Stealing COVID aid

Billions in pandemic relief dollars were wasted or pocketed by scammers. How did that happen? Here's everything you need to know: Was COVID relief successful?  In many ways, yes. It helped prevent...

Why GOP candidate says it's time to pull plug on high speed rail project

In 2008, Californians voted to fund a high-speed rail project that promised to whisk passengers from Los Angeles to San Francisco in just under three hours. The project was estimated to cost...

What Happens If The Fed Doesn't Capitulate On Interest Rates?

What Happens If The Fed Doesn't Capitulate On Interest Rates? In the past stock markets used to rely on the innovation and profit reports of individual companies, and while there were...

Wall Street Wins Again

Wall Street Wins Again – SPAC Edition Authored by Lance Roberts via RealInvestmen tAdvice.com, As expected, Wall Street wins again. In 2020 and 2021, retail investors were chasing...

Young Americans are sticking close to their hometowns

If this young adult is like 58 percent of her peers, she’ll stay within 10 miles of where she lived at 16. | Getty Images/Maskot 80 percent of young adults still live within 100 miles of...

Tverberg: Why Raising Rates To Reduce Inflation May Work Out Very Badly

Tverberg: Why Raising Rates To Reduce Inflation May Work Out Very Badly Authored by Gail Tverberg via Our Finite World blog, Are we headed for very high energy prices? Or, are we...

California OKs 'baby bonds' to help combat child poverty

SACRAMENTO, Calif. (AP) — Parenting — that long chain of decisions that hopefully leads to a well-rounded adult — was always a little less stressful for Laura Guerra because her husband, Rigo, was...

July 13th will be the bottom’: Here’s why Jim Cramer believes that the market will soon bounce and have a ‘strong...

The S&P 500 posted its worst first-half performance since 1970. Many investors are wondering whether the downtrend would continue for the remainder of the year. Cramer also uses analysis from...

What to expect from a recession 'everyone' sees coming: Morning Brief

It seems like "everybody" these days is saying we’re going into recession. So: are they right? What even is the economy? Ask this question enough ways and we're quickly into late-night dorm...

Sell The Bear-Market Bounce

JP Morgan's Jamie Dimon said the US economy remains strong despite gathering storm clouds. Bear market bounces are violent yet short-lived. This was indicative of the typical vapid speech of the...

This couple bought and renovated a 109-year-old mansion for less than $500,000. Now it's worth $900,000

The Page Mansion in Aberdeen, North Carolina, had been vacant for roughly 40 years. The 6,000-square-foot house had shattered windows and collapsing floors. Abby Brothers and her husband Trey...

Wall Street ends mixed after punishing week

Wall Street ended mixed on Friday after a volatile session that saw Tesla slump and other growth stocks also lose ground. The S&P 500 and the Nasdaq logged their seventh straight week of losses,...

Need to Know: Will the stock market drop 20% or 48% from the peak? Here’s the key factor, says this strategist

Wall Street has been ratcheting stock forecasts lower in recent months. Futures hint of more pain for Thursday. Guggenheim’s Scott Minerd warned of a possible “summer of pain” for the S&P 500 and...

Is a recession on the way? These unconventional economic indicators may provide some clues

Fears of a recession have been on the rise recently. Investors have become increasingly concerned that record-high inflation amid the Russia-Ukraine war could slow economic growth. This deepening...

Jim Cramer tells investors to ‘stay the course’ as markets continue to shake

"History is very clear: It says you must stay the course," Cramer said. The S&P 500's already had a successful 50% retracement of its huge decline. In the 21 times that's happened since the Great...

Ten states hit record-low unemployment rates

Nebraska and Utah sported the lowest unemployment rates in the nation in January, at just 2.2 percent each. Two years after the onset of the coronavirus pandemic caused a round of mass layoffs not...

Expect more than 4 rate increases in 2022, and a lot of market volatility, says JPMorgan's Dimon: 'If we're lucky'...

JPMorgan Chase & Co. CEO: Three rate increases would be ‘very easy’ for the market to absorb. “I’d personally be surprised if it was just four,” he said in an interview with CNBC. The bank is the...

Five questions facing the economy in 2022

The U.S. economy continued to recover from the deepest downturn since the Great Depression. The economy defied expectations in almost every way as it continued to recovery from the depths of the...

El-Erian says Fed use of 'transitory' to describe inflation was its worst call ever

Federal Reserve Chair Jerome Powell has finally jettisoned the use of the word “transitory” to describe the rise in inflation. Mohamed El-Erian, chief economic adviser for Allianz, stuck the...

With movie theaters struggling, AMC gets into popcorn business

AMC Entertainment wants to sell its popcorn outside the theaters. The world’s biggest movie theater chain said Thursday it will begin selling its popcorn at malls, supermarkets, and convenience...

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