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Business

“Starbucks will exit Russia after 15 years, closing 130 licensed cafes”

May 23, 2022

“After 15 years operating in Russia, Starbucks will exit the market, joining companies like McDonald’s, Exxon Mobil and British American Tobacco in withdrawing from the country completely. The coffee giant announced Monday that it will no longer have a brand presence in Russia. Starbucks has 130 locations… Continue Reading…

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Energy

“Russia is about to cut off Finland’s natural gas”

May 20, 2022

“Russia is about to cut off natural gas supplies to a third European country that refuses to accept the Kremlin’s demand for payment in rubles.Russian gas will stop flowing to Finland at 7 a.m. local time on Saturday, Finnish state gas company… Continue Reading…

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Investing

“Billionaires like Jeff Bezos and Bill Gates are making big bets on farmland — here are 2 effortless ways you can access it, too”

May 20, 2022

“…According to data published by the U.S. Agriculture Department, about 80% of rented farmland is owned by investors who do not farm themselves. This ratio could increase as more investors get involved and the barriers to entry drop… Investing in… Continue Reading…

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Investing

“Nearly 40% of investors who pulled money out of markets in the last year regret it”

May 17, 2022

“Many investors who pulled money out of the stock market in the last year now regret their decision. Some 38% of investors said they sold stocks last year due to a current event, according to a study from MagnifyMoney. Of that group,… Continue Reading…

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Cryptocurrencies

“Investors withdraw over $7 billion from tether, raising fresh fears about stablecoin’s backing”

May 17, 2022

“Investors have withdrawn more than $7 billion from tether since it briefly dropped from its dollar peg, raising fresh questions about the reserves underpinning the world’s largest stablecoin. Tether’s circulating supply has slipped from about $83 billion a week ago to less than $76… Continue Reading…

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Business

“Elon Musk says Twitter deal ‘cannot move forward’ until he has clarity on bot numbers”

May 17, 2022

“Elon Musk said his $44 billion purchase of Twitter will not move ahead until he has more clarity on how many accounts are fake. Twitter estimated in a filing earlier this month that fewer than 5% of its monetizable daily active users… Continue Reading…

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Economy, Energy

“California’s gas average tops $6 per gallon as prices across the U.S. surge”

May 17, 2022

“California’s state average for a gallon of gas has surged above $6, making fuel in the Golden State the most expensive across the U.S. The average price at the pump in California hit a record $6.021 per gallon on Tuesday,… Continue Reading…

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Predictions, Opinions, & Comments

“Now” Is The Time To Invest In the Stock Market

May 12, 2022

For those of you who think the market can not be timed you should be dollar cost averaging into the stock market as much as possible. The wealthy make their wealth during recessions & depressions. When others sell they buy… Continue Reading…

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Economy

“Inflation barreled ahead at 8.3% in April from a year ago, remaining near 40-year highs”

May 12, 2022

“…The consumer price index, a broad-based measure of prices for goods and services, increased 8.3% from a year ago, higher than the Dow Jones estimate for an 8.1% gain. That represented a slight ease from March’s peak but was still close… Continue Reading…

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Economy

“Two-thirds of Americans live paycheck to paycheck as inflation continues to climb”

May 12, 2022

“Inflation is showing no signs of slowing down, making it harder for workers to make ends meet. The Consumer Price Index increased 8.3% from a year ago, higher than the 8.1% estimate, according to the U.S. Bureau of Statistics… Food prices… Continue Reading…

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