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Economy

“U.S. Economy Will Be in Trouble If Boomers Don’t Come Back to Work”

“Older workers have been one of the reasons job growth has remained so robust during the past few years. From the end of 2016 through February, employment among people between the ages of 25 and 54 increased by 3 million. For workers… Continue Reading…

Predictions, Opinions, & Comments

Milestone Reached: 1K Subscribers

I want to give a shout out to all my followers. Thank you. If you like this site spread the link: Raxxmorz.com. You want more content? Spread the link. You want more valuable information? Please ask questions. For those of… Continue Reading…

Economy

“World’s richest 2,000 people hold more than poorest 4.6 billion combined: Oxfam”

“The world’s richest 2,153 people controlled more money than the poorest 4.6 billion combined in 2019, while unpaid or underpaid work by women and girls adds three times more to the global economy each year than the technology industry, Oxfam… Continue Reading…

Banking, Economy, Personal Finance

“Angry savers emailed Janet Yellen: We’re getting crushed by low rates”

“Rock-bottom interest rates have pumped up stock prices, knocked down mortgage rates and supported the creation of countless unicorns in Silicon Valley. Savers, on the other hand, have been crushed by near-zero rates.Some of those savers penalized by the Federal Reserve’s… Continue Reading…

Banking, Economy

“More borrowers are going underwater on car loans”

“Consumers, salespeople and lenders are treating cars a lot like houses during the last financial crisis: by piling on debt to such a degree that it often exceeds the car’s value. This phenomenon—referred to as negative equity, or being underwater—can… Continue Reading…

Economy, Personal Finance

“It’s Not Just Millennials — Gen Z Is Dealing With A Lot Of Debt Now Too”

“Millennials carry an average of $27,900 in debt, not including mortgages, according to new data released today by Northwestern Mutual. Gen Z, the oldest of whom are now 22 years old, have an average debt of $14,700. Having sizable debt at… Continue Reading…

Economy

“Amazon is hiring 30,000 workers…”

“Amazon is looking to fill 30,000 jobs and, to help accomplish that goal, it plans to host career days in six cities across the US next week. The open spots span a variety of skill and experience levels, from entry-level… Continue Reading…

Personal Finance

“7 things people who are good with money never buy”

“They’re not buying brand-new cars… And they’re not leasing a new car constantly, either…They won’t buy houses they can’t afford…They’re not buying things on credit that they can’t pay for…They’re not buying luxury goods from brand-name designers…And they’re less likely… Continue Reading…

Personal Finance

“Self-made millionaire: 5 money mistakes young people make…”

” 1. Using credit for things that don’t create income 2. Comparing how much you have with others 4. Seeking comfort instead of freedom …If you’re just seeking comfort, you’re probably never going to achieve financial freedom. Comfort gives you… Continue Reading…

Economy

“Central Florida cities among fastest growing in US”

“Metro Orlando grew by 60,000 residents last year, almost as large as the number of people who can fit into the city’s Camping World Stadium, where college football bowl teams face off each winter. The Tampa area grew last year… Continue Reading…