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Economy

“Payrolls increased 372,000 in June, more than expected, as jobs market defies recession fears”

July 8, 2022

“Job growth accelerated at a much faster pace than expected in June, indicating that the main pillar of the U.S. economy remains strong despite pockets of weakness. Nonfarm payrolls increased 372,000 in the month, better than the 250,000 Dow Jones… Continue Reading…

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Economy

“The job market is still ‘red hot’ despite recession fears, as the Great Resignation continues”

July 7, 2022

“Workers are still reaping the benefits of a hot labor market characterized by few layoffs, ample job openings and a high level of voluntary departures, according to U.S. Department of Labor data issued Wednesday. The numbers reveal that the pandemic-era trend… Continue Reading…

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Cryptocurrencies

“Another crypto lender Vauld pauses withdrawals as market crash takes its toll”

July 5, 2022

“Crypto lender Vauld on Monday paused all withdrawals, trading and deposits on its platform and is exploring potential restructuring options, the company said. Vauld CEO Darshan Bathija said in a blog post on Monday that the company is facing “financial challenges” due… Continue Reading…

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Economy, Real Estate

“Millions Of Americans Pushed Out of The Housing Market Thanks To Skyrocketing Prices”

June 30, 2022

“EDITOR’S NOTE: The prices of homes are beginning to decline as recent economic data shows that home sales are generally weakening across the country (despite a slight rise in today’s data, most likely due to a short-term relief in mortgage… Continue Reading…

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Real Estate

“The world’s bubbliest housing markets are flashing warning signs”

June 23, 2022

“As central banks around the globe rapidly increase interest rates, soaring borrowing costs mean people who were already stretching to buy property are finally reaching their limits. The effects are being seen in countries such as Canada, the United States… Continue Reading…

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Stocks

“Dow jumps 400 points as markets rebound from a brutal week”

June 21, 2022

“…The Dow Jones Industrial Average jumped 424 points, or 1.4%. The S&P 500 climbed 1.9%, and the Nasdaq Composite popped 2.3%. U.S. stock markets were closed Monday for Juneteenth. Those moves follow last week’s declines that saw the S&P 500… Continue Reading…

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Economy, Stocks

“Dow falls 600 points, tumbling below 30,000 to the lowest level in more than a year”

June 16, 2022

“The Dow Jones Industrial Average tumbled below the key 30,000 level on Thursday as investors worried the Federal Reserve’s more aggressive approach toward inflation would bring the economy into a recession. The Dow had rallied on Wednesday after the Fed… Continue Reading…

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Economy, Personal Finance

“For Americans behind on saving for retirement, a bad stock market can be a good time to invest more”

June 6, 2022

“Small business owners are among the Americans most likely to fall behind on saving for retirement. Investing back into a business is more often a priority for entrepreneurs with any excess cash than investing in a long-term tax-deferred retirement plan.… Continue Reading…

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Stocks

“Stock market news… Stocks advance as market attempts rebound from sell-off”

May 26, 2022

“…The S&P 500 climbed as much as 1.3% in early trading, and the Dow Jones Industrial Average gained over 400 points, or 1.2%. The Nasdaq Composite rose 1.3% higher as the index attempts to claw its way out of bear… Continue Reading…

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Investing

“Nearly 40% of investors who pulled money out of markets in the last year regret it”

May 17, 2022

“Many investors who pulled money out of the stock market in the last year now regret their decision. Some 38% of investors said they sold stocks last year due to a current event, according to a study from MagnifyMoney. Of that group,… Continue Reading…

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