December 20, 2023
“More than two-thirds of the U.S. House of Representatives voted in favor of a defense policy bill on Thursday that includes a record $886 billion in annual military spending and authorizes policies such as aid for Ukraine and push back… Continue Reading…
December 20, 2023
“…Companies added just 103,000 workers for the month, slightly below the downwardly revised 106,000 in October and missing the 128,000 Dow Jones estimate. Along with the modest job growth came a 5.6% increase in annual pay, which ADP said was… Continue Reading…
December 19, 2023
“The “American Dream” costs about $3.4 million to achieve over the course of a lifetime, from getting married to saving for retirement, according to a recent analysis from financial site Investopedia. Meanwhile, median lifetime earnings for the typical U.S. worker stand at $1.7… Continue Reading…
December 19, 2023
“…Specifically, researchers discovered that being too optimistic impacted decisions tied to employment, investments or savings, and any choice involving risk and uncertainty. “Unrealistically optimistic financial expectations can lead to excessive levels of consumption and debt, as well as insufficient savings. It… Continue Reading…
December 18, 2023
“A number of big banks expect global growth to slow in 2024, squeezed by elevated interest rates, higher energy prices and uncertainties in the world’s two largest economies, although they see slim chances of a recession. The global economy is… Continue Reading…
December 18, 2023
“News media outlets have done away with nearly 2,700 jobs so far in 2023, the most since 2020, according to a new study. Data from outplacement firm Challenger, Gray and Christmas found media companies overall have made 20,324 cuts so far in… Continue Reading…
December 15, 2023
“U.S. retail sales unexpectedly rose in November as the holiday shopping season got off to a brisk start amid deep discounting, likely keeping the economy on a moderate growth path this quarter and further alleviating fears of a recession. The… Continue Reading…
December 15, 2023
“…The Dow closed at 37,090 — up more than 500 points, or 1.4 percent, for the day — surpassing a record in January 2022, fueled by the Fed decision to hold rates steady due to progress on inflation. The milestone caps a banner… Continue Reading…
December 15, 2023
“…As such, it’s not that surprising to learn that 28% of workers today think they’ll have no choice but to live frugally as retirees, according to data from Natixis…” https://finance.yahoo.com/news/28-americans-think-theyll-stuck-121800115.html Listen, if you are a millennial do not expect social security to… Continue Reading…
December 15, 2023
“Developing countries paid a record $443.5 billion in 2022 to service their public debt as global interest rates surged, according to the World Bank… The cost of servicing debt for the world’s 24 poorest nations could surge by as much… Continue Reading…
Recent Comments