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Inflation Up, Rate Cuts on Hold: What This Means for Your Wallet

Inflation Up, Rate Cuts on Hold: What This Means for Your Wallet

Although the Federal Reserve would always have to fight inflation, the most recent statistics on the consumer price index shows exactly how difficult that battle is. The result of that dispute will have a significant impact on your money in the coming months.

Apr 11, 2024 06:55 AM EDT


Biden's new student loan forgiveness plan: How debt creates financial risk and instability

Biden's New Student Loan Forgiveness Plan: How Debt Creates Financial Risk and Instability

With the intention of beginning to erase people's loans as early as this autumn, the Biden administration is working swiftly to implement its new plan for student loan forgiveness.

Apr 11, 2024 08:28 AM EDT


Hot Bot Bitbot Raises $2M in Presale, Aims to Simplify the Game

Hot Bot Bitbot Raises $2M in Presale, Aims to Simplify the Game

Bitbot presale has maintained success only weeks after reaching seven figures, amassing over $2.1 million, 80k Twitter/X followers, and over 27k members in its Telegram community.

Apr 11, 2024 02:39 AM EDT


Small Biz Barometer Broken? Confidence Crashes, Raising Concerns for Consumer Spending

Small Biz Barometer Broken? Confidence Crashes, Raising Concerns for Consumer Spending

Based on growing fears about inflation, U.S. small-business confidence fell to its lowest level in almost 11 years in March, according to a poll released on Tuesday.

Apr 10, 2024 02:23 AM EDT


Dave Portnoy

Dave Portnoy's Big Win: Turning $600K into $2.7 Million on UConn Victory

In the high-stakes world of sports betting, Barstool Sports founder Dave Portnoy just made headlines with a massive win, turning a bold $600,000 bet on UConn to win the NCAA men's championship into a whopping $2.7 million.

Apr 09, 2024 03:19 PM EDT


How Food Marketing Tactics Impact Low-Income Shoppers

How Food Marketing Tactics Impact Low-Income Shoppers

As a result of Americans cutting back on their spending on food and other necessities, food manufacturers like Kraft-Heinz and Conagra Brands have redesigned their goods and business plans in the wake of years of price increases.

Apr 09, 2024 06:02 AM EDT


Jamie Dimon

Jamie Dimon: AI's Impact Rivals the Printing Press

In the financial world, Jamie Dimon's insights are often seen as a barometer for the future of banking and technology. So, when the JPMorgan Chase CEO says something as bold as artificial intelligence (AI) being as impactful on humanity as the printing press, electricity, and computers, people sit up and take notice.

Apr 08, 2024 04:42 PM EDT


FlexTV

The Next Generation of Video Streaming Is Vertical: Short Film Creators Monetizing the Dopamine Addict in Us All

Described as "TikTok-style short soap operas" with scripts adapted from web novels, short films are optimized for vertical viewing on mobile devices and to get viewers hooked fast. Free for the first few episodes, just enough for you to get a taste - and a dopamine rush - and boom, you're hooked.

Apr 09, 2024 08:49 AM EDT


Ripple Boss Foresees Crypto Market Explosion to $5 Trillion

Ripple Boss Foresees Crypto Market Explosion to $5 Trillion

According to the CEO of blockchain firm Ripple, the total market capitalization of cryptocurrencies will surpass $5 trillion this year.

Apr 08, 2024 06:42 AM EDT


Solar Eclipse to Spark $6 Billion Boom, Towns Prepare for Rush

Solar Eclipse to Spark $6 Billion Boom, Towns Prepare for Rush

Visitors are enjoying the unique astronomical event, which is beneficial for nearby companies that are directly in the line of the eclipse.

Apr 08, 2024 05:13 AM EDT


Fry Attachment Rate Stays High, Signaling Consumer Confidence 

Fry Attachment Rate Stays High, Signaling Consumer Confidence 

Taking a broader view, the so-called fry attachment rate's strength supports economic data by demonstrating that regular Americans are still prepared to spend money on little pleasures.

Apr 06, 2024 08:32 AM EDT


Unemployment Tumbles as US Adds Tons of Jobs, Is a Recession Off the Table?

Unemployment Tumbles as US Adds Tons of Jobs, Is a Recession Off the Table?

Employers in the United States created a staggering 303,000 new jobs in March, a further indication that the economy is resilient enough to fend off inflation and avoid a recession due to rising interest rates.

Apr 06, 2024 06:31 AM EDT


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