People like having the power to run their financial world in the palm of their hand.ĭefying predictions of a short military conflict, Ukrainians are hanging strong in their battle with Russia.Īs long as “SkyNet” (the fictional artificial intelligence in the Terminator movies) is never given the launch codes, AI is probably a net positive.ĭespite forecasts for a market crash, the S&P 500 index of U.S. During the pandemic, downloads of personal finance apps grew roughly 90%. Food costs remain high, but some declines are worth mentioning: eggs, milk, citrus fruits, and uncooked beef and poultry are more affordable.Ī survey found that 86% of workers who are actively engaged with their finances are more likely to feel good about their situation. Maybe overheated markets are finally cooling down after years of price inflation. Based on spring statistics, national housing prices were down 2% compared to last year. As of last week, the national average for a gallon of gas was $3.58, down from $5 one year ago, according to AAA. Last year the cost of living spiked to 8.5%, its highest rate since 1982. With that context, let’s look for some good news. Alas, bad news, it was removed for maintenance. My wife made a beeline to see Eugene Burnand’s 1898 painting of the disciples Peter and John running to the tomb of Jesus. Several years ago, we took our family to the Louvre Museum in Paris, France. Sometimes bad news is not life altering, just disappointing. Stock market booms are followed by busts. Periods of economic growth are followed by recession. On the other hand, bad news is easy to find: war, inflation, the COVID-19 pandemic. You can find good news, if you look for it. Watch Video: Enjoy exclusive content and premium perks with a Knox News subscription
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