Personal spending rose 2.1% in January, up from 0.8% in the previous months and ahead of market forecasts of 1.5%.
Despite the condemnations and drumbeat of “severe” sanctions from President Joe Biden and America's European allies following the Russian military moving into Ukraine, it is important to note where the rest of the world is on this.
For over a decade, Chipotle has been a big winner on Wall Street. But not in the last 12 months, when it trailed the broader market.
The American economy is adding close to half a million jobs a month. Unemployment is hovering close to a 20-year low. Meanwhile, inflation is running at an annual rate of 7.5%, a 40-year high.
As severe shortages continue, chip companies will increasingly have the upper hand over car-makers, which may ultimately force auto manufacturers to adopt a more innovative mindset about onboard computing.
Low consumer sentiment is a predictor of lower consumer spending down the road. And that's bad news for the U.S. economy and equities.
The hot inflation numbers came days after the U.S. government reported that the nation’s economy is roaring back from the COVID-19 recession.
Venmo is popular with younger generations, and the adoption of the product by Amazon could help bring the buzz back to the online payments company.
There won't be so many big Super Bowl parties in 2022 due to the spread of the Omicron variant, but it hasn't dampened our desire to have a good laugh during the event — particularly at the commercials.
Amazon's recent price hike for its Prime program could send customers to Walmart, which has left the price of its premium loyalty program unchanged.
Today’s labor market may prove to be another good news-bad news day. Good news for Main Street and bad news for Wall Street.
Facebook and Netflix are two leading companies in different industries but they share a common problem lately: They are running out of profitable opportunities as competition is closing in.
Social Security is usually the first thing considered when people start to think about funding their future retirement.
We live at the apex of human civilization. We carry trillions of bits of high-quality data in our pockets at all times. Despite these advantages, our decision-making process has evolved little since our days as tribal “hunter-gatherers.”
Netflix's price hikes are coming at the wrong time as the competition closes in, and the company is running out of subscribers in its home market.
Teenagers will tell you that they know everything. Everything except revolving credit card debt, skyrocketing bills, and applying for loans.
If Biden wants to stay true to his word and make the Democrats the ‘Party of small business’, then he needs to change tack and maintain the support that small American businesses so desperately need.
Repeal of Section 230 is vital.
Beyond the buzzwords, we must remember that AI itself is not the goal, rather, it is only one part of the toolkit that will help us tackle the challenges of the 21st century.
Franchising offers a middle road that keeps the upside of business ownership, while reducing the downside of starting a business in isolation
The ultimate objective in your search for a financial planner is to find someone you can both trust and has the knowledge and skillset to work with you and your financial life.
This is my message for any entrepreneur today; you must not let this economic crisis go to waste.
Most people know that Facebook is not a great steward of its users’ privacy, but many are shocked to find out just how much information they give away voluntarily.
Wall Street started the new week on the downside pressured by rising interest rates.
"Gaming is all about creating a persona, a life, and a goal in a whole new world that you immerse yourself in. Why can't video-game purchasing be the same?"
Clients draw from their portfolios and never run out of money under any scenarios short of a nuclear war, meteor strike, or worldwide zombie apocalypse.
Oil had a banner year in 2021.
"Climate has changed the weather dramatically in recent years limiting food supplies."
It’s not too late to set financial and personal goals for 2022.
We’ll know what happens to heavily indebted businesses when the cost of money rises.
Investing retirement money aggressively may sound counterintuitive. Why take chances with a nest egg?
Another moratorium won't solve the problem that haunts millions of Americans.
They may ask for money directly or provide a real or imagined service for seniors with an unrealistically high price tag. Either way, it gets done with a smile.
Ford's lead on Wall Street over Tesla comes when Ford and other traditional automakers are rolling out several hybrid and electric vehicles.