The White House Touts A Digital Dollar: What Does That Mean? | Kiplinger

Disruption. It’s coming for the U.S. dollar in the form of digital currency. Last week the Biden administration detailed a broad plan for adopting a central bank digital currency (CBDC) in the coming years. The Departments of Energy, Commerce, the Treasury, and other agencies weighed in on how to manage and regulate a CBDC. The… Continue reading The White House Touts A Digital Dollar: What Does That Mean? | Kiplinger

10 High-Paying Dividend Stocks Yielding 5% or More | Kiplinger

The dividend yield on the S&P 500 has been hovering near its lowest level in roughly two decades for some time now, and while it’s starting to move higher, it’s still at a paltry 1.7%. So what are yield-hungry investors left to do? Thankfully, there is no shortage of high-paying dividend stocks on Wall Street.… Continue reading 10 High-Paying Dividend Stocks Yielding 5% or More | Kiplinger

What Ethereum’s ‘Merge’ Means for You, the Market, and the Climate | Kiplinger

Ethereum, the world’s second-most valuable digital currency by market capitalization, completed a long-awaited upgrade to its system on September 15.  The move, known in the cryptocurrency community as “The Merge”, is expected to slash energy costs and lay the groundwork for more use of crypto technology in mainstream applications, including finance. The upgrade was one… Continue reading What Ethereum’s ‘Merge’ Means for You, the Market, and the Climate | Kiplinger

NetElixir Releases 2022 Holiday E-Commerce Sales Calendar Early; Forecasts 7% YoY Growth

Digital marketing agency predicts shifting buying behaviors will spur necessary retail strategy pivots , /PRNewswire/ — In advance of what is anticipated to be the first true “post-pandemic” holiday season, digital marketing agency NetElixir released its 2022 holiday e-commerce sales forecast calendar. Their data forecasts suggest that aggregate e-commerce sales will experience a 7% YoY increase… Continue reading NetElixir Releases 2022 Holiday E-Commerce Sales Calendar Early; Forecasts 7% YoY Growth

‘Big Short’ investor Michael Burry reveals he isn’t betting against Tesla right now – but says he should be

Michael Burry disclosed he isn’t short Tesla, but said he should be betting against the automaker. The “Big Short” investor has repeatedly blasted Elon Musk and his electric-vehicle company. Burry held bearish put options against Tesla stock in the first six months of 2021. Loading Something is loading. Michael Burry revealed he’s not betting against… Continue reading ‘Big Short’ investor Michael Burry reveals he isn’t betting against Tesla right now – but says he should be

Mortgage applications rise for the first time in 6 weeks as buyers hurry into the housing market before the Fed’s next rate hike

Weekly applications for mortgages rose for the first time in more than a month, the Mortgage Bankers Association said Wednesday.  Applications rose 3.8% last week after plunging 29% in the prior week.  Mortgage demand rose as people prepared for the Federal Reserve’s next rate hike.  Loading Something is loading. Weekly applications for mortgages stepped higher… Continue reading Mortgage applications rise for the first time in 6 weeks as buyers hurry into the housing market before the Fed’s next rate hike

The Fed will save the stock market and cut interest rates if a deep recession occurs next year, JPMorgan says

The Federal Reserve could be forced to cut interest rates in 2023 if a deep recession occurs, according to JPMorgan.The move would be an about-face by the Fed, considering it has aggressively raised rates in 2022.Potential rate cuts from the Fed would help backstop the stock market in the event of a precipitous decline, JPMorgan’s… Continue reading The Fed will save the stock market and cut interest rates if a deep recession occurs next year, JPMorgan says

Europe’s energy crisis is close to costing the EU and UK governments $500 billion

Europe’s energy crisis is close to costing 500 billion euros, as nations scramble to shield citizens from a harsh winter. EU governments are shelling out 314 billion euros, while the UK has earmarked 178 billion euros, according to the think tank Bruegel. Germany has allocated 100.2 billion euros, France 53.6 billion euros, and and Italy… Continue reading Europe’s energy crisis is close to costing the EU and UK governments $500 billion