Tag Archives: earning

‘Not living their life to impress others’: Here are the top car brands that rich Americans earning more than $200K drive most — and why you should too If money is no object, what car would you drive? Mercedes, Bentley, or perhaps the prancing horse from Maranello? Those are what we think of as “rich people cars.” But reality is a bit different. Don’t miss Toyotas, Hondas, and Fords? According to a study by Experian Automotive, a lot of wealthy folks simply don’t drive fancy cars. The… Source link

Nearly half of Americans earning more than $100K now report living paycheck to paycheck — here are the consequences Americans are still grappling with high inflation — the consumer price index was 8.3% in August — and even the wealthy are teetering on the edge. About 6-in-10 Americans were living paycheck to paycheck in August, according to a recent report produced by commerce data platform PYMNTS and personal loans website LendingClub. And even those who earn six-figure incomes are… Source link

Whether hot inflation persists or we’re heading towards a bear market, Suze Orman, personal finance expert, says you should still lean on stocks for the long haul. “Over the long-term stocks have produced the best gains after factoring in inflation,” writes Orman in a blog post. “Bonds and cash struggle to keep pace with inflation; only stocks have a track record of earning more than inflation.” Orman’s advice is sound. But some areas of the stock market perform better than others… Source link

The logo for Google LLC is seen at the Google Store Chelsea in Manhattan, New York City, U.S., November 17, 2021. REUTERS/Andrew Kelly/File Photo Register now for FREE unlimited access to Reuters.com Register Feb 26 (Reuters) – Alphabet Inc’s (GOOGL.O) Google barred on Saturday Russia’s state-owned media outlet RT and other channels from receiving money for ads on their websites, apps and YouTube videos, similar to a move by Facebook after the invasion of Ukraine. Citing “extraordinary… Source link

(Bloomberg) — Supply Lines is a daily newsletter that tracks trade and supply chains disrupted by the pandemic. Sign up here. The global shipping industry is getting its biggest payday since 2008 as the combination of booming demand for goods and a global supply chain that’s collapsing under the weight of Covid-19 drives freight prices ever higher. Whether its giant container ships stacked high with of 40-foot steel boxes, bulk carriers whose cavernous holds house thousands of tons of coal,… Source link

Homebuyer sentiment is plummeting amid America’s housing affordability crisis. The red-hot market which has seen housing prices rise at a record pace is not keeping up with the incomes of millions of working Americans. According to Google, the question “when is the housing market going to crash?” has been trending in search, up 2,450% in March, as Americans have been reckoning with the housing affordability crisis. The median household income was $68,703 in 2019, according to the Census… Source link

IBM (IBM) is already trying to get investors excited about 2022 despite only being 22 days into 2021. And that’s not exactly great news to investors in the here and now, many who have bought early into the turnaround story pitched by new IBM CEO Arvind Krishna. Shares of Big Blue tanked more than 8% in early Friday trading following a lackluster fourth quarter on most fronts. Despite company executives trying to suggest better times are ahead in 2022 (the year was mentioned by executives 10… Source link