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Business

“How did Jeffrey Epstein make all of his money?”

“…Accused of abusing [RAPING] dozens of teenage girls before dying by [a highly suspicious so called] suicide in a federal prison in 2019…  a filing in his criminal case pegged his net worth at roughly $560 million. Epstein’s assets also included… Continue Reading…

Precious Metals

“Gold prices to breach all-time highs? Some expect bullion to hit $2,500”

“… …” https://www.cnbc.com/2023/08/11/gold-prices-to-breach-all-time-highs-with-some-calling-for-2500.html

Energy

“IEA says coal use hit an all-time high last year — and global demand will persist near record levels”

“Coal consumption increased by 3.3% to hit a fresh record high of 8.3 billion metric tons in 2022, the International Energy Agency said Thursday. According to the Paris-based organization’s Coal Market Update, demand increased “despite a weaker global economy, mainly driven… Continue Reading…

Real Estate

“Manhattan real estate sales plunge 38%, but cash deals hit all-time record”

“Manhattan real estate sales fell 38% in the first quarter, as buyers and sellers battled over prices and mortgage rates remained volatile, according to new reports. Total sales volume fell to $4.4 billion in the quarter, with 2,242 apartments and… Continue Reading…

Economy, Personal Finance

“Credit card debt is at an all-time high, putting households near ‘breaking point,’ study shows”

“More consumers are leaning on credit cards to afford increasingly expensive necessities such as food and rent. That helped propel total credit card debt to a record $930.6 billion at the end of 2022, an 18.5% spike from a year… Continue Reading…

Business

“Tech stocks got whacked in 2022 — but one server maker soared almost 90%, beating all its peers”

“It’s been a brutal year for tech stocks. The Nasdaq is headed for its worst slump since 2008 and is poised to underperform the S&P 500 for a second straight year. Among mega-cap tech stocks, Amazon, Meta and Tesla have each lost at least half their value.… Continue Reading…

Economy

“Nearly half of all Americans are falling deeper in debt as inflation continues to boost costs”

“In an economy that has produced the highest inflation rate since 1981, Americans are struggling to keep up with expenses and are putting less money aside for emergencies or long-term financial goals, several recent studies show. Nearly 40% of consumers cannot put any… Continue Reading…

Economy, Personal Finance

“25% of Americans felt financially stressed all the time last year, CNBC + Acorns Invest in You survey found”

“…One-quarter of Americans said that they felt financially stressed all the time last year, according to a CNBC + Acorns Invest in You survey, conducted by Momentive. The online survey of nearly 4,000 adults was conducted March 23-24.   Another 41% said… Continue Reading…

Precious Metals

“Palladium Shoots To An All-Time High Amid Fears Of Scarcity”

“EDITOR’S NOTE: Palladium prices just hit an all-time record of $3,440.76 an ounce before pulling back to levels that are still historically elevated. This palladium high shouldn’t be much of a surprise considering that Russia is the world’s largest palladium… Continue Reading…

Economy

“U.S. goods trade deficit hits a record in November”

“The U.S. trade deficit in goods mushroomed to a record in November as imports surged and exports slipped. The goods trade deficit widened last month by 17.5% to $97.8 billion from $83.2 billion in October, the Commerce Department said on… Continue Reading…