business

The S&P 500 Logged a Rare and Grim Milestone This Week

Recession fears overtook the S&P 500 a day after the Fed meeting, reversing gains seen midweek. The S&P 500 has been higher only 43.5% of all trading days in 2022, a gloomy marker, according to Bespoke Investment Group. Meanwhile, it said the Fed is facing a “policy error” in focusing on headline inflation that’s swayed …

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Crypto Miners, Not Gamers, Were The Primary Buyers of Graphics Cards Since 2021, Almost $15 Billion Worth of GPU Sales Reported

Crypto mining is fading away but there’s no doubt that it has been a curse for the entire PC gaming segment as miners were the main force in driving GPU sales to $15 Billion since the start of the last phase. Crypto Miners Spend $15 Billion on GPU Units During The Last Mining Craze But …

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$900 fill-up: High gas prices hit RV drivers more than most

Washington, D.C. CNN Business — Gas prices may be skyrocketingbut Americans still love them RV’s despite the fact that they often get 10 mpg — or less. VR popularity boomed during the pandemic as travelers looked for safe ways to travel while maintaining social distance. Americans continue to turn to RVs even as they’ve grown …

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Higher interest rates are here, and that makes these vanilla investments compelling

For investors who are weary of this year’s volatility in stocks and bonds, a stable corner of finance is starting to look enticing. The Federal Reserve just hiked interest rates by 0.75 percentage point, and Fed Chair Jerome Powell has suggested a similar increase could be ahead in July. Recession fears have also put investors …

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Will Social Security recipients in the US receive an extra $200 a month?

Inflation not seen in four decades is taking a bite out of American household finances. None feel this more acutely than those who receive Social Security benefits. The shortfall, however, is not new and has been growing over several decades. At the same time though, if nothing is done in Congress, Social Security beneficiaries could …

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Target Is Slashing Prices to Get Rid of Excess Inventory, and You Could Score Big Deals

Image source: Getty Images Target is marking down prices for some products, which could be a win for your wallet. key points Target is looking to eliminate extra inventory and will mark down some product prices to encourage shoppers to clear the shelves. You may be able to get some items at a discounted price. …

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We’re Sorry, But We Can’t Return Your Money Right Now: Crypto Market Talk

Cryptos excruciating week has traders bracing for next crisis It was one of the most dramatic weeks in the short history of the cryptocurrency market, bookended by the type of announcements investors fear the most from a counterparty: We’re sorry, but we just can’t return your money right now. In between, a nascent technocratic industry …

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This Influencer Quit Her Big Four Job to Create Content Full-Time

Tanvi Shah increased her Instagram following from 5,000 to more than 38,000 in about three years. The 26-year-old decided to leave her Big Four firm job after realizing she could earn just as much. Shah said the corporate world affected her mental health and her job satisfaction is now higher. loading Something is loading. When …

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