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Is a Recession Coming? Big Banks Offer Mixed Signals on the Economy

Is a Recession Coming? Big Banks Offer Mixed Signals on the Economy

Large banks issued a warning about an "uncertain" year due to the first quarter's uneven financial performance, persistently rising inflation, and geopolitical conflicts in the Middle East, Europe, and other regions.

Apr 13, 2024 06:14 AM EDT


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Buy Gold Bars at Costco? Why Guns, Gold, and Hard Assets Go Viral

The numbers show that when the going gets tough, Americans get to buying guns and gold. Signs of this gold rush might even be found amongst something as commonplace and red, white, and blue as Costco's floor-to-ceiling pallets of bulk household products and its $1.50 hotdog line. But the gold's origins are not so red, white, and blue.

Apr 12, 2024 02:28 PM EDT


Gas Prices on the Rise, But Here's How to Save Money

Gas Prices on the Rise, But Here's How to Save Money

Drivers on a tight budget might want to fill up as soon as possible because gas prices are probably going to rise in the near future.

Apr 12, 2024 11:30 AM EDT


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'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

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: 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


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

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


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