The Russian government declared on Friday that it would reduce its oil production by half a million barrels per day starting next month in response to the western nations’ imposition of a price cap on its crude oil due to its involvement…
The stock market faced numerous hurdles in the year 2022 due to the impact of high inflation and rising interest rates. This resulted in the S&P 500 and the Nasdaq Composite falling into bear market territory, which led to widespread concern among…
Data breaches are incredibly common. In 2020, there were 1,108 data breaches in the U.S alone, with Equifax in 2017 and several popular sporting goods sites in late 2021 being some of the notable breaches. The U.S. Bank also had an incident…
Teaching children valuable financial lessons is important to help them establish good habits and make informed decisions later in life. Emphasizing earning money and saving is a key aspect of personal finance education. Most kids have to wait until their teenage years…
The COVID-19 pandemic has taken its toll on many industries, and the car market is no exception. Whether you’re in the market for a new or used car, the current market is nothing short of wild. New car inventory has been scarce…
Asian stock markets took off on Wednesday as traders hoped for the last Federal Reserve interest rate hike for some time. With US futures edging lower and oil prices gaining, the focus was on the Fed’s expected rate hike of 0.25 percentage…
The S&P 500 had a strong start to the year, with a 6.2% increase in January 2023. The rise is largely due to falling inflation and the Federal Reserve’s plans to slow its interest rate hikes. Here are the top three best-performing…
The world economy is predicted to face a recession in 2023, following the current inflation crisis. This will result in a brief period of shrinking economic growth, with interest rate hikes or reductions expected to come to a halt. However, there’s no…
Homeownership has long been considered a symbol of the American Dream, but is it right for everyone? With the cost of living continuing to rise, owning a home is becoming more and more difficult, especially for those who are young or still…
The European Union has announced a ban on imports of diesel fuel and other products produced from crude oil in Russian refineries. The ban will take effect on February 5th, following the E.U.’s embargo on coal and most oil from Russia. The…