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Category: Money

Wall Street prepares to bid “gloomy” and “mournful” farewell to the year

Wall Street prepares to bid “gloomy” and “mournful” farewell to the year

The New York Stock Exchange ended a hesitant session down Wednesday, where bond yields rose, with the market unprotected at the end of a very gloomy year for stock markets. The session’s definitive results indicate that the Dow Jones Industrial Average selective index retreated 1.10%, the Nasdaq tech lost 1.35% and the broader S&P500 depreciated […]

December 28, 2022
by Curtis Williams
Inflation eased to 8.2% but remained high in September, CPI report shows

Inflation eased to 8.2% but remained high in September, CPI report shows

Inflation continued to drift a bit lower last month but the descent from historic highs remains painfully slow and a key measure set a new 40-year record. Consumer prices increased 8.2% from a year earlier, down from an 8.3% rise in August and a four-decade high of 9.1% in June, as climbing food and rent […]

October 13, 2022
by Curtis Williams
Epic photos show Ohio waterfront castle-esque home that cost $6 million to build

Epic photos show Ohio waterfront castle-esque home that cost $6 million to build

Bradley Delp said he spent close to $6 million on construction over four years to build a glamorous waterfront castle with 18 rooms in Rossford, Ohio.

June 11, 2022June 11, 2022
by Kevin Ellington Mingus
Revenge spending may keep the economy chugging along

Revenge spending may keep the economy chugging along

Now that some mask and vaccine mandates are being lifted, consumers seem ready to spend on travel and other leisure experiences. Call it the “revenge spending” phenomenon.

April 22, 2022April 22, 2022
by Paul Fix

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