When Natasha Craft first got a Yotta banking account in 2021, she loved using it so much she told her friends to sign up. The app made saving money fun and easy, and Craft, a now 25-year-old FedEx driver from Mishawaka, Indiana, was busy getting her financial life in order and planning a wedding.…
DETROIT — General Motors reported its best quarterly sales in more than three years, including notable increases in full-size pickup trucks and all-electric vehicles. The Detroit automaker on Tuesday reported sales of 696,086 for the second quarter, up 0.6% from a year earlier and its highest quarterly units sold since the fourth quarter…
Although the unemployment rate has spent 30 months at or below below 4% — a near record — not everyone who wants a job has one. And not everyone even wants a job at all. Some, referred to as “NEETs,” which stands for “not in employment, education, or training,” are opting out of the labor force…
Good morning and welcome to this week’s Flight Path. “Go” bars were the order of the week again for U.S. equities and the end of the week saw a return to strong blue bars. Treasury bond prices also were able to maintain “Go” bars but ended the week showing weakness. U.S. commodity…
Today’s DP Trading Room was jam packed! The lead story is definitely the fact that deflation is another possibility that many are not talking about. We don’t know if it will be the final outcome, but we have a link that discusses this possibility: https://hoisington.com/economic_overview.html Carl also covered the market…
In this edition of StockCharts TV‘s The Final Bar, available to watch below, Dave lays out the strong seasonal pattern for the S&P 500 in July, highlights the breakouts in AAPL and TSLA, shares the painful breakdowns in MGM, WM and CCL, and addresses the sudden rise in interest rates. This video…
Former Harlem Congressman Charles Rangel — who is 94 years old — wondered whether President Biden belongs in a nursing home instead of the White House following last week’s debate disaster. ‘I have never been more shocked and embarrassed by any presidential debate than I was last Thursday,’ Rangel, who…
A poll released by CBS News on Sunday found that more voters have doubts about President Biden’s cognitive abilities after Thursday’s presidential debate. The poll, which was conducted between Friday and Saturday, found that 18% of voters thought Biden’s debate performance inspired confidence, while 44% believed that former President Trump’s…
A group of House Republicans are pushing for new legislation to force colleges to be transparent about their policies regarding campus protests and whether that guidance is being followed correctly. Rep. Jim Banks, R-Ind., and House GOP Conference Chair Elise Stefanik, R-N.Y., introduced a bill called the No Tax Dollars…
Adm. Rachel Levine — a transgender assistant secretary for health in the Biden administration — has long been among the most extreme of the gender extremists in American public life, but new documents reveal she’s even more fringe than we knew. Levine got wind that World Professional Association for Transgender…