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Business

“Is Your Income Higher Than The Average Middle-Class Household? Here’s What They’re Earning”

“According to Pew Research, the median income for middle-class households reached $106,100 in 2022. That’s a 60% jump from the $66,400 median income in 1970. While that sounds impressive, it’s worth noting that upper-income households saw an even larger increase of 78%,… Continue Reading…

Precious Metals

“Gold hovers near record highs. Here’s where analysts say it’s headed next.”

“…Gold futures climbed to trade just above $2,600 after touching fresh records in the prior session immediately after the Federal Reserve announced a 50 basis point rate reduction… “By cutting rates more than expected, the Fed is indirectly opening the door to… Continue Reading…

Business, Stocks

“Chipotle Is Down 25% After Losing Its CEO: …”

“A big shake-up just hit Chipotle Mexican Grill (NYSE: CMG). Longtime chief executive officer (CEO) Brian Niccol just announced a surprising departure to Starbucks. Niccol has been instrumental in delivering a turnaround for Chipotle after its foodborne illness outbreaks, leading the stock to… Continue Reading…

Business

“Nearly 10 billion passwords leaked in what may be biggest dataset of its kind ever”

“A file containing about 10 billion individual passwords was posted on an online hacking forum in what could be the largest such compilation of leaked passwords ever. The file was posted on July 4, and contains passwords compromised in both… Continue Reading…

Economy

“1 in 4 Americans fear losing their job this year — what’s causing it?”

“…The new survey of 2,000 employed adults examined how workers see themselves in their current roles, finding that many believe they’ll receive a pink slip sooner rather than later. Their concerns stem from distress about the job market (25%) and knowing… Continue Reading…

Economy, Predictions, Opinions, & Comments

“Are Stocks Going to Crash if Joe Biden Wins and Democrats Control Congress? Here’s What History Says About Stock Market Returns When Democrats Win.”

https://finance.yahoo.com/news/stocks-going-crash-joe-biden-090600124.html This article is garbage so I’ll just comment on the headline. This is my opinion on whats going to happen. The market is going to crash either way but outcomes will be different depending on who’s President. Under Biden… Continue Reading…

Stocks

“Chipotle Announces 50-for-1 Stock Split. Here’s What Investors Need to Know.”

“…Over the past year, Chipotle stock has gained an impressive 74%, but that’s just the beginning. For those lucky enough to get in on its IPO in early 2006, the stock has soared from $22 to roughly $2,798, a mind-boggling… Continue Reading…

Business

“SEC adopts landmark climate rule — here’s what that means for public companies”

“For the first time, US public companies will be required to tell investors about their exposure to climate risks and greenhouse gas emissions. On Wednesday, the Securities and Exchange Commission approved requiring US-listed companies to communicate how they are managing material risks… Continue Reading…

Business

“Why Macy’s rejected its $5.8 billion buyout bid — and what’s next”

“…The once darling department store faces an uncertain future after it rejected a $5.8 billion buyout offer from one of its shareholders, Arkhouse, and its partner Brigade Capital Management, on Sunday. Macy’s cited financing issues as a reason for the… Continue Reading…

Cryptocurrencies, Stocks

“The SEC just approved spot bitcoin ETFs. Here’s what investors should know.”

“…ETFs are pooled investments, like a mutual fund, but that trade on stock exchanges like a stock or bond and that track a specific index, sector or asset class. A spot bitcoin ETF allows investors to gain direct exposure to… Continue Reading…