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Economy

“36% of Americans plan to take on debt for summer travel. Here’s why that worries financial experts”

July 8, 2024

“… …” https://www.cnbc.com/2024/06/29/some-american-plan-to-take-on-debt-for-summer-travel.html This is a bad idea. Now is the time to reduce debt not stack it.

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Stocks

“Why Virgin Galactic Stock Jumped 13% on Monday”

May 17, 2024

“Shares of Virgin Galactic (NYSE: SPCE) stock soared 13.5% through 11:45 a.m. ET Monday, and for a most surprising reason: Investment bank TD Cowen lowered its price target on the space stock to $2 per share this morning. Now why would investors look at this… Continue Reading…

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Economy

“Just 4% of current retirees say they are ‘living the dream,’ survey finds. Here’s why”

May 13, 2024

“Just 4% of today’s retirees said they are “living the dream,” according to a new survey from asset management company Schroders. And just as many — 4% — said they are “living the nightmare.” Most of the respondents fall somewhere in between… Continue Reading…

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Business, Stocks

“Why Coca-Cola Consolidated Stock Skyrocketed Over $1,000 Per Share Today” [May 7th]

May 10, 2024

“…As far as growth goes, Coca-Cola Consolidated doesn’t really have any. Its first-quarter volume was down less than 1% year over year. And with slightly higher prices, its net sales rose 1%. Regarding profitability, there was improvement in the company’s… Continue Reading…

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Economy

“Why the job market has stayed so hot for so long”

May 6, 2024

“When you use a pressure cooker, it can take an annoyingly long time after your dish is done cooking for the pot to cool to the point where you can safely open the lid. And so it is with the U.S. job… Continue Reading…

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Economy

“Why so many men in the US have stopped working”

April 29, 2024

“ America’s men are working at much lower rates than they used to — and the reasons are a mixed bag of positive and negative economic news…” https://www.msn.com/en-us/money/careersandeducation/ar-AA1nO1oI The two main reasons why less men are working are not covered in this… Continue Reading…

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Economy

“A tax mystery: Why are fewer people getting refunds?”

April 18, 2024

“If it seems like you’re not getting a tax refund like you used to, you’re not alone. The share of taxpayers who get money back at tax time is slowly and, a little mysteriously, shrinking. At the same time, the… Continue Reading…

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Precious Metals

“Why Are Gold Bar Sales Surging at Costco?”

April 12, 2024

“Alongside its $1.50 hot dog and soda combo, gallon tubs of mayonnaise and value packs of socks, Costco, the warehouse retailer, has been selling gold bars since October. Now, retail analysts say Costco is selling up to $200 million worth… Continue Reading…

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Business

“Why stream… [services] are shrinking their content libraries”

April 3, 2024

“…Looming talks of platform bundles come as major streamers push ad-supported plans, limit password sharing and lean into live sports coverage. The goal of exponential subscriber growth, fueled by pandemic lockdowns, has shifted. Wall Street wants profits…. Last year many… Continue Reading…

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Business, Economy

“Credit card late fees will soon be capped at $8—why you should aim to pay on time anyway”

March 8, 2024

“…On Tuesday, the Consumer Financial Protection Bureau finalized a rule that will cap credit card late fees at $8. Currently, card users are typically hit with a $32 fee for late payments, according to the agency… The rule is expected to go… Continue Reading…

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