The US inflation rate rose 6.8% over the last year, the highest increase since 1982, the Bureau of Labor Statistics reported Friday morning. Inflation rose 0.8% in November after rising 0.9% in October. Price increases were seen…
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Money Strategies to leave in 2021
As the year draws to a close you may find yourself reflecting on some of the decisions you made in 2021. As you look back on a year that was no doubt riddled with highs…
Money Strategies to pick up in 2022
With the new year comes new opportunities to get your finances back on track. But it’s not something that will happen by chance, consumers will have to make a deliberate effort to achieve their goals….
Stock tumble as fears over new covid-19 variant grip global market
Wall Street was in a frenzy on Black Friday as stocks around the world tumbled in the face of a new Covid-19 variant. US equities took a dive at the open and continued their downward…
Retail Recovery blazing amid Inflation Logistics Worry
Despite consumer confidence being at a 10 year low, data show that Americans are still in the shopping mood especially as the holiday season approaches. The Commerce Department reported recently that retail sales went up…
Is the Future Electric?
As the world transitions to cleaner forms of energy, corporations are also changing their business models to align with the new direction. For many businesses in the auto industry, this means a shift from combustion…
US Treasury Debt Tapering
The US Treasury is tapering its borrowing as signs of covid-19 ease become more apparent. On Wednesday the Treasury disclosed that its debt auctions from November through January 2022 will be reduced by US$84 billion….
Facebook changes name to Meta
Facebook on last Thursday announced that it has changed its company name to Meta. The name change, which was announced at the Facebook Connect augmented and virtual reality conference, reflects the company’s growing ambitions beyond…
Mind your Business – 5 big financial mistakes that business owners make
5 big financial mistakes that business owners make – Note that your business’ credit score differs from your personal credit score and in order to seek finances for your business in the future, you need…
INVESTING IS EASY, YOU JUST NEED TO START
Investing is certainly a major buzzword these days. Everyone you know is talking about mutual funds, stocks, bitcoin, cryptocurrency. If you are like me, then you have friends bragging about their high returns from investing…
