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The Fund is a 'fund of funds,' meaning that it primarily invests its assets in the shares of other exchange-traded funds (ETFs), rather than in securities of individual companies. The Funds portfolio will be composed primarily of the other ETFs advised by the Adviser (the 'Alpha Architect ETFs'). Currently, there are four Alpha Architect ETFs, which invest in either domestic or international equity securities, and employ either a 'momentum' or a 'value' investment strategy. In addition, the Fund may, from time to time, use hedging strategies (as described more below). The Alpha Architect ETFs can be grouped into ETFs that use a quantitative momentum investment strategy (Alpha Architect U.S. Quantitative Momentum ETF and Alpha Architect International Quantitative Momentum ETF, referred to as the 'Momentum ETFs') and those that use a quantitative value investment strategy (Alpha Architect U.S. Quantitative Value ETF and the Alpha Architect International Quantitative Value ETF, referred to as the 'Value ETFs'). A 'momentum' investment style emphasizes investing in securities that recently have had better recent total return performance compared to other securities. In contrast, a 'value' investment style emphasizes investing in securities that based on quantitative analysis are considered undervalue compared to other securities.

Alpha Architect U.S. Quantitative Value ETF

Alpha Architect U.S. Quantitative Momentum ETF

Alpha Archi Intl Qt Vlu E

Alpha Architect International Quantitative Momentum ETF

First American Government Obligations Fund

Former First Lady <a href="https://www.benzinga.com/topic/melania-trump" target="_blank" rel="noreferrer noopener">Melania Trump</a> has announced that her memoir &#8220;Melania&#8221; <a href="https://www.benzinga.com/topic/2024-election" target="_blank" rel="noreferrer noopener">will be published this fall</a>.
The book will reportedly feature personal anecdotes and family photos that have never before been shared with the public.
&#8220;&#8216;Melania&#8217;&nbsp;is a powerful and inspiring story of a woman who has carved her own path, overcome adversity and defined personal excellence. The former First Lady invites readers into her world, offering an intimate portrait of a woman who has lived an extraordinary life,&#8221; according to a press release issued by her office.
Also Read: <a href="https://www.benzinga.com/news/24/05/38630905/did-donald-trump-deny-stormy-daniels-affair-to-shield-wife-and-firmelania-from-scandal-former-top-ai" target="_blank" rel="noreferrer noopener">Did Donald Trump Deny Stormy Daniels Affair To Shield Wife Melania From Scandal? Former Top Aide Testifies In Hush-Money Trial</a>
Melania Trump has remained largely out of the spotlight while her husband, former President Donald Trump, campaigns for a return to the White House. She has been an enigmatic presence since the launch of his first presidential campaign in 2015.
Throughout her tenure as first lady, she prioritized privacy, focusing on raising their son Barron Trump and championing her &#8220;Be Best&#8221; initiative to support children&#8217;s social, emotional, and physical well-being, <a href="https://www.theguardian.com/books/article/2024/jul/26/melania-trump-memoir" target="_blank" rel="noreferrer noopener">reported</a> The Guardian.
Though she attended her husband&#8217;s 2024 campaign launch and the closing night of last week&#8217;s Republican National Convention, Melania Trump has otherwise mostly avoided the campaign trail.
Notably, she did not deliver a speech at this year&#8217;s convention, breaking with the tradition followed at the 2016 and 2020 Republican gatherings, The Guardian added.
The Memoir Edition of &#8220;Melania&#8221; is a 304-page jacketed hardcover book that includes 48 pages of never-before-seen photographs. It will be available for $40, with signed copies available for $75.
Skyhorse Publishing will release the book. Skyhorse is known for publishing other works by Trump supporters, including former New York City Mayor Rudolph Giuliani and attorney Alan Dershowitz.
Skyhorse has also collaborated with independent candidate Robert F. Kennedy Jr. and former Trump insider Michael Cohen, who later became a prominent critic.
Additionally, some Skyhorse books feature forewords by Trump ally Steve Bannon, The Guardian added.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
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Melania Trump's New Memoir Promises Unseen Photos And Revelations Before Election

Former President Donald Trump sparked controversy with a statement made at a Florida event on Friday. He suggested that if he were to win the upcoming election, there would be no <a href="https://www.benzinga.com/news/24/07/39657200/ex-trump-staffer-shares-texts-to-prove-that-ex-presidents-campaign-settled-to-keep-discrimination-an">need for people to vote in the future.</a>
What Happened: Trump made this remark while addressing an audience at a Turning Point Action event in West Palm Beach. He urged the crowd, particularly Christians, to participate in the upcoming election in November, and said that they wouldn't have to do it again if they elected him because "everything" would be "fixed."
Trump, who previously challenged the 2020 election results, has faced accusations of authoritarian behavior. In response to these allegations, he has stated that he would not be a dictator &#8220;except for day one&#8221; of his potential second term.
"You won't have to do it anymore. Four more years, you know what, it will be fixed, it will be fine, you won't have to vote anymore, my beautiful Christians,&#8221; he said <a href="https://thehill.com/homenews/campaign/4795823-trump-encourages-christians-vote/">at </a>the rally.
"I love you Christians. I'm a Christian. I love you, get out, you gotta get out and vote. In four years, you don't have to vote again, we'll have it fixed so good you're not going to have to vote," Trump said.
Also Read: <a href="https://www.benzinga.com/news/24/07/39761289/trumps-niece-accuses-him-of-lying-about-involvement-in-controversial-project-2025-my-uncle-likes-to">Trump&#8217;s Niece Accuses Him Of Lying About Involvement In Controversial Project 2025: &#8216;My Uncle Likes To Call America a &#8216;Stupid Country.&#8217; But We&#8217;re Not Nearly As Stupid As He Hopes We Are &#8230;&#8217;</a>
In 2022, Trump reiterated his unfounded claim that the results of the 2020 election were manipulated against him. He also advocated for the &#8220;termination&#8221; of the Constitution, arguing that a &#8220;massive fraud&#8221; of the magnitude of the election justifies the abolition of all rules, regulations, and articles, including those in the Constitution.
Trump is expected to run against Vice President Kamala Harris in the November election. During the same event, he questioned how Catholics and Jewish voters could support Democrats.
Why It Matters: Trump&#8217;s recent comments have raised eyebrows and sparked debate. His controversial remarks about voting and the Constitution have been met with criticism, with some seeing them as an attack on democratic principles. 
These statements also add to the ongoing debate about Trump&#8217;s political intentions and his potential candidacy in the upcoming election. 
The reactions to these comments will likely continue to shape the political landscape as the election approaches.
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This content was partially produced with the help of <a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a> and was reviewed and published by Benzinga editors.
Photo: Shutterstock

Trump Raises Eyebrows With Controversial Remark At Florida Event: 'In Four Years, You Don't Have To Vote Again'

<a href="https://www.benzinga.com/personal-finance/24/07/39892524/caller-on-podcast-asks-about-high-yield-account-that-will-be-returned-at-maturity-suze-orman-say">Suze Orman</a>, renowned for giving financial advice on her "Women &amp; Money" podcast, recently advised a woman looking to open brokerage accounts for her four grandchildren, aged 7, 5, 2, and two months. Now retired with her husband, Cheryl wants to help her grandchildren secure their financial futures instead of "wasting money on junk." Orman, however, expressed that a brokerage account was the wrong way to go and offered an alternative suggestion.&nbsp;
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First, Orman explained how <a href="https://www.benzinga.com/money/utma-vs-ugma">Uniform Gifts to Minors Act (UGMA)</a> brokerage accounts work. "If you open up a Uniform Gifts to Minors Act account or Uniform Trust to Minors Act (UTMA) account, that&#8217;s money that is theirs," Orman stated. "And once they turn of age, they can do anything they want with this money."
According to Fidelity, the custodian of a UGMA or UTMA account must transfer the account to the child it was set up for at a young age – usually between 18 and 25. At that point, that child can use the money for any purpose.&nbsp;
Orman also highlighted that these accounts can negatively impact financial aid eligibility, complicating future educational opportunities for the children should they seek higher education.&nbsp;
See Also: How much money will a $200,000 annuity pay out each month?<a href="https://www.benzinga.com/money/200k-annuities-adv"> The numbers may shock you.</a>
Instead of UGMA or UTMA accounts, Orman recommended an approach where Cheryl would have more control over the money. "I would open up a side account and keep it in your name, knowing that money is for those kids. I would then create a trust where there are instructions on when those kids can get the money."
Orman's reasoning behind this, beyond financial aid impacts, is that you don't know what those children are going to do with the money when they get older, stating that they could develop a drug problem or make a large purchase they shouldn't make. If Cheryl wishes to provide a secure financial future for her grandchildren, Orman says that she should have more control over that money to ensure it goes toward her intended purpose.&nbsp;
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Some people may want to save for their children&#8217;s or grandchildren's education, so Orman suggests setting up a <a href="https://www.benzinga.com/money/best-529-plans">529 account</a>. Unlike a UGMA, the original owner of a 529 account maintains ownership until the money is withdrawn, which can help ensure it goes toward its intended use.&nbsp;
While Orman suggests that a trust or 529 account is a better option for those wanting to maintain control of the money, setting up a UGMA account for your child or grandchild isn't bad. It can be a wonderful gift to help them get the financial start they need in young adulthood. It can even help them learn the importance of investing and financial responsibility from a young age.
If you're ready to take that step and start setting aside money for your children or grandchildren, consider talking to a <a href="https://www.benzinga.com/money/best-online-financial-advisors">financial advisor</a> or tax consultant. They can answer your questions and help determine the best route based on your unique situation.&nbsp;
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Personal Finance

