Monthly Archives: October 2022

The typical Tesla driver is a Millennial or Gen-Z man that lives in an area with a median household income of $85,000

Tesla Model X. Contributor/VCG/Getty Images Tesla drivers are majority male and their most common jobs are engineer and manager of operations, a new study found. Most Tesla drivers were 34-years-old or younger and lived in areas with median household incomes that averaged $85,000. An insurance company surveyed 62,000 drivers, including 228 with Teslas, to compare….

Lululemon is the clothing brand gaining the most popularity among wealthy female teens in the US – by far

Jeffrey Greenberg/Universal Images Group via Getty Images Athleisure brand Lululemon is the clothing brand growing most in popularity among wealthy female teens. The brand, especially its leggings, has continued to rise in Piper Sandler’s semiannual teen study. Other popular clothing brands for female teens in the upper-income bracket are American Eagle and Zara. Athleisure clothing…

Herschel Walker acknowledges sending a $700 check to his ex-girlfriend but says he didn’t know it would be used for an abortion

Georgia Republican Senate nominee Herschel Walker. Megan Varner/Getty Images Herschel Walker has acknowledged in a new interview that he sent a $700 check to an ex, but denied it was for abortion. “Yes, that’s my check,” the Georgia Senate candidate told NBC News.  The mother of one of Walker’s children has claimed Walker urged her…

The S&P 500 could rally 10% through year-end with positive earnings surprises among the catalysts, says Oppenheimer

Spencer Platt/Getty Images The S&P 500 which has dropped 25% this year may experience a rally as 2022 winds down, said Oppenheimer.  The asset manager cut its year-end target by 17% to 4,000 but that’s still up from current levels. The market’s likely extreme oversold condition could become a catalyst for a modest rally, it…

You can now apply for Biden’s student-loan forgiveness, but your forms won’t be processed yet. Here’s what you need to know.

George Washington University student Kai Nilsen and other student loan debt activists rally outside the White House a day after President Biden announced a plan that would cancel $10,000 in student loan debt for those making less than $125,000 a year in Washington, DC, on August 25, 2022. Photo by Craig Hudson for The Washington…

The oil market is worried Biden could release another 100 million barrels of crude from strategic reserves, analyst says

US President Joe Biden. OLIVER CONTRERAS/AFP via Getty Images The oil market is worried that further releases from the Strategic Petroleum Reserve could add pressure to prices, Amrita Sen says.  She told CNBC on Monday that the Biden administration could release another 100 million barrels.  The White House’s existing plans to release 180 million barrels…

PayPal’s new rewards program includes Honey shopping discounts

PayPal is doing finally doing more with its Honey acquisition. The payments giant has launched a unified PayPal Rewards program that merges Honey’s cash back and discount-finding features with store offers and other PayPal-specific perks. You now have a single place to manage and use all the service’s money-saving features. This will include a range…