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News from 2024


Morgan Stanley at Work has released its fourth annual State of the Workplace Financial Benefits Study, revealing that employees continue to prioritize retirement planning support and financial guidance as essential workplace benefits. The study highlights that in an uncertain economic climate, employees are reducing their plan contributions while seeking financial advice from workplace resources. Meeting these needs is seen as crucial for attracting and retaining talent.

Morgan Stanley Investment Management (MSIM), through investment funds managed by Morgan Stanley Infrastructure Partners (MSIP), has announced the acquisition of a 49% stake in Onslow Iron Road Trust (Road Trust). The partnership includes Mineral Resources Limited, which retains a 51% ownership.

Gasoline prices have fallen by eight cents since last Thursday, now averaging $3.48 per gallon, marking the largest weekly drop of the year.

ORLANDO, Fla. (June 6, 2024) – The most recent annual consumer survey by AAA on Electric Vehicles (EVs) indicates a decline in consumer interest in purchasing EVs. Only 18% of U.S. adults say they would be “very likely” or “likely” to buy a new or used EV (not a hybrid), down from 23% last year. Additionally, 63% cited being "unlikely or very unlikely" to purchase an EV for their next car.

Morgan Stanley (NYSE: MS) has announced its schedule for conference calls to discuss its financial results for the second quarter, third quarter, fourth quarter, and full-year 2024.

From "Adopt a Shelter Cat Month" to "Hug Your Cat Day" on June 4, and the humorous "Cat World Domination Day" on June 24, June celebrates the companionship and joy that cats bring into our lives. It is also an opportune time to expand knowledge about cat care for their optimal well-being.

Morgan Stanley Foundation Announces $8 Million Grant to Feeding America to Address Child Hunger

E*TRADE from Morgan Stanley today released the data from its monthly sector rotation study, based on the E*TRADE customer notional net percentage buy/sell behavior for stocks that comprise the S&P 500 sectors.

Carlyle to Present at Morgan Stanley’s US Financials, Payments and CRE Conference

On Friday, May 31, Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice in President Biden’s Cabinet for America’s more than 33 million small businesses, concluded Asian American and Native Hawaiian/Pacific Islander (AANHPI) Heritage Month with visits to two AANHPI-owned small businesses in Washington, D.C. The visits aimed to highlight how the President’s Investing in America economic agenda is uplifting AANHPI entrepreneurs.

Morgan Stanley announced the winners of its 15th annual Strategy Challenge, a pro bono program designed to assist nonprofits in addressing strategic issues. This year's winners supported Protect All Children from Trafficking (PACT) in the U.S. and Anthony Nolan in the UK.

Enclave Coworking has announced free coworking days available for locals at their Barrington location this summer.

WASHINGTON, D.C. (May 30, 2024)—The national average for a gallon of gasoline has decreased by five cents since last week to $3.56, marking the largest one-week drop so far in 2024. The primary factors are reduced demand and lower oil prices.

Morgan Stanley at Work today released the results from its fourth annual State of the Workplace Financial Benefits Study, revealing that equity compensation is increasingly popular among employees and HR leaders at both public and private companies. The study indicates that employers view equity as a crucial factor for employee engagement and retention, though there are opportunities to enhance employees' understanding of the financial benefits available through equity ownership.

WASHINGTON – Today, Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice in President Biden’s Cabinet for America’s more than 33 million small businesses, announced that the agency has removed its 504 Loan Program’s cap on lending for clean energy projects as part of broader SBA and Biden-Harris Administration efforts to usher in the nation’s clean energy future.

Allstate declared approximately $29.3 million in aggregate dividends on three series of preferred stock for the dividend period from April 15, 2024, through July 14, 2024. All the preferred dividends are payable in cash on July 15, 2024, to stockholders of record at the close of business on June 28, 2024.

On May 29, 2024, Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA) and a member of President Biden’s Cabinet representing America's more than 33 million small businesses, visited New York City. Accompanied by Congresswoman Grace Meng, Guzman aimed to highlight how the Biden-Harris Administration’s economic agenda is fostering entrepreneurship among diverse communities.

Morgan Stanley (NYSE: MS) announced today that it has topped Institutional Investor magazine’s All-Asia Research Team annual rankings once again. This achievement marks a new record for the industry, as Morgan Stanley becomes the first bank to maintain the lead position for 10 consecutive years in the Asia survey’s more than 30-year history.

State Farm recently hosted a networking event for Illinois State University students aimed at fostering professional growth. The event provided an opportunity for students to connect with industry professionals and gain insights into their future careers.

WASHINGTON, DC (May 28, 2024) – Seven hotels and two restaurants have been newly added to AAA’s Four Diamonds list. Each year, AAA Inspectors visit hotels and restaurants across North America, the Caribbean, and Costa Rica to evaluate them based on the 4 Cs of AAA Diamonds: Cleanliness, Comfort, Cuisine, and Consistency.