Suze Orman Advises Against Opening Brokerage Accounts for Kids or Grandkids. Here's What She Suggests Instead

The future of Elon Musk&#8216;s business endeavors, including Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), SpaceX, and X (formerly Twitter), could rest on the <a href="https://www.benzinga.com/news/24/07/39900117/elon-musk-denies-45m-monthly-donation-to-trump-clarifies-true-purpose-of-the-america-pac-in-intervie">outcome of the 2024 presidential election.</a> 
What Happened: A Business Insider report <a href="https://www.businessinsider.com/elon-musk-benefit-trump-presidency-regulatory-changes-tesla-spacex-x-2024-7">suggests</a> that a potential Donald Trump presidency could bring regulatory changes that would benefit Musk&#8217;s companies.
Musk has shown support for the former president&#8217;s 2024 campaign, adding recently that he established a political action committee endorsing &#8220;a meritocracy &amp; individual freedom,&#8221; values he now associates with the Republican party, reports the outlet.
&#8220;You can think of Musk&#8217;s contribution as an investment to eliminate any governmental interference with his businesses,&#8221; Michael Gerhardt, an administrative law expert at the University of North Carolina, told Business Insider.
Trump&#8217;s proposed plans to lower corporate and personal taxes, along with his control over federal regulations, could be beneficial for Musk. 
As president, Trump could sign executive orders and make hiring decisions that could alter the course of federal agencies, possibly putting an end to ongoing investigations and lawsuits against Musk&#8217;s companies.
Also Read: <a href="https://www.benzinga.com/news/24/07/39872015/teslas-elon-musk-recently-pledged-a-huge-donation-to-donald-trump-and-the-ex-president-returned-the">Tesla&#8217;s Elon Musk Recently Pledged A Huge Donation To Donald Trump, And The Ex-President Returned The Favor By Criticizing EVs At The RNC</a>
However, certain agencies like the Securities and Exchange Commission, which has conducted several investigations into Musk&#8217;s companies, have statutory independence from the executive branch.
But, if Trump becomes president and Republicans control Congress, they could pass laws granting the president more authority over these agencies.
&#8220;If Trump were in the White House, he would control the EPA, the head of the EPA, and they could also amend those regulations to make the permitting for Clean Water Act requirements easier,&#8221; Jillian Blanchard, an environmental lawyer at Lawyers for Good Government, said. &#8220;Same is true for the Endangered Species Act right now.&#8221;
Why It Matters:&nbsp;Regulatory changes under a potential Trump presidency could significantly ease the pressure on Musk&#8217;s companies. 
The proposed reduction in corporate and personal taxes could boost the financial performance of these businesses. 
Furthermore, the potential for executive orders and hiring decisions that could&nbsp;change the direction of federal agencies could end ongoing investigations and lawsuits, providing a more conducive environment for Musk&#8217;s companies to thrive.
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This content was partially produced with the help of <a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a> and was reviewed and published by Benzinga editors.
Photo: Shutterstock

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What A Second Trump Presidency Would Mean For Elon Musk And His Many Ventures

Former President Donald Trump forecasted a significant conflict in the Middle East, which could potentially escalate into a &#8220;third world war,&#8221; should he not succeed in the <a href="https://www.benzinga.com/news/24/07/39657063/trump-gives-unexpected-advice-to-biden-following-disappointing-debate-crooked-joe-biden-should">forthcoming November election.</a>
What Happened: Trump made the comments during a meeting with Israeli Prime Minister Benjamin Netanyahu at his Mar-a-Lago estate in Florida on Friday.
The meeting took place a day following Netanyahu&#8217;s discussions with President Joe Biden and Vice President Kamala Harris at the White House, as per the report <a href="https://thehill.com/homenews/campaign/4794793-trump-netanyahu-world-war-november-mar-a-lago-harris-biden/">by</a> The Hill.
&#8220;If we win, it&#8217;ll be very simple. It&#8217;s all going to work out and very quickly. If we don&#8217;t, you&#8217;re going to end up with major wars in the Middle East and maybe a third world war,&#8221; Trump said. 
He further lambasted the current administration, asserting that the world is nearer to a third world war than at any point since the second world war due to &#8220;incompetent people running our country,&#8221; 
Also Read: <a href="https://www.benzinga.com/news/24/07/39761289/trumps-niece-accuses-him-of-lying-about-involvement-in-controversial-project-2025-my-uncle-likes-to">Trump&#8217;s Niece Accuses Him Of Lying About Involvement In Controversial Project 2025: &#8216;My Uncle Likes To Call America a &#8216;Stupid Country.&#8217; But We&#8217;re Not Nearly As Stupid As He Hopes We Are &#8230;&#8217;</a>
The former president has in the past cautioned about a potential world war due to conflicts in the Middle East and Russia&#8217;s invasion of Ukraine. He has also issued grave forecasts about the stock market plummeting if he does not retake the White House.
Trump&#8217;s meeting with Netanyahu occurred amidst a turbulent presidential campaign, following Biden&#8217;s declaration that he will not run for reelection and his endorsement of Harris as the Democratic nominee.
Why It Matters: Trump&#8217;s predictions of a potential global conflict are significant, given the current geopolitical tensions. His comments come at a time when the world is grappling with conflicts in the Middle East and Russia&#8217;s invasion of Ukraine. 
These remarks also underscore the high stakes of the upcoming November election, not just for the United States, but potentially for global peace and stability.
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This content was partially produced with the help of <a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a> and was reviewed and published by Benzinga editors.
Photo: Shutterstock

Donald Trump Issues Grim Warning To Prime Minister Benjamin Netanyahu If He Doesn't Win Election: 'You're Going To End Up With ... Maybe A Third World War'

A recent poll reveals that Americans&#8217; readiness for a female <a href="https://www.benzinga.com/news/24/07/39874401/betting-markets-favor-kamala-harris-as-top-democratic-presidential-contender">president has seen a significant drop. </a>
What Happened: The Times/SAY24 poll was carried out in the wake of President Joe Biden&#8216;s withdrawal from the race and aimed to measure the electorate&#8217;s stance on &#8220;gender bias&#8221; and Vice President Kamala Harris&#8216;s chances in the upcoming November elections.
<a href="https://d3nkl3psvxxpe9.cloudfront.net/documents/Times_SAY24_20240723.pdf">Poll</a> results have show a 9-point drop in support for a female president since 2015. While 49% of the respondents see Trump and Harris as equally competent for the presidency, the concept of a female president seems to be met with hesitation.
The readiness for a female president fell to 54% from the 63% noted in a 2015 Economist/YouGov poll. This drop raises questions about potential gender bias as Harris aims to become the second woman to secure a major party&#8217;s presidential nomination.
Among Democrats, 77% believe the country is ready for a female president, but 37% suspect their fellow Americans would not vote for a woman over a man, even if equally qualified. This apprehension could be the reason why 35% of Democrats believe that Harris should choose a male running mate.
Also Read: <a href="https://www.benzinga.com/news/24/07/39761289/trumps-niece-accuses-him-of-lying-about-involvement-in-controversial-project-2025-my-uncle-likes-to">Trump&#8217;s Niece Accuses Him Of Lying About Involvement In Controversial Project 2025: &#8216;My Uncle Likes To Call America a &#8216;Stupid Country.&#8217; But We&#8217;re Not Nearly As Stupid As He Hopes We Are &#8230;&#8217;</a>
The poll, which was conducted on Tuesday and Wednesday, surveyed 1,170 registered U.S. voters and had a margin of error of 3 percent.
Why It Matters: The decline in support for a female president is a significant development in the current political landscape. It suggests a potential gender bias that could impact the upcoming elections, particularly for Harris, who is vying for the presidential nomination.
The poll results also indicate a divide within the Democratic party, with a portion of the party suggesting that Harris should choose a male running mate. 
This development could have critical implications for the party&#8217;s strategy in the upcoming elections. The poll&#8217;s findings underscore the importance of addressing gender bias in politics and the need for ongoing dialogue and education on this issue.
As the country prepares for the November elections, these results could play a pivotal role in shaping the political discourse and strategies of the candidates.
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Survey Reveals How Americans Feel About A Potential Female President —  And What It Means For Kamala Harris

