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Business, Stocks

“Elon Musk offers to buy Twitter for $43 billion, so it can be ‘transformed as private company’”

“Elon Musk offered to buy Twitter for $54.20 a share in a filing published Thursday, saying the social media company needs to be transformed privately, a little over a week after first revealing a 9.2% stake in the company. Musk’s offer values… Continue Reading…

Economy

“…Federal Tax Collections Set Record Through March”

“The federal government collected a record $2,121,987,000,000 in total taxes through the first six months of fiscal 2022 (October through March), according to the Monthly Treasury Statement. This also marked the first time that federal tax collections have exceeded $2 trillion… Continue Reading…

Economy

Cryptocurrency: Shiba Inu Just Came To Robinhood

I’m going to make this short and sweet. I suggest everyone that’s reading to invest in this coin. Just think what’ll happen if it jumps like Dogecoin did last year. I’m in from the start this time. Don’t miss out.… Continue Reading…

Energy

“Soaring gas prices are forcing some Uber, Lyft drivers off the road”

“…The Consumer Price Index, which measures the prices Americans must pay for goods and services, is up 8.5% from a year ago — notching a fresh high in March. However, gas prices jumped 18.3% for the month, boosted by the war in Ukraine and… Continue Reading…

Economy

“Producer prices rose 11.2% from a year ago in March, the biggest gain on record”

“…The producer price index, which measures the prices paid by wholesalers, increased 11.2% from a year ago, the most in a data series going back to November 2010. On a monthly basis, the gauge climbed 1.4%, above the 1.1% Dow… Continue Reading…

Economy, Personal Finance

“25% of Americans felt financially stressed all the time last year, CNBC + Acorns Invest in You survey found”

“…One-quarter of Americans said that they felt financially stressed all the time last year, according to a CNBC + Acorns Invest in You survey, conducted by Momentive. The online survey of nearly 4,000 adults was conducted March 23-24.   Another 41% said… Continue Reading…

Economy

“…40% of recent job switchers are again looking for a new position, survey finds”

“Two of every five workers who switched jobs over the past year are looking for work again, according to a new survey published by Grant Thornton, a consulting firm. These workers will likely account for a good deal of churn… Continue Reading…

Economy

“Are we witnessing the beginning of de-dollarization?”

“…However, the long-term challenge for the U.S. will be to keep the crown on the U.S. dollar’s head as the leading global reserve/fiat currency. The unilateral sanctions of the West against Russia had the unintended consequence of raising inflation levels in Europe, East… Continue Reading…

Business, Stocks

“Elon Musk decides not to join Twitter board, says CEO Parag Agrawal”

“Tesla and SpaceX CEO Elon Musk has abandoned his plans to join the board of Twitter, his social network of choice. Twitter CEO Parag Agrawal announced publicly Sunday that Musk remains the largest shareholder of Twitter, and the company will remain open to his… Continue Reading…

Economy

“A “recession shock” is coming, BofA warns”

“The macro-economic picture is deteriorating fast and could push the U.S. economy into recession as the Federal Reserve tightens its monetary policy to tame surging inflation, BofA strategists warned in a weekly research note. “‘Inflation shock’ worsening, ‘rates shock’ just… Continue Reading…