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Economy

“Only 33% of millionaires consider themselves wealthy, report finds. Why it’s so hard to feel rich”

“…Only 12% of Americans consider themselves wealthy, according to a new report by Edelman Financial Engines. Despite their high net worth, just 33% of millionaires said the same, the report found. Edelman Financial Engines polled more than 3,000 adults over age… Continue Reading…

Business, Economy

“‘Know your worth’ — 33% of job seekers said they wouldn’t even go to a job interview without seeing the salary first”

“Workers are pushing for greater pay transparency, whether employers like it or not. Such conversations around income expectations used to be “the elephant in the room,” said Vicki Salemi, career expert at Monster.com. Now, 33% of job seekers said they… Continue Reading…

Stocks

“The stock market would plunge 33% if the [US] government defaults: Moody’s”

“”Stock prices would be cut almost in one-third at the worst of the sell-off, wiping out $15 trillion in household wealth. Treasury yields, mortgage rates, and other consumer and corporate borrowing rates spike, at least until the debt limit is… Continue Reading…

Banking, Stocks

“Revolut, the $33 billion fintech player, is rolling out commission-free stock trading in the U.S.”

“Revolut, the global fintech player valued at $33 billion, will soon offer commission-free stock trading to U.S. customers for the first time, CNBC has learned. The start-up is set to announce Tuesday that it secured a U.S. broker-dealer license, enabling… Continue Reading…

Cryptocurrencies

“…dogecoin millionaire’: This 33-year-old invested his savings…”

“After learning about the meme cryptocurrency on Reddit, Contessoto says he invested over $180,000 in dogecoin on Feb. 5, when it was priced at about 4.5 cents. Contessoto was intrigued by dogecoin for a few reasons. For one, he loved… Continue Reading…

Banking, Stocks

“Coca-Cola earnings fall 33%, but company sees improving demand…”

“Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv: Earnings per share: 42 cents, adjusted, vs. 40 cents expected Revenue: $7.2 billion vs. $7.2 billion expected Coke reported fiscal… Continue Reading…