Former President <a href="https://www.benzinga.com/topic/donald-trump" target="_blank" rel="noreferrer noopener">Donald Trump</a> intensified his criticism of Vice President <a href="https://www.benzinga.com/topic/kamala-harris" target="_blank" rel="noreferrer noopener">Kamala Harris</a> on Friday in a speech at the Turning Point USA Believers' Summit in West Palm Beach, Florida, calling her a &#8220;bum&#8221; and accusing her of pushing left-wing values on the nation.
Trump portrayed Harris as excessively liberal on issues like immigration and abortion during a speech to religious conservatives, <a href="https://www.washingtonpost.com/politics/2024/07/26/trump-turning-point-speech-vance/" target="_blank" rel="noreferrer noopener">reported</a> The Washington Post.
&#8220;She was a bum three weeks ago,&#8221; Trump said. &#8220;She was a bum, a failed vice president.&#8221;
Trump and other Republicans have frequently targeted Harris on immigration, labeling her as President Joe Biden&#8216;s &#8220;border czar.&#8221; Though Biden tasked Harris with negotiating with three Central American countries to tackle the root causes of migration, he never appointed her to oversee overall border policy.
Also Read: <a href="https://www.benzinga.com/general/politics/24/07/39992709/kamala-harris-will-certify-2024-election-results-shes-not-going-to-burn-the-system-down-in-order" target="_blank" rel="noreferrer noopener">Kamala Harris Will Certify 2024 Election Results: &#8216;She&#8217;s Not Going To Burn The System Down In Order To Save It&#8217;</a>
Earlier Friday, in a meeting with Israeli Prime Minister Benjamin Netanyahu, Trump called Harris a &#8220;radical left person&#8221; who &#8220;destroyed San Francisco,&#8221; The Washington Post added.
In his remarks at the summit, Trump made an effort to position Harris as further to the left than Biden, <a href="https://www.nytimes.com/2024/07/26/us/politics/trump-harris-turning-point-action.html" target="_blank" rel="noreferrer noopener">reported</a> The New York Times. He claimed that Harris would appoint &#8220;hard-core Marxists&#8221; to a broadened Supreme Court, aiming to &#8220;to shred our Constitution and all of our religious liberty.&#8221;
Trump also targeted her stance on abortion rights, a contentious issue for Republicans since the Supreme Court&#8217;s 2022 decision to overturn Roe v. Wade.
Trump additionally accused Harris of betraying Israel by not condemning &#8220;anti-Israel&#8221; protests. As he reaffirmed his support for Israel and its military actions in Gaza, Trump alleged that Harris, despite her Jewish husband, &#8220;doesn&#8217;t like Jewish people&#8221; or &#8220;Israel.&#8221;
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
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Trump Slams Harris For Pushing Left-Wing Values: 'She Was A Bum Three Weeks Ago ... A Failed Vice President'

Walkable cities are more than a great place to spend a summer night. They&#8217;re also practical, connecting communities and making it easy for residents to get what they need without taking public transport or getting in a car. They also promote health and improve sustainability.
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New York City is the epitome of a walkable city. But with a <a href="https://www.benzinga.com/real-estate/24/07/39646579/buyers-market-is-emerging-as-homes-sell-below-list-price-for-first-time-since-pandemic">median home list</a> price of $1.65 million, it&#8217;s out of reach for most Americans. That&#8217;s true of most walkable cities. Cambridge, MA, known for its walkability, has an average list price of $1.4 million, while West Hollywood has walking-friendly streets but comes with comparable home prices.&nbsp;
Before giving up your big-city dreams, consider this: There are cities or neighborhoods with a high walkability score and <a href="https://www.benzinga.com/real-estate/24/05/38991104/home-prices-in-opportunity-zones-are-a-mixed-bag-but-follow-national-trends">home prices below the national average</a>. These areas of the country can make homeownership, connecting with the community, and creating an eco-friendly lifestyle easier.
When details from Local Logic, a data clearinghouse for neighborhood analytics, combined with property listing data from Realtor.com, areas with median list prices under $445,000 or at less than $233 per square foot showed that there are still great places to live – that are easier to afford, not all are cities, but that makes it better for everyone to find the right fit.&nbsp;
<hr class="wp-block-separator has-alpha-channel-opacity" />
Trending: Commercial real estate has historically outperformed the stock market, and<a href="https://www.benzinga.com/money/marcus-millichap-backed-platform-makes-it-easy-to-invest-in-real-estate"> this platform allows individuals to invest in commercial real estate with as little as $5,000 offering a 12% target yield with a bonus 1% return boost today!</a>
<hr class="wp-block-separator has-alpha-channel-opacity" />
Here&#8217;s an overview of the top 10, organized from the lowest median listing price:
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>City</td>
<td>Population</td>
<td>Median List Price</td>
</tr>
<tr>
<td>Hamtramck, MI</td>
<td>27,842</td>
<td>$162,500</td>
</tr>
<tr>
<td>Baltimore, MD</td>
<td>570,000</td>
<td>$224,900</td>
</tr>
<tr>
<td>Hartford, CT</td>
<td>120,682</td>
<td>$249,900</td>
</tr>
<tr>
<td>Gretna, LA</td>
<td>17,640</td>
<td>$284,900</td>
</tr>
<tr>
<td>Philadelphia, PA</td>
<td>1.6 million</td>
<td>$289,000</td>
</tr>
<tr>
<td>Mount Vernon, NY</td>
<td>72,000</td>
<td>$329,000</td>
</tr>
<tr>
<td>Wilmington, DE</td>
<td>71,568</td>
<td>$329,900</td>
</tr>
<tr>
<td>Berwyn, IL</td>
<td>57,000</td>
<td>$350,000</td>
</tr>
<tr>
<td>Wauwatosa, WI</td>
<td>47,919</td>
<td>$392,450</td>
</tr>
<tr>
<td>East Orange, NJ</td>
<td>68,000</td>
<td>$421,000</td>
</tr>
</tbody>
</table>
</figure>
Let&#8217;s focus on the cheapest three:
<h2 class="wp-block-heading">Hamtramck, MI</h2>
Hamtramck, MI, has it all if you love a small-town vibe within a big city. It is one of two small municipalities that form an island within Detroit. Hamtramck is five miles north of downtown Detroit. The walkable community includes predominantly Middle Eastern, family-oriented neighborhoods, with many branches of a family living within walking distance of each other.&nbsp;
With an abundance of Mediterranean or Middle Eastern shops and restaurants, it&#8217;s easy to eat well and access a variety of cultural influences. While Detroit doesn&#8217;t have the best reputation, you don&#8217;t usually see abandoned homes in Hamtramck.
See Also: Will the surge continue or decline on real estate prices?<a href="https://www.benzinga.com/money/realbricks"> People are finding out about risk-free real estate investing that lets you cash out whenever you want.</a>
<h2 class="wp-block-heading">Baltimore, MD</h2>
Baltimore is known for historic districts like Fells Point, waterfront walkways in the Inner Harbor, and Pigtown, home of the Orioles&#8217; Camden Yards. The city also has multiple green spaces and parks that encourage residents to get outside.&nbsp;
Baltimore has surprisingly low home prices for a bigger city and is within easy transportation distance of Washington, DC. Baltimore&#8217;s wide diversity of neighborhoods means there&#8217;s a huge variation in home prices. However, with some research, your dollars can go farther here than in most other East Coast cities.
<h2 class="wp-block-heading">Hartford, CT</h2>
Hartford is the state capital and an affordable, walkable city filled with parks, shops, and a great restaurant scene. It boasts historic districts and attractions, plus a dense core ensures most amenities are within walking distance. It&#8217;s also a reasonable drive into NYC, Boston, or other major East Coast cities, making it a base for hybrid or remote workers.&nbsp;
Ready to buy? With mortgage rates hitting their lowest since February, learn how to secure a mortgage today!
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Real Estate

Walkable Cities: How Desperate Americans Are Turning The Cheapest Neighborhoods Into Gentrified Havens

