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Business

“Salt water is making electric cars blow up after Hurricane Helene”

“…Salt water exposure can damage the battery components in electric vehicles, potentially leading to dangerous chemical reactions that could cause the vehicle to catch fire. Residents who may have left electric vehicles behind when they evacuated from affected areas are… Continue Reading…

Business

“Trump’s Net Worth Hits $6.5 Billion, Making Him One of World’s 500 Richest People”

“…his social media company Trump Media & Technology Group wrapped up a 29-month-long merger process, meaning shares worth billions of dollars on paper are now officially Trump’s. All told, his net worth increased by more than $4 billion. That means… Continue Reading…

Economy

“China’s Boom Is Over—Beijing Is Making It Worse”

“China’s fundamental challenges—including weak demographics and heavy debts—are indeed tough. But it is also clear that much of what is plaguing China amounts to a nasty cyclical downturn exacerbated by Beijing’s poor policy choices. Tuesday’s big speech by Premier Li Qiang to… Continue Reading…

Business

“$1 billion lottery jackpots are more common than ever—and it’s actually making them harder to win”

“…The jackpot for Saturday night’s Powerball drawing has surged to $1.5 billion, the second billion-dollar jackpot of 2022, after no players claimed the top prize in Wednesday’s drawing. It’s the fifth time a U.S. lottery prize has reached 10 digits since 2016, when the… Continue Reading…

Economy, Personal Finance

“One-Third of Americans Making $250,000 Live Paycheck-to-Paycheck, Survey Finds”

“More than a third of Americans earning at least $250,000 annually say they are living paycheck to paycheck, underscoring how inflation is taking a bigger bite out of Americans’ budgets at all ends of the pay spectrum. Some 36% of… Continue Reading…

Economy

“72% of six-figure earners are men, while 57% of workers making under $25,000 are women, survey finds”

“Many Americans agree it now takes a six-figure salary — at least — to get by amid today’s rising prices and economic uncertainty. Yet, 72% of six-figure earners are men, according to a recent report by MagnifyMoney that’s based on an analysis… Continue Reading…

Economy

“50% of working Americans say they live paycheck to paycheck, including 31% of those making $100,000 or more”

“t may be a moment of great opportunity for those seeking work, but many of those currently working are still struggling. Half of working Americans say they’re living paycheck to paycheck, according to a January MagnifyMoney survey. That includes 76% of those making less… Continue Reading…

Personal Finance

“How making $300,000 in San Francisco can still mean you’re living paycheck-to-paycheck”

“With the median price of a home in the U.S. at $300,000, you can can achieve homeownership and the idealized middle-class lifestyle in most parts of the country making a salary just under or above six figures. In San Francisco’s… Continue Reading…

Stocks

“Stocks making the biggest moves midday: Nomura, ViacomCBS, Boeing and more”

“Boeing – Shares of the aircraft maker gained more than 2%, becoming the biggest outperformer in the Dow Jones Industrial Average in midday trading. The advance came after news that Southwest Airlines had added 100 orders for the airliner’s 737 Max jet.… Continue Reading…