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Economy

“…8.7% Social Security cost-of-living increase starts in 2023…”

“…“Your Social Security benefits will increase by 8.7% in 2023 because of a rise in cost of living,” the Social Security Administration states in the annual statements it is currently sending to beneficiaries. The 8.7% increase will be the highest in 40… Continue Reading…

Economy

“…Americans look for side hustles to fight inflation”

“Do you feel like you need to take on a second job to keep up with rising prices? If so, you’re not alone. The cost of living rose 8.2% in September, while wages rose just 5.1%. And there are still jobs… Continue Reading…

Banking, Economy

“Fed Starts Experiment of Letting $8.9 Trillion Portfolio Shrink”

“The Federal Reserve is about to start shrinking its $8.9 trillion balance sheet, deploying a second tool along side higher interest rates to curb inflation, though officials don’t know just how effective it will be… After doubling in size through… Continue Reading…

Stocks

“Dow falls 600 points to start the week as omicron continues to spook markets”

“The Dow Jones Industrial Average dropped 600 points, dragged down by losses in Boeing, Goldman Sachs and American Express. The S&P 500 dipped 1.4% and the technology-focused Nasdaq Composite declined 1.3%. The small-cap benchmark Russell 2000 lost 2.2%…” https://www.cnbc.com/2021/12/19/stock-market-futures-open-to-close-news.html People shorting the markets right… Continue Reading…

Business

Grants and Programs: How Start-Up Owners Can Get Support for Their Businesses

Written By Tina Martin Starting a business or growing a young business takes time, effort, and energy. Cash flow is a serious issue for many business owners, especially in the first couple of years when the company is establishing itself.… Continue Reading…

Business, Predictions, Opinions, & Comments

How to Move Past Financial Setbacks and Start a Business

Written By Tina Martin There’s no getting around the fact that suffering financial setbacks is difficult. It’s not fun, and the prospect of overcoming the obstacles set before you can seem daunting if not impossible. But if you have dreams… Continue Reading…

Stocks

“Shares of Indian food delivery start-up Zomato jump over 80% in market debut”

“Shares of Indian food delivery start-up Zomato jumped as high as 82% during its market debut on Friday. The initial public offering price was set at 76 rupees a share and the stock opened 52.63% higher at 116 rupees on… Continue Reading…

Economy

“New $3,000 child tax credit to start payments in July, IRS says”

“The IRS plans to begin sending monthly payments from the new $3,000 child tax credit in July, Commissioner Charles Rettig said Tuesday during a hearing with the Senate Finance Committee. The new and significantly expanded child tax credit was included in the $1.9 trillion… Continue Reading…

Stocks

“Dow touches record to start 2021, then falls more than 400 points “

“Stocks fell on Monday, the first trading day of 2021, following a wild but highly profitable year for investors. The Dow Jones Industrial Average traded 412 points lower, or 1.4%. The S&P 500 dipped 1.1%, and the Nasdaq Composite slid… Continue Reading…

Stocks

“Stock market is at the start of a selloff, says veteran trader Larry Williams”

“You should trust your instincts if you’re nervous because of the wobbly action in the S&P 500 Index SPX, -1.11%,  Nasdaq COMP, -1.07%  and the Dow Jones Industrial Average DJIA, -0.87%  since these indices got slammed in early September. Starting right about now, the stock market will see a… Continue Reading…