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Washington DC, the Consumer Price Index for All Urban Consumers (CPI-U) rose 0.1 percent in August on a seasonally adjusted basis after being unchanged in July, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 8.3 percent before seasonal adjustment.
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Ridgewood NJ, soon you will be able to own stock the legendary German sports car company . Volkswagen Group, which owns brands like Volkswagen, Audi, Lamborghini, Bentley, and Porsche, is planning to take Porsche public in a listing that could value the brand anywhere between $60Billion to $85Billion.
Research suggests that financial literacy has been on the decline in recent years*
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Ridgewood NJ, according to the Global Children Financial Literacy Foundation, in a test of financial knowledge among young Americans, only around one third can answer even four or five basic financial literacy questions correctly.
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Continue reading Bad Credit Personal Loans with Guaranteed Approval –Up To $5 000
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New York NY, the Dow Jones Industrial Average dropped more than 1,000 points Friday following the Friday comments from Federal Reserve Chairman Jerome Powell that the Fed will press forward with raising interest rates while inflation lingers.
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Ridgewood NJ, while neither a crypto maximalist or minimalist the one thing we like most about them is they are private crypto currencies that they take financial power and control away from globalists, central banks, and politicians and their fiat currencies.
Continue reading The United Nations Wants to Regulate Crypto Currencies
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Washington DC, the Federal Deposit Insurance Corporation (FDIC) today issued letters demanding five companies and their officers, directors, and employees cease and desist from making false and misleading statements about FDIC deposit insurance and take immediate corrective action to address these false or misleading statements.
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Ridgewood NJ, according to MoneyTransfers.com, millennials account for only 6.6% of America’s wealth. However, they are catching up to other generations as their total net worth has doubled since the first quarter of 2020. Since the first quarter of 2020, when their total net worth was $4.55 trillion, millennials have seen that number spike to $9.11 trillion.
Continue reading Only 6.6% Of US Wealth Is in the Hands of Millennials
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Washington DC, the Producer Price Index for final demand fell 0.5 percent in July, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. This decline followed advances of 1.0 percent in June and 0.8 percent in May.
Continue reading Producer Price Index Suggests Inflation Moderating Yet Still Remains Very High
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Washington DC, the Consumer Price Index for All Urban Consumers (CPI-U) was unchanged in July on a seasonally adjusted basis after rising 1.3 percent in June, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 8.5 percent before seasonal adjustment.
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Ridgewood NJ, Americans have noticed they’re paying higher grocery prices, and most expect the cost of food to keep going up.
Continue reading Inflation: Most Americans Expect Even Higher Grocery Prices
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Ridgewood NJ, not sure why so many Wall Street economic geniuses predicted that the GDP report would show a positive number, given that inflation is running at 9%. “Stuck on Stupid” seems to be a growing pandemic.
Continue reading The “Inflation is Transitory” Crowd is Claiming We are Not in a Recession
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Ridgewood NJ, Stablecoin issuer Tether faces scrutiny over an $840mn loan it recovered from Celsius Network as the crypto lender’s bankruptcy tests how insolvency rules apply to digital assets.
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Ridgewood NJ, Coinbase is facing an investigation from the US SEC over whether it allowed users to trade unregistered securities. The SEC started taking a closer look at the exchange after it added over 100 additional tokens to its platform. Coinbase is confident that its diligence process keeps securities off its platform. The investigation is separate from the SEC’s case against Coinbase’s former product manager and two other people for insider trading.
Continue reading Crypto Exchange Coinbase facing an SEC investigation
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Washington DC, the Federal Deposit Insurance Corporation (FDIC) today published the Fact Sheet: What the Public Needs to Know About FDIC Deposit Insurance and Crypto Companies.
