Buck Bully
Business Articles
[MoneyWise] Dropping your kid off at college has long been a milestone for parents just as much as their teens. But is getting a degree going the way of bell bottoms, cable television and calling someone on the phone? With a strong economy and an excess of jobs with few […]
[Business Insider] Adidas is stuck with Yeezy stock worth about $530 million, the Financial Times reported. It is now trying to sell the items under its own brand name to reduce potential losses. Yeezy accounted for around 7% of Adidas sales this year, per the FT. Adidas is stuck with […]
[Businesa Insider, Getty Images] Nearly half of US young adults are living at home — a high not seen since the Great Depression. They are helping fuel a luxury boom, Morgan Stanley analysts said. Living at home is freeing up their budgets and leaving them with more disposable income for […]
[MoneyWise] Bank of England recently bought £19.3 billion of U.K. government bonds to prevent a collapse in the country’s pension industry. In the eyes of Rich Dad, Poor Dad author Robert Kiyosaki, that’s a sign to acquire three specific alternative assets. “Bank of England pivot means buy more GSBC,” he […]
[Fortune, AP] The dollar is up 18% this year and last month hit a 20-year high, according to the benchmark ICE U.S. Dollar Index, which measures the dollar against a basket of key currencies. The cost of living in Cairo has soared so much that security guard Mustafa Gamal had to send […]
[CNN Business] Stubborn inflation and the Federal Reserve’s jumbo-sized interest rate hikes will drive the American economy into a 1990-style mild recession starting in the spring, Fitch Ratings warned on Tuesday. In a report obtained first by CNN, Fitch slashed its US growth forecasts for this year and next because of one of the […]
[CNBC] KEY POINTS Job openings in August totaled 10.05 million, a 10% drop from the 11.17 million reported in July and more than a million less than expected. The Job Openings and Labor Turnover numbers are watched closely by the Federal Reserve, which is trying to reverse runaway inflation that […]
[CNBC, Getty Images] KEY POINTS If you’re feeling unsteady amid stock market volatility, high inflation and rising interest rates, you may wonder how much cash you really need to have handy. Experts may suggest three months, six months or one year of expenses, depending on your situation. If you’re feeling […]
[Fortune, Bloomberg/Getty Images] The company performed well in Q2, providing hope that the broader economy is strong. Americans bought less stuff and spent more on services like travel and recreation coming out of the pandemic, catching major retailers off guard at the start of this year. Now with the threat of a […]
[Business Insider, Getty Images] Over 30,000 tech workers have lost their job as of July. Insider spoke to employees from Tesla to Coinbase to hear their stories. These are their stories of the personal and economic toll of layoffs in the industry. According to the latest data from the US […]