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Personal Finance

“A recent TransUnion report shows personal loan balances are up 31%…”

August 23, 2022

“According to the Q2 2022 TransUnion Credit Industry Insights Report, total personal loan balances have increased by 31% since last year, reaching a record total of $192 billion…” https://www.cnbc.com/select/how-to-get-lower-interest-rate-as-personal-loan-balances-rise/ Now is not the time for loans. You want to reduce your debt as… Continue Reading…

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Business, Stocks

“Twitter shares jump 3% on reports it could accept Elon Musk’s bid as early as Monday”

April 25, 2022

“Twitter shares jumped more than 3% on reports the company is nearing a deal with Elon Musk that could be announced as soon as Monday. Musk earlier this month offered to buy Twitter for $54.20 a share, or about $43 billion. The social media… Continue Reading…

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Economy

“Despite rising wages, 61% of Americans are still living paycheck to paycheck, report finds”

February 17, 2022

“…At the end of 2021, 61% of the U.S. population was living paycheck to paycheck, down slightly from a high of 65% in 2020, according to a recent LendingClub report. Even among those earning six figures, 42% said they were living… Continue Reading…

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Economy

“10-year Treasury yield tops 2% for the first time since 2019 after hot inflation report”

February 10, 2022

“U.S. Treasury yields climbed on Thursday, with the benchmark 10-year rate breaching the 2% level, after key inflation data showed hotter-than-expected price pressures. The yield on the 10-year Treasury note jumped 6 basis points to hit a session high of 2%, the… Continue Reading…

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Business

“Chip sales are set to grow nearly 10% in 2022 as risks rise, predicts new report”

January 3, 2022

“…Semiconductor sales are expected to grow by another 9% and cross $600 billion for the first time in 2022, the analysts predicted. That’s on top of the 26% growth to $553 billion in 2021, they added. A months-long semiconductor shortage… Continue Reading…

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Personal Finance

“Student debt can make buying a home feel impossible…”

September 17, 2021

“Half of people who haven’t yet purchased a home point to their student debt as a reason for the delay. That’s the finding from a new report by the National Association of Realtors, which partnered with Morning Consult to conduct an online… Continue Reading…

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Banking, Economy

“A key jobs report in the week ahead could drive the next big market move”

August 30, 2021

“…Stocks gained in the past week, surging again to new highs Friday after a speech by Federal Reserve Chairman Jerome Powell. The chairman acknowledged that Fed officials expect to taper back their $120 billion a month bond-buying program this year, a… Continue Reading…

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Economy, Stocks

“S&P 500 hits another record high after better-than-expected June jobs report”

July 2, 2021

“Futures contracts tied to the major U.S. stock indexes rose slightly on Friday as the June jobs report beat expectations, putting Wall Street on track to post a solid week of gains across the board. Contracts tied to the Dow… Continue Reading…

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Economy

“April jobs report: Payrolls rose by 266,000, sharply missing estimates, as unemployment rate increased to 6.1%”

May 7, 2021

“The Labor Department released the April jobs report Friday morning at 8:30 a.m. ET. Here were the main results from the report, compared to consensus data compiled by Bloomberg: Non-farm payrolls, April: +266,000 vs. +1.000 million expected and a revised +770,000… Continue Reading…

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Banking, Business

“Goldman Sachs reports record results that top the Street amid booming investment banking”

April 14, 2021

“Goldman Sachs on Wednesday blew past analysts’ expectations with record first-quarter net profits and revenues on strong performance from the firm’s investment banking and trading businesses. The bank posted per-share earnings of $18.60, crushing the $10.22 estimate of analysts surveyed by… Continue Reading…

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