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Business, Economy

“Half of Americans quit their jobs last year to make a career change…”  

“…It turns out the “Great Resignation,” also known as the “Great Reshuffle,” has many Americans rethinking the type of work they are doing. Some 53% of employed U.S. adults who quit their job in 2021 changed their occupation or field… Continue Reading…

Economy

“Food prices jump 20.7% yr/yr to hit record high in Feb, U.N. agency says”

“World food prices hit a record high in February, led by a surge in vegetable oils and dairy products, to post a 20.7% increase year-on-year, the U.N. food agency said on Friday…FAO said its vegetable oils index rose 8.5% month-on-month… Continue Reading…

Investing, Personal Finance

“Nearly 40% of women over 35 regret not investing for retirement sooner”

“…That’s according to Fidelity’s 2022 Money Moves study, in which 36% of older women — defined in the survey as women 36 and older — said that their biggest financial mistake was “waiting too long to start saving for retirement.” Fidelity surveyed… 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…

Banking

“Russia central bank more than doubles key interest rate to 20% to boost sinking ruble”

“Russia’s central bank on Monday more than doubled the country’s key interest rate from 9.5% to 20% as its currency, the ruble, hit a record low against the dollar on the back of a slew of new sanctions and penalties imposed on Russia… Continue Reading…

Economy

“Fed’s favorite inflation gauge up 5.2% for biggest annual gain since 1983”

“…The core personal consumption expenditures price index, the Federal Reserve’s primary inflation gauge, rose 5.2% from a year ago, slightly more than the 5.1% Dow Jones estimate. It was the highest level since April 1983. Including food and energy prices,… Continue Reading…

Real Estate

“January home sales jump 6.7% despite a record low supply”

“Sales of previously owned homes in January rose 6.7% from December to a seasonally adjusted annualized rate of 6.5 million units, according to the National Association of Realtors. That exceeded Wall Street expectations significantly. Sales were 2.3% lower compared with… Continue Reading…

Business

“61% of people working from home are doing so because they want to, even though their office is open”

“More people are choosing to work from home because they want to, even if their office is open and they’re less concerned about Covid risks, according to new findings from Pew Research Center. According to a January survey of 5,889 workers,… Continue Reading…