Image source: Getty Images It’s not so easy being self-employed. But you can take steps to work through the challenges you encounter. Key points Being a freelance worker can be a mixed bag. There are ways to cope with common pitfalls freelancers end up facing. Some people make the decision to go freelance because they …
These Are Freelancers’ 6 Biggest Challenges — and How to Overcome Them Read More »
Sam Bankman-Fried reportedly held 4 meetings with members of President Joe Biden’s cabinet in 2022 before his FTX empire collapsed, leading to his arrest on federal fraud charges. The disgraced “Crypto King,” who is at the center of one of the largest financial frauds in US history, sat down with senior White House advisor Steve …
Sam Bankman-Fried Met With White House Staff Before His Fraud Arrest Read More »
Even when the economy turns ugly, consumers still need to buy the basic products that consumer staples companies sell. This is why the sector is seen as defensive, a fact that is attracting investors right now. Notice how the Vanguard Consumer Staples ETF is only down around 3% so far in 2022, while the S&P …
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The US economy heads into 2023 facing what might be the most anticipated recession in history. After all, everyone knows a contraction is coming. Following a year spent fighting runaway inflation that resulted in the Federal Reserve jacking up interest rates to slow the economy, there’s really no alternative. Consumers are retrenching, companies are announcing …
Here’s how the US economy could escape a decline in 2023 Read More »
This has been the year of reckoning for Big Tech stocks — even those of companies that have continued to grow sales by double digits. Below is a list of the 20 stocks in the S&P 500 SPX that have declined the most in 2022. First, here’s how the 11 sectors of the benchmark index …
Gold futures were little changed on Friday as the yellow metal set to finish 2022 looked just shy of a six-month high. Price action Gold for February GCG23, -0.14% delivery was off 0.1% at $1,824 an ounce on Comex. March silver SIH23, -1.15% shed 33 cents, or 1.4%, to $23.925 an ounce. Palladium for March …
Andreipopov | stock | Getty Images Layoffs this year have been mostly limited to the hardest-hit sectors of the economy, especially tech. But depending on your industry, you might find yourself face-to-face with a layoff if the economy slows more drastically in 2023, and it’s not always clear what you should expect from a soon-to-be-former …
Here’s how to know if your company’s layoff policy is a ‘good’ one Read More »
NEW YORK, Dec 30 (Reuters) – Just over half of the 50 US states are exhibiting signs of slowing economic activity, breaching a key threshold that often signals a recession is in the offing, new research from the St. Louis Federal Reserve Bank report said. That report, released Wednesday, followed another report from the San …
New Fed research flags rising risk of US recession Read More »
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If current economic trends stay in place, 2022 will end up as a year in which danger flared, alarms blared, and emergency intervention did just enough to prevent disaster. The biggest economic story of 2022 was inflation. It peaked at 9.1% in June, the same month gasoline prices hit $5.02 per gallon. Inflation has been …