Big Changes for US Workers: Overtime Pay, Non-Compete Restrictions Explained
This week, the federal government took two steps that could have far-reaching effects for millions of American workers.
Apr 26, 2024 01:34 PM EDT
Elon Musk's Promise of Affordable EVs Sends Tesla Shares Skyrocketing
Following CEO Elon Musk's announcement that the electric car business intends to start producing new, reasonably priced EV models by early 2025, Tesla shares finished up 12% on Wednesday.
Costco's Gold Bars Part II: From Africa to the Alps to You
So where exactly does that shiny new "999.9 fine gold minted" bar from Costco come from? Under that "Essayeur Fondeur" Swiss authenticity stamp lies a long, bloody trail of death and tears.
Short on Cash? A Guide to Using Earn-Wage Apps Safely and Affordably
Several businesses provide a lending service known as Earned Wage Access, including EarnIn. In order to help workers meet their daily necessities and pay their obligations, the applications provide tiny, short-term loans to them between paychecks.
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Soaring Cocoa Costs Squeeze Hershey's Chocolate Profits
Due to growing expenses associated with cocoa, which are driving up chocolate prices, Hershey is issuing a warning on its projected profit growth for 2024.
Feb 13, 2024 10:49 PM EST
U.S. Raises are Trending Down This Year As The Job Market Cools
Employers in the U.S. anticipate an average wage increment of 4% this year, a marginal step down ...
Feb 13, 2024 12:27 PM EST
Blood Gold in Africa Funding Russians in Ukraine
Blood Gold: The Mercenaries Plundering Africa to Fuel the Kremlin's War Machine Part Two
Feb 13, 2024 11:54 AM EST
How much does social media influence our investing?
Social media is such a huge part of living in the 21st century, so is it positive or negative...
Feb 13, 2024 11:46 AM EST
Shoppers Face Fewer Choices as Brands Consolidate
Many businesses are reducing the variety of their offerings as studies indicate that having fewer options rather than a wide range actually encourages customers to make larger purchases, which is why many believe they are also benefiting consumers.
Feb 13, 2024 11:10 AM EST
Tesla Takes Action to Tackle Demand Slump, Stock Continues Slide
Monday saw a little decline in Tesla (TSLA) stock as the automaker announced another round of price reductions in the US, adding to concerns about the state of EV demand as we go into the first few months of the year.
Feb 13, 2024 10:29 AM EST
Bitcoin Soars Past $50,000, Leaving Doubters Behind
On Monday, Bitcoin surged above $50,000, hitting its highest value in over two years at one point.
Feb 13, 2024 03:53 AM EST
US Deficit Shows Improvement, But Long Road Ahead
The Treasury Department announced on Monday that the Internal Revenue Service (IRS) cleared a backlog of tax returns delayed by the epidemic, which led to a decrease in tax refunds.
Feb 13, 2024 01:52 AM EST
Diamondback Targets Endeavor in Cash-and-Stock Deal Valued at $26 Billion
To build an energy juggernaut in the Southwest valued at over $50 billion, Diamondback Energy plans to acquire competitor Endeavor Energy Resources.
Feb 12, 2024 11:42 PM EST
Is Bitcoin a Good Investment for a New Investor?
Before we get into the nitty-gritty of if it's still a good investment, you should first understand its appeal and why so many are heavily invested in it:
Feb 12, 2024 12:40 PM EST
Job Market Booms, Inflation Falls, But Political Tensions Cast a Shadow
Only 25% of business economists and professionals believe that this year will see a recession in the US. Furthermore, an external shock, like a dispute involving China, would probably cause any slowdown rather than local economic issues, such rising interest rates.
Feb 12, 2024 09:47 AM EST
Looming Debt Crisis Threatens American Way of Life
The public debt of the United States is over $34 trillion, and the country's debt-to-GDP ratio is about 100%. Not quite the boon that the Founding Fathers had originally intended.
Feb 12, 2024 07:29 AM EST
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