End of Week Financial News – 5/31
First Quarter 2024 GDP Results The Bureau of Economic Analysis (BEA) released its real gross domestic product report yesterday, May 30th. There was a small 1.6% increase in the real GDP for Q1 2024. The…
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First Quarter 2024 GDP Results The Bureau of Economic Analysis (BEA) released its real gross domestic product report yesterday, May 30th. There was a small 1.6% increase in the real GDP for Q1 2024. The…
A 401k can be a vital piece to your financial future and make positive impacts on tax implications each year. However, many workers in their early 20’s may not know they were receiving a 401(k)…
Basic Terms Budget – Budgets usually refer to a list of income and expenses for any individual or organization (individual, family, company, government, etc.). A budget can be made before a financial term to show…
In today’s world, everyone is looking for ways to create additional income streams whether it be through passive income, side hustles, or jumping in on the latest crypto craze. If you have explored stocks for…
Red Lobster to Close Several Locations On May 19th, Red Lobster announced it was voluntarily filing for Chapter 11. At the time the restaurant stated that “Rob Lobster’s restaurant will remain open and operating as…
Market Ups and Downs for the Week This week has been a rollercoaster for the stock market, with the Dow Jones Industrial Average (DJI) opening the week at $39,989 and hitting a high Monday morning…
One popular options trading strategy is something called a “Covered Call”. This is where you short a call, but you own the stock for which the option is written. Normally if you were to short…
Being unemployed is something that millions go through each year. Some of us are lucky enough to have small stints of unemployment, while some of us are stuck there for months or even years. While…
I grew up in a lower to middle-class family, was raised to never talk/ask about money, and was never taught how to balance a checkbook. The one thing I was taught about finances though was…
Over the last several months, McDonald’s has continually drawn ire from consumers and media outlets over its increase in prices. We’ve heard stories of $7 Egg McMuffins and $18 Big Mac meals, all while McDonald’s…