Republican vice-presidential nominee Sen. <a href="https://www.benzinga.com/general/politics/24/07/39873381/trump-vp-pick-j-d-vance-worth-watching-for-potential-google-breakup-market-strategist-says-not-a" target="_blank" rel="noreferrer noopener">JD Vance</a> sought on Friday to clarify his 2021 remark about &#8220;childless cat ladies,&#8221; asserting that he was not targeting individuals without children but rather was criticizing Democrats <a href="https://www.benzinga.com/news/24/07/39997182/former-white-house-official-anthony-scaramucci-mocks-jd-vance-says-thank-you-for-knocking-me-out-of" target="_blank" rel="noreferrer noopener">for their &#8220;anti-family and anti-kid&#8221; policies.</a>
This clarification, given on Megyn Kelly&#8217;s SiriusXM <a href="https://www.siriusxm.com/blog/jd-vance-megyn-kelly-show?intcmp=AssetGroup:Any_NA_www:hosts:megyn-kelly_RepublicanVPPickJDVa" target="_blank" rel="noreferrer noopener">podcast</a>, follows the viral reappearance of a video where Vance questioned some Democrats, including Vice President <a href="https://www.benzinga.com/topic/kamala-harris">Kamala Harris</a>, for not having biological children, despite Harris having two stepchildren, <a href="https://www.politico.com/news/2024/07/26/vance-cat-lady-defense-00171439">reported</a> Politico.
The Kamala HQ account <a href="https://x.com/KamalaHQ/status/1816527148926050742">wrote on X</a> on Thursday, &#8220;JD Vance says women who haven&#8217;t given birth are &#8216;childless cat ladies who are miserable at their own lives&#8217; and shouldn&#8217;t be in politics because they &#8216;don&#8217;t have a direct stake&#8217; in America.&#8221;
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Vance defended himself, stating, &#8220;Obviously it was a sarcastic comment. People are focusing so much on the sarcasm and not on the substance of what I actually said &#8230; and the substance of what I said, Megyn, I&#8217;m sorry, it is true.&#8221;
Kamala HQ slammed Vance again Saturday in a <a href="https://x.com/KamalaHQ/status/1817199305725280529">post</a> on X, writing, &#8220;JD Vance says women should stay in violent marriages "for the sake of their kids.&#8221;
Vance, who is a parent of three, also aimed to reposition himself as a supporter of families, framing his earlier comments as a critique of Democrats for adopting positions that he believes undermine family interests.
He specifically criticized Harris for opposing the child tax credit after her campaign accused Vance of backing higher taxes for Americans without children.
This led some Republicans, including Vance, to argue that Democrats are against benefiting parents through the tax code. However, Harris and other Democrats have supported legislation aimed at expanding the child tax credit.
Harris campaign spokesperson Sarafina Chitika, in a statement to Politico, highlighted ongoing criticism of Vance&#8217;s comments on social media. She accused him of &#8220;insulting couples struggling with infertility, demeaning women&#8217;s choices and freedoms, and reminding voters of his and Donald Trump&#8216;s anti-IVF Project 2025 agenda.&#8221;
Vance described the country&#8217;s record-low birth rate, which he attributed to parents feeling uncomfortable bringing new life into the world as a &#8220;catastrophic problem.&#8221; He then criticized Democrats, accusing them of addressing this issue by suggesting that American children be replaced with immigrants, Politico added.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
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Photo: Shutterstock

Vance On 'Childless Cat Ladies': 'People Are Focusing So Much On The Sarcasm And Not On The Substance'

Instagram spinoff Threads is experiencing a surge in active users and web traffic <a href="https://www.benzinga.com/24/05/38848822/meta-introduces-independent-fact-checking-program-for-threads">one year after its inception</a>.
What Happened: According <a href="https://www.similarweb.com/blog/insights/social-media-news/threads-anniversary/">to</a> a Similarweb report, Meta Platforms Inc.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) Threads, which debuted on July 5, 2023, has seen a substantial increase in user engagement.
Monthly active users of the Mark Zuckerberg-led company&#8217;s app grew by 15.8% in the U.S. and 6.3% in the U.K. from August 2023 through May 2024. In June 2024, traffic to Threads.net saw an increase of approximately 9% compared to its launch month of July 2023.
Originally, the website was intended to promote the app, with the functional version allowing users to post content introduced in late August. But since then, web traffic has seen a surge of over 175%, as per the report.
Despite the growth, Threads still lags behind X, which boasts about nine times as many monthly active users in the U.S. However, X&#8217;s user base has been on a decline, down 8.9% YoY in the U.S. and 17.7% YoY in the U.K.
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Threads was introduced as a text-based social network alternative to X by the Instagram team at Meta. It was designed to attract mobile app users who were dissatisfied with X&#8217;s management under Elon Musk&#8216;s ownership.
Why It Matters: The growth of Threads comes at a time when many users are seeking alternatives to traditional social media platforms. Threads&#8217; user-friendly interface and unique features have been key to its success. 
The decline in X&#8217;s user base indicates a shift in user preference, which Threads has capitalized on. 
The steady increase in user engagement and web traffic suggests that Threads is gaining traction and could potentially challenge established social media platforms in the future.
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This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.
Photo: Shutterstock

Social Media

Tech

Don't Look Now, But Zuckerberg's Threads Is Picking Up Steam

Dave Ramsey, the personal finance expert, is known for his hard-hitting and blunt financial advice. This time, his advice is geared around some important early childhood education topics. Here are the seven things that Ramsey feels every child should hear.&nbsp;
While Ramsey may be an expert in handling money, he's also pretty qualified regarding children because he has his own children, albeit they're all grown up now. Ramsey and his wife, Sharon, have three adult children: Denise, Rachel, and Daniel. Rachel Cruze is also a finance expert and often joins her father on the Ramsey Show. At the same time, Daniel works alongside his father as president of Ramsey Solutions. Hence, it's pretty fair to say that Ramsey and his wife have raised successful children, and Ramsey&#8217;s advice regarding early childhood education is valuable.&nbsp;
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In a written post shared on the social media platform <a href="https://x.com/DaveRamsey/status/1737923621719273913">X</a>, Ramsey listed seven things that he believes all children need to hear, and the first thing is "I love you." The second thing you should say to your children is, "I support you," and thirdly, "I am listening." U.S. News reported that a psychology professor at the Stanford University Graduate School of Education, Geoffrey Cohen, believes that positive affirmations can do wonders for children's learning ability, among other things.&nbsp;
For Cohen, positive affirmations like Ramsey's fourth point, "I believe in you," are more than empty praise. Instead, Cohen explained, "It&#8217;s not me as a parent telling my kids you are so smart, you are so wonderful," and added, "Instead me as a parent molding the situation in ways that my kids can exemplify who they are and feel value." U.S. News also reported that Omar Gudiño, a clinical child psychologist, feels that affirmations from parents and teachers "bolster a student&#8217;s sense of self-confidence."&nbsp;
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The fifth thing that <a href="https://www.benzinga.com/personal-finance/24/07/39890114/54-year-old-with-2-5-million-nest-egg-says-his-wife-doesnt-feel-its-enough-to-retire-dave-ramsey">Ramsey</a> believes children need to hear is something more finance-related and right up his wheelhouse. He wrote, "Debt is dumb, cash is king, and the paid-off home mortgage has replaced the BMW as the status symbol of choice." This is an important one for Ramsey, who has long advocated for teaching your children about responsibly handling money. When it comes to handling money, Ramsey believes that money should not be a taboo subject and that children should not be sheltered from financial matters.&nbsp;
In a blog post shared with Ramsey Solutions, he cited a 2017 T. Rowe Price survey that found that 69% of parents are reluctant to talk about money to their children. For Ramsey, the solution for this is to start slow and be honest. This is something that many parents struggle with, especially when faced with questions from their kids about paying for college. During an episode of the Ramsey Show, Ramsey received a call from a man asking whether he is required to pay for his kid's college education.&nbsp;
<a href="https://www.benzinga.com/personal-finance/24/04/38412735/dave-ramsey-against-401k-for-education-your-retirement-savings-come-first-even-before-funding-co">Ramsey had told him</a>, "I don't believe it's a requirement that all parents pay for college for their kids." He added, "You don't have a moral responsibility to pay for your kids' college education. However, you have a moral responsibility to highlight the importance of knowledge." In addition to being honest about money with their children, Ramsey encourages parents to set family goals, let their children sit in on the family meetings, and contribute to the budget within reason.&nbsp;
Ramsey believes that all children need to hear the following from parents, teachers, and other leading figures: "I am here for you" and "You matter."&nbsp;
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Dave Ramsey Extols The Virtues Of Early Childhood Education, Saying Every Child Should Know 'Debt Is Dumb, Cash Is King'

