Personal Finance

“Consumer complaints up 31% since 2018 about collection attempts for medical debt not actually owed, federal watchdog finds”

“For some consumers, medical debt they don’t even owe appears to ends up haunting them anyway. Complaints jumped 31% from 2018 to 2021 about debt collectors attempting to get consumers to fork over amounts that already were paid or otherwise… Continue Reading…

Economy

“52% of women, ages 50 and up, say the economy isn’t working well for them…”

“…they’re not happy with the economy, according to new research from AARP in partnership with pollsters Celinda Lake, Christine Matthews, Kristen Soltis Anderson and Margie Omero. Their recent poll found 52% of women in this age cohort say the economy… Continue Reading…

Economy

“Fed’s favorite inflation gauge up 5.2% for biggest annual gain since 1983”

“…The core personal consumption expenditures price index, the Federal Reserve’s primary inflation gauge, rose 5.2% from a year ago, slightly more than the 5.1% Dow Jones estimate. It was the highest level since April 1983. Including food and energy prices,… Continue Reading…

Economy

“Debt Up $2 Trillion in 1 Year of Biden”

“When President Joe Biden was sworn in on Jan. 20, 2021, the federal government’s debt stood at $27,751,896,236,414.77. When his first year in office ended on Jan. 20, 2022, it stood at $29,867,021,509,573.92. That means that during Biden’s first 12… Continue Reading…

Economy

“As energy prices rise, your heating bill is likely to jump by as much as 69%: Here’s what to expect”

“…Consumers who use natural gas as their primary heating fuel, about 47%  of U.S. households, can expect to spend 30% more this winter as they did last year, according to government estimates. The estimated average bill of $746 factors in… Continue Reading…

Economy

“Jobless claims: Another 268,000 individuals filed new unemployment claims last week”

“…The Labor Department released its jobless claims report Thursday. Here were the main metrics from the print, compared to consensus estimates compiled by Bloomberg: Initial unemployment claims, week ended November 13: 268,000 vs. 260,000 expected and an upwardly revised 269,000 during prior week … Continue Reading…

Stocks

“Fast-Growing Stocks: Nvidia, GOOGL Stock Among 17 Names Expecting Up To 776% Growth In Q3”

“Q3 Earnings: Best Growth Stocks To Watch Screen generated in MarketSmith | Data as of 9/21/21 Company Symbol EPS Est Cur Qtr % Comp Rating EPS Rating RS Rating SMR Rating Steel Dynamics Inc STLD 776 98 95 90 A Kulicke &… 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…

Stocks

“Market rally picks up steam with the Dow jumping 550 points”

“The Dow Jones Industrial Average rose 550 points, while the S&P 500 jumped 1.5% as all 11 sectors traded in the green. The tech-heavy Nasdaq Composite also popped 1.5% as Apple and Microsoft both rebounded more than 2%. Alphabet and… Continue Reading…

Economy

“Lumber prices are up 232% and ‘could spiral out of control in the next few months’”

“Last week the price per thousand board feet of lumber soared to an all-time high of $1,188, according to Random Lengths. Since the onset of the pandemic, lumber has shot up a whopping 232%. Home builders and DIYers don’t want… Continue Reading…