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Economy, Energy

[Bad Idea] “Walmart will add thousands of EV charging stations to stores by 2030”

“Walmart announced Thursday it plans to add electric vehicle charging stations to thousands of U.S. stores by 2030. The company announced it would expand its EV fast-charging network to Walmart and Sam’s Club locations across the country, adding to the… Continue Reading…

Economy

“40% of households will pay no federal income tax this year…”

“…Some 72.5 million households or 40% of households will pay no federal income tax this year, down from the pre-pandemic high of 60% two years ago, according to new estimates from the Tax Policy Center. In 2021, nearly 56% of… Continue Reading…

Economy

“Who Will It Hurt The Most When Unemployment Rises?”

“EDITOR’S NOTE: The Federal Reserve has made it clear that reining-in inflation is its number one priority. One likely consequence is that corporate hiring will freeze, layoffs will commence, and jobs will be lost. As unemployment rises, the distribution of… Continue Reading…

Economy, Real Estate

“Home Prices Around the World Will Drop Soon, Economist Says. What to Expect”

“Home prices in nations such as Canada, Australia, and the U.S. are on the verge of a decline, Capital Economics’ chief economist writes. But not every country can expect price drops of the same magnitude. Rising rates aren’t weighing on… Continue Reading…

Banking, Economy

“What Will Happen If The U.S. Defaults On The National Debt”

“EDITOR’S NOTE: It’s a good thing that in most cases, there’s no legal obligation for children to pay their parents’ debts. Unless we’re dealing with an estate, individual debts typically pass with the debtor. But imagine for a moment that this… Continue Reading…

Energy

“Oil Traders Bet Prices Will Pass $200 a Barrel This Month”

“Traders piled into options that oil could surge even further after rising to the highest since 2008, with some even placing low-cost bets that futures surpass $200 before the end of March… Prices to buy call options at higher prices… Continue Reading…

Economy

“The Coming Financial Crisis Will Be Worse Than 2008”

“EDITOR’S NOTE: Gains, Pains & Capital writes that we are headed for a worse financial crisis than 2008. While the piece provides plenty of worrying numbers and trends to back this assertion up, their main point is, “Put simply, the… Continue Reading…

Stocks

“3 Stocks Top Analysts Say Will Soar in 2021”

“LendingTree, Inc. (TREE)… LendingTree has a unanimous Strong Buy analyst consensus rating, based on 6 Buy reviews set in recent week. The stock’s average price target, $362, implies it has room for 39% growth from the current share price of $260.09…… Continue Reading…

Economy, Stocks

“Stocks rise on hope of economy reopening”

“The Dow Jones Industrial Average climbed 230 points, putting the blue-chip average on track for five consecutive days of gains. The Standard & Poor’s 500 rose 1%, on pace for its first three-day winning streak in a month. Both averages… Continue Reading…