Last week, President Joe Biden withdrew from the presidential race and endorsed Vice President Kamala Harris, initiating one of the shortest campaigns in modern history. With just three months before Election Day, Harris faces a tight timeline to build her <a href="https://www.benzinga.com/news/24/07/39657200/ex-trump-staffer-shares-texts-to-prove-that-ex-presidents-campaign-settled-to-keep-discrimination-an">policy platform and connect with voters. </a>
To understand how Harris can navigate this condensed campaign, Politico recently <a href="https://www.politico.com/news/magazine/2024/07/26/kamala-harris-campaign-manager-roundtable-00171138">spoke</a> with seasoned campaign managers Patti Solis Doyle (Hillary Clinton's 2008 campaign), Robby Mook (Clinton's 2016 campaign), and Stuart Stevens (Mitt Romney's 2012 campaign).
The experts discussed how Harris should define herself against Donald Trump, attack rather than defend against his potential racist and sexist remarks, and chart a path to 270 electoral votes. They also considered potential vice-presidential picks, with Pennsylvania Governor Josh Shapiro frequently mentioned.
Doyle praised Harris's swift and effective campaign start, highlighting her strong rollout and early achievements.
&#8220;The last 72 hours have been unbelievable in terms of rollout. She locked up the nomination. Within 36 hours, she got the delegates. She got the endorsements from Congress. She got the money. And her first events have been through the roof,&#8221; Doyle said. 
&#8220;I think she's doing it. I think she is being forceful in her prosecution of Trump. I think she's offering a hopeful view of the future. I think she's doing the politics right,&#8221; she added. 
Mook emphasized the importance of leveraging the internet and social media to reach undecided voters, noting the internet as a &#8220;safe space&#8221; for Harris supporters.
&#8220;There's a paradox here. This is a really short campaign, and that is great, because she is rested. She is ready to go. I think time is often your enemy on these, particularly as a quasi-incumbent. But on the other hand, time is short, so the imperative is to lock in, first of all, who is she? And second of all, what is her vision?&#8221; Mook told the outlet.
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&#8220;I think she's done a very good job rolling that out right out of the gate. But there's a question about calcifying that and pushing it deep. And we know that these — they used to be called double-haters but I think they're just persuadable-again or either-way voters — we know that they have the least information about her and they get their news disproportionately from social media,&#8221; he added. 
Stevens suggested that Harris should attack Trump on his record, particularly on immigration.
&#8220;I think I would challenge the premise of the question that she didn't run a good campaign because she didn't win. Because most people&nbsp;don't&nbsp;win. And she did end up on the ticket, which is the next best thing you can do. She won a very tough race for attorney general. She's vice president of the United States, and now she's the Democratic nominee for president. So how far would she have gone if she was a good politician?,&#8221; Stevens said. 
&#8220;I've always felt that when President Biden was still in this, that there had to be two things that needed to be accomplished that were critical to winning. One was that the Democratic candidate needed to represent the future. And it's clear that the Harris campaign understands that,&#8221; he added. 
Harris must address voters&#8217; economic concerns while promoting her vision for the future. The experts agreed she should focus on change and hope, contrasting herself with Trump's divisive rhetoric. 
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Experts Weigh In on Harris's Fast-Track Campaign Strategy Following Biden's Exit: 'I Think She's Done A Very Good Job'

Benzinga examined the prospects for <a href="http://www.benzinga.com/trading-ideas">many investors&#8217; favorite stocks</a> over the last week. Here&#8217;s a look at some of our top stories.
The S&amp;P 500 decreased by 0.8% and the Nasdaq dropped by 2.1%, with both indexes experiencing consecutive weekly losses for the first time since April. In contrast, the Dow saw a 0.8% increase, achieving its fourth straight positive week — a milestone not reached since May.
Small-cap stocks continued to perform well, with the Russell 2000 Index achieving its third consecutive week of gains, fueled by optimism over potential interest rate cuts. 
On the economic front, the U.S. economy grew at an annualized rate of 2.8% in the second quarter, surpassing the expected 2% growth, while a key inflation measure watched by the Federal Reserve fell to 2.5% in June, the lowest since February 2021, reinforcing expectations <a href="https://www.benzinga.com/news/earnings/24/07/39993819/tech-stocks-slide-on-earnings-us-economy-flexes-muscles-small-cap-rally-continues-this-week-in-the-">for a rate cut in September</a>.
Benzinga provides daily reports on the stocks most popular with investors. Here are a few of this past week&#8217;s most bullish and bearish posts that are worth another look.
<h3 class="wp-block-heading">The Bulls</h3>
<a href="https://www.benzinga.com/general/entertainment/24/07/39891426/amc-entertainment-stock-halted-movie-theater-chain-announces-restructuring-of-debt-load-ada">&#8220;AMC Entertainment Stock Halted: Movie Theater Chain Announces Restructuring of Debt Load,&#8221;</a> by <a href="https://www.benzinga.com/author/adam-eckert">Adam Eckert</a>, details AMC Entertainment Holdings Inc.&#8216;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMC#NYSE">AMC</a>) plans to restructure its debt, moving U.S. theaters into a different unit and issuing new secured term loans, while CEO Adam Aron anticipates recovery and growth, addressing recent box office challenges.
<a href="https://www.benzinga.com/markets/cryptocurrency/24/07/39955624/is-dogecoin-really-moving-according-to-plan-prominent-analyst-claims-i-havent-sold-one-sin">&#8220;Is Dogecoin Really Moving &#8216;According To Plan?&#8217; Prominent Analyst Claims: &#8216;I Haven&#8217;t Sold One Single DOGE, I&#8217;ve Just Been Buying,'&#8221;</a> by <a href="https://www.benzinga.com/author/khyathi-dalal">Khyathi Dalal</a>, reports that crypto analyst Ali Martinez asserts Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>) is following a historical pattern, suggesting a potential 44% rise, as he continues to buy DOGE without selling.
<a href="https://www.benzinga.com/exclusives/24/07/39886192/exclusive-tesla-an-elon-musk-and-a-technology-story-first-ev-story-last-market-strategist-explains-w">&#8220;EXCLUSIVE: Tesla &#8216;An Elon Musk And A Technology Story First, EV Story Last&#8217; — Market Strategist Explains Why To Buy The Stock,&#8221;</a> by <a href="https://www.benzinga.com/author/chris-katje">Chris Katje</a>, details how market strategist Jay Woods believes Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) is driven more by Elon Musk&#8216;s technological innovations than its EV business, and why investors should consider buying Tesla stock.
For additional bullish calls of the past week, check out the following:
<a href="https://www.benzinga.com/news/24/07/39891082/southwest-airlines-saved-by-procrastination-how-32-year-old-software-protected-company-from-microsof">Southwest Airlines Saved By Procrastination: How 32-Year-Old Software Protected Company From Microsoft Outage, CrowdStrike Issues</a>
<a href="https://www.benzinga.com/markets/equities/24/07/39939788/buy-the-dip-market-expert-says-recent-pullback-part-of-healthy-bull-market-a-little-tiny-ounce-o">Buy The Dip? Market Expert Says Recent Pullback Part Of Healthy Bull Market: &#8216;A Little Tiny Ounce Of Volatility, It Feels So Foreign&#8217;</a>
<a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/07/39899280/microsoft-stock-has-further-room-to-run-says-analyst-as-software-giant-remains-on-t">Microsoft Stock Has Further Room To Run, Says Analyst, As Software Giant Remains On Track To Hit $200B Cloud Revenue In 2 Years</a>
The Bears
<a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/07/39925881/alphabet-investors-fret-over-margin-impact-of-higher-ai-related-capex-but-fund-mana">&#8220;Alphabet Investors Fret Over Margin Impact Of Higher AI-related Capex, But Fund Manager Says Not Spending Enough Exposes Google&#8217;s Parent To Risk Of &#8216;Losing Their Grip On The Future,'&#8221;</a> by <a href="https://www.benzinga.com/author/shanthi-rexaline">Shanthi Rexaline</a>, discusses concerns over Alphabet Inc.&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) increased AI-related capital expenditures impacting margins, while fund manager Gene Munster argues that not investing sufficiently in AI could jeopardize the company&#8217;s future competitive edge.
<a href="https://www.benzinga.com/news/24/07/39926076/mark-zuckerberg-slams-tim-cooks-apple-after-cupertino-reportedly-rejected-its-iphone-ai-partnership">&#8220;Mark Zuckerberg Slams Tim Cook&#8217;s Apple After Cupertino Reportedly Rejected Its iPhone AI Partnership Proposal: &#8216;They Wanted To Put Us In A Box…,'&#8221;</a> by <a href="https://www.benzinga.com/author/ananya-gairola">Ananya Gairola</a>, reports that Meta Platforms Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) CEO Mark Zuckerberg criticized Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) for rejecting Meta&#8217;s AI partnership proposal, claiming Apple wanted to limit Meta&#8217;s competitive influence.
For more bearish takes, be sure to see these posts:
<a href="https://www.benzinga.com/markets/equities/24/07/39947663/peter-schiff-says-americans-are-broke-points-to-fords-dismal-q2-profit-they-cant-afford-to-buy-n">Peter Schiff Says &#8216;Americans Are Broke&#8217; — Points To Ford&#8217;s Dismal Q2 Profit: &#8216;They Can&#8217;t Afford To Buy New Cars&#8217; Due To Interest Rates</a>
<a href="https://www.benzinga.com/markets/equities/24/07/39898236/jeff-bezos-era-downstream-impact-losing-its-mojo-amazon-ceo-andy-jassy-is-reportedly-rethinking-">Jeff Bezos-Era &#8216;Downstream Impact&#8217; Losing Its Mojo? Amazon CEO Andy Jassy Is Reportedly Rethinking Alexa Devices Business Model Resulting In Billions Worth Of Losses</a>
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Keep up with all the latest breaking news and trading ideas by following<a href="https://twitter.com/Benzinga"> Benzinga</a><a href="http://twitter.com/Benzinga"> on Twitter</a>.
This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors. Image created using artificial intelligence via Midjourney.

