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Babbal Rai

Opinion: Dropping Prices, Rising Wages and Strong Jobs Show President Biden’s Policies are Working.

Economy SignPhoto by(EconsGrowth) The U.S. economy is a colossus and trying to get it to move is a massive undertaking. The U.S. remains by far the largest economy in the world with a GDP (in 2019) of $21.43T or 24.42% of the entire globe. The previous administration saddled the U.S. with massive deficit spending. By the end of his term, President Trump was estimated to have added $6.6 trillion in deficits, a 33% increase.

Roth 401k vs 401k for high earners

Roth 401k vs 401k for high earners – what is the difference between the two and when should you worry about it?. I remember the day when I finally made enough money and had paid off enough debt to fully maximize both my wife’s and my’s 401k contributions. I then started to wonder how much should I put into a Roth 401k or if should I leave it as a Traditional 401k.
NBC News

Bipartisan duo makes last-minute push for immigration deal

WASHINGTON — A bipartisan Senate duo has launched a last-minute push to enact immigration reform before the end of the year. Sens. Kyrsten Sinema, D-Ariz., and Thom Tillis, R-N.C., have been sharing with colleagues what they are calling a “draft framework” that includes $25 billion to beef up border security in exchange for a pathway to citizenship for roughly 2 million “Dreamers,” young, undocumented immigrants who were brought to the U.S. by their parents, according to a Senate aide familiar with the effort.

What's Going On With Netflix Shares

Shares of several growth stocks, including Netflix Inc NFLX, are trading lower going into the close of Monday's session amid overall market weakness after recent economic data raised concerns over further Fed rate hikes, which could negatively impact consumer spending on non-essential items. Companies in the broader consumer discretionary sector are also lower following reduced guidance from VF Corp.

Sam Bankman-Fried Slams New FTX CEO, Calls John Ray's Testimony 'False'

Slamming new FTX CEO John J Ray III for his testimony on FTX's poor record-keeping and unreliable financial data, the exchange’s founder Sam Bankman-Fried said Ray's statements put in legal records were “false.”. Ray, a restructuring expert, testified in a bankruptcy case on Nov. 17. FTX FTT/USD had...

21 Shocking, Surprising, And Downright Unforgettable Things I Learned This Week

If you've ever heard that the fast food chain Wendy's is named after founder Dave Thomas' daughter, then you'd be right. But you also might be shocked to find that his daughter's name isn't even Wendy! Thomas' daughter's actual name is Melinda Lou Thomas. Her siblings allegedly had a difficult time pronouncing her name, so they called her "Wenda" instead, thus leading to the name "Wendy" for the restaurant.