April 30, 2024
“Over time, higher costs [Inflation] and sluggish wage growth have left more Americans financially vulnerable, with many known as “ALICEs.” Nearly 40 million families, or 29% of the population, fall in the category of ALICE — Asset Limited, Income Constrained, Employed — according to United… Continue Reading…
April 30, 2024
“Financial adviser Matthew Wilson recently got a frantic email: A client wanted to dump their stockholdings as soon as possible. The reason? Stocks had staged a big run-up in recent months, and the client was worried that the market was about to get rocky… Continue Reading…
April 29, 2024
“ America’s men are working at much lower rates than they used to — and the reasons are a mixed bag of positive and negative economic news…” https://www.msn.com/en-us/money/careersandeducation/ar-AA1nO1oI The two main reasons why less men are working are not covered in this… Continue Reading…
April 26, 2024
“TikTok owner ByteDance would prefer to shut down its loss-making app rather than sell it if the Chinese company exhausts all legal options to fight legislation to ban the platform from app stores in the U.S., four sources said…” https://finance.yahoo.com/news/exclusive-bytedance-prefers-tiktok-shutdown-163541884.html… Continue Reading…
April 26, 2024
“…“Inflation reports released this morning were not as a hot as feared, but investors should not get overly anchored to the idea that inflation has been completely cured and the Fed will be cutting interest rates in the near-term,” said… Continue Reading…
April 26, 2024
“Oracle Corp. is moving its headquarters out of the city. Tesla Inc. is pulling back after a rapid expansion. Almost a quarter of commercial office space is vacant, and nowhere in the country have residential real estate prices fallen further… Continue Reading…
April 24, 2024
“Global military spending reached a record high of $2.4 trillion in 2023 amid a “global deterioration in peace and security,” the Stockholm International Peace Research Institute said Monday. The figure marked a 6.8% increase from 2022 and the sharpest year-on-year… Continue Reading…
April 24, 2024
“…President Biden has formally proposed the highest top capital gains tax in over 100 years… Under the Biden proposal, the combined federal-state capital gains tax exceeds 50% in many states. California will face a combined federal-state rate of 59%, New… Continue Reading…
April 24, 2024
“Technology stocks were broadly showing signs of “breaking down,” as the sector struggles in a slump this month that has deepened significantly, according to Bespoke Investment Group. The S&P 500’s information-technology sector tumbled 7.3% last week, its biggest weekly drop… Continue Reading…
Recent Comments