Adults Drive Toy Market for First Time Ever
For the first time, adults purchased more toys for themselves last quarter than any other age group, exceeding the traditionally strong preschooler sector.
Jun 11, 2024 3:00 AM EDT
Strategies to Maximize Your Savings with High Rates
The benchmark interest rate set by the Federal Reserve is still 23 years high. This is because the central bank decided on Wednesday to maintain its current policy level, as it has done at the previous five meetings of the policy-making committee.
"Roaring Kitty" Disappoints, GME Slips 40% After Long-Awaited Livestream
Keith Gill, also known as "Deep-------Value" on Reddit and as "Roaring Kitty" on X and YouTube, conducted his first livestream after the three-year-old meme stock craze.
Spotify Leads Potential Price Increase Wave in Audio Streaming Services
Following new pricing increases for its premium US membership plans, Wall Street bulls continue to laud Spotify's (SPOT) outlook, which has led to a spike in the company's shares. The stock has increased by almost 70% since the beginning of the year.
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Big Tech Soars, But Can Other Sectors Keep Up to Fuel Market Rally?
Since the start of the most recent stock market rise in October 2022, investors have taken it for granted that Big Tech will continue to expand.
Jun 10, 2024 3:36 AM EDT
'Zombie' Firms Swell in Ranks, Survival Uncertain
These businesses, known as "zombies," are so deeply indebted that they can barely make ends meet, pay back the interest on their loans, and frequently only one bad business decision away from going out of business forever.
Jun 08, 2024 10:08 PM EDT
'Safe' Asset Loses Shine, Leaving High-Net-Worth Investors Reeling
According to a recent analysis from Capgemini Research Institute, as of January 2024, high net worth individuals (HNWI) with investable assets ranging from $1 million to over $30 million increased their exposure to fixed income by five percentage points to 20%. Out of all the main asset classes, that was the highest growth in exposure.
Jun 08, 2024 7:20 AM EDT
Secret Menu for Savings: Restaurant Apps That Hack Your Next Meal
Many restaurants, particularly fast food and fast-casual restaurants provide patrons who use their app with free food or beverages.
Jun 08, 2024 6:53 AM EDT
Hacks to Save on Uber and Lyft
The cost of ride-sharing may quickly go up, particularly if you require a trip during a price spike. However, there are methods to avoid having to spend top price.
Jun 07, 2024 12:50 PM EDT
Forget Waiting for the "Right Time": Why Investing Now Makes Sense
One of those things that we put off till "someday" is investing; perhaps you'll discover the ideal time in life to make the investment, or perhaps you won't have enough money to invest now. Perhaps you're delaying investing until after you've paid off your school debts or make your first home purchase.
Jun 07, 2024 12:20 PM EDT
Tipping Trends: Survey Shows Consumer Behavior Shifting
According to a Bankrate study issued on Wednesday, the number of respondents who say they always tip their hair stylists, wait staff at sit-down restaurants, and food delivery workers has decreased by 8 percentage points since 2021.
Jun 07, 2024 11:42 AM EDT
Feds Sue Largest US Booze Distributor for 'Secret Kickbacks' to Retailers
The Federal Trade Commission is planning an antitrust action against the largest U.S. alcohol distributor, Southern Glazer's Wine and Spirits.
Jun 07, 2024 6:59 AM EDT
Car Costs Climb Despite Price Dips: Maintenance, Gas Squeeze Budgets
Although the cost of new and used automobiles has decreased recently, having a car is becoming a more costly proposition overall.
Jun 07, 2024 12:05 AM EDT
Top Airline Credit Cards for June 2024
When making large airline purchases, one method to make sure you get the highest return is to use the appropriate credit card. Along with all you need to know about selecting a travel credit card to save money on upcoming flights, here are our current top selections for airline credit cards.
Jun 06, 2024 12:04 PM EDT
Lab-Grown Diamonds Squeeze Prices, Putting Traditional Gem Market Under Pressure
According to Zimnisky's rough diamond index, diamond prices have dropped 5.7% so far this year, down more than 30% from their peak in 2022.
Jun 06, 2024 12:03 PM EDT
US Vitamins Supplier Attempts to Increase Prices of Vitamins A, E, and Others
Vitamin E and A are still under pressure to rise. There is rising pricing pressure from US suppliers, particularly for vitamin A.
Jun 06, 2024 12:01 PM EDT
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