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Economy

“36% of Americans plan to take on debt for summer travel. Here’s why that worries financial experts”

“… …” https://www.cnbc.com/2024/06/29/some-american-plan-to-take-on-debt-for-summer-travel.html This is a bad idea. Now is the time to reduce debt not stack it.

Stocks

“Don’t Sit On Losses: How This Simple Rule Spared Investors From Meta’s 77% Crash”

“Sitting on losses is never a good strategy because those losses can pile very quickly. Even strong stocks can dive and give up all gains from a buy point in a single session. That is why watching for sell signals… Continue Reading…

Economy

“California Businesses Take On Gavin Newsom Over Tax Hikes”

“A coalition of California companies is going to war with Gov. Gavin Newsom and his Democratic allies over taxes it says have grown out of control in the Golden State. The businesses have gathered enough signatures to put a measure on November’s… Continue Reading…

Business, Economy

“Credit card late fees will soon be capped at $8—why you should aim to pay on time anyway”

“…On Tuesday, the Consumer Financial Protection Bureau finalized a rule that will cap credit card late fees at $8. Currently, card users are typically hit with a $32 fee for late payments, according to the agency… The rule is expected to go… Continue Reading…

Economy, Energy

Attack On Energy Sector: “Biden administration pauses new liquified natural gas development”

“…LNG is an important fuel source, particularly in Europe. Much of the gas comes from the Texas oil fields. It’s piped to terminals along the Gulf Coast, where it’s liquified and loaded into large ships. Late last week, however, the Biden… Continue Reading…

Business

“Anti-trans backlash against Bud Light has executives on the hot seat. What’s going on?”

“On Friday, Anheuser-Busch InBev, the parent company of Bud Light, placed two of its marketing executives on leave after public outcry from conservative corners over the beer brand’s partnership with a transgender influencer. The move follows weeks of controversy, including… Continue Reading…

Personal Finance

“74% say they can’t count on Social Security when planning for retirement…”

“Almost three-quarters, 74%, of people say they cannot count on Social Security benefits when it comes to the money they will have in retirement, according to a new survey from Allianz Life Insurance Company of North America….” https://www.cnbc.com/2023/04/15/74percent-say-they-cant-count-on-social-security-benefits-what-not-to-do.html Well if… Continue Reading…

Precious Metals

“The World Is On The Verge of A Significant Silver Supply Shortage”

“EDITOR’S NOTE: According to the silver institute, last year’s silver market already saw a multi-year shortage in supply and production. With industrial and retail demand estimated to increase by a record 18% from last year, the current silver deficit is expected to jump by 400%. We’re… Continue Reading…

Business, Real Estate

“Michigan State Walk-On Becomes Billionaire by Making Mortgages”

“Mat Ishbia, a former college basketball player who’s now the chief executive officer of United Wholesale Mortgage, is set to become a billionaire after the lender his father founded said it would go public in a deal that values the… Continue Reading…