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Bacon Prices Increase to Nearly 7% More Than Last Year

Bacon Prices Increase to Nearly 7% More Than Last Year

If you're trying to be frugal, you might want to consider getting a different kind of breakfast meat.

Jun 19, 2024 01:50 PM EDT


IRS Targets Wealthy Taxpayers in Loophole Crackdown, Aims to Raise $50 Billion

IRS Targets Wealthy Taxpayers in Loophole Crackdown, Aims to Raise $50 Billion

By closing a significant tax loophole for affluent taxpayers, the IRS may bring in more than $50 billion in revenue over the next ten years. stated on Monday the Treasury Department.

Jun 18, 2024 09:00 PM EDT


Nationwide to Drop Up to 100,000 Pet Insurance Policies Citing Rising Vet Costs

Nationwide to Drop Up to 100,000 Pet Insurance Policies Citing Rising Vet Costs

The largest pet insurance company in the US, Nationwide, is discontinuing coverage for around 100,000 animals nationwide, citing the rising expense of veterinarian treatment as the reason for doing so in some regions.

Jun 18, 2024 08:00 PM EDT


US, Brazil Pork Producers Eye China Market as EU Faces Scrutiny

US, Brazil Pork Producers Eye China Market as EU Faces Scrutiny

According to merchants and economists, if Beijing bans imports from the European Union due to the intensifying trade tensions, pork exporters from South America and the United States may gain market share in China.

Jun 18, 2024 07:25 PM EDT


Candy Prices May Rise as Major Ingredient Soars

Candy Prices May Rise as Major Ingredient Soars

A particular area of global agriculture is experiencing pricing pressure, and it's bittersweet. Over the past year, the price of cocoa has more than quadrupled, which has caused a lot of problems for confectioners and other food manufacturers that utilize the ingredient to produce chocolate.

Jun 17, 2024 07:35 PM EDT


 Retail Sales Data Eyed as Investors Gauge Consumer Strength Amid Rate Hikes

Retail Sales Data Eyed as Investors Gauge Consumer Strength Amid Rate Hikes

High interest rates in the US are putting pressure on the retail industry. A few businesses have seen their shares skyrocket, while many others have seen their value eroded by months of strict monetary policy.

Jun 17, 2024 11:50 AM EDT


Musk's $44.9 Billion Tesla Pay Package Dwarfs Typical CEO Compensation

Musk's $44.9 Billion Tesla Pay Package Dwarfs Typical CEO Compensation

Even though the median U.S. CEO's pay package from the previous year was about 200 times more than that of an employee in the middle of their company's pay range, Elon Musk's record-breaking Tesla salary pales in comparison.

Jun 17, 2024 07:57 AM EDT


Millions Face IRS Deadline: Late Payment Could Cost Hundreds

Millions Face IRS Deadline: Late Payment Could Cost Hundreds

It's possible that some taxpayers won't realize they owe the IRS money on Monday, which might mean they owe them a sizable sum in April of next year.

Jun 15, 2024 07:44 AM EDT


US Industries Demand Hearing on New China Tariffs Imposed by Biden

US Industries Demand Hearing on New China Tariffs Imposed by Biden

Numerous pro-trade American industry associations have requested an extension of one month for the Biden administration to provide feedback on their intentions to apply higher tariffs to Chinese imports of solar equipment, electric cars, batteries, and other items. This basically means that the start date of many of the penalties has been postponed until August 1.

Jun 15, 2024 07:02 AM EDT


Is the Bond Market Bloodbath Over? Why Now Might Be the Time to Jump In

Is the Bond Market Bloodbath Over? Why Now Might Be the Time to Jump In

Bonds have diverged from their traditional role for several years, a trend largely attributed to the Federal Reserve's efforts to combat inflation by raising interest rates to levels not seen in 23 years

Jun 14, 2024 01:50 PM EDT


India: How to Tap the World's Fastest-Growing Major Market

India: How to Tap the World's Fastest-Growing Major Market

By 2027, India's economy is expected to overtake both Japan and Germany to become the third biggest in the world. This bodes well for investors as it indicates possible opportunities. I

Jun 14, 2024 10:43 AM EDT


Investors Eye Other Precious Metals for High Prices

Investors Eye Other Precious Metals for High Prices

In 2024, the price of gold has been rising rapidly, setting a new record in late May. According to figures from the World Gold Council, gold prices have increased by around 13.5% this year until early June, even if they have dropped slightly below the $2,400 per ounce threshold.

Jun 14, 2024 09:41 AM EDT


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