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Economy

“Addiction to debt has left the global economy one shock away from disaster”

May 10, 2024

https://finance.yahoo.com/news/addiction-debt-left-global-economy-120000094.html This article is more of an opinion piece without much hard data so I’ll just comment on the headline instead of quoting the article. This economy is going down. Everyone can see it. Everyone knows it. It’s only a… Continue Reading…

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Economy

“1 in 4 Americans fear losing their job this year — what’s causing it?”

May 3, 2024

“…The new survey of 2,000 employed adults examined how workers see themselves in their current roles, finding that many believe they’ll receive a pink slip sooner rather than later. Their concerns stem from distress about the job market (25%) and knowing… Continue Reading…

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Economy

“29% of households… ‘one emergency from poverty,’ one expert says”

April 30, 2024

“Over time, higher costs [Inflation] and sluggish wage growth have left more Americans financially vulnerable, with many known as “ALICEs.” Nearly 40 million families, or 29% of the population, fall in the category of ALICE — Asset Limited, Income Constrained, Employed — according to United… Continue Reading…

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Cryptocurrencies

“1 Unstoppable Cryptocurrency [Bitcoin] With 5,300% Upside by 2030, According to Cathie Wood”

April 2, 2024

“…Ark is extremely bullish on the world’s largest cryptocurrency, Bitcoin (CRYPTO: BTC). The firm’s official research implies the coin could deliver a gain of 2,000% by 2030, but Wood herself just came out with a new price target that points to a… Continue Reading…

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Stocks

“The stock market is seeing one of the strongest 1st quarters of the postwar era…”

March 29, 2024

“It’s the final week of the first quarter and the S&P 500 is on track for a price gain of nearly 10% — and has rallied nearly 30% off its Oct. 27 closing low — leaving investors to ponder just… Continue Reading…

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Business

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

March 27, 2024

“…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…

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Real Estate

[Real Estate: Dollar Tree] …Is Closing 1,000 Locations. Should Investors Be Worried?”

March 26, 2024

“One of the most lucrative sources of dividend income is real estate investment trusts (REIT). Realty Income (NYSE: O) is a retail REIT that leases space to brick-and-mortar stores… Dollar Tree is Realty Income’s third-largest tenant, and the cost-conscious retailer announced last week that… Continue Reading…

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Stocks

“Chipotle Announces 50-for-1 Stock Split. Here’s What Investors Need to Know.”

March 25, 2024

“…Over the past year, Chipotle stock has gained an impressive 74%, but that’s just the beginning. For those lucky enough to get in on its IPO in early 2006, the stock has soared from $22 to roughly $2,798, a mind-boggling… Continue Reading…

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Stocks

“1  Unstoppable Stock That Could Join Nvidia, Apple, Microsoft, Amazon, Alphabet, and Meta in the $1 Trillion Club”

March 21, 2024

“…AI could soon propel Oracle (NYSE: ORCL) to a $1 trillion valuation, too. It operates industry-leading AI data center infrastructure, and the company is building capacity at a record pace because it simply can’t keep up with demand. As of this writing, Oracle… Continue Reading…

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Banking, Business

“NYCB says it lost 7% of deposits in the past month, slashes dividend to 1 cent”

March 11, 2024

“New York Community Bank said Thursday it lost 7% of its deposits in the turbulent month before announcing a $1 billion-plus capital injection from investors led by former Treasury Secretary Steven Mnuchin’s Liberty Strategic Capital. The bank had $77.2 billion in deposits as… Continue Reading…

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