Recessions are an inevitable part of the market cycle, and there’s no denying that they can be scary for consultants and the businesses they work with. Regardless of the size of the business, a recession can pose a serious financial risk. As consumer spending declines, so too will companies’ revenue and profit. This can create a…
7 Ways Entrepreneurs Can Inject New Capital Into Their Business During a Recession
Closing Prices for Crude Oil, Gold and Other Commodities (Sept. 16)
Benchmark U.S. crude oil for October delivery rose 1 cent to $85.11 a barrel Friday. Brent crude for November delivery rose 51 cents to $91.35 a barrel. Wholesale gasoline for October delivery fell 1 cent to $2.42 a gallon. October heating oil fell 4 cents to $3.17 a gallon. October natural gas fell 56 cents…
How Major US Stock Indexes Fared Friday Sept. 16, 2022
Stocks fell broadly on Wall Street, leaving the market with another week of sizable losses, as a stark warning from FedEx about rapidly worsening trends in the economy gave investors more to worry about. The S&P 500 fell 0.7 percent Friday. The Nasdaq lost almost 1 percent and the Dow lost almost half a percent….
‘Magic Money’ Is Your Money
If you read no further than this first paragraph, in which I ask the rhetorical question, “Who pays?”—that is to say, who pays for the various Biden administration programs, whether it be student debt forgiveness, the Green New Deal, inflation, aid to Ukraine, or pandemic relief payments?—the answer is always the same: you do. If…
Investor Exodus and the Continued Increase of Housing Inventory
Wall street investors are selling homes at big losses into an already struggling U.S. housing market. One online company that is having difficulties due to the current housing trends is Opendoor Technologies. Opendoor is a prominent player in the selling and buying of housing inventory through an online resale process once the property has been…
Closing Prices for Crude Oil, Gold and Other Commodities (Sept. 15)
Benchmark U.S. crude oil for October delivery fell $3.38 to $85.10 a barrel Thursday. Brent crude for November delivery fell $3.26 to $90.84 a barrel. Wholesale gasoline for October delivery fell 9 cents to $2.43 a gallon. October heating oil fell 17 cents to $3.21 a gallon. October natural gas fell 79 cents to $8.32…
How Major US Stock Indexes Fared Thursday Sept. 15, 2022
Stocks closed lower on Wall Street, putting major indexes deeper in the red for the week. The S&P 500 fell 1.1 percent on Thursday. The benchmark index is down for the week following the biggest pullback for the market in more than two years on Tuesday. Railroad operators were mostly higher after a tentative labor…
Homebuilders and Investors Are Feeling the Intensity of the Struggling Housing Market
Homebuilders are slowing down construction due to the struggling housing market. According to the U.S. Census Bureau, the sale of newly built homes has dropped to a five-year low, at around 511,000 for the month of July. The July census data also show that new homes actively under construction are at about 839,000, which would make…
Ask Kip: Answers to Frequently Asked I Bond Questions
By Lisa Gerstner From Kiplinger’s Personal Finance Q: I see that U.S. Series I Savings Bonds are currently paying a rate of paying 9.62 percent. How is the interest rate determined? A: The composite rate has two parts: a fixed rate, which remains the same for the life of the bond, and an inflation rate,…
How major US stock indexes fared Wednesday Sept. 14, 2022
Stocks closed modestly higher on Wall Street after a day of veering between gains and losses. The tentative trading came a day after the market’s worst drop in two years, which was set off by fears that higher interest rates could cause a recession. The S&P 500 added 0.3 percent Wednesday. The Dow Jones Industrial…
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