Switching to an ethical super fund is the third most effective thing people can do to fight climate change according to new research, coming in after installing solar panels and switching to a green energy plan. And while solar panels are becoming increasingly popular and many pay careful attention to the green credentials of their energy retailer, comparatively few of […]
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“This needs to be taught in schools!” If financial literacy had a catchcry, this would be it. Whenever the topic comes up, someone will exasperatedly question why their school didn’t teach them more about taxes. It’s an understandable frustration. Met with an endless barrage of financial products and paperwork, it is natural to wonder why your education didn’t prepare you […]
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China’s reopening is set to provide a welcome boost to global growth, offsetting weakness in Europe and a looming recession in the US. But unlike in 2009, when China’s four-trillion-yuan stimulus helped kickstart a recovery from the Lehman slump, in 2023 there’s a catch — a boost to inflation at exactly the moment the Federal Reserve and other central banks […]
Read morevideo Kevin O’Leary: Under Elizabeth Warren, businesses are ‘punished for success’ Millionaire businessman and television personality Kevin O’Leary, a.k.a. Mr. Wonderful, predicts more bankruptcies after the FTX fallout, and discusses his $45 million investment in North Dakota. Mr. Wonderful has his finger on the pulse of small business innovation – and is claiming that states like New York, Massachusetts and […]
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Identity theft became a large problem when people started storing their data online. Several major hacks of big companies have exposed tens of millions of records. Some of these include emails and Social Security numbers. Although sophisticated software protects this data, hackers sometimes outsmart it. A recent study showed that Nevada is the state where one is most likely to […]
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New home sales in the U.S. increased for the third straight month in December, the Commerce Department revealed in a report released on Thursday. The report said new home sales surged by 2.3 percent to an annual rate of 616,000 in December after climbing by 0.7 percent to a downwardly revised rate of 602,000 in November. Economists had expected new […]
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A report released by the Commerce Department on Thursday showed new orders for U.S. manufactured durable goods soared by much more than expected in the month of December. The Commerce Department said durable goods orders spiked by 5.6 percent in December after tumbling by 1.7 percent in November. Economists had expected durable goods orders to surge by 2.5 percent compared […]
Read morevideo Art Laffer on GDP reaction: This is a ‘recipe for future inflation’ Former Reagan economic adviser Art Laffer discusses the GDP’s reaction to President Biden’s fiscal policies and weighs in on the consequences of the student loan handout. The U.S. economy ended 2022 on solid footing, but momentum seems to have cooled slightly as consumers confront the dual threat […]
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Data technology is accelerating from a polka to a lightning-fast tarantella. Algorithms will start to “help” and then displace doctors over the next decade because they are statistically better at diagnosis. Nurses will last longer, indispensable for care and the human touch. This will slash health care costs. Routine journalism will be usurped by ChatGPT and its ilk, the talk […]
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