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Economy

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

March 2, 2022

“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…

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Energy

“Hydrogen generation could become a $1 trillion per year market, Goldman Sachs says”

February 23, 2022

“Hydrogen has an important role to play in any transition to net-zero and its generation could develop into a market worth over $1 trillion a year, according to Goldman Sachs. “If we want to go to net-zero we can’t do it… Continue Reading…

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Cryptocurrencies

“Crypto collapse erases more than $1 trillion in wealth, forcing a reckoning for everyday investors”

January 26, 2022

“By the end of last year, the value of Hasten Carter’s cryptocurrency holdings had climbed to about $250,000. He moved to a nicer apartment, bought a new truck, and started thinking about pursuing his dream of a full-time career in… Continue Reading…

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Economy

“$1,051,873,000,000: Record Federal Tax Collections Top $1 Trillion in 3 Months”

January 13, 2022

“Total federal tax collections in the first three months of fiscal 2022—October through December—set a record as they topped $1 trillion, hitting $1,051,873,000,000, according to the Monthly Treasury Statement released today. Prior to this year, the most the federal government had… Continue Reading…

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Business

“Burger King parent Restaurant Brands International buys Firehouse Subs for $1 billion”

November 15, 2021

“Burger King parent Restaurant Brands International announced Monday it bought Firehouse Subs for $1 billion. Shares of the restaurant conglomerate rose more than 1% on the news. The stock has fallen 4% this year, giving it a market value of $27.1 billion.… Continue Reading…

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Banking, Economy

“BofA warns of 0% returns over the next 10 years — but here’s the 1 key strategy to fight it”

October 20, 2021

“Are stocks setting up for another decade of monstrous returns? Bank of America doesn’t think so. In fact, the banking giant’s valuation model is forecasting a flat return for the stock market over the next decade. Depressing, right? But here’s… Continue Reading…

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Economy

“US Growth Forecast Slashed By One Percent, and IMF Warns Global Economy Is Not Looking Good”

October 15, 2021

“EDITOR’S NOTE: The global economic recovery from the pandemic is slowing dramatically, and the International Monetary Fund (IMF) just confirmed that by slashing the U.S.’s economic growth forecast. According to CNN, “the IMF on Tuesday slashed its 2021 growth forecast… Continue Reading…

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Business, Economy

“One corner of the auto market is hitting records as used car prices surge”

July 28, 2021

“A global chip shortage has put the squeeze on car production and driven the price of used cars higher. Used car and truck prices rose by more than 45% in June, according to the most recent read on inflation. That looks to have had a… Continue Reading…

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Business

“Amazon Demands One More Thing From Some Vendors: A Piece of Their Company”

June 30, 2021

“Suppliers that want to land Amazon.com Inc. as a client for their goods and services can find that its business comes with a catch: the right for Amazon to buy big stakes in their companies at potentially steep discounts to… Continue Reading…

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Stocks

“One record-breaking stock can rally another 140%, chart suggests”

June 10, 2021

“The S&P 500 came frustratingly close to a record high but failed to cross that hurdle. Still, several stocks have managed to make new highs this week, including ADP, Target, eBay, T-Mobile and Nvidia… “We’ve been in a massive uptrend since 2015. We don’t show resistance until about $,1650. Nvidia… Continue Reading…

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