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Benzinga Bulls And Bears: Tesla, AMC, Meta And Crypto Analyst Predicts Dogecoin Will Follow Historical Pattern

Electric-vehicle makers&#8217; shares pulled back this week amid the broader market weakness, with market leader Tesla, Inc.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) <a href="https://www.benzinga.com/markets/equities/24/07/39926440/tesla-stock-is-plunging-over-7-in-wednesdays-pre-market-after-q2-earnings-whats-going-on">earnings not offering any respite</a>.
Here&#8217;s a rundown on what happened in the EV space during the week:
Tesla Posts Mixed Results: Kicking off the EV reporting season this week, Tesla had a mixed tale to tell. Second-quarter revenue exceeded expectations but earnings per share trailed estimates. Fund Manager Gary Black blamed the earnings per share miss on restructuring charges related to job cuts. Investors also fretted over a surge in regulatory credits and management commentary regarding a notable drop in volume this year.
CEO Elon Musk tried to rev up sentiment by pointing to the promise that robotics holds for the company and raving over Tesla&#8217;s full self-driving software. He also said the eagerly awaited robotaxi event has been shifted to Oct. 10. Investors did not buy into the potential of the energy storage business, which doubled during the quarter. The stock, which had been rebounding nicely ahead of the quarterly results, reversed course and ended with a weekly drop of more than 8%.
Rivian&#8217;s Scaringe Talks Up New R2 Platform: In a podcast, Rivian Automotive, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIVN#NASDAQ">RIVN</a>) CEO R.J. Scaringe said Tesla&#8217;s Model Y and Model 3 EVs, though excellent, have saturated the market, leaving buyers craving variety. &#8220;If you want to spend less than $50,000 for an EV, I'd say there's a very, very small number of great products,&#8221; Scaringe <a href="https://podcasts.apple.com/us/podcast/decoder-with-nilay-patel/id1011668648?i=1000662961702">told</a> the Decoder podcast in December.
While many EV companies have tried to replicate the success Tesla has had with the Model Y EVs, they have not focused on giving diverse choices. Scaringe also clarified that Rivian&#8217;s R2 platform-based will not be a Model Y copycat.
See Also: <a href="https://www.benzinga.com/money/best-electric-vehicle-stocks">Best EV Stocks</a>
GM To Go Slow On EVs: On its earnings call this week, General Motors Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>) said it was slowing plans for EVs by delaying a second EV truck plant in Michigan by six months and delaying the first Buick brand EV. The delay until mid-2025 suggests GM may not hit its 2025 production target of one million EVs. CEO Mary Barra said the company is looking to grow &#8220;responsibly and profitably.&#8221; EVs accounted for just 3.2% of GM&#8217;s total second-quarter U.S. sales.
Xiaomi Quick With EV Ramp-Up: Xiaomi Corporation (OTC:<a class="ticker" href="https://www.benzinga.com/stock/XIACY#OTC">XIACY</a>) Chairman and CEO Lei Jun said in a Weibo post that the smartphone maker is on track to meet its annual delivery target of 100,000 EV units for 2024 two months ahead of schedule, CnEVPost <a href="https://cnevpost.com/2024/07/26/xiaomi-completes-capacity-ramp-up-100000-target-nov/">reported</a>. According to the report, Jun said that Xiaomi has completed its factory capacity ramp-up and has sold 30,000 units of its SU7 model in a little over three months since the vehicle&#8217;s launch.
Lucid Stitches Battery Material Deal:  Lucid Group, Inc. (NASDAQ LCID) announced an agreement with mineral exploration company Graphite One Inc. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/GPHOF#OTC">GPHOF</a>) <a href="https://www.benzinga.com/markets/equities/24/07/39959245/whats-going-on-with-lucid-group-stock-today">for the supply of anode active materials</a>.
&#8220;We are committed to accelerating the transition to sustainable vehicles and the development of a robust domestic supply chain ensures the United States, and Lucid, will maintain technology leadership in this global race,&#8221; said Lucid CEO/CTO Peter Rawlinson. &#8220;Through work with partners like Graphite One, we will have access to American-sourced critical raw materials, helping power our award-winning vehicles made with pride in Arizona.&#8221;
The KraneShares Electric Vehicles and Future Mobility Index ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KARS#NYSE">KARS</a>) ended Friday&#8217;s session up 0.72% at $19.31 according to <a href="https://benzinga.grsm.io/lxquj26b2sag">Benzinga Pro data</a>. For the week, the ETF fell 3.84%.
Check out more of Benzinga&#8217;s Future Of Mobility coverage by&nbsp;<a href="http://www.benzinga.com/topic/mobility" target="_blank" rel="noreferrer noopener">following this link</a>.
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<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td></td>
<td>Weekly Change (+/-)</td>
</tr>
<tr>
<td>Tesla</td>
<td>-8.11%</td>
</tr>
<tr>
<td>Nio, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NIO#NYSE">NIO</a>)</td>
<td>-0.67%</td>
</tr>
<tr>
<td>XPeng, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XPEV#NYSE">XPEV</a>)</td>
<td>+0.71%</td>
</tr>
<tr>
<td>Li Auto, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LI#NASDAQ">LI</a>)</td>
<td>-2.55%</td>
</tr>
<tr>
<td>Workhorse Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WKHS#NASDAQ">WKHS</a>)</td>
<td>-10.78%</td>
</tr>
<tr>
<td>Hyzon Motors, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HYZN#NASDAQ">HYZN</a>)</td>
<td>+7.58%</td>
</tr>
<tr>
<td>Canoo, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOEV#NASDAQ">GOEV</a>)</td>
<td>-10.00%</td>
</tr>
<tr>
<td>Rivian </td>
<td>-3.22%</td>
</tr>
<tr>
<td>Lucid</td>
<td>-3.43%</td>
</tr>
<tr>
<td>Faraday Future Intelligent Electric Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FFIE#NYSE">FFIE</a>)</td>
<td>-11.07%</td>
</tr>
<tr>
<td>Nikola Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NKLA#NASDAQ">NKLA</a>)</td>
<td>-1.37%</td>
</tr>
<tr>
<td>VinFast Auto Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VFS#NASDAQ">VFS</a>)</td>
<td>-9.03%</td>
</tr>
</tbody>
</table>
</figure>
Photo: Shutterstock

FFIE

GOEV

GPHOF

HYZN

KARS

NKLA

RIVN

WKHS

XIACY

XPEV

Elon Musk's Optimism Doesn't Rub Off On Investors, Rivian CEO Says R2 Not Model Y Copycat, GM's EV Goals Scaled Back Yet Again And More: Biggest EV Stories Of The Week

