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Economy, Energy

“…Americans are warned to budget for $5-A-GALLON gas as oil prices surge during Russian invasion of Ukraine and US national average rises to $3.61”

“Americans can expect to see gas prices to rise to $5 a gallon in the coming weeks, as the cost of oil continues to rise in the days following Russia’s invasion of Ukraine, experts say – and some parts of California… Continue Reading…

Economy, Stocks

“Russian Stocks in London Wipe Out 98% of Value in Two Weeks”

“The Dow Jones Russia GDR Index, which tracks London-traded Russian companies, has plunged 98% in two weeks. The slump has wiped out $572 billion from the market value of 23 stocks, including Gazprom PJSC, Sberbank of Russia PJSC and Rosneft… Continue Reading…

Business

70% Of Consumers Respond Positively To Branded Products

“Data shows that an estimated 25% of internet users use ad-blockers; between 2014 and 2018, Netflix, which is ad free, grew from 50 million to 125 million subscribers. The simple truth is that people just don’t like ads, and they’ll pay to avoid… Continue Reading…

Economy

“50% of working Americans say they live paycheck to paycheck, including 31% of those making $100,000 or more”

“t may be a moment of great opportunity for those seeking work, but many of those currently working are still struggling. Half of working Americans say they’re living paycheck to paycheck, according to a January MagnifyMoney survey. That includes 76% of those making less… Continue Reading…

Stocks

“Billionaire Steven Cohen Loads Up on These 2 Penny Stocks”

“…Enter billionaire Steven Cohen. The legendary stock picker, who began his investing career at Gruntal & Co. where he managed proprietary capital for 14 years, founded S.A.C Capital Advisors in 1992. In 2014, his investment operations were converted to Point72… Continue Reading…

Business, Economy

“$10 toothpaste? U.S. household goods makers face blowback on price hikes”

“…Get ready for the $10 tube of toothpaste. Colgate-Palmolive Co (CL.N) CEO Noel Wallace said last week at an industry conference that the household goods maker sees its new Optic White Pro Series toothpaste as the type of premium product “vital” to… Continue Reading…