Category: Stock Market
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Politicians Can’t Do Much About High Oil Prices
The price of oil is surging, and so is the debate over what is causing the fastest runup in recent memory. As we approach the midterm elections, candidates and the broader media will continue to discuss gas prices and inflation. What has caused the surge in oil prices, and can policymakers do anything about it?…
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401(k) Down? Blame Facebook
Facebook (I still refuse to call it Meta) has had a rough few months. Its stock has fallen over 40% since November. That is a phenomenal drop, especially for a company in the top ten of the S&P 500 Index. The size of Facebook and its plummet have helped drag the S&P 500 Index down…
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What’s Going on in the Markets?
Markets are off to a pretty rough start this year. The slide started around the end of November. Markets began to run out of steam with the Federal Reserve’s looming policy shift. The S&P 500 is down over 6% from the beginning of November, and the technology-heavy Nasdaq is down over 12%. Some of the…