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Cryptocurrencies

“Cryptocurrencies tumble, with bitcoin falling 7% and ether down 8% in the last 24 hours”

“Bitcoin prices fell sharply on Thursday night, while ether prices also dived, wiping off nearly $150 billion from the crypto market. Bitcoin fell about 7% in the last 24 hours, and dropped as low as $38,287 in the same period, according… Continue Reading…

Stocks

“Dow rises for a second day to new record, broader market weighed down by tech losses”

“The Dow Jones Industrial average rose for a second day to start 2022 as investors bet on the kinds of stocks that would benefit from a robust economy this year despite the omicron threat. Losses in tech shares that were… Continue Reading…

Economy

“20% of Americans couldn’t pay their energy bill in the last year. How to keep costs down”

“…In the last year, about 20% of Americans struggled to pay their energy bill in full at least once, according to a study by Help Advisor. At the same time, 18% kept their house at a temperature that was either… Continue Reading…

Business, Stocks

“Stitch Fix shares are down more than 27%, analyst says apparel retailer has hit a ‘growth wall’”

“Stitch Fix shares plummeted more than 27% Wednesday to a fresh 52-week low as one analyst said the company has run smack into a “growth wall.” The online shopping and styling service was able to top fiscal first-quarter expectations after the bell on… Continue Reading…

Business, Stocks

“Twitter CEO Jack Dorsey is expected to step down, sources say”

“Twitter CEO Jack Dorsey is expected to step down from his executive role, sources tell CNBC’s David Faber. Twitter stock was up more than 5% on the news. Dorsey currently serves as both the CEO of Twitter and Square, his digital payments… Continue Reading…

Business

“Ford’s sales… down by 27.4% in the third quarter”

” Ford Motor’s U.S. vehicle sales showed signs of improvement during the third quarter, but still fell by 27.4% from last year as an ongoing shortage of semiconductor chips interrupted vehicle production. The drastic decline was narrower than auto forecasters expected, but… Continue Reading…

Economy, Stocks

“Slow Motion Deterioration: Some Shares Down 20% or More”

“EDITOR NOTE: A stock market crash that some experts are predicting calls to mind a sudden, catastrophic event. A recent CNBC report suggests it this drop may already be happening, but at a slower, steadier pace than in the past.… Continue Reading…

Business, Economy

Trend: Auto Sales Seem To be down Across The Board

I was looking through the news and seen some what of a trend. “Japanese automakers’ China car sales tumbled in August” https://finance.yahoo.com/news/japanese-automakers-china-car-sales-083033156.html “Ford’s U.S. sales decline 33% in August as chip shortage devastates auto industry” https://www.cnbc.com/2021/09/02/fords-us-sales-fall-33percent-as-chip-shortage-devastates-auto-industry.html “Russia’s August auto sales… Continue Reading…

Economy

“September jobs report: US economy gains 661,000 payrolls, unemployment rate ticks down to 7.9%”

“The US economy saw another 661,000 jobs added back in September and a modest improvement in the unemployment rate, as the recovery in the labor market continues at a stagnating rate… Change in non-farm payrolls: +661,000 vs. +859,000 expected and +1.489 million in… Continue Reading…

Personal Finance

“Retiring with $1 million: How much you should save every month, broken down by age”

“…In fact, only 47% of retirees think they’ve built a large enough nest egg to last the rest of their lives, according to a 2020 survey conducted by the Transamerica Center for Retirement Studies. If your goal is to save $1 million, you’ll need… Continue Reading…