Money
Most Americans say the economy’s bad but are satisfied with their salary
"Can you be generally happy with your personal financial position and still think the economy is going in the tank? For a broad section of Americans, apparently so," Quinnipiac University polling analyst Tim Malloy said in a press release. The results of a recent poll conducted by...
Mid-July’s Inflation numbers: What they mean to you
The latest inflation numbers indicate that while inflation is still higher than desired, it has reached its lowest rate in two years. Wednesday’s Consumer Price Index (CPI) report shows that overall CPI increased by 0.2 percent in June compared to May, and by 3 percent compared...
Russia’s economy: Here’s how it’s taking a colossal beating
Russia's economy has been facing a series of challenges that have caused significant turmoil in its key sectors. From plummeting car sales to a weakening ruble, the signs of economic distress in Moscow are hard to ignore. Russia's Growing Economic Woes Over the past few years,...
Elon Musk: Twitter is in the red due to ad revenue declines, ‘heavy debt’
Elon Musk, CEO of Tesla and SpaceX, who is also the CTO and executive chairman of Twitter, recently commented on the negative cash flow at Twitter. He stated that the company is facing a significant drop in advertising revenue, combined with heavy debt, which is causing...
Economy: Despite surging job numbers, most unhappy with conditions
In a recent national survey conducted by Fox News, it was found that a majority of voters in the country are dissatisfied with the current state of affairs and hold negative views about the economic conditions. The survey highlights the concerns and sentiments of the voters,...
Disturbing: Nasty man falsely accuses 9-year-old girl of being trans at school sports event
KELOWNA, CANADA - In a shocking incident at a track and field event, a 9-year-old girl was subjected to harassment and discriminatory remarks by a man who questioned her gender identity. The incident occurred during a shot-put final, where the young girl was about to compete....
Low-wage jobs: Why companies advertise fake openings and ignore strong applicants for real positions
In an article on DailyDot, TikTok user Sam (@ininafere) complained about an apparent fake job listing on Indeed.com. She noticed an opening for a server at her local Chili's and had hoped to apply for the position. However, and much to her dismay, it didn't exist....
The vast majority won’t own a car in the near future?
Imagine paying $100 per month for all of your on-demand transportation needs. Thinking about getting a new car? If your current car(s) can last another several years you might want to reconsider. "Over 10 years, you're going to need just one EV (Electric Vehicle) for 10...
An airport SELF-checkout prompts customers for tips
Seriously?!?! It appears that regardless of the location, whenever there is a point of sale (POS) system for transactions, customers are often presented with a prompt asking if they would like to leave a tip or gratuity for their purchase. This has sparked numerous debates on...
The Real Reasons Stores Such as Walmart and Starbucks are Closing in Big Cities
In recent years, major retail chains like Walmart, Starbucks, Nordstrom, Whole Foods, and CVS have been closing stores in major US cities, sparking concerns about the future of retail in prominent downtown areas. To reinvent downtown retail, it is imperative to embrace significant changes and create...
Stimulus checks, vaccines, and more: You’ve experienced the fastest economic revival in 30 years
The number of people in their prime-age bracket who are employed has exceeded its previous highest point prior to the pandemic. With the most recent US labor market stats, a remarkable development has been noticed - the percentage of 25-54-year-olds in employment is exceeding even pre-pandemic...
Poll: U.S. housing market pessimism grows
The U.S. housing market has experienced a significant decline in optimism, with fewer Americans than ever before perceiving it as a good time to buy a house. Gallup's annual Economy and Personal Finance poll reveal that only 21% of U.S. adults believe it is currently favorable...
Family of 3 in a big city: How far does 100K in income go?
Earning a six-figure income has traditionally been associated with financial stability and success in the United States. However, a recent study by Lending Tree highlights the challenges faced by families with a yearly income of $100,000, particularly in California. The study examined the purchasing power of...
Gen Zers (folks 13-25) poll: Do they think they’ll be better off financially than their parents?
At a time when the world is facing unprecedented challenges such as the COVID-19 pandemic and an economically unstable environment, the younger generation remains hopeful and optimistic about their future financial prospects. Contrary to what the older generation might think, a recent survey by Morning Consult...
‘ChatGPT does most of my job’ — How AI is enabling savvy people to work 2 and 3 jobs
In today's world, a new class of workers who are overburdened with their workload has been created. To ease the burden, they are now turning to AI-based language models like ChatGPT to do various job-related tasks. "ChatGPT does like 80% of my job," stated one worker...
The new job numbers: Why it’s good news for workers
Last Friday, the Bureau of Labor Statistics reported that the economy had obtained 236,000 new jobs in March which is lower than in prior months but still a good indication of growth in the labor market. Even with large-scale layoffs in certain sectors, the general labor market...
Why Student Debt Cancellation Is Reasonable, Not Radical
The right has narrowed the parameters of discussion on student debt forgiveness, and President Biden is not fighting back aggressively enough. We should, in fact, center the idea of fairness in this debate. The right has narrowed the parameters of discussion on student debt forgiveness, and...
Credit scores can drop if you check them too often, but…
Can your credit scores drop if you check them too much? Researchers found that it all depends on the state of your credit and finances. According to a new study, people with declining credit can expect to lose a few points if they check their scores...
Top 10 wealthiest people at the start of 2023
Forbes recently published its real-time list of the 10 richest people in the world as of January 1, 2023, according to those individuals' presumed financial worth. Bernard Arnault (France) - $181.6 billion from LVMHElon Musk (U.S.) - $146.5 billion from Tesla and SpaceXGuatam Adani (India) - $126.1...
Memorial Day gas prices hit another record
Per CNN, millions of Americans traveling this holiday weekend are being greeted by unprecedented prices at the gas pump. The national average for regular gasoline rose to a fresh record of $4.62 a gallon on Monday, according to AAA. That's up by a penny from Sunday...