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Economy

“Only 33% of millionaires consider themselves wealthy, report finds. Why it’s so hard to feel rich”

“…Only 12% of Americans consider themselves wealthy, according to a new report by Edelman Financial Engines. Despite their high net worth, just 33% of millionaires said the same, the report found. Edelman Financial Engines polled more than 3,000 adults over age… Continue Reading…

Economy

“The world is sitting on a $91 trillion problem. ‘Hard choices’ are coming”

“Governments owe an unprecedented $91 trillion, an amount almost equal to the size of the global economy and one that will ultimately exact a heavy toll on their populations… The International Monetary Fund last week reiterated its warning that “chronic fiscal… Continue Reading…

Business

“Boycotts hit stocks hard. Here’s what might be next for Bud, Target and others caught in the anti-Pride backlash”

“One by one, companies have come under an expanding attack. Anheuser-Busch,Target, Kohl’s and VF Corp.’s North Face brand have all felt the vitriol of this latest push from the right. And the list keeps growing. These companies have been branded as “woke capitalists” — and… Continue Reading…

Economy, Energy

“Why it’s so hard to build new electrical transmission lines in the U.S.”

“…Building new transmission lines in the United States is like herding cats. Unless that process can be fundamentally improved, the nation will have a hard time meeting its climate goals. The transmission system in the U.S. is old, doesn’t go… Continue Reading…

Business

“Self-made millionaire Bethenny Frankel’s top career advice: Focus on ‘working hard’ in your 20s…”

“Self-made millionaire Bethenny Frankel has one word of advice for 20-somethings: Work….Frankel hustled through her own 20s as a production assistant on the TV show “Saved by the Bell,” before starting an event-planning business called In Any Event, which quickly… Continue Reading…

Stocks

“Boston Beer stock tumbles 21% after weak Truly hard seltzer sales weigh on earnings”

“hares of Boston Beer tumbled 21% in premarket trading Friday after disappointing demand for hard seltzer dragged down the company’s quarterly earnings and revenue. The Sam Adams brewer reported earnings of $4.75 per share on net sales of $603 million. Analysts surveyed… Continue Reading…

Predictions, Opinions, & Comments

Managing The Upcoming Economic Downturn: Navigating Hard Times

I’ve said this in previous articles. I don’t think the economy is going to do well for the foreseeable future. I also think it’s going to get a lot worse before it gets better but never fear I have some… Continue Reading…