Obama made one of history’s greatest stock market calls 9 years ago
By Akin Oyedele From Business Insider The stock market fell to its lowest level of the recession nine years ago on March 6, 2009. Days earlier, Obama said, “What you’re now seeing is profit-and-earnings ratios are starting to get to…
Americans aren’t having children and it might help the economy
BY JESSICA KWONG From Newsweek Americans are having fewer children and it might be a good thing for the economy—according to a study by a nonprofit called Negative Population Growth, Inc. Between 2007, which was the year before the Great…
One eye-popping chart explains the state of retail jobs
By Elena Holodny From Business Insider Retail has seen quite the shake-up amid the rise of Amazon and other online distributors. The demand for “traditional” retail jobs — such as cashiers in malls — is drying up as companies continue to…
Prices for collector cars are plummeting
By Wolf Richter, Wolf Street From Business Insider Prices of collector cars fell again, according to the April report byHagerty, which specializes in insuring vintage automobiles. After a tremendous price surge that peaked in 2015, they’ve been ratcheting their way…
America has 323 million credit cards — enough for every person in the US
By Michael Douglass, The Motley Fool From Business Insider We all know how dangerous credit cards can be. They lure you in with seductive offers, and then — if you’re not careful — you can get hooked, and end up…
The rise of reloadable prepaid cards could affect the way millennials approach banking
By Evan Bakker, BI Intelligence From Business Insider Prepaid cards were originally targeted at consumers with minimal access to financing or bank accounts. However, the appeal of these cards has broadened, attracting traditional banking customers as well. This is because…
