January 30, 2023
“Founder Gautam Adani, the richest man in Asia and once second only to Elon Musk, fell out of the world’s top five richest to seventh place on the Bloomberg’s Billionaire Index. His net worth fell $27.9 billion year-to-date, the index… Continue Reading…
October 19, 2022
“Inflation is causing American households to spend $445 more per month buying the same items they did a year ago, according to an estimate from Moody’s Analytics. Consumer prices jumped by 8.2% in September versus the same month in 2021, the U.S.… Continue Reading…
September 19, 2022
“…Homebuilder sentiment in September fell 3 points to 46 in the National Association of Home Builders/Wells Fargo Housing Market Index. Anything below 50 is considered negative… That is the ninth straight month of declines and the lowest level since May… Continue Reading…
June 15, 2022
“Bitcoin tumbled on Wednesday to a new 18-month low, dragging smaller tokens down with it and deepening a market meltdown sparked by crypto lender Celsius this week freezing customer withdrawals. The world’s largest cryptocurrency fell as much as 7.8% to… Continue Reading…
February 10, 2022
“The average U.S. household is spending an additional $250 a month because of inflation that is rising at its fastest rate in 40 years, a new economic analysis showed. The squeeze stems from higher prices across a range of products and… Continue Reading…
December 29, 2021
“Investors increased their bearish bets in the energy sector in the past month, as a decline in crude oil prices led to broad weakness in the sector. Based on the most recent exchange data, the median industry short interest, or… Continue Reading…
November 5, 2021
“The Labor Department’s Bureau of Labor Statistics announced on Friday that 100,450,000 people in this country were not in the labor force in October, up 38,000 from the 100,412,000 in September. This is the 14th straight month that this “not… Continue Reading…
September 22, 2020
“…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…
August 20, 2020
“German researchers are to give a group of people just over £1,000 ($1,307) a month each, in a trial looking at the potential benefits of introducing a wider universal basic income (UBI). The experiment will asses how giving 120 people €1,200 (£1,085)… Continue Reading…
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