NFTs Are a Mixed Bag Non-fungible tokens (NFTs) have been an increasingly popular feature of the virtual world. These unique, one-of-a-kind digital assets are bought and sold on a blockchain and include things such as video clips, digital art and music, or even tweets. As digital markers they’re used to [...]
Toll on Mental Health In the wake of the pandemic, many Americans have struggled with their mental health. Lock-downs, working from home, social distancing, and even masks left some feeling disconnected and lonely. Fears related to the virus and the general uncertainty around outcomes left many in a state of [...]
Big Picture It’s fair to say Elon Musk has lofty goals when it comes to his $44 billion acquisition of Twitter (TWTR). After the New York Times (NYT) published a pitch deck that he’s showing to potential investors, details are coming into focus. In terms of revenue, Musk says he [...]
Branded Stores Shopping for certain products in the US is fairly straightforward. If you want a refrigerator or washing machine you visit an appliance store. When it’s time to update your wardrobe, a trip to a clothing store like Nordstrom (JWN) or Gap (GPS) is in order. The same retail [...]
Home Depot Unveils $150 Million Venture Capital Fund The Home Depot (HD) recently announced the formation of a $150 million venture capital fund. Home Depot Ventures will primarily aim to invest in early and growth stage companies that focus on enhancing the customer experience and home improvement. This follows its [...]
Rising Rates, No Problem High dividend-paying stocks have been on a tear this year. For some, the trend may seem counterintuitive since the sector is typically shunned in rising-rate environments, which often are indicative of a growing economy. At present, the Fed is hiking rates in an attempt to combat [...]
Because She’s Worth It A survey from the National Retail Federation and Prosper Insights & Analytics predicts Mother’s Day spending will total $31.7 billion this year, with an estimated 84% of adults set to celebrate the holiday in some fashion. Compared to last year, spending is expected to increase by [...]
In February, we launched SoFi Checking and Savings, our high-yield banking accounts that offer some of the best features and benefits in the country: 1.25% annual percentage yield1 with direct deposit (0.70% APY without direct deposit), no account or overdraft fees, and 2-day-early paycheck.2 It’s all in the SoFi app—right [...]
COVID Easing, Gasoline Rising Ride-hailing companies took a hit during the pandemic as people stayed home and practiced social distancing. At the same time, drivers dropped off their platforms. With those headwinds now easing, the sector faces new problems. The Russia-Ukraine war triggered spikes in oil prices, making it more [...]
50 is the New 25 On Wednesday, the Federal Open Market Committee (FOMC) announced a 50 basis point increase in the Fed Funds Rate to a new target range of 0.75-1.0%. This was the first 50 basis point hike since 2000, and — although widely anticipated by markets — is [...]
