plunged

The personal savings of Americans have plunged to a shockingly low $626 billion — from $4.85 trillion in 2020. Here are 3 easy ways to buck that dangerous downtrend

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The personal savings of Americans have plunged to a shockingly low $626 billion — from $4.85 trillion in 2020. Here are 3 easy ways to buck that dangerous downtrend When Americans were receiving stimulus checks from the government during the early days of the pandemic, they were able to save quite a bit of money. … Read more

The average 401(k) balance plunged a nasty $29,000 over the past year — but these 3 large-cap stocks have protected investors from the pain (and could do it again in 2023)

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The average 401(k) balance plunged a nasty $29,000 over the past year — but these 3 large-cap stocks have protected investors from the pain (and could do it again in 2023) 2022 continues to deliver a blunt reality check to stock market investors. According to financial services giant Fidelity, the average 401(k) balance dropped from … Read more

UN: Taliban has plunged Afghanistan into ‘dire’ conditions

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The U.N. General Assembly adopted a resolution Thursday accusing the Taliban of violating the human rights of Afghan women and girls, failing to establish a representative government, and plunging the country into “dire economic, humanitarian and social conditions.” The resolution also pointed to persistent violence in the country since the Taliban takeover 15 months ago … Read more

Meta’s value has plunged by $700 billion. Wall Street calls it a “train wreck.”

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Facebook parent Meta Platforms is making a huge investment in virtual reality, but its actual reality is looking like a real disaster.  Meta shares tumbled 24% on Thursday to its lowest level in nearly four years following an earnings report that one Wall Street analyst described as a “train wreck.” It’s a far cry from … Read more

Why did Cleveland-Cliffs shares sink today? Q3 profit plunged nearly 90% (NYSE:CLF)

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Taitai6769/iStock via Getty Images Cleveland-Cliffs (NYSE:CLF) closed 8% lower Tuesday after reporting plunging Q3 profits and rising costs while failing to ease concerns that steel demand is in free-fall. Benchmark prices for steel in the U.S. have been nearly cut in half since January as strong inflation and weak demand hurt an industry that skyrocketing … Read more

US home sales, listings both plunged over 20% in September — the biggest drop since the start of the pandemic. But houses are still getting pricier. Here’s how

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US home sales, listings both plunged over 20% in September — the biggest drop since the start of the pandemic. But houses are still getting pricier. Here’s how The housing market slowdown continued in a big way in September, according to the latest data from real estate brokerage Redfin. Both the sales of houses and … Read more

Used car prices just plunged 10% over the past year — here are the market segments that fell the furthest

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Used car prices just plunged 10% over the past year — here are the market segments that fell the furthest Despite the Fed’s aggressive rate hikes, inflation remains a big concern. In September, consumer prices in the U.S. rose 8.2% from a year earlier. Core inflation, which excludes food and energy costs, jumped to its … Read more

Stay or go: Palestinians in Lebanon plunged into poverty

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Breadcrumb Trail Links PMN Business Author of the article: The Associated Press Bassem Mroue Article content BEIRUT (AP) — Nasser Tabarani, a Palestinian refugee living in Lebanon, has tried twice to migrate by sea to a better life in Europe but was detained by troops both times and brought back to shore. He’d do it … Read more

Bitcoin And Ethereum Plunged, Bringing the Whole Market In Reds

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The Merge hasn’t pushed crypto prices as expected. Instead, the third week of September has kicked off with more reds than greens. The entire market has plunged, and even the overall market cap dropped.  Currently, many crypto assets are losing every hour. Many crypto exchanges are forcefully liquidating leveraged positions. According to Coinglass, the total … Read more

US territory plunged into darkness — RT World News

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As Hurricane Fiona approached, Puerto Rico was hit by an island-wide blackout which will take “several days” to fix The entire island of Puerto Rico lost power on Sunday, as it braced itself for the arrival of the tropical storm Hurricane Fiona. Power outages were already affecting the unincorporated US territory on Saturday, with over … Read more