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Yuan vs. Dollar: Can China's Currency Challenge the Global Dominance of the Greenback?

The U.S. dollar has long held a dominant position in the global financial system, but the Chinese yuan is gradually gaining traction.

Jun 26, 2024 5:20 PM EDT


US Consumer Confidence Falls in June, Triggering Shifts in Spending Habits

In June, American consumers experienced a decline in confidence, marking a shift that reflects broader economic concerns.

Jun 26, 2024 5:00 PM EDT


Overwhelmed by Debt? A Guide to Taking Charge of Your Finances

As total household debt in the United States continues to rise, many individuals find themselves grappling with financial burdens that affect their daily lives and long-term financial stability.

Jun 26, 2024 12:10 AM EDT


How a TikTok Ban Could Hurt Your Business

The looming possibility of a TikTok ban in the United States has far-reaching implications, particularly for companies like Oracle, deeply integrated into supporting TikTok's cloud infrastructure.

Jun 26, 2024 12:10 AM EDT


Protect Yourself: E-commerce Best Practices to Avoid Brushing Scams

In today's digital age, receiving an unexpected package on your doorstep might seem like a random occurrence, but it could signal a more insidious scam at play.

Jun 25, 2024 8:59 PM EDT


Hong Kong Takes Crown as World's Priciest Construction Hub, Offering Investors a Double-Edged Sword

Hong Kong's ascent to becoming Asia's most expensive city for property construction marks a significant shift in regional dynamics, driven by soaring construction prices and exacerbated by a deepening labor shortage.

Jun 25, 2024 8:44 PM EDT


Yellen Targets Housing Shortage to Improve Affordability, First-Time Homebuyers May Feel At Ease

In response to soaring housing costs exacerbated by the pandemic, the Biden administration, led by Treasury Secretary Janet Yellen, has unveiled a series of initiatives aimed at increasing access to affordable housing.

Jun 25, 2024 8:27 PM EDT


Median Net Worth by Age: How Close Are You to the Top 1%?

Reaching the top 1% in terms of net worth is a significant marker of financial achievement. According to Financial Samurai, as of 2024, an annual income of $650,000 is the threshold for consistently being in the top 1% across all ages.

Jun 22, 2024 8:00 PM EDT


Can Cash Stuffing Help You Save More?

Cash stuffing has gained popularity among Generation Z, largely due to social media platforms like TikTok. However, the idea itself is far from new.

Jun 22, 2024 7:00 PM EDT


Is There Hope After Collections? Strategies to Conquer Credit Card Debt

The current economic environment, characterized by elevated interest rates and persistent inflation, has left many individuals grappling with mounting credit card debt.

Jun 22, 2024 10:01 AM EDT


Oil Prices Poised to Plunge to $60 in 2025 as Stockpiles Swell

Citi analysts predict oil prices will reach their highest point this summer before experiencing a significant drop in 2025.

Jun 21, 2024 10:07 PM EDT


High Rates Make Home Improvement Loans a Double-Edged Sword

Homeownership brings with it not only the joys of having your own space but also the responsibility of maintaining and improving it.

Jun 21, 2024 10:07 PM EDT


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