A Self-Made Millionaire Shares Her Top 18 ‘Recession Money Rules’: It’s ‘Reasonable to Worry’

Concerned about what your financial situation will be like in a year – or even a few months? With all the worries about economic growth, it is reasonable to worry about a possible recession. But the key is to start preparing now so you’re in the best position with your money should a recession hit … Read more

“Buy Now, Pay Later” services could leave some Americans deep in debt

This worries economists and consumer advocates, who have little idea of ​​the erratic use of these services coupled with a lack of transparency Regulatory oversight, makes them wonder how much American debt really is. While other household debt, such as credit card spending and auto loans, are recorded and tracked by the Federal Reserve, Buy … Read more

GM reclaims top US sales from Toyota after losing 90 years

2024 Chevrolet Blazer EVpicture: General Motors The General has stolen first place from Toyota again, Stellantis is anticipating another poor production year in Italy and Jaguar has a new plan for the future: to be a Range Rover. All that and more in this Tuesday’s edition of The morning shift for July 5, 2022 1st … Read more

Texans face skyrocketing electric bills as the state exports more natural gas than ever

Sign up for The Brief, our daily newsletter keeping readers up-to-date with the most important news from Texas. Texans are seeing skyrocketing home utility bills this spring and summer, with many customers paying at least 50% more on utility bills than they did at this time last year. And nobody seems to know when the … Read more

Texans face skyrocketing electric bills as the state exports more natural gas than ever

Sign up for The Brief, our daily newsletter keeping readers up-to-date with the most important news from Texas. Texans are seeing skyrocketing home utility bills this spring and summer, with many customers paying at least 50% more on utility bills than they did at this time last year. And nobody seems to know when the … Read more

Stop using defense production law and antitrust law to fix government created problems

The Democrats in Washington have a problem, and it’s not because polls suggest they will be swept from power in Congress this November. They recognize that rapidly rising inflation combined with a mangled supply chain is keeping the economy listless. And yet the only solutions they seem capable of are employing the Defense Manufacturing Act … Read more

Understaffed hotels are hiring robots – and unions are pushing back

A fledgling array of robots have begun filling jobs in understaffed hotels — and work groups are sounding the alarm. A handful of hotels across the US — from the Mandarin Oriental in Boston to the Holiday Inn Express in Redwood City, California — have begun to turn to robots to provide guest services normally … Read more

Understaffed hotels are hiring robots – and unions are pushing back

A fledgling array of robots have begun filling jobs in understaffed hotels — and work groups are sounding the alarm. A handful of hotels across the US — from the Mandarin Oriental in Boston to the Holiday Inn Express in Redwood City, California — have begun to turn to robots to provide guest services normally … Read more

Stocks had nasty 6 months. The second half could also be ugly.

text size Fixed income markets are pricing in significant additional rate hikes this year, but earnings forecasts by some equity analysts remain optimistic. Michael Nagle/Bloomberg It was a first half destined to haunt investors. The past six months have historically been bad for stocks, bonds, cryptocurrencies, and virtually every other asset class outside of commodities. … Read more

A $1,000 monthly car payment is becoming more and more normal

photo: Spencer Platt (Getty Images) There’s another exciting new metric for how expensive cars are getting, Tesla’s global factory shutdowns are catching up and Renault and Nissan are already having to part ways. All that and more in this Friday edition of The morning shift for July 1, 2022. 1st course: a sign of the … Read more