Author: Lauren
Every generation has its own set of struggles to deal with, and it seems that the big one for Generation X is going to be retirement. Gen X has faced a unique set of challenges, making retirement harder to achieve than previously thought. Who Is Generation X? Source: Rolf Potts Generation X includes anyone born between the years of 1965 and 1980; those who played the first video games, loved Michael Jackson, and were just the right age to really appreciate the 90s. But while their upbringing may have been full of pop culture, now, when retirement is just around…
Gasoline prices in America vary drastically not only from year to year, but sometimes even every month. And as of December 12, 2023, the average price for a gallon of gas in the US is wildly low at $3.137. Although many people will surely smile when they see that low price tag, many are wondering why this is happening now. The Current Numbers Source: Chip Somodevilla/Getty Images AAA recently reported that at $3.137, gas by the gallon is 9 cents lower than it was November, 2023, and the lowest it’s been all year. They also noted that the gas supply…
The U.S. Federal Communications Commission, more commonly known as the FCC, recently confirmed its decision to deny SpaceX a $900 million subsidiary. Initially, SpaceX applied for the Rural Digital Opportunity Fund program in the hopes of receiving the $900 million to share their broadband service, Starlink, around the USA, but the FCC claims it doesn’t have what the program requires. The Rural Digital Opportunity Fund Program Source: FiberRise First and foremost, it’s vital to understand exactly what the Rural Digital Opportunity Fund, or the RDOF, is to grasp what’s happening between the FCC and SpaceX. And according to the program…
International financial systems typically work hand-in-hand to deal with debt in developing countries. However, China has recently made some decisions that many argue aren’t in the best interest of the countries themselves or the global community, and Wall Street is not happy. For Decades, the Western Powerhouses Have Controlled International Debt Source: Stephen Jaffe/IMF/Getty Images The International Monetary Fund has been the leading financial agency on the planet for more than 50 years. It is made up of 190 countries that work together to ensure the global economy functions as it should. However, China has decided to go rogue and…
Kevin O’Leary is known for his role on Shark Tank as an expert investor and financial guru. In a recent interview, O’Leary told his fellow Americans that even though inflation has settled down, the entire country will still need to “downsize” and be smart with their money if they want to stay out of debt. Let’s Talk Inflation Source: Mark Wilson/Getty Images In order to understand O’Leary’s advice, it’s first crucial to acknowledge the current inflation rates. According to the US Inflation Calculator, the current rate for the past 12 months is 3.1%. And while this number is significantly lower…
For years, the world has known that fossil fuels are undoubtedly a danger for the planet, but due to recent research, scientists know that they are causing immediate and irreparable damage. And at the UNFCCC COP28 Climate Conference this year, the U.N. and hundreds of other countries finally agreed, “It’s twilight for the fossil fuel era.” What Is the COP28? Source: Fadel Dawood/Getty Images The United Nations has hosted a climate change conference every year for the past thirteen years. In 2023, it was called the UNFCCC COP28 Climate Conference and it lasted more than two weeks. And this year,…
The SDG Impact Fund is a charity organization that claims to support the U.N. Sustainable Development Goals with its immense funding. However, the SDG’s assets increased from $238 million in 2020 to an almost unbelievable $10 billion in 2021, and people are starting to wonder what this organization is actually doing with the money. What is the SDG Impact Fund? Source: SDGImpactFund.org First, it’s important to understand what this organization actually is; the SDG Impact Fund is a donor-advised private foundation. These types of charities are not uncommon as they are popular among the wealthy and elite who are looking…
Depending on the type of lottery ticket, state, and how often they are purchased, the chances of winning millions differs quite a bit. But one man’s odds of winning what he did were an almost unbelievable one in twelve trillion. But it turned out he was one in twelve trillion as this New York man won not one, but two $10 million scratch tickets in the past year and a half. The Story of Wayne Murray Source: Pinterest In August of 2022, Wayne Murray walked into an H&A Gas & Convenience store in Brooklyn, New York and bought a Black…
Financial strategists recently announced that Apple will be the first company to ever be valued at $4 trillion. And it won’t take long for the famous tech company to break its own record; in fact, they estimate that Apple will surpass the $4 trillion mark by the end of 2024. Apple’s Current Value Source: Canva As of December, 2023, Apple shares are selling on the stock market for about $192 a share. And while the current market cap for Apple is $2.99 trillion, the mega company received a record-breaking valuation of $3 trillion earlier this year. Wedbush’s Professional Estimations Source:…
Most people are disappointed when a job doesn’t work out, but not everyone returns to their employers and destroys millions of dollars worth of inventory. But that’s exactly what one man did who worked at the Mercedes-Benz factory in Vitoria, Spain; he broke into the plant and completely annihilated more than 50 of the company’s vehicles with a front loader. The Vitoria Factory Source: Mercedes-Benz The scene of the crime was at the company’s plant in Vitoria, located in the Basque region of Spain. The plant specializes in manufacturing Mercedes-Benz vans, including the popular V-Class models, and is actually the…