Business

Consumers who have been squeezed by higher prices may be experiencing a little relief.Fewer adults now say they are living paycheck to paycheck, according to a new LendingClub report. As of July, 59% of Americans said they lived paycheck to paycheck, down from 61% in June but still higher than a year ago, when the number of adults who felt…

U.S. stocks trending lower after Fed chief’s speech FridaySymbolPriceChange%ChangeI:DJI $32,283.40-1,008.38-3.03SP500$4,057.66-,141.46-3.37I:COMP$12,141.71-,497.56-3.94U.S. stocks were lower overnight following remarks Friday by Fed Chairman Jerome Powell signaling higher interest rates for a longer period of time to try and tamp down inflation…

(Stefon Walters) Healthcare isn't cheap. And it's showing no signs of getting cheaper anytime soon. In 1970, total health spending in the U.S. was $74.1 billion. By the end of 2020, this number had skyrocketed to $4.1 trillion -- triple what it was in just 2000.Unfortunately, retirees are feeling a lot of…

Nearly 900 years ago, China’s Song dynasty government, at the time the most advanced civilization in the world, issued the world’s first centralized paper currency. When Marco Polo encountered money made from the “bark of trees” circulating universally within the Mongol empire during the Yuan Dynasty, one hundred years later, he…

MADISON, N.J., Aug. 29, 2022 /PRNewswire/ -- Anywhere Real Estate Inc. (NYSE: HOUS), a global leader in residential real estate services (formerly known as Realogy Holdings Corp.), recently announced another strong showing on the AREAA A-List, the Asian Real Estate Association of America's annual list of the top producing agents.…

When the Commerce Department reported last month that U.S. economic output contracted for two consecutive quarters during the first half of the year, it raised fears the U.S. might be in recession, defined in a popular rule of thumb as two negative quarters of growth. New data sends a different message: rather than in recession, the economy…

A general view of pipelines on the gas storage facility at the gas trading company VNG AG in Bad Lauchstaedt, Germany July 28, 2022. REUTERS/Annegret Hilse/File PhotoRegister now for FREE unlimited access to Reuters.comRegisterBERLIN, Aug 28 (Reuters) - Germany's gas storage facilities are filling up faster than planned, Economy Minister Robert…

An analyst at investment management firm ARK Invest says Ethereum (ETH) could start gathering more bullish momentum as the crypto markets pivot back to a risk-on environment. In a new interview on the For Your Innovation podcast, ARK analyst Frank Downing says that the dust is settling in the crypto markets after months of bearish price…

(Maurie Backman) Passive income is an investor's dream. You get to sit back and get paid on a regular basis without having to go out and hustle.Meanwhile, investing in real estate is a great way to set yourself up with passive income. But that doesn't necessarily mean going out and purchasing a property you…

History shows that stocks perform better than any other asset class over time. While gold, oil, and housing may beat the market for short periods, over the past century equities handily trump all else. That holds true with cryptocurrencies as well, which had stocks eating their dust the past few years with phenomenal gains as…