In response to a recent U.S. Supreme Court decision, California Gov. <a href="https://www.benzinga.com/topic/gavin-newsom" target="_blank" rel="noreferrer noopener">Gavin Newsom</a> announced an executive order on Thursday directing state officials to initiate the removal of <a href="https://www.benzinga.com/news/24/07/39875041/gavin-newsom-backs-kamala-harris-calls-vp-tough-fearless-and-tenacious-the-ideal-candidate-to-counte" target="_blank" rel="noreferrer noopener">homeless encampments across the state.</a>
Last month, the high court upheld an Oregon city&#8217;s practice of ticketing homeless individuals for sleeping outside, rejecting claims that such &#8220;anti-camping&#8221; ordinances infringed on the Constitutional prohibition against &#8220;cruel and unusual&#8221; punishment, <a href="https://edition.cnn.com/2024/07/25/us/gavin-newsom-executive-order-homeless-encampments/index.html" target="_blank" rel="noreferrer noopener">reported </a>CNN.
&#8220;This executive order directs state agencies to move urgently to address dangerous encampments while supporting and assisting the individuals living in them — and provides guidance for cities and counties to do the same,&#8221; Newsom said. &#8220;There are simply no more excuses. It&#8217;s time for everyone to do their part.&#8221;
Also Read: <a href="https://www.benzinga.com/news/24/07/39875041/gavin-newsom-backs-kamala-harris-calls-vp-tough-fearless-and-tenacious-the-ideal-candidate-to-counte" target="_blank" rel="noreferrer noopener">Gavin Newsom Backs Kamala Harris, Calls VP Tough, Fearless And Tenacious: &#8216;The Ideal Candidate To Counter Donald Trump&#8217;</a>
According to a 2023 report from the U.S. Department of Housing and Urban Development submitted to Congress, California has the largest homeless population in the country, exceeding 180,000 individuals.
The nationwide estimate for people experiencing homelessness stands at approximately 653,100, marking an increase of about 12% since 2022.
California&#8217;s response to the Supreme Court decision is attracting significant attention from other cities and states. Newsom&#8217;s executive order has sparked controversy, drawing criticism from both homeless advocates and some elected officials.
Michael Weinstein, president of the AIDS Healthcare Foundation and leader of the Housing is a Human Right initiative, criticized Newsom&#8217;s actions as an attempt to &#8220;criminalize poverty&#8221; and a continuation of &#8220;failed policies.&#8221;
In a statement released Thursday, Weinstein questioned, &#8220;Governor Newsom, where do you expect people to go? This is a shameful moment in California history.&#8221;
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
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Photo: Shutterstock

Human Rights Advocates Condemn Gov. Newsom's Homeless Encampment Removal Order: 'Shameful Moment In California History'

In a recent <a href="https://www.youtube.com/watch?v=36cvblilqe8">installment</a> of Prof G Markets, <a href="https://www.benzinga.com/topic/anthony-scaramucci">Anthony Scaramucci</a>, the founder and managing partner of <a href="https://www.benzinga.com/topic/skybridge-capital">SkyBridge Capital</a>, shared his thoughts with podcast host Scott Galloway on Donald Trump's political strategies and their potential impact on the country. Scaramucci, who once served as Trump's Communications Director, didn&#8217;t hold back in his critique.
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Scaramucci argued that <a href="https://www.benzinga.com/news/24/07/39630382/paul-krugman-says-trump-tariffs-will-hurt-80-of-americans-benefit-only-the-top-1-burden-would-fall-o">Trump's proposal for extremely high tariffs</a> would disproportionately harm poor people. "[Tariffs] are regressive taxes on poor people," he said. In translation, they hit lower-income individuals the hardest. This, he suggested, contradicts Trump's image as a pro-business leader, as the economic burden would fall on those least able to bear it.
When the host asked him whether he thinks Trump is serious about implementing these tariffs, Scaramucci said, &#8220;This guy knows how to boil a frog better than anybody I&#8217;ve ever met. You're in the cold water, and he simmers the frog until the frog is dead. Do you know, many things from 2016 to today that we could say, is he serious about that, and then you say, oh no, he&#8217;s not serious about that, and he does it? You're like, holy sh&#x2A;t, he is serious … and then he does it again.&#8221;
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According to Scaramucci, Trump's actions always aim to consolidate his power. "Always look at this through the prism of Trump's power," he advised before continuing, &#8220;This is not a public servant. He&#8217;s not there to serve his fellow men and women. He&#8217;s there to serve himself. He&#8217;s there to serve his cronies. Classic totalitarianism.&#8221;
He pointed out that Americans lack a historical memory of dictatorship and authoritarianism, unlike Europeans, who have visible reminders of past fascism. He stressed the importance of educating people about these dangers to prevent a slide into authoritarianism.
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Scaramucci said that despite the political turmoil, the markets have been surprisingly stable when asked about how the markets have reacted to all of this. "Markets like split governments. [They] like inertia," he explained, suggesting that the Federal Reserve's actions, like rate hikes, have been key. He expects rate cuts by the end of the year, which he believes will continue to drive the market, regardless of the election outcome.
Scaramucci's warnings about Trump are serious. Still, we have to look at the bigger picture. Historically, Trump's policies and leadership style have strong supporters and vocal critics. The <a href="https://www.benzinga.com/general/politics/24/07/39946360/trump-vs-harris-2024-election-candidates-tied-in-new-poll-65-of-democrats-say-biden-stepping-dow">country is split in half</a>. Supporters say his unique approach shakes things up and defends American interests. Critics like Scaramucci caution about the dangers of too much power and the potential harm to those who are less fortunate. Ultimately, it&#8217;s up to each individual to weigh these perspectives carefully for themselves.
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Trump Is 'Calling For Sky-high Tariffs Which Will Cripple Poor People,' Says Anthony Scaramucci – 'This Guy Knows How To Boil A Frog'

Crypto analyst and macro expert Raoul Pal has projected a significant bullish surge for Solana (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/sol/usd">SOL</a>), anticipating it to outperform Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) <a href="https://www.benzinga.com/markets/cryptocurrency/24/06/39241558/analyst-predicts-bitcoin-to-reach-groundbreaking-100-000-milestone">in the ongoing cycle.</a>
What Happened: In a <a href="https://www.youtube.com/watch?v=s2uSDlgXhFY">video</a> on YouTube on Friday, Pal pointed out that Solana is demonstrating a classic bullish inverse head and shoulders pattern (I-HNS) against Bitcoin.
&#8220;That's a killer inverse head and shoulders, cup and handle, whatever it is. It's suggesting there is a very big move to come in this cross, meaning Solana is going to outperform a lot,&#8221; Pal said. 
An I-HNS pattern is a bullish technical formation. The right shoulder indicates that investors are eager to accumulate the asset without waiting for the price to fall to its previous low.
Pal also hinted at a bullish pattern for Solana that could lead to a price target of $265, a more than 45% gain from the current value.
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According to Pal&#8217;s chart analysis, Solana has turned the diagonal resistance of a triangle pattern into support. Last month, he stated that the crypto market is approaching the &#8220;Banana Zone,&#8221; a period of sustained uptrend for Bitcoin and other digital assets.
"Solana, well, it's breaking out. It's retesting that breakout. That's what it's been doing the last couple of days. Looks beautiful. We want to see this kind of stuff, because test, retesting of breakouts, bit of sideways consolidation, brings you the power of the banana, which is all we care about," he added. 
Pal&#8217;s bullish prediction for Solana is significant. His analysis suggests that Solana&#8217;s current pattern could lead to a substantial price increase, which would be a notable development in the crypto market. 
Furthermore, his forecast of the &#8220;Banana Zone&#8221; indicates a potential uptrend for not only Bitcoin but other digital assets as well.
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$BTC

$SOL

One Crypto Is Poised To Outperform Bitcoin, Says Crypto Expert

As Kamala Harris pivots from Vice President to <a href="https://www.benzinga.com/general/politics/24/07/39908377/kamala-harris-secures-majority-backing-for-2024-democratic-nomination-ap-survey">presumptive Democratic nominee for president</a>, her financial disclosures show a desirable piece of her portfolio – a 2.625% mortgage rate on her Los Angeles home.
That rate, secured in 2020, is a relic of the pandemic era&#8217;s historically low interest rates. With today&#8217;s average 30-year fixed mortgage rates hovering near 7%, Harris&#8217; loan terms point to the difference between the housing market then and now.
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According to a review of her financial disclosures by The Wall Street Journal, the Vice President and her husband, Doug Emhoff, refinanced their 3,500-square-foot Brentwood-area home with a $2 million, seven-year adjustable-rate mortgage (ARM) from Wells Fargo. That move allowed them to take advantage of the low-rate environment during the pandemic. Harris and Emhoff&#8217;s decision to opt for an ARM rather than a fixed-rate mortgage is a strategy often used by high-net-worth individuals. Gordon Miller, a mortgage broker in Cary, N.C., explained to the Journal that wealthy clients frequently refinance ARMs at the same rate before they reset, effectively extending the loan&#8217;s favorable terms.
<hr class="wp-block-separator has-alpha-channel-opacity" />
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The property has also appreciated in value. The four-bedroom home, purchased by Emhoff in 2012 for about $2.7 million, has nearly doubled in value, with current estimates from Zillow placing its value at around $5 million.
The couple&#8217;s real estate portfolio extends beyond their Los Angeles residence. Records show that Harris previously owned other properties in California and Washington, D.C.
Beyond their mortgage, Harris and Emhoff have assets valued between $3.6 million and $7.36 million (excluding real estate), and the Journal noted that much of their wealth is held in retirement accounts and low-cost index funds.
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The couple earned around $450,000 in 2023 (including Harris' Vice President salary of $218,784), a decrease from previous years due to Emhoff&#8217;s departure from his law partnership.
As Harris makes her case to lead the country – with President Joe Biden dropping out of the race on Sunday – her financial disclosures show careful, conservative management.
The Road Ahead: With the nomination all but secured, the Democratic National Committee has set Aug. 1 as the likely start date for delegate voting, marking the formal beginning of Harris&#8217;s journey as the presumptive nominee.
Harris&#8217;s path to the nomination appears clear with no plausible challengers on the horizon and endorsements pouring in from party heavyweights like <a href="https://www.benzinga.com/news/24/07/39922362/hillary-clinton-says-kamala-harris-is-chronically-underestimated-says-vp-can-prosecute-a-compelling">Bill and Hillary Rodham Clinton</a>.
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What's In Kamala Harris' Wallet? Millions Of Dollars, And A 2.625% Mortgage Rate

