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Stocks

“Ryanair shares tumble 17.2% as budget airline reports 46% fall in quarterly profit, sees lower fares” [JUL, 22, 2024]

“… …” https://www.cnbc.com/2024/07/22/ryanair-q1-2024-results-shares-fall-on-lower-fares-fall-in-quarterly-profit.html

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…

Business

Mainstream News Media Is Bleeding Cash

“Chaos, Fury Engulf Los Angeles Times in Historic Cuts to Newsroom” “…Barely 24 hours after billionaire owner Patrick Soon-Shiong imposed more than 115 job cuts, reducing about 20% of the newsroom, staffers arriving at the paper’s offices in El Segundo… Continue Reading…

Economy

“…Switzerland Seeks Low-Budget Olympics After Years of Opposition”

“…Winter Games are usually held by a certain region or city, and they can be pricey. The 2018 edition held in Pyeongchang, South Korea, cost about $13 billion. Even back in 2002, Salt Lake City still spent $2.2 billion on… Continue Reading…

Economy

“61% of Americans are living paycheck to paycheck — inflation is still squeezing budgets”

“As of July, 61% of adults still said they are living paycheck to paycheck, according to a new LendingClub report, slightly more than last year’s 59%… Now, 78% of consumers earning less than $50,000 a year and 65% of those earning between… Continue Reading…

Economy, Energy

“…Americans are warned to budget for $5-A-GALLON gas as oil prices surge during Russian invasion of Ukraine and US national average rises to $3.61”

“Americans can expect to see gas prices to rise to $5 a gallon in the coming weeks, as the cost of oil continues to rise in the days following Russia’s invasion of Ukraine, experts say – and some parts of California… Continue Reading…

Stocks

“5 Stocks to Sell or Stay Away From in November”

“While some hard-hit industries have seen some level of recovery as the economy takes a phased approach to reopening, many companies need to operate at full capacity to maintain their business and move toward expansion. But these plans have been… Continue Reading…

Banking, Economy

“Federal Budget Deficit Nears $2 Trillion For Fiscal Year”

“The U.S. budget gap more than doubled in May, pushing the deficit for the fiscal year to near $2 trillion, as federal revenues plunged and government spending soared to help combat the coronavirus pandemic…” https://www.wsj.com/articles/federal-budget-deficit-nears-2-trillion-for-fiscal-year-11591630088

Economy

“More than 2,100 U.S. cities brace for budget shortfalls… many planning cuts and layoffs”

“More than 2,100 U.S. cities are anticipating major budget shortfalls this year and many are planning to slash programs and cut staff in response, according to a new survey of local officials released Tuesday… Nearly 9 in 10 cities surveyed… Continue Reading…

Personal Finance

More Than Half Of American Parents Went Over Their Summer Budgets

“A new survey from TD Ameritrade finds that 52% of parents with children under 18 spent more than they intended to this summer. The average summer debt for those parents is $1,960 this year. That compares with just $563 for… Continue Reading…