Cash News All three of the major indexes (^DJI,^GSPC, ^IXIC) are on the rise after initial claims data gave investors hope the economy wasn’t cooling as much as feared. For the week ending August 3, there were 233,000 initial jobless claims filed. That’s down from 250,000 the prior week and less than the 240,000 economists […]
Why Warren Buffett has built a mighty cash mountain #CashNews.co
Cash News No investor commands attention quite like Warren Buffett. As boss of Berkshire Hathaway, an investment firm that he has run for almost six decades, Mr Buffett’s every movement is scrutinised. When he shifts in his seat, investors large and small ponder what it might mean for their portfolios. Read More #cashnews #newsfinace #finance […]
Economist offers bipartisan plan to avoid financial crisis by stabilizing America’s surging national debt #CashNews.co
Cash News Brian Riedl of the Manhattan Institute discusses his bipartisan blueprint for stabilizing the national debt to prevent a future debt crisis. America’s national debt hit $35 trillion for the first time late last month, and with large budget deficits set to continue to push the debt to astronomical new heights in the decades […]
Nvidia stock surges 6% as chip stocks lead market rebound #CashNews.co
Cash News Nvidia stock (NVDA) climbed more than 6% Thursday along with other chip stocks as tech led a sharp market comeback. The rebound came a day after shares of the AI chip heavyweight fell more than 5% along with other semiconductor names. As of Thursday, Nvidia has shed more than $750 billion in market […]
Tennessee U.S. Rep. Andy Ogles’ campaign finance reports still don’t add up • Tennessee Lookout #CashNews.co
Cash News Columbia Republican U.S. Rep. Andy Ogles has made over two dozen corrections to his campaign finance disclosures since his first run two years ago, and a review of his most recent disclosure shows his donations and spending still don’t add up. From April 2022 to July 12, 2024, Ogles’ amended campaign finance reports […]
Personal finances, net worth of Walz and Vance show stark differences #CashNews.co
Cash News The major party vice presidential nominees — Democrat Tim Walz and Republican JD Vance — sharply disagree on a range of issues. The differences in their personal finances are just as stark. Minnesota Gov. Tim Walz, a former teacher and member of the U.S. House of Representatives, earns about $127,000 in salary per […]
California finance department opposes bill increasing penalties for soliciting minors #CashNews.co
Cash News SACRAMENTO, Calif. (TND) — The California Department of Finance on Wednesday pushed back against a bill that would increase punishments for soliciting a minor for sex in the state. SB 1414 would allow the state to charge adults who solicited minors with either a felony or a misdemeanor. If the involved minor was […]
Financial psychologist shares biggest barrier to financial wellness #CashNews.co
Cash News Everyone has their own money goals. Some people want to live completely debt-free, whiles others are OK taking on a few mortgages in pursuit of a real estate empire. Plenty of people want to retire as soon as possible, whereas others are comfortable working until a more typical retirement age. But regardless of […]
A global recession is not in prospect #CashNews.co
Cash News A weak jobs report in America has raised fears that the world’s largest economy is heading for recession. America’s stockmarkets have tumbled, with fear spreading to other countries. Japan’s Topix index is 15% off its recent high; Germany’s main index is down by 7%. When America sneezes, everywhere catches a cold. Read More […]
What are ‘Adult Gap Years,’ and Who Takes Them? #CashNews.co
Cash News My Two Cents Financial-advice columnist Charlotte Cowles answers readers’ personal questions about personal finance. Photo-Illustration: by The Cut; Photos: Getty Images Morgan Sanner started plotting her own mini-retirement after she took her first trip abroad last April. “I had never traveled internationally before, and it was so eye-opening that I was like, ‘How […]