Monthly Archives: August 2022

5 DIY renovations that helped a 31-year-old make a $128,000 profit when he sold his house

Kristan (left) and Shawn Wharrey used their $128,000 profit from selling their house to pay off their student loans. Courtesy of Kristan and Shawn Wharrey Kristan and Shawn Wharrey made $128,000 from selling their home. They spent $20,000 to renovate their home, and accepted an offer that was $65,000 over asking. Here are five DIY…

Dodge just unveiled its electric muscle car concept with an exhaust system that mimics the roar of a 797-horsepower Hellcat. Take a look at the Charger Daytona SRT.

The fully-electric Dodge Charger Daytona SRT. Bill Pugliano / Stringer / Getty Dodge on Wednesday unveiled the Charger Daytona SRT, a fully-electric concept muscle car. The automaker is dropping its gas-powered Charger and Challenger models as it transitions to EVs. Take a look at the Dodge Charger Daytona SRT, a version of which could be…

A soft landing of the economy is increasingly likely as inflation is set to be cut in half later this year, JPMorgan says

US inflation cooled sharply in July, data showed earlier this month. Robert Nickelsberg/Getty Images It is increasingly likely that inflation has peaked and is set to fall considerably, according to JPMorgan.That means the economy is more likely to stick a soft landing as the Fed slows down its interest rate hikes.“We feel the uptick in…

US stocks edge lower after weekly jobless claims unexpectedly fall

A “now hiring” sign is displayed in a window in Manhattan on July 28, 2022 in New York City. Spencer Platt/Getty Images US stocks edged lower on Thursday after weekly jobless claims fell below analyst estimates.Jobless claims fell by 2,000 to 250,000 last week, well below the estimate of 260,000.The better-than-expected weekly data shows that…

China called the US a ‘bully’ after an official said China ‘overreacted’ to Pelosi’s Taiwan visit

Chinese Foreign Ministry spokesman Wang Wenbin. GREG BAKER/AFP via Getty Images China called the US a “bully” after a US official said the country “overreacted” to Pelosi’s Taiwan visit. “The US is trying to defend the indefensible by applying a gangster logic,” a Chinese spokesman said. Pelosi landed in Taiwan on August 2 despite threats…

India’s oil imports from Russia fell for the first time since March as the nation ramps up buying of Saudi crude

Russian President Vladimir Putin. Getty Images Indian imports of Russian oil fell for the first time in five months in July. Imports of Russian oil fell 7.3% in July, while imports of Saudi Arabian crude jumped 25%. That’s because Russian oil prices have jumped amid high demand from buyers, making the price of Saudi supplies…