During periods of high inflation like the one we’ve been living in, it can be a real challenge to find safe investments that will pay off without lagging the economy horribly. This is where investments like Series I savings bonds, better known as i-bonds, come in. However, there are some important things to learn before… Continue reading I-Bonds: Pros and Cons of Investing
Strict AI Regulations Could Hinder Federal Agencies: Kiplinger Economic Forecasts
The AI landscape is continually evolving. To help you understand what is going on and what we expect to happen in the future, our highly-experienced Kiplinger Letter team will keep you abreast of the latest developments and forecasts (Get a free issue of The Kiplinger Letter or subscribe). You’ll get all the latest news first… Continue reading Strict AI Regulations Could Hinder Federal Agencies: Kiplinger Economic Forecasts
Stock Market Today: Dow Outperforms as Amgen, Boeing Gain Ground
Stock started the week on a positive note, with the main benchmarks closing higher Monday. Blue chip stocks outperformed thanks to strong gains for drugmaker Amgen (AMGN) and aircraft manufacturer Boeing (BA), while Warren Buffett’s Berkshire Hathaway (BRK.B) put in an impressive post-earnings showing. After closing last week in the red, the S&P 500… Continue reading Stock Market Today: Dow Outperforms as Amgen, Boeing Gain Ground
How I’m Going to Invest My Mega Millions Lottery Jackpot
Our current national mania for the Mega Millions jackpot, projected to hit $1.55 billion by Tuesday’s drawing, would almost certainly excite the scorn of Ambrose Bierce. A largely forgotten American writer, Bierce was the guy who came up with that oft-quoted line about the lottery being “a tax on people who are bad at math.”… Continue reading How I’m Going to Invest My Mega Millions Lottery Jackpot
The Aerospace Recovery Is Still Going Strong: Kiplinger Economic Forecasts
Manufacturing was hit hard by the pandemic, and its rebound will be marked by ups and downs. To help you understand what is going on and what we expect to happen in the future, our highly-experienced Kiplinger Letter team will keep you abreast of the latest developments and forecasts (Get a free issue of The… Continue reading The Aerospace Recovery Is Still Going Strong: Kiplinger Economic Forecasts
A $2 trillion corporate debt wall will spark job losses in 2024, Goldman Sachs says
A $2 trillion corporate debt wall is about to shake the economy with job losses, according to Goldman Sachs.The bank estimated that the economy could shed 5,000 jobs per month in 2024 due to rising debt interest costs. “Companies will need to devote a greater share of their revenue to cover higher interest expense as they… Continue reading A $2 trillion corporate debt wall will spark job losses in 2024, Goldman Sachs says
US stocks rise as investors digest 2nd-quarter earnings beats
Matthew Fox Lucas Jackson/Reuters US stocks climbed on Monday as investors continue to digest 2nd-quarter earnings results.With 85% of S&P 500 companies having reported results, 81% beat profit estimates.Investors are turning their attention to the Thursday release of the July inflation report. Loading Something is loading. Thanks for signing up! Access your favorite topics in… Continue reading US stocks rise as investors digest 2nd-quarter earnings beats
China’s working population will shrink in the coming decades and keep the nation’s economy from surpassing America’s, research firm says
Decades of China’s one-child policy have led to an aging population and lopsided ratio between elderly and youth. The country is on pace to lose nearly half of its current population by 2100, per Terry Group, which says that bodes poorly for economic growth. Chinese government data showed China’s population shrank in 2022 for the… Continue reading China’s working population will shrink in the coming decades and keep the nation’s economy from surpassing America’s, research firm says
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