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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 7:35 PM EDT


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

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 7:57 AM EDT


Father's Day Gift: Secure Your Child's Future with Smart Investing

Father's Day is coming up on June 16 this year, and as his daughter or son, you might be thinking of ways to make the day unique and unforgettable for that important someone in your life. On this important day, fathers who play a vital role in the family might also try to secure their children's financial future.

Jun 15, 2024 8:50 AM EDT


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 7:44 AM EDT


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 7:02 AM EDT


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 1:50 PM EDT


Plastic Credit Cards Headed for Extinction

In a rapidly evolving digital landscape, Visa's global head of consumer payments, Mark Nelsen, foresees significant changes that could render traditional plastic cards and their 16-digit account numbers obsolete.

Jun 14, 2024 12:40 PM EDT


How to Negotiate Favorable Terms with Debt Collectors

The Urban Institute reports that over 25% of Americans have outstanding debt. If you fall into this category, a debt collector may send you an uncomfortable deluge of letters and calls. Even while it can be tempting to ignore the calls or throw the letters in the trash, doing so might make the situation worse and possibly result in legal action.

Jun 14, 2024 11:54 AM EDT


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

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 9:41 AM EDT


Safeguard Your Assets: When to Consider a Cohabitation Agreement

Examine whether a cohabitation agreement might be advantageous if you live with a romantic partner and do not want to get married. Both parties' obligations and rights are outlined in this legal instrument.

Jun 13, 2024 11:50 AM EDT


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