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Analysis: America just got a $100-a-month raise
Since hitting a record of $5.02 a gallon on June 14, the national average price for regular gas is down $1.10, or 22%, to $3.92, according to AAA. That average has now fallen for 67 consecutive days.Since the typical US household uses about 90 gallons of gas a month, the $1.10 drop in prices equals a savings of $98.82. The impact of the extra…
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STOCK MARKET NEWS: GM dividend update, Bed Bath & Beyond craters, futures slide
U.S. equity futures were giving back gains from the previous session as investors analyzed conflicting economic signals ahead of a Federal Reserve conference next week.The major futures indexes suggest a decline of 0.5% when the opening bell rings.Oil prices edged lower on Friday, putting the brakes on a rally in the last couple of days.
U.S.…
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The exact strategy I’m using to save on the cost of food as a financial planner
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Higher food costs are unavoidable right now, but I'm taking steps to cut my spending.
I'm dining out less, and I've cut out streaming services to make up for bigger grocery bills.…
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Can exchanges create imaginary Bitcoin to dump price? Crypto platform exec answers
One of the most substantial value propositions of Bitcoin (BTC) is that no one can create more of it apart from its fixed supply. However, an executive from a crypto exchange made a bold claim that some exchanges can create and sell BTC that's only in their system, not on the blockchain, to manipulate the market. In an interview with…
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MA Real Estate Transfers
ANDOVER37 Algonquin Ave: Richard C. Manjoney and Rosanne Schipani to Kimberly and Jillian A. Middlemiss, $1,125,00016 Balmoral St Unit 301: David W. Wright to AVK Enterprises LLC, $275,000
15 Blackberry Ln:…
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Stock futures fall, putting S&P 500 on track to snap a 4-week winning streak
Stock futures were lower on Friday, dimming hopes that the S&P 500 could grind out another positive week.Futures for the S&P 500 fell 0.6%, while those tied to the Dow Jones Industrial Average dipped 162 points, or 0.5%. Nasdaq 100 futures slid 0.8%. For the week, the S&P 500 entered Friday's session up just 0.08%, and the Dow was up…
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Jobless claims drop slightly, with 250,000 Americans filing for unemployment benefits
MKM Partners chief economist and market strategist Michael Darda reacts to millions of Americans quitting their jobs in June on 'Making Money.' The number of Americans filing for unemployment benefits last week unexpectedly declined, suggesting that demand for employees remains strong amid a continuing labor shortage. Figures released!-->-->…
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STOCK MARKET NEWS: Bed Bath & Beyond tanks, jobless claims, housing data in focus
U.S. equity futures turned higher after being lower overnight, following a day that saw stocks fall after the Federal Reserve said U.S. inflation is too high, suggesting support for more aggressive interest rate hikes.The major futures indexes suggest a small gain when trading begins on Wall Street.Oil prices added to gains Thursday…
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The 2 Biggest Mistakes Investors Make in a Down Market
(Liz Brumer-Smith)
Down markets aren't fun. Volatility, market swings, and notable losses in portfolio earnings can be hard for any investor to stomach. Turbulent times like we're seeing today can even lead some investors to make big mistakes that, more often than not, make your portfolio worse off in the…
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Bitcoin price heads above $23.5K after highest EU inflation in history
Bitcoin (BTC) shifted higher on Aug. 18 as the latest data confirmed the European Union’s highest ever inflation.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewSupport and resistance close in on BTC spot priceData from Cointelegraph Markets Pro and TradingView showed BTC/USD passing $23,500 at the time of writing, having preserved…
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