Consumer prices in Europe continued their steady upward march in August, driven by soaring food and fuel prices and shortages caused by clogged supply chains. In the 19 countries that use the euro as currency, the annual inflation rate jumped to a fresh record of 9.1 percent, up from 8.9 percent in July, according to…
Month: August 2022
Buy Now, Pay Later: Going Into Debt for Groceries
Josh Roberts didn’t think twice about taking out a loan to pay for groceries. It was early in the pandemic, and he was making $16.50 an hour working for a technology company in Cincinnati while supporting his sister and her girlfriend. “We were just not making enough to live,” he said. So he started buying…
Five Tips to Achieve Debt Elimination
Debts, debts, debts…. How did we get to this state, to become a nation of debts? Over the past decades, millions of Americans found themselves awash with debts and sadly, this trend is set to continue for the future generations. Debt elimination has become more challenging because creditors are aware that more money can be…
Revenge of the Founders: A Generational Struggle on Wall Street
The abrupt departure of Kewsong Lee as Carlyle Group’s chief executive followed conflicts over how to run the financial firm. Source link
Judge Recommends Rejecting Bid by Sept. 11 Families to Seize Frozen Afghan Funds
WASHINGTON — A federal magistrate judge has recommended rejecting the effort by relatives of victims of the Sept. 11 attacks to seize $3.5 billion in frozen Afghan central bank funds to pay off judgment debts owed by the Taliban — in part because doing so, she said, would effectively recognize the Taliban as the legitimate…
Affiliate Marketing – Make Money Online Working From Home in 5 Easy Steps
Affiliate programs are the online method of direct contact marketing. They promise a fortune with minimum investment. There are many success stories of part-time affiliates who have given up their jobs to become full-time affiliates because of the income generated by affiliate marketing. While affiliate marketing presents a rosy picture upfront, to succeed in the…
Review: “American Rascal: How Jay Gould Built Wall Street’s Biggest Fortune,” by Greg Steinmetz
Gould’s career careened down this uncertain line between public and private interests. To promote exports and boost Erie freight traffic, he and Fisk tried to drive down the price of the greenback in Wall Street’s “Gold Room” (in essence, the foreign-exchange market). They lobbied President Ulysses S. Grant to stop federal sales of gold, and…
The Crypto World Can’t Wait for ‘the Merge’
The cryptocurrency industry has endured a terrible year. A devastating crash wiped nearly $1 trillion from the market, draining the savings of thousands of people. Several companies filed for bankruptcy. Now the industry is fixated on a potential saving grace: a long-awaited software upgrade to the most popular cryptocurrency platform, Ethereum, which provides the technological…
At the Fed’s Big Conference, Investors Will Grasp for Hints About Rate Path
The most anticipated economic event of the summer is set to happen on Friday, when Jerome H. Powell, the Federal Reserve chair, provides an update on the economic outlook that could detail how the central bank is thinking about inflation and the path ahead for interest rates. Mr. Powell’s speech at the Federal Reserve Bank…
Understanding Personal Finance – Tips For Everyone!
Do you have a good bit of debt? Are you struggling to control your spending? No matter what your financial woes, you must take steps to improve your financial future. In this article, you will learn ways to save and spend wisely, so you can keep control of your personal finances. It is definitely possible…