Government Incentive The House of Representatives passed a bill last week that would put $369 billion toward efforts aimed at fighting climate change, lowering electricity costs, and boosting the nation’s energy security. These investments are mostly structured as incentive programs in the form of tax beaks and rebates for households [...]
Fresh from the economic stresses of the pandemic, workers now are facing record inflation and rising interest rates. That’s making everything from a quart of milk to a mortgage far less affordable. Your workers are very likely feeling the strain. What’s more, their efforts to manage everyday expenses may be [...]
Successful Start In the years leading up to the pandemic, clothing subscriptions took off. Shoppers leaned on experts to facilitate piecing together fashions in a time-effective manner. Stitch Fix (SFIX) was one such company and it experienced some success following its 2011 launch. The online fashion company charges customers a [...]
Drug-Created Heartburn Many Americans suffer from heartburn and turn to medications to get relief. Unfortunately, in the case of the once-popular remedy, Zantac (ranitidine), it may have aggravated the condition it promised to resolve. In 2019 regulators determined it contained a chemical called NDMA, a probable carcinogen. This prompted the [...]
Economic Data Today the NAHB/Wells Fargo (WFC) Housing Market Index is due for August. This monthly survey provides a snapshot view of the single-family housing market, from the perspective of builders’ confidence. The index declined in July for the seventh consecutive month. Also be on the lookout for August’s Empire [...]
Centered on Social Media Founded in 2016, Overtime is a sports media company that built its brand through various social media platforms. It focuses on Gen Z and millennials and now ranks among the largest sports media companies in the world. The firm recently announced a $100 million series D [...]
Get your money, members: SoFi Checking & Savings is raising the APY for all members. Members with direct deposit will now earn 2.00% APY¹ on their balances, 60 times² the current national average. For members without direct deposit, all balances will continue to earn 1.00%, 33 times³ the national average. [...]
Running of the Bulls Bullish sentiment was the star of the show yesterday as year-over-year July CPI came in at 8.5% — below estimates and below June’s hottest read of the cycle yet at 9.1%. More importantly perhaps, the month-over-month reading was 0.0%, indicating no movement upward at all (on [...]
Back-To-School Breaks It’s a busy time of year for parents, students, and retailers. Depending on your perspective, the back-to-school shopping season is either dreaded or celebrated. For families with children it can also be a source of anxiety given the expense. In a number of US states lawmakers have attempted [...]
25 Straight Months According to the Adobe (ADBE) Digital Price Index, online prices are finally cooling off. The welcome development comes after 25 consecutive months of year-over-year increases. Prices fell 1% in July compared to the same time period in 2021. Meanwhile, it marked the second straight month that prices [...]
