Listen now:Subscribe FREE wherever you listen:Apple Podcasts | Google Podcasts | Spotify | Overcast | RSS Links mentioned in this episode:Kiplinger’s Economic Outlook: GDPKiplinger’s Economic Outlook: InflationKiplinger’s Economic Outlook: JobsKiplinger’s Economic Outlook: Interest ratesKiplinger on tiktokTranscript:David Muhlbaum: 2022. Yes, it’s already underway, but we’ve got more than 11 months to go. Forecasting what might actually happen in that time is what the Kiplinger… Continue reading PODCAST: The Kiplinger Letter’s 2022 Forecasts | Kiplinger
Stock Market Today: Stocks Resume Slide on Busy News Day | Kiplinger
Stock Market Today The major benchmarks started the day in positive territory, but were bathed in red ink by the close.Choppy trading continued on Wall Street as investors balanced good news, bad news headlines. On the economic front, weekly jobless claims edged up a seasonally adjusted 230,000 last week – more than economists were expecting… Continue reading Stock Market Today: Stocks Resume Slide on Busy News Day | Kiplinger
5 Mortgage REITs for Yield-Hungry Investors | Kiplinger
In the search for rich dividend yields, mortgage REITs (mREITs) are in a class all their own. These are companies are structured as real estate investment trusts (REITs), but they own interest-bearing assets like mortgages and mortgage-backed securities rather than physical real estate. One of the biggest reasons to own mortgage REITs is their exceptional… Continue reading 5 Mortgage REITs for Yield-Hungry Investors | Kiplinger
The UK economy saw a rapid 0.9% growth spurt in November, making it bigger now than before the pandemic
Retail trade helped the services sector expand in November.Daniel Leal/Getty Images The UK economy is now bigger than it was before the pandemic started, after strong growth in November. Gross domestic product, or GDP, grew 0.9% in November, up from 0.2% in October and above expectations. Yet the arrival of the Omicron variant is expected… Continue reading The UK economy saw a rapid 0.9% growth spurt in November, making it bigger now than before the pandemic
Tesla starts accepting dogecoin for some merch, sending the meme coin surging
Tesla starts accepting Dogecoin for some merch.NurPhoto Tesla CEO Elon Musk announced last month the company will let people buy some merch with dogecoin. It has started accepting the meme coin for a few merch including the Cyberquad for Kids and the Cyberwhistle. Dogecoin’s price spiked on the news of the cryptocurrency’s acceptance at the… Continue reading Tesla starts accepting dogecoin for some merch, sending the meme coin surging
Nasdaq slides 2.5%, leading US stocks lower and snapping 3-day win streak, as earnings season approaches
Brendan McDermid/Reuters US stocks slumped Thursday led by a drop in technology shares. The Nasdaq Composite lost more than 2% as investors price in the Fed’s signals to move aggressively against hot inflation. JPMorgan and Citigroup will kick off the fourth-quarter earnings season on Friday. Sign up here for our daily newsletter, 10 Things Before… Continue reading Nasdaq slides 2.5%, leading US stocks lower and snapping 3-day win streak, as earnings season approaches
Robinhood drops on report crypto exchanges Bitstamp and Sam Bankman Fried’s FTX are working to add stock trading to their US platforms
Jack Taylor/Getty Images FTX.US and Bitstamp USA are considering adding stock trading to their platforms. The FTX.US president tweeted the company has been “hard at work on stocks.” Robinhood stock slumped 6%, contribuing to their overall decline so far in the new year. Sign up here for our daily newsletter, 10 Things Before the Opening… Continue reading Robinhood drops on report crypto exchanges Bitstamp and Sam Bankman Fried’s FTX are working to add stock trading to their US platforms
Visa is testing a platform that will support central bank digital currencies in partnership with blockchain firm ConsenSys
AP Photo/Jenny Kane Visa is testing a platform in partnership with ConsenSys that aims to support central bank digital currencies. The new technology is designed provide an “on-ramp for CBDC to existing payment networks,” Visa said. Payment rival Mastercard already launched a similar CBDC testing platform with ConsenSys. Sign up here for our daily newsletter,… Continue reading Visa is testing a platform that will support central bank digital currencies in partnership with blockchain firm ConsenSys
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