Economy - Finance

Has The Great Shaking Of The Financial Markets Finally Begun?

Has The Great Shaking Of The Financial Markets Finally Begun?

13 minutes ago   |   The Economic Collapse

A whole host of prominent voices have been warning that volatility and chaos would be returning to Wall Street, and that is precisely what has happened. But is this just a...
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House to vote on virus bill; arbiter says wage hike a no-go

39 minutes ago   |   Chron   |   2 articles

WASHINGTON - Democrats are ready to shove a $1.9 trillion COVID-19 relief package through the House on Friday, despite a setback that means a minimum wage boost is unlikely to...
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Gross Domestic Product, 4th Quarter and Year 2020

1 hour ago   |   U.S. Bureau of Economic Analysis

Real gross domestic product increased at an annual rate of 4.1 percent in the fourth quarter of 2020, reflecting both the continued economic recovery from the sharp declines...
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Minimalism - The Personal Steady State Economy

Minimalism - The Personal Steady State Economy

1 hour ago   |   Steady State

By Kayla Downs Following my recent article at the Herald , a reader pointed out that many folks become far happier simply by reducing their material belongings. He also noted...
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347 Ameriprise Financial Advisors Named to the Forbes Best-in-State Financial Advisors List

2 hours ago   |   Ameriprise

Minneapolis - February 25, 2021 - Ameriprise Financial Inc., today announced that 347 financial advisors were named to Forbes Best-in-State Financial Advisor list. Forbes...
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Tim Hortons marks two years in China with Tencent investment

4 hours ago   |   Tech Crunch

Tim Hortons, the Canadian coffee and doughnut giant, has raised a new round of funding for its Chinese venture. The investment is led by Sequoia China with participation from...
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Friday: Personal Income and Outlays

4 hours ago   |   Calculated Risk

From Matthew Graham at MortgageNewsDaily: Mortgage Rates Are Now Well Over 3 Percent Most any mortgage lender added another eighth of a percent to their 30yr fixed rate...
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Coinbase's crypto holdings jumped ninefold last year to over $300 million as bitcoin surged

6 hours ago   |   CNBC

According to Coinbase's direct listing prospectus on Thursday, the company held $316.1 million worth of crypto assets on its balance sheet as of Dec. 31.
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Anticipating a 2021 boom, fourth-quarter GDP is revised up slightly to 4.1%

6 hours ago   |   CNBC   |   2 articles

The economy grew at a 4.1% pace in the final three months of 2020, slightly faster than first estimated.
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Why jobless claims are a bad indicator of unemployment

6 hours ago   |   CNBC   |   3 articles

The U-3 is considered the standard for measuring unemployment, but not everyone agrees the metric is a comprehensive picture U.S. unemployment.
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How to earn, redeem, and maximize Wyndham Rewards points - from...

How to earn, redeem, and maximize Wyndham Rewards points - from budget-friendly hotels to newly added vacation rentals, there are options for everyone

Summary List Placement The Wyndham Rewards loyalty program includes over 9,000 hotels across 19 brands around the world. You can also use Wyndham points to book vacation... Read more ...

4 United credit cards just increased their welcome bonuses - you can earn up...

4 United credit cards just increased their welcome bonuses - you can earn up to 75,000 miles that don't expire

Summary List Placement Chase has increased the welcome bonuses on four United credit cards for a limited time. It's a good time to apply even if you're not traveling right now... Read more ...

Hotels: Occupancy Rate Declined 23.8% Year-over-year

Hotels: Occupancy Rate Declined 23.8% Year-over-year

From CoStar: STR: US Hotels Nearly Half Full During Week Ending Feb. 20 U.S. weekly hotel occupancy reached its highest level since late October, according to STR‘s latest data... Read more ...

Silicon Valley scooter startup Lime has tapped Evercore bankers and is...

Silicon Valley scooter startup Lime has tapped Evercore bankers and is exploring a potential SPAC deal

Summary List Placement SPAC mania has reached scooter-land. Lime, the Uber-backed electric scooter startup, is working with investment bank Evercore as it explores an attempt... Read more ...

Anticipating 2021 boom, Q4 GDP revised up slightly to 4.1%

Anticipating 2021 boom, Q4 GDP revised up slightly to 4.1%

WASHINGTON - The economy grew at a 4.1% pace in the final three months of 2020, slightly faster than first estimated, ending a year in which the overall economy, ravaged by a... Read more ...

Stori raises $32.5M in a Lightspeed-led Series B to build Mexico's credit...

Stori raises $32.5M in a Lightspeed-led Series B to build Mexico's credit card for the masses

While credit cards are commonplace in the United States, they are far less ubiquitous in many other countries, particularly those in Latin America. In Mexico in particular... Read more ...

Weekly Initial Unemployment Claims decreased to 730,000

Weekly Initial Unemployment Claims decreased to 730,000

The DOL reported : In the week ending February 20, the advance figure for seasonally adjusted initial claims was 730,000, a decrease of 111,000 from the previous week's revised... Read more ...

Pimco says a $1.9 trillion stimulus could push US growth to 7.5% this year...

Pimco says a $1.9 trillion stimulus could push US growth to 7.5% this year - a rate not seen since the 1950s

Summary List Placement A big stimulus package could trigger economic growth of 7.5% this year in the US, Pimco said. The rapid growth would push inflation to above 2% over the... Read more ...

Dow closes at record high as Powell signals Fed to remain accommodative

Dow closes at record high as Powell signals Fed to remain accommodative

Summary List Placement The Dow Jones Industrial Average closed at record highs on Wednesday as Federal Reserve Chairman Powell signaled that the Fed will continue to remain... Read more ...

Investing legend Charlie Munger blasts SPACs as indication of an 'irritating...

Investing legend Charlie Munger blasts SPACs as indication of an 'irritating bubble' and says the 'world would be better off' without them

Summary List Placement Charlie Munger said SPACs are an "irritating bubble" at the Daily Journal annual meeting Wednesday. The Berkshire Hathaway vice-chairman said the world... Read more ...