Despite falling sales in most countries in the first quarter of 2024, the world’s largest smartphone designer and manufacturer has maintained a positive outlook for the coming year. On the Decline? Some believe the world’s favorite smartphone manufacturer may be sitting on a shaky pedestal, as tech giant Apple revealed a significant drop in sales … Read more
According to the latest AARP Financial Security Trends Survey, more young Americans are feeling optimistic about the future of their finances. Unfortunately, it’s not all plain sailing – as the older generation’s worries are piling up. Financial Outlook for Americans New survey results from AARP are painting a unique picture of American society. Rising Optimism … Read more
A federal program that subsidizes internet bills for low-income households is now on the chopping block, dealing a financial blow to millions. End of the ACP The Affordable Connectivity Program (ACP) is a federal benefit program instated in 2021 that has been providing low-cost internet for low-income households for the last 3 years. Running Out … Read more
An unusual printing error has driven up the value of specific $1 bills, with some pairs selling for up to $150,000. Here’s how to know if you’ve got some on your hands. Watch Your Wallet Next time you take out your wallet, you might want to check what’s inside! Millions of $1 bills are now … Read more
If you live in New York, you could be in with a chance for a big windfall – provided you meet the necessary criteria. STAR Stimulus Check Tax season is over, and that means the benefits are beginning to roll in for those who are eligible. Residents of the Big Apple might be seeing an … Read more
Wealth inequality is breaking all records this year, according to newly released data from nonprofit Americans for Tax Fairness. Let’s take a look at what they found out. Billionaires’ Wealth Surge It may come as no surprise to many of you, but wealth inequality is getting out of hand. According to a new report by … Read more
It’s looking to be a good week for Alphabet, as Google’s parent company soars in value on the stock market due to recent announcements for investors. Dividends and Buybacks Alphabet Inc., the parent company of tech behemoth Google, announced on Thursday that it will be issuing its first-ever dividend to investors, as well as authorizing … Read more
Minnesota‘s most populous city has made the controversial move to raise minimum cigarette prices, making prices the highest in the U.S. A Unanimous Vote In a bid to improve public health, the Minneapolis City Council voted unanimously for an ordinance that will raise the minimum retail prices for cigarettes. The Highest in the Nation It’s … Read more
Have you ever wondered how your political leanings might impact your retirement plans? Whether you’re a die-hard Republican or a staunch Democrat, understanding how your beliefs influence your financial future is crucial. Let’s take a closer look at how political affiliations influence individual retirement strategies. #1. Social Security Reform If you lean Republican, you might … Read more
Newly released data from the Federal Trade Commission (FTC) shows that scams are a big problem in the U.S. According to the FTC, Americans lost a massive $10 billion to fraud last year, up more than 14% on 2022. Let’s take a look at their findings and see which states are the most scammed. Advanced … Read more
The world of billionaires is volatile and subject to rapid changes in fortune. From market crashes to poor investments and changing business landscapes, various factors can cause even the wealthiest individuals to lose their billionaire status. What leads to such dramatic financial reversals, and how do these former billionaires cope with their new realities? #1. … Read more
Financial analyst Gary Shilling had some tough words for people across the nation this week, with a dire warning about America’s tardy economy. Expert’s Warning Despite the Biden administration repeatedly touting the strength of the economy, one expert strongly disagrees – Gary Shilling. Gary Shilling Predicts Recession Ahead In an interview with Newsweek, Shilling claimed … Read more
Another high-profile financial figure has stepped forward to warn about the potential impacts of the US trillion-dollar national debt. Cooperman Speaks Out The US is being nudged ever closer to a financial crisis as a result of trillion-dollar debt, according to billionaire investor Leon Cooperman. Interview With CNBC In an interview with CNBC on Tuesday, … Read more
The FTC has made another aggressive move to block a corporate merger, this time between two significant players in the luxury shopping and fashion industries. FTC Moves Against Fashion Merger The US Federal Trade Commission has declared its decision to sue to block a merger between luxury fashion brand Tapestry and one of its major … Read more
After weeks of debate, negotiation, and a missed deadline, top lawmakers in New York have finalized the state budget. Budget Finally Passed New York finally passed its state budget. Though it was finalized three weeks after its April 1 deadline, lawmakers agreed on a $237 billion sum to be dispersed across multiple sectors. Different Sectors … Read more
Weight loss drugs are having some notable effects on consumer spending and may go on to have a significant impact on the US food and retail industry, according to a new survey. Do Weight Loss Drugs Reduce Food Spending? ‘Miracle’ weight loss drugs like Ozempic and Wegovy are driving down food spending for users, according … Read more
One Florida resident had the shock of his life when he came home to a six-figure phone bill. But what happened? Euro Trip Ends Badly US globetrotters may need to think carefully next time they use their mobile phones while traveling after a Florida man and his wife recently returned home from a European trip … Read more
With rising inflation causing a nationwide headache, one of America’s leading finance executives has made some optimistic claims. Fed Winning the Battle? According to Bank of America CEO and chairman Brian Moynihan, a battle is being waged between rising inflation and the Federal Reserve – and the Fed is winning. BOA CEO Makes Bold Claims … Read more
In the past few months, consumer prices have stayed high. Gas and rent prices are major reasons for this. The Federal Reserve’s plans to lower interest rates have people worried about the US economy. Gas Prices Hike From February to March, gas prices rose by 1.7%, adding to inflation pressures. Unstable energy markets and global … Read more
A new report has weighed in on the financial prospects of the younger generation and revealed that things may not be as bad as they are made out to be. The Unattainable Dream of Wealth For many millennials, the idea of wealth and homeownership is a pipe dream. Millennial Financial Struggles High property prices, a … Read more
