One-percenters keep shopping at the Dollar Store
That Mercedes in the dollar-store parking lot isn’t an illusion. High-earners joined the rest of the country in flooding discount...
News by FinTech Collective
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What the $1.3 Billion Mega Millions Jackpot Reveals About the Economy
Two things tend to boost lottery-ticket sales: massive jackpots and economic downturns. Last week, the US had both with the Commerce...
Stimulus cheques drive record increase in US personal incomes
US household incomes last month surged by the most on record, boosted by a fiscal stimulus that also drove a sharp increase in...
‘There is no alternative’ — stocks’ long-running ‘TINA’ advantage could be ending, worrying traders
Will March be the death of the “TINA” trade? February started with the reflation trade and ended with a bond market rout that scrambled...
The stock market’s gains for 2021 have nearly been wiped out
Stocks began their slide following comments from Fed Chairman Jerome Powell, who was speaking at a Wall Street Journal event. “Today...
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