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Small Business Lifestyle

S&P 500 Could Hit 6500 by End of 2025, Goldman Sachs, Morgan Stanley Say [Video]

The S&P 500 index could hit 6500 by the end of next year, according to Goldman Sachs (GS) and Morgan Stanley (MS), boosted by the U.S. economy’s growth and higher corporate earnings.

That would represent a gain of about 10% from the index’s closing level Monday of 5,893.62. The S&P 500 recently traded around 5,905, up about 0.2% Tuesday.

Goldman Sachs chief equity strategist David Kostin wrote that the Wall Street firm’s forecast reflects a “12% total return with dividends” by the end of next year, “predicated on continued U.S. economic expansion, earnings growth of 11% in 2025.” The index has been on a tear this year.

The  Magnificent Seven stocks will continue to gain, Goldman said, but their margin of outperformance versus the other 493 stocks in the index will be smaller. Goldman also recommended buying mergers and acquisitions (M&A)candidates under a Donald Trump administration expected to ease regulation, …

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Small Business Lifestyle

Georgia man attacked by suspects posing as Amazon workers [Video]

Police in Georgia are investigating a home invasion and assault where the suspects were dressed as Amazon delivery men.According to a police report from the Savannah Police Department, the incident happened on Saturday morning.In the above video, you can see the two men approach the home. After a few moments, they force their way in and a commotion can be heard inside. After they leave, the victim is heard yelling for help.Officers responded around 8:30 a.m. to find the front door of the home ajar and the victim covered in blood.The 66-year-old victim told police that he heard a knock at the door, looked out and saw two men "which appeared to be from Amazon based on their clothing, holding a box."When he opened the door, he told police, he was attacked and assaulted.Both suspects reportedly asked where money was before hitting him in the head with a metal object.A witness at the scene told officers that he saw a Black man wearing an Amazon jacket running.The victim was taken to the hospital for treatment. Video evidence was collected at the scene.Savannah Mayor Van Johnson said Tuesday, "We will find out who did this. We have heard about this happening across the country."A GoFundMe has been established to help the victim.Sister station WJCL reached out to an Amazon spokesperson about this crime. They said, "Based off our internal investigation, we can confirm that these individuals were not making a scheduled delivery for Amazon. We monitor the internet regularly for unauthorized Amazon apparel and demand that those items are removed when and where we can. People who make deliveries on behalf of Amazon do not routinely knock on doors nor ask customers to sign for packages unless already prearranged." Johnson said, "I will tell you, we need to exercise caution at all times you don't just open your door for anybody no matter who they are."

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Small Business Lifestyle

Jamu is an Ancient Indonesian Tonic With Turmeric and Ginger [Video]

Jamu is an ancient Indonesian drink, typically made with turmeric, ginger, and various herbs and spices. It's been a cure-all in the country for centuries but has slowly made its way to the U.S.. Here's everything you need to know about this traditional drink.