A Citibank sign in front of one of the company’s offices in California. Justin Sullivan | Getty Images Over the past decade, rising household incomes have helped boost the consumer goods sector, providing a great investment opportunity for those who know where to look. TipRanks recognized Wall Street’s 10 best […]
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Turkey votes in runoff election after candidates double down on nationalism and fear
People walk past an election campaign poster for Turkey’s President Recep Tayyip Erdogan on May 25, 2023 in Istanbul, Turkey. The country is holding its first presidential runoff election after neither candidate earned more than 50% of the vote in the May 14 election. Chris Mcgrath | Getty Images News […]
White House and Republicans reach a tentative deal to avoid U.S. default
WASHINGTON — House Republicans have reached a tentative deal with the White House to address the nation’s debt ceiling and avoid a catastrophic default on U.S. sovereign debt, NBC News reports. Three Republican sources say there is a tentative agreement between Republicans leadership and the White House on a debt […]
State Farm to stop accepting homeowners insurance applications in California due to wildfires, construction costs
A private wild land firefighter monitors a backfire along Old Lawley Toll Road during the Glass Fire in Calistoga, California, U.S., October 2, 2020. Picture taken October 2, 2020. Stephen Lam | Reuters State Farm General Insurance Company on Friday announced that it will stop accepting new homeowners insurance applications […]
Are lower-income Americans paying for wealthy consumers’ credit card rewards? Some economists say they are
Have you ever gotten a free flight because of your Delta SkyMiles card? Or maybe you get the advantage of walking through the quick TSA PreCheck line at the airport instead of waiting on the typically very long general security line because of your Capital One Venture Rewards Card. About […]
Consumers are starting to fire up China’s pandemic-battered economy, two ETF experts find
China’s pandemic-battered economy is starting to see consumers open their wallets wider, according to KraneShares’ Brendan Ahern. “We’re seeing the incremental rebound from the Chinese consumer,” the firm’s chief investment officer told “ETF Edge” this week. “[But] it’s not like turning on a light switch.” The National Bureau of Statistics […]
The risky options for Main Street cash, credit, when banks say no to lending
Under current banking and credit conditions, many small businesses are likely being bombarded with pitches for online loans and cash advances. Some of these offers, however, could lead the business down — or further down — the rabbit hole of debt. Certainly, online lending platforms can make it easier for […]
These are the 10 cheapest places in the U.S. to buy a beach house
Whether you’re looking to purchase your first home or to invest in a rental property it is important to consider where you’ll be able to get the most for your money. In May, Realtor.com ranked the U.S. towns where buyers will find the most affordable homes near the water. And […]
How this 35-year-old went from ‘penniless’ to running a bakery that brought in $1.3 million in 2022
On a warm Friday at noon, the Upper West Side, Manhattan, location of Janie’s Life-Changing Baked Goods sees a steady stream of customers. Tucked below street level, the bakery’s small but inviting, greeting patrons with the rich smell of butter and a colorful display of some of its signature cookies: […]
Mark Cuban says Twitter’s new algorithms are designed to help one man only: Elon Musk
Mark Cuban is still frustrated with Elon Musk’s changes to Twitter. This time, he’s accusing Musk of rigging the platform to promote his own tweets and points of view. Last week, Cuban wrote he did his own deep dive into how Twitter determines who sees what posts. At the core […]