Inflation continued its unexpected rise in March, with consumer prices increasing by 3.5% compared to a year ago, according to data from the U.S. Bureau of Labor Statistics. This marked an acceleration from February’s rate and reversed some progress made in reducing inflation over the past two years. The primary drivers of inflation were housing…
Many businesses and individuals have left California. They thought that leaving the state would rid them of high taxes. Such wishful thinking may soon be a thing of the past. Some big names may be affected by Assembly Bill 259. The list already includes some fortune 500 companies but it is rumored Wells Fargo may…
With Wells Fargo expected to have its Texas 850,000 square foot campus complete sometime this year, it is expected by some that they may be the next Fortune 500 company to leave the golden state. In the last three years alone the following companies left California for greener pastures in states that have more favorable…
In a surprise move, tech behemoth Apple announced it will lay off over 600 employees in California, marking the company’s first major post-pandemic job cuts. The impacted workers come from eight offices in Santa Clara County and were notified of the impending terminations on March 28, with the layoffs set to take effect on May…
The U.S. labor market delivered a strong performance in March with job growth exceeding expectations and wages remaining steady, suggesting that the economy ended the first quarter on solid ground and potentially delaying anticipated Federal Reserve interest rate cuts this year. According to the Labor Department’s employment report released on Friday, nonfarm payrolls increased by…
In one of the biggest money thefts ever seen in Los Angeles, thieves stole around $30 million during a burglary on Easter Sunday at a money storage place in the San Fernando Valley, according to a top official from the Los Angeles Police Department (LAPD). The burglary happened late on Sunday at a place in…
FedEx announced it plans to merge FedEx Ground and FedEx Express by June 2024. To understand the broad implications of this move it is necessary to understand how FedEx currently handles packages. Fed Ex has four primary divisions in its workforce of which only one is unionized. FedEx Pilots are unionized. FedEx Freight (Semi truck…
Home insurance rates in the United States are set to reach unprecedented levels in 2024, largely due to the impacts of climate change. According to Insurify, a leading insurance comparison platform, the average annual premium is expected to climb to $2,522 by the end of this year, marking a 6 percent increase from the previous…
Most intelligent financial advisors will tell you that vehicles are a very poor investment. The featured image is of a 3rd generation Toyota 4 runner. Clean examples have been auctioning off recently for more than the original MSRP sticker price of $30,000. Why? The answer is a lot simpler than you might think. All collectable…
When it comes to shopping, timing can be everything. Buying items in the off-season, when demand is lower, can save you a significant amount of money. This holds true for both new and second hand items such as purchases from classified ads or Craigslist. Here are ten items, starting from the most expensive to the…
