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Economy

“How manufacturing chips in the US could make smartphones more expensive”

“But analysts say one catch is that shifting manufacturing to the U.S. will raise the price of chipmaking — and, perhaps, the prices of popular devices that use chips, like smartphones and game consoles…. “The major reason for the cost… Continue Reading…

Economy

“The hidden price of eggs: How high costs may trickle into other foods”

“Consumers are paying record prices for eggs. Beyond the sticker price for a dozen eggs, there’s also a hidden expense to the soaring costs. Elevated egg prices are trickling into food items across the grocery store — namely those in… Continue Reading…

Personal Finance

“Lack of financial literacy cost 15% of adults at least $10,000 in 2022. Here’s how the rest fared”

“A report from the National Financial Educators Council shows that 38% of individuals in a recent survey said their lack of financial literacy cost them at least $500 in 2022, including 15% who said it set them back by $10,000… Continue Reading…

Economy

“Cathie Wood Has Bet Big On These 10 Stocks; Here’s How They’re Performing”

“Cathie Wood, CEO and founder of Ark Invest, says she invests on a five-year time horizon, betting big on speculative growth names such as Tesla (TSLA), Roku (ROKU), Zoom Video Communications (ZM) and Shopify (SHOP). But in 2022 at least, Ark’s 10 biggest holdings are down sharply. 0… Continue Reading…

Business, Economy

“How ‘quiet quitting’ became the next phase of the Great Resignation”

“The trend of employees choosing to not go above and beyond their jobs in ways that include refusing to answer emails during evenings or weekends, or skipping extra assignments that fall outside their core duties, is catching on, especially among… Continue Reading…

Economy

“50% of employers expect job cuts, survey finds. Here’s how to prepare for a potential layoff”

“…Best Buy, Ford Motor, HBO Max, Peloton, Shopify, Re/Max, Walmart and Wayfair are among the firms that announced layoffs in recent weeks. Meanwhile, 50% of firms are anticipating a reduction in overall headcount, while 52% foresee instituting a hiring freeze and 44% rescinding job offers, according to a PwC survey of… Continue Reading…

Personal Finance

“Here’s how America’s millionaires are positioning themselves for a recession ⁠— if you’re doing something different, you might want to think twice”

“…1. Mostly nothing — for now Sometimes the hardest thing to do is nothing. But when the market bottoms out, knee-jerk reactions like immediately selling off investments are often the worst thing you can do… 2. Mixing it up when… Continue Reading…

Energy

“How sanctions on Russian energy exports could work”

“…The ideal goal would be to lower Russian revenues while minimising the impact on oil flows. Two solutions could achieve this. The first one would be for the EU to impose price caps on Russian crude and oil products that… Continue Reading…

Economy, Energy

“How Rising Gas Prices Drive Everyday Costs Beyond The Pump”

“EDITOR’S NOTE: It almost goes without saying that rising fuel costs will likely drive up the cost of anything that relies on transportation. As much of a no-brainer as this seems, many people are still not making the connection. If a… Continue Reading…

Predictions, Opinions, & Comments

[Recap] Navigating Disaster: What To Do, How To Survive & How To Thrive In This Economy

Some people may not have noticed the important of some of the things I said in previous articles. Sometimes I say things casually without stressing the importance of it. This article what you’re reading right now is extremely important. Here’s… Continue Reading…