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Personal Finance

“Almost half of Americans are willing to take on debt in a post-pandemic spending splurge, survey finds”

“Americans are ready to start spending money to treat themselves — and 44% are willing to go into debt to do it, a report from CreditCards.com finds. Millennials, ages 24-40, are most likely to take on more debt (59%) followed by Gen… Continue Reading…

Business

“Kroger aims to hire 10,000 workers at first nationwide ‘hybrid’ hiring event”

“Kroger Co. KR, 0.98% has set a goal of 10,000 new hires when it hosts its first nationwide “hybrid” hiring event on Thursday. Taking place both in person and virtually, Kroger is searching for associates to work across e-commerce, pharmacy, operations, and other… Continue Reading…

Economy, Stocks

“Oil Breaks Through $70 a Barrel. Here’s How It Could Keep Going.”

“Oil prices have rebounded even faster than most oil bulls had expected, and on Monday, oil futures briefly crossed a key threshold. West Texas Intermediate futures, the benchmark for U.S. oil, rose above $70 a barrel late on Sunday, the first… Continue Reading…

Cryptocurrencies

“Bitcoin’s slump opens the door to a tax loophole every investor needs to know”

“…If you’re a crypto investor down in the dumps, there’s a strategy you can use that might take some of the sting out of your recent losses. It’s called a “wash sale… Let’s say your Bitcoin investment lost you $50,000… Continue Reading…

Stocks

“These Are The Best Robinhood Stocks To Buy Or Watch Now”

“At the moment, Google parent Alphabet (GOOGL), casino stock MGM Resorts International (MGM) and General Motors (GM) are standout performers. Unlike GameStop (GME) and AMC Entertainment (AMC), which have been hitting the headlines of late, these stocks offer a mix of solid fundamental and technical performance…” https://www.investors.com/research/best-robinhood-stocks-to-buy-now/?src=A00220 I don’t know… Continue Reading…

Stocks

“2 ‘Strong Buy’ Stocks Showing Monster Growth”

“Northern Oil and Gas (NOG)… In line with his comments, Dingmann rates the shares as a Buy, and his price target of $25 implies an upside of 33% for the coming year… This company’s firm position in some of the country’s… Continue Reading…

Business, Economy

“These charts show the highest and lowest corporate tax rates around the world”

“Highest and lowest corporate tax rates Generally, countries in Africa and South America impose higher corporate tax rates compared with many in Europe and Asia, according to data by Washington-based think tank Tax Foundation, the OECD and consultancy KPMG. Many… Continue Reading…

Economy, Precious Metals

“Global Silver Shortage: No More Orders at the US Mint”

“Citing what it called a “global silver shortage,” the U.S. Mint is not going to take orders next month for certain silver coins. “The global silver shortage has driven demand for many of our bullion and numismatic products to record… Continue Reading…

Economy

“Global Shortages: How the World Ran Out of Everything”

“Global shortages of many goods reflect the disruption of the pandemic combined with decades of companies limiting their inventories. In the story of how the modern world was constructed, Toyota stands out as the mastermind of a monumental advance in… Continue Reading…

Economy

“Jobless claims: Initial filings broke below 400,000 for the first time since March 2020”

“…The Department of Labor released its weekly report on new jobless claims Thursday at 8:30 a.m. ET. Here were the main metrics from the report, compared to consensus data compiled by Bloomberg: Initial jobless claims, week ended May 29: 385,000 vs. 387,000 expected… Continue Reading…