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Gas prices are rising again nationwide, with the average currently at $3.63 per gallon, according to AAA.Experts attribute the unexpected increase in last month's inflation to rising gas prices and housing costs, which drove over half of the 3.5% year-over-year rise in the consumer price index. Summer gasoline and refinery maintenance are factors, while geopolitics also impact oil prices. Global market uncertainty stems from events like the Ukraine war and Mideast tensions.
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Bitcoin University
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Diamond NestEgg
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Inflation has made Series I savings bonds enormously popular with risk-averse investors. So how do they work?
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PensionCraft
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Diamond NestEgg
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Fears of Potential Iranian Attack , Drive US Stocks Down , Nearly 500 Points.<br/>CNN reports that United States stocks dropped on <br/>April 12 amid rising tensions in the Middle East pushing <br/>traders to seek safe havens like gold and bonds.<br/>CNN reports that United States stocks dropped on <br/>April 12 amid rising tensions in the Middle East pushing <br/>traders to seek safe havens like gold and bonds.<br/>By mid-afternoon, the Dow had fallen <br/>1.4%, the S&P 500 went down 1.6%, <br/>and the Nasdaq dropped 1.8%.<br/>The dip came after the White House announced <br/>that both the U.S. and Israel are on alert for <br/>a potential attack by Iran or its allies.<br/>The dip came after the White House announced <br/>that both the U.S. and Israel are on alert for <br/>a potential attack by Iran or its allies.<br/>The warning comes after Iran <br/>accused Israel of a deadly airstrike <br/>on a consulate in Damascus, Syria. .<br/>The news also sent oil prices up amid <br/>fears of regional tensions escalating <br/>as a result of the ongoing war in Gaza. .<br/>The news also sent oil prices up amid <br/>fears of regional tensions escalating <br/>as a result of the ongoing war in Gaza. .<br/>Brent crude futures jumped up to $90.42 <br/>a barrel, and West Texas Intermediate crude <br/>futures increased to $86.65 a barrel.<br/>Those geopolitical concerns and subsequent <br/>rising oil prices sent investors to safe havens like <br/>gold futures, which rose to $2,379 a troy ounce.<br/>Those geopolitical concerns and subsequent <br/>rising oil prices sent investors to safe havens like <br/>gold futures, which rose to $2,379 a troy ounce.<br/>CNN reports that Americans' opinions of <br/>the economy have dipped in the past few <br/>months amid persistently high inflation.<br/>The geopolitical fears come as investors are already <br/>contending with concerns that the Federal Reserve could <br/>wait to bring interest rates down from a 23-year high.<br/>Officials at the Fed have signaled that further rate <br/>hikes could still be on the way if the central <br/>bank's efforts to fight inflation stall.
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FREENVESTING
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Real Vision
⏲ 37 minutes 26 seconds 👁 3K
The average Major League Baseball team is now worth $2.4 billion, 4% more than a year ago. With the exception of 2021— when the Covid-19 pandemic disrupted the 2020 baseball season—it was the first time values increased less than 4% year over year since 2010.<br/><br/>The good news? Since Forbes first began doing valuations of MLB teams in 1998, when the average team was valued at $194 million, owning a team would have beaten inflation by more than five-fold and beaten the S&P 500 (excluding the reinvestment of dividends) by nearly double.<br/><br/>Revenue in MLB rose 10% in 2023, to an average of $378 million per team—the steepest increase since 2015. That increase was due to record ticket, merchandise, television and licensing revenue. But operating income (earnings before interest, taxes, depreciation and amortization) only went up 6%, to an average of $19 million due to more spending on players, technology and analytics.<br/><br/>Forbes’ team valuations are enterprise values (equity plus net debt) based on historical transactions and the future economics of the sport and each team. Revenue and operating income (earnings before interest, taxes, depreciation and amortization) are for the 2023 season and are net of revenue sharing, competitive balance taxes and stadium revenue used for debt service. Ownership stakes in regional sports networks, as well as related profits or losses, are excluded from our valuations and operating results, as are investments in real estate and other businesses. (For all-inclusive sports ownership valuations, see the 2023 Sports Empires rankings.) Sources include sports bankers, team and league executives, public documents like leases and filings related to public bonds, and media rights experts.<br/><br/>Read the full story on Forbes: https://www.forbes.com/lists/mlb-valuations/?sh=12ce2ca1421d<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.
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Mike Jones Investing
⏲ 15 minutes 37 seconds 👁 2.2K
ITM TRADING, INC.
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