Cart

0

Economy

“America’s debt tops $34 trillion, but a commission to address it appears dead in Congress”

“…It’s well past time, the newly elected House speaker said in October, to establish a bipartisan commission to tackle the federal government’s growing $34.6 trillion in debt. “The consequences if we don’t act now are unbearable,” he said, echoing warnings from his predecessor and… Continue Reading…

Economy

“Japan’s yen hits 34-year-low, heating talk of intervention”

“The yen hit a 34-year-low on Wednesday, weakening as much as 151.97 against the U.S. dollar and fueling market questions over potential government intervention to prop the Japanese currency. The yen was last at 151.22 against the dollar at 10:19 a.m. London time… Continue Reading…

Stocks

“Reddit prices IPO at $34 per share in first major social media offering since 2019”

“Reddit, the 19-year-old website that hosts millions of online forums, priced its IPO on Wednesday at $34 a share, the top of the expected range. The offering brought in $519 million, according to a press release, and values the company at… Continue Reading…

Economy

“…Wharton professor sees $34 trillion debt triggering 2025 meltdown as mortgage rates spike above 7%: ‘It could derail the next administration’”

“…Gomes predicts America’s $34 trillion debt burden may upset the world’s financial markets as early as next year—should a president-elect announce a raft of expensive policies. And remember the UK’s mortgage meltdown following a disastrous premiership under Prime Minister Liz… Continue Reading…

Economy

“US national debt tops $34T for first time in history”

“The U.S. national debt topped $34 trillion for the first time ever, crossing a critical milestone at a time when government spending is already under scrutiny… Even more worrisome is that the spike in interest rates over the past year… Continue Reading…

Stocks

“Twilio shares plunge 34% on light guidance”

“Twilio shares fell about 34% on Friday morning, a day after the cloud communications software maker announced third-quarter results that gave a soft revenue outlook. Here’s how the company did: With respect to guidance, Twilio is calling for a fourth-quarter adjusted net loss… Continue Reading…

Economy, Investing, Personal Finance

“34% of Millennials say they’re behind on their retirement savings”

“However, a recent Goldman Sachs’ Retirement Survey & Insights Report found that 34% of Millennial respondents report feeling like they’re behind on their retirement savings. The findings are based on responses from 1,566 individuals who responded between July and August 2022. The… Continue Reading…

Economy, Personal Finance

“34% of shoppers consider a large purchase anything over $250…”

“When it comes to large purchases, Americans are showing they like to think ahead. Two out of three shoppers say they spend more time planning a large purchase than they do paying it off, according to a Wallethub survey. For 34%… Continue Reading…

Economy

“Chicago Fed economists see ‘U-Cov’ jobless rate as high as 34%”

“Their estimate: a ‘U-Cov’ rate in April of somewhere between 25.1% and 34.6%. That’s compared to the 16% rate forecast by economists polled by Reuters, who also estimate American employers shed more than 20 million jobs last month. “The official… Continue Reading…

Business

IBM Makes Biggest acquisition In Software History

“… IBM said it would buy cloud computing firm Red Hat for $34 billion — the largest software deal in history. Red Hat, which facilitates the movement of data across various cloud platforms, is an industry leader. Dimitris Mavrakis, research… Continue Reading…