rogers appears to be breaking with President Donald Trump on another key issue less than a month before Election Day.
"Drinking a Labatt and watching the Red Wings, man, it just doesn't get any more Michigan than that," Rogers said in a new ad released Oct. 7. "Here in Michigan, we know that Canada is not our enemy. We need to end this tariff war now."
The statement marks the second time in recent weeks that Rogers spoke out — without criticizing Trump by name — against one of the president's unpopular initiatives. This time, Rogers is calling for an end to Trump's widespread trade war against Canada, America's second-biggest trading partner, while drinking a Canadian beer that's banned from import under the president's latest trade restrictions.
The Republican Senate nominee also split with Trump on the Iran war in late September, saying it "needs to end and end quickly."
Rogers' public shift on tariffs comes amid mounting opposition in Michigan to Trump's tariffs and GOP concerns that voters will reject their candidates up and down the ballot for failing to address cost-of-living concerns. Election Day is Nov. 3, though more than 200,000 Michiganians have already cast absentee ballots.
#Trump #election #drinking
"Drinking a Labatt and watching the Red Wings, man, it just doesn't get any more Michigan than that," Rogers said in a new ad released Oct. 7. "Here in Michigan, we know that Canada is not our enemy. We need to end this tariff war now."
The statement marks the second time in recent weeks that Rogers spoke out — without criticizing Trump by name — against one of the president's unpopular initiatives. This time, Rogers is calling for an end to Trump's widespread trade war against Canada, America's second-biggest trading partner, while drinking a Canadian beer that's banned from import under the president's latest trade restrictions.
The Republican Senate nominee also split with Trump on the Iran war in late September, saying it "needs to end and end quickly."
Rogers' public shift on tariffs comes amid mounting opposition in Michigan to Trump's tariffs and GOP concerns that voters will reject their candidates up and down the ballot for failing to address cost-of-living concerns. Election Day is Nov. 3, though more than 200,000 Michiganians have already cast absentee ballots.
#Trump #election #drinking
6 days ago
National Republicans have spent months trying to rescue Ken Paxton. He's complicating that effort.
Tensions are brewing with some Republicans after POLITICO published Paxton's closed-door comments that "D.C." Republicans were largely controlling his race.
"He is welcome to raise his own money and say whatever he wants," said one Republican involved in the Paxton rescue effort, who like others in this article was granted anonymity to speak candidly. "In fact, if he did that, he'd probably be winning right now and we wouldn't need to spend all this money."
"This just seems like Paxton preparing to blame others for what might be one of the most embarrassing defeats in modern political history," said Carlos Curbelo, a former Florida GOP representative.
Senate Republicans and top operatives didn't want to be in this position in the first place. Many had warned that the Trump effort to unseat Sen. John Cornyn and back Paxton in the primary would cost Republicans hundreds of millions to drag Paxton across the finish line in the general election. Cornyn and Senate GOP groups spent millions of dollars on ads during the primary attacking Paxton over his series of scandals and warning he was a flawed candidate.
#republicans #spent #rescue
Tensions are brewing with some Republicans after POLITICO published Paxton's closed-door comments that "D.C." Republicans were largely controlling his race.
"He is welcome to raise his own money and say whatever he wants," said one Republican involved in the Paxton rescue effort, who like others in this article was granted anonymity to speak candidly. "In fact, if he did that, he'd probably be winning right now and we wouldn't need to spend all this money."
"This just seems like Paxton preparing to blame others for what might be one of the most embarrassing defeats in modern political history," said Carlos Curbelo, a former Florida GOP representative.
Senate Republicans and top operatives didn't want to be in this position in the first place. Many had warned that the Trump effort to unseat Sen. John Cornyn and back Paxton in the primary would cost Republicans hundreds of millions to drag Paxton across the finish line in the general election. Cornyn and Senate GOP groups spent millions of dollars on ads during the primary attacking Paxton over his series of scandals and warning he was a flawed candidate.
#republicans #spent #rescue
6 days ago
America's older households sit on nearly $140 trillion in wealth, and much of it showed up recently.
Households age 55 and over held around three-quarters of the nation's total net worth in the second quarter of 2026, according to an Oct. 1 report from Bank of America Institute, based on ******* ysis of Federal Reserve data. "With equity markets rising strongly," wrote senior economist David Michael Tinsley, those households have seen "a more than 20% increase in their net worth over the past two years."
That rally has run on AI. The Magnificent Seven accounted for more than half of the S&P 500's gains last year, Fortune reported in April, and Goldman Sachs strategists found technology stocks drove 85% of the index's return through mid-May this year. "AI-driven return has been the single most important structural driver of equity performance," Capgemini's Luca Russignan told Yahoo Finance in June. Boomers own 54% of all U.S. stocks.
That's a lopsided split. Americans 55 and over make up about 31% of the population, according to Census Bureau estimates, but control roughly 75% of its net worth.
The pile gives many older Americans what the institute calls "considerable capacity to spend on travel and other leisure categories." Add their growing share of the population and their extra free time, and they become an increasingly influential market for businesses chasing consumer dollars. The BofA report focused mainly on the economic implications of a growing mass of older consumers, but the generational wealth composition was striking.
#households #institute #according #report
Households age 55 and over held around three-quarters of the nation's total net worth in the second quarter of 2026, according to an Oct. 1 report from Bank of America Institute, based on ******* ysis of Federal Reserve data. "With equity markets rising strongly," wrote senior economist David Michael Tinsley, those households have seen "a more than 20% increase in their net worth over the past two years."
That rally has run on AI. The Magnificent Seven accounted for more than half of the S&P 500's gains last year, Fortune reported in April, and Goldman Sachs strategists found technology stocks drove 85% of the index's return through mid-May this year. "AI-driven return has been the single most important structural driver of equity performance," Capgemini's Luca Russignan told Yahoo Finance in June. Boomers own 54% of all U.S. stocks.
That's a lopsided split. Americans 55 and over make up about 31% of the population, according to Census Bureau estimates, but control roughly 75% of its net worth.
The pile gives many older Americans what the institute calls "considerable capacity to spend on travel and other leisure categories." Add their growing share of the population and their extra free time, and they become an increasingly influential market for businesses chasing consumer dollars. The BofA report focused mainly on the economic implications of a growing mass of older consumers, but the generational wealth composition was striking.
#households #institute #according #report
6 days ago
Apple's 2.5B active devices and 1.5B paid subscriptions let it monetize AI without heavy data center spending, fueling a 9th straight EPS beat.
Microsoft's AI infrastructure spending surged 79% to $116B, shrinking free cash flow, while Apple's customers fund AI hardware themselves.
Siri AI awaits EU and China approval, iCloud+ upgrades haven't launched yet, and a $30B Broadcom chip deal gives Apple untapped upside catalysts.
Read More: Learn 7 ways to generate income with a $1,000,000+ portfolio (sponsor)
I added to my Apple (NASDAQ:AAPL) position this month and expect to add more after the October 29 earnings report. The market has misunderstood Apple's AI strategy.
#Apple #broadcom
Microsoft's AI infrastructure spending surged 79% to $116B, shrinking free cash flow, while Apple's customers fund AI hardware themselves.
Siri AI awaits EU and China approval, iCloud+ upgrades haven't launched yet, and a $30B Broadcom chip deal gives Apple untapped upside catalysts.
Read More: Learn 7 ways to generate income with a $1,000,000+ portfolio (sponsor)
I added to my Apple (NASDAQ:AAPL) position this month and expect to add more after the October 29 earnings report. The market has misunderstood Apple's AI strategy.
#Apple #broadcom