Financial access remains a significant hurdle for diverse business owners in the cannabis industry. Despite the industry&#8217;s rapid growth, minority entrepreneurs often face barriers to securing funding, navigating regulatory complexities and gaining equitable opportunities. According to a 2017 survey by Marijuana Business Daily, only 4.3% of cannabis business owners identified as African American, highlighting the disparity in representation and financial access within the industry.
Similarly, a 2021 report by the Minority Cannabis Business Association (MCBA) found that access to capital was one of the primary challenges for minority cannabis entrepreneurs, with 72% of respondents indicating it as a critical barrier​.
Minority entrepreneurs often encounter regulatory complexities, limited access to banking services and higher interest rates compared to their counterparts. These challenges are exacerbated by the federal status of cannabis, which complicates financial transactions and access to traditional banking services.
To address these inequities, Cannas Capital Holdings has launched the Bank Black Initiative, an AI-powered system designed to bridge the racial wealth gap by ensuring equitable financial access for diverse-status business owners. The initiative aims to become an ASTM Global Standard Guideline for Social Equity Lending, providing a comprehensive framework to support minority entrepreneurs in the cannabis sector.
<h2 class="wp-block-heading">Economic Empowerment Through Financial Literacy And Access To Capital</h2>
Cannas Capital&#8217;s Bank Black program utilizes an AI-operating system that goes beyond traditional underwriting metrics. While it considers essential factors such as management team, payment history and collateral support, the system also integrates additional components including community and demographic analysis, social capital assessment, institutional support, risk mitigation strategies, long-term sustainability, regulatory compliance and continuous monitoring. This holistic approach ensures that the full spectrum of a business's context and potential is evaluated, promoting fair and equitable access to financial resources.
The firm is dedicated to economic empowerment through financial literacy programs, business credit building and small business development. It facilitates access to capital by creating a network of lenders, establishing underwriting metrics for stakeholders and providing financial literacy training. These efforts are aimed at addressing the systemic barriers that minority entrepreneurs face, helping them build sustainable and successful businesses in the cannabis industry.
In addition, Cannas Capital has formed strategic partnerships to further its mission. Collaborations with organizations such as Infused Banking, a fintech and training company, and FinResults, a fintech company specializing in compliance and data-intensive business solutions, have enhanced the organization&#8217;s capabilities. These partnerships facilitate knowledge-sharing, idea exchange, and collaboration among banks, credit unions and other financial organizations.
Cannas Capital has already made significant strides in addressing these barriers. The firm has facilitated the funding of over 400 insurance policies in the commercial cannabis industry and helped numerous minority-owned businesses secure essential capital.
<h2 class="wp-block-heading">A Leadership Team Focused On Community Impact</h2>
Cimone Cason, CEO of Cannas Capital Holdings, has been instrumental in driving the company&#8217;s mission. As a city commissioner, Cason approved the first minority-owned cannabis company in her local municipality. She also serves as the chairwoman of the National Cannabis Industry Association Risk Management Committee and is involved with ASTM International and the NAIC Cannabis Workgroup.
Under her leadership, Cannas Capital Holdings has achieved notable successes, including the creation of Michigan&#8217;s Social Equity Programs: Joint Ventures and All-Star Program, and the approval of the first Social Equity Awardee Dispensary in a local municipality. The organization also established a Social Equity Discount program for commercial cannabis businesses nationwide.
Cannas Capital Holdings&#8217; commitment to social equity and economic empowerment has had a significant impact on minority communities. &#8220;The Cannas Capital Collective has provided us with the tools and knowledge to build a strong business by aiding my company in obtaining consumer lending, risk management, and establishing a business credit profile,&#8221; said Charles Inyang, a beneficiary of the program.
&#8220;Their commitment to helping cannabis companies gain funding in an economic environment that limits funding opportunities has been groundbreaking. We&#8217;ve seen significant improvements in our local economy,&#8221; stated a representative from Minorities 4 Medical Marijuana.
As Cannas Capital Holdings continues to drive innovation and inclusivity in the cannabis industry, the potential for lasting impact grows. By addressing financial inequities and empowering minority entrepreneurs, initiatives like Bank Black are not only fostering social equity but also paving the way for a more diverse and thriving cannabis industry. The success of such programs could serve as a model for other sectors, highlighting the importance of inclusive financial practices in creating sustainable economic growth.
Looking ahead, the continued efforts of Cannas Capital Holdings to champion social equity and economic empowerment are poised to transform the cannabis industry. By dismantling financial barriers and fostering an inclusive business environment, Cannas Capital is helping to create a more equitable future for minority entrepreneurs. Their work underscores the critical role that innovative financial solutions play in driving both industry growth and social progress.
This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Cannabis

Financing

Inside The AI-Driven Initiative Pioneering Financial Inclusion In The Cannabis Industry: Cannas Capital's 'Bank Black' Program

Imagine a world where everyone gets the same basic income with no strings attached. Sounds far-fetched, but OpenAI CEO Sam Altman is one step closer to achieving this goal with the help of Open<a href="https://www.benzinga.com/markets/equities/24/07/39976031/visa-leverages-ai-to-prevent-40b-in-fraud-how-machine-learning-is-combatting-the-surge-in-cyberc">AI</a>.&nbsp;
Altman and a nonprofit research organization, OpenResearch, have been studying the effects of a no-strings-attached universal income, and the results have been positive. Over the past several years, more than 150 local studies have explored a universal $1,000 salary, but the largest of these pilot studies came from OpenResearch.
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According to Bloomberg, the study has been distributing $1,000 monthly to people in Illinois and Texas to help with basic needs and expenses for three years. Researchers released their findings and concluded that the $1,000 "can be used to address recipients' specific needs, is responsive to changing demands, and creates the possibility for increased agency."&nbsp;
Altman's universal income theory, backed by AI, could not come at a better time as millions of Americans are struggling to pay for basic necessities like rent and food amid the rising <a href="https://www.benzinga.com/markets/equities/24/07/39947663/peter-schiff-says-americans-are-broke-points-to-fords-dismal-q2-profit-they-cant-afford-to-buy-n">cost of living</a>. ABC News reported that a recent Harvard study revealed that around half of American renters are heavily burdened by the cost of housing. Harvard found that middle-income renters are the hardest hit. For example, nearly 40% of households earning $45,000 to $74,999 were rent-burdened.&nbsp;
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Sarah Saadian, the Senior Vice President of Public Policy and Field Organizing at the National Low-Income Housing Coalition, told ABC News, "More and more households that are struggling to pay rent are living just one sort of financial shock away from facing evictions and, in worst cases, homelessness."&nbsp;
The three-year study examined how unconditional cash could help struggling households pay for housing. Elizabeth Rhodes, OpenResearch's research director, explained that the idea of the study was to provide flexibility in participants' spending. She said, "Cash is flexible. It&#8217;s an imprecise instrument if your goal is to move one outcome for everyone, but it moves some or many outcomes for everyone."&nbsp;
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The study began in 2020 with 3,000 participants in Texas and Illinois. Each participant was given $1,000 in cash per month and told to spend it however they wanted. Despite the freedom to spend the money on whatever they chose, the study found that participants used it to fund basic expenses like rent, food and transportation, rather than on vices like alcohol. Participants increased their monthly spending by $310, but on essentials. The study also explored how unconditional cash could affect low-income participants' employment decisions, and the results were also positive.&nbsp;
Results revealed that participants could make more flexible employment decisions that align with their goals and values, rather than just accepting the first job available with poor pay.&nbsp;
One participant of the study revealed in an interview, "Because of the [cash transfer] and being able to build up my savings, I'm in a position for once to be picky," and added, "I don't have to take a crappy job just because I need income right now. I have the opportunity to hold out and try and find the right fit." The results showed that participants worked 1.3 hours less per week, leaving them with more leisure time, which can be beneficial for their physical and emotional well-being.
So far, the results have been positive and have shown that a basic universal income can help lower-income families afford the basics. However, there have been results indicating that this additional cash has had no significant impact on physical or mental health. But with OpenAI constantly learning and evolving, Altman's dream is not as far away.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
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