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Welcome to the Weekly Scan. Here’s what we’re following for the week of May 23, 2022. Missing the Target. Earnings reports from big retailers including Walmart and Target showed that supply-chain issues are cutting into profits.Target reported that its profits fell 52% in the first quarter of 2022, and the company’s share price decreased 25% […]
The Weekly Scan May 23, 2022 Read More »
Welcome to the Weekly Scan. Here’s what we’re following for the week of May 16, 2022. The debt digest. Household debt in the U.S. totaled a record $15.84 trillion in the first quarter of 2022,, according to a household debt report released by the Federal Reserve Bank of New York. Although it was the smallest
The Weekly Scan May 16, 2022 Read More »
Welcome to the Weekly Scan. Here’s what we’re following for the week of March 7, 2022. SOTU economics. President Biden’s annual State of the Union speech last week focused on key issues facing the U.S. and the world, including: The war in Ukraine. Biden emphasized the importance of democracy against autocracy, while also emphasizing that
The Weekly Scan March 7, 2022 Read More »
Both the New York Stock Exchange (NYSE) and the Nasdaq have temporarily halted trading of Russian-related securities this week. The trading interruption is in response to sanctions of the U.S. and other nations on Russia as a result of the war in Ukraine. Trading halts may occur due to major news, for technical reasons, or
Why Key Exchanges are Halting Trading of Russian Securities Read More »
Welcome to the Weekly Scan. Here’s what we’re following for the week of February 28, 2022. War in Ukraine. Markets tumbled late last week as Russia invaded Ukraine, and Western and Asian nations enacted economic sanctions against Russia for its unprovoked attack. The sanctions include blocking technology exports, freezing financial assets, and preventing large state-owned
The Weekly Scan February 28, 2022 Read More »
Welcome to the Weekly Scan. Here’s what we’re following for the week of February 21, 2022. Remington’s settlement. Nine families of the people killed during the 2012 shooting at Sandy Hook Elementary School reached a $73 million settlement with Remington Arms Co., manufacturer of the gun used to kill 20 students and six staff members.
The Weekly Scan February 21, 2022 Read More »
As we’ve entered 2022 and the pandemic is still upon us, a lot of Minters are asking, “What do I need to know about what’s happening in the economy and stock market, and how does it all affect my finances?” When investing, whether it is in real estate, the stock market, or crypto market, it
What You Need to Know to Get Through This Volatile Financial Time Read More »
Welcome to the Weekly Scan. Here’s what we’re following for the week of February 7, 2022. Dirty thirty. The nation’s total debt reached a record $30 trillion in February. Increased federal spending to combat the economic fallout of the Covid-19 pandemic is thought to have contributed to reaching the milestone years earlier than anticipated. The
The Weekly Scan February 7, 2022 Read More »
Welcome to the Weekly Scan. Here’s what we’re following for the week of January 17, 2022. Overruled. The Supreme Court overturned a Biden administration mandate for Covid-19 testing and vaccines for workers at large businesses. The court decided last week that the rule represented an overreach by the Occupational Safety and Health Administration (OSHA), the
The Weekly Scan January 17, 2022 Read More »
A savings surge caused by the Covid-19 pandemic is reportedly turning into a slump. Median household checking account balances have fallen since the last stimulus payments that went out in the spring of 2021, according to Moody’s Analytics. Over the last few months, as Covid-19 vaccines have rolled out, people have started returning to work
What Happens When Stimulus Money Runs Out? Read More »
Check out Stash’s initial public offering (IPO) calendar, which includes public offerings from the past month, as well as offerings expected in the next 15 days. We’ve included companies with a market cap of $500 million or more. These might be available on Stash’s platform once they trade on the stock market.* We’ll update this
Stash’s December 2021 IPO Calendar Read More »
Welcome to the Weekly Scan. Here’s what we’re following for the week of December 6, 2021. Good for now? Congress reached a budget deal, called a stopgap spending bill, that will keep the government funded through mid-February, 2022. The bill, passed in both the House of Representatives and Senate on December 2, 2021, will maintain
The Weekly Scan December 6, 2021 Read More »
Welcome to the Weekly Scan. Here’s what we’re following for the week of November 29, 2021. Variant of concern. News of Omicron, the variant that could potentially evade the Covid-19 vaccine, caused major U.S. indexes to fall between 2.0% and 3.5% on Friday—due to concerns that it may interrupt the current global economic recovery. The
The Weekly Scan November 29, 2021 Read More »
Black Friday and Cyber Monday, two of the biggest shopping days of the year, are just around the corner. These are the days immediately following Thanksgiving, when consumers typically do the majority of their holiday shopping. In 2020, holiday shopping arrived while the Covid-19 pandemic was in full swing, and before the widespread rollout of
5 Tips for Saving Money on Black Friday and Cyber Monday Read More »
Welcome to the Weekly Scan. Here’s what we’re following for the week of November 22, 2021. Closing its doors. Pharmacy chain CVS will shutter 900 stores over the next three years. Meanwhile, CVS will add health services such as diagnostic testing, mental-health services, and hearing exams at the remaining locations. The company has added dozens
The Weekly Scan November 22, 2021 Read More »
Welcome to the Weekly Scan. Here’s what we’re following for the week of November 8, 2021. Ask the audience. Elon Musk sold roughly $5 billion worth of Tesla stock last week, reportedly to cover tax withholdings for stock options. Before doing so, Musk polled Twitter users about whether he should sell 10% of his holdings
The Weekly Scan November 15, 2021 Read More »
Want to get paid handsomely while being your own boss? Rake in thousands of dollars each week? You don’t even need any skills, and won’t even have to leave your home! If it sounds too good to be true, then it probably is. Plenty of people are still out of work and looking for ways
How to Avoid Work-From-Home Scams Read More »
Welcome to the Weekly Scan. Here’s what we’re following for the week of November 8, 2021. Flipping the script. Online real estate platform Zillow announced last week that it will close down its house-flipping business known as Offers, and lay off 25% of its workforce. Zillow used Offers to purchase homes and handle repairs, such
The Weekly Scan November 8, 2021 Read More »
Check out Stash’s initial public offering (IPO) calendar, which includes public offerings from the past month, as well as offerings expected in the next 15 days. We’ve included companies with a market cap of $500 million or more. These might be available on Stash’s platform once they trade on the stock market.* We’ll update this
Stash’s November 2021 IPO Calendar Read More »
Colder weather is coming, which means it’s time to start thinking about holiday shopping. But shoppers are treading cautiously this year, and they may not be rushing to open their wallets just yet. This holiday season, a whopping 80% of shoppers said they plan to spend the same amount or less than they did in
Gen Z’s 2021 Holiday Spending Outlook Read More »
