Business, Economy

“Residents of this state pay $987,117 in lifetime taxes. Guess which one?”

“With Tax Day approaching, here’s a sobering thought: The average American pays $524,625 in taxes in their lifetime, according to a new study… New Jersey residents pay $987,117 in lifetime taxes, the analysis found, the highest tab in the nation. Washington, D.C.,… Continue Reading…

Economy

“More Americans say they are living paycheck to paycheck this year than in 2023…”

“More Americans may be struggling to make ends meet. A majority, 65%, say they live paycheck to paycheck, according to CNBC and SurveyMonkey’s recent Your Money International Financial Security Survey, which polled 498 U.S. adults. That’s a slight increase from last year’s… Continue Reading…

Economy, Real Estate

[Inflation] “$1 million homes are now ‘typical’ in a record number of U.S. cities, analysis finds. Here’s where they are”

“There is a record number of areas in the U.S. where the “typical” home is worth $1 million or more. In February, the country had 550 “million-dollar” cities, or areas where the “typical” home value is $1 million or more,… Continue Reading…

Economy

“Six-Month Federal Budget Deficit: $1.1 Trillion”

“Washington continues to spend like deficits and debt don’t matter, and the politicians would rather you don’t know. For the record, the Congressional Budget Office reported Monday that the federal budget deficit for the first six months of fiscal 2024,… Continue Reading…

Economy

“Why Californians are fleeing this once-Golden State”

“…The U.S. Census Bureau reported in March that California’s population as of last July had dropped to an estimated 38,965,000. That’s down by 75,400 in a year — and 573,000 below California’s peak of 39.5 million in 2020. Entering this… Continue Reading…

Business

“George Soros Fund Buys $400 Million Stake In 227 US Radio Stations Going Into 2024 Election”

“Billionaire hedge fund manager George Soros has been the target of controversy recently after a recent move to become a controlling shareholder in the second-largest owner of radio stations in the U.S. This isn’t the first media brand Soros has… Continue Reading…

Stocks

“Trump Media stock closes 21% lower after company reports $58 million loss for 2023”

“The share price of Trump Media closed trading 21.47% lower on Monday, hours after the social media app company tied to former President Donald Trump reported a net loss of $58.2 million on revenue of just $4.1 million in 2023. Trump Media & Technology Group shares plunged… Continue Reading…

Economy

“America will be left with ‘severe, irreversible scars’ if national debt goes unchecked. Now, a blockbuster report warns the [debt] is higher than believed…”

“National debt is fast becoming the thorn in the side of the American economy that nobody wants to extract—and it will continue to cause damage, sending the U.S. into financial crisis and 10 years of stagnation. That is increasingly the opinion of… Continue Reading…

Precious Metals

“Gold prices hit another record high after fresh U.S. data spurs Fed cut expectations”

“Gold prices scaled to another record high Monday, propelled by U.S. interest rate cut expectations and the metal’s appeal as a safe haven asset. Spot gold added 0.3% to trade at $2,240.04 per ounce. U.S. gold futures rose 0.8% to settle at $2,257.10… Continue Reading…

Economy

“Biden okays $60 million in aid after Baltimore bridge collapse as governor warns of ‘very long road ahead’”

“Maryland Gov. Wes Moore warned Thursday of a “very long road ahead” to recover from the loss of Baltimore’s Francis Scott Key Bridge as the Biden administration approved $60 million in immediate federal aid after the deadly collapse… The sudden… Continue Reading…