With inflation roaring and pandemic assistance from the government now a relic of the past, more people are turning to credit cards to pay their bills. A total of 48% of cardholders say they don’t pay off their credit-card bills each month, according to a survey conducted for information service CreditCards.com by YouGov. And 60%…
We’re officially making our way into another cuffing season. If you’re unfamiliar with the term, cuffing season is the time of year when single people start to secure a relationship for the cold winter months. The season is typically thought to begin sometime in September and last until February of the following year. That’s when…
Elon Musk is a troublemaker in the Russian war machine. The CEO of electric vehicle manufacturer Tesla (TSLA) has completely turned Moscow’s communication plan upside down, a plan aimed at imposing its narrative in the unprovoked invasion of Ukraine on February 24. Everything seemed to be going according to President Vladimir Putin’s plans until Musk,…
Purchasing power has an inverse relationship with inflation. Igal Ness via Unsplash; Canva ContentsWhat Does Purchasing Power Mean? How Does Purchasing Power Relate to Inflation and Cost of Living? What Is Purchasing Power Parity? What Is a Purchasing Power Index? What Does Purchasing Power Mean? Remember when you could buy two Mcdonald’s Big Macs with…
The U.S. government and automakers seem to be on the same page about transforming the country’s car culture from one based on an internal combustion engine to one based on battery-powered electric vehicles. Both sides seem to understand that such a large change will require tens of billions of dollars in investments before consumers migrate…
For all you parents out there: want your kids to get filthy rich? One path to great wealth is going to a first-class university. That’s what a study from global research firm Altrata shows. Here is its ranking of the top 10 U.S. universities in terms of the number of graduates enjoying a net worth…
Leading indicators are forward-looking. bymuratdeniz for iStockphoto; Canva What Is a Leading Indicator? What Is It Supposed to Predict?A leading indicator is a published report, data set, or statistic that is used to help predict where we are in the economic cycle, and if a trend is changing. Leading indicators are forward-looking, because they evidence…
So many people you know are quick to tell you that they can’t function without their morning coffee. And thanks to that state of mind, Starbucks (SBUX) raked in $29.06 billion of revenue in 2021, and the business just keeps on growing. Founded in the early ’70s in Seattle, the brand took off on a meteoric…
Unlike smaller peers, the titans of the pharma industry don’t always get a share-price boost after earning an FDA approval. Bristol Myers Squibb (BMY) certainly did. The $150 billion drug developer enjoyed a 6% pop after announcing FDA approval for one of its closely-watched assets. Deucravacitinib, now branded as Sotyktu, snagged the regulatory go-ahead to…
Elon Musk is ubiquitous on social media. He built his brand there and above all he built a large part of his influence there. He even made an offer of $44 billion to acquire Twitter (TWTR) , a platform where trendsetters and opinion makers meet. The richest man in the world has managed through social…





