Virtual World's Continuation Means Golden Age for Transcription Apps

Yes, America is getting shots in arms and stimulus checks in the mail, but we’re still far from the great reopening. 2021 will see a shift more towards IRL (In Real Life), but it will be slow. Lots of institutions are sticking with Zoom meetings and Zoom calls, and will most likely do so for... Read more »

Hemp, CBD Stocks Could Boom in 2021

There are a lot of reasons why the Comedy Central animated series "South Park" has been on the air for so long. First and foremost, they've kept in strong since 1997 by keeping it real and topical. They evolve with the times, and focus on what's trending at that given point. Last season, they shifted their focus to the fictional Tegridy Farms, and made a new main character, in Stan Marsh. Tegridy is a marijuana farm, and their shifting to this topic is reflective of how big a boom these businesses are seeing. CBD, Hemp, so-called "pot stocks," it's a family of industries set to skyrocket. CBD Stocks could be a smart investment play this year...

Mortgage Rates and Treasury Yields Jump Amid Rising Inflation Concerns

Mortgage Rates and Treasury Yields Jump Amid Rising Inflation Concerns

So much has been written and said about the stock market lately, but the actual economy itself has gone somewhat overlooked. Even with all the information about mortgages available at your finger tips, you still need to pay attention to interest rates, the key metric for determining the health of the economy. 

30-year US mortgage rates, on average, hit 2.99% this past Friday, having hit an all-time low of 2.8% back on February 10th. On Monday it climbed up to 3.04% according to Bankrate, and this has many market experts believing it's going to stay north of 3% moving forward.  That's still very low, even if it starts hovering near 4%, it would still be rather low, as far as mortgage rates go historically. ...

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Chicago Small Businesses Apply for the Third Round of PPP Loans

Chicago Small Businesses Apply for the Third Round of PPP Loans
It feels like years ago that we were hoping to get past the COVID-19 pandemic by Easter. Back at that time, even those with the most pessimistic view assumed that we’d be back to some sense of normalcy by the end of 2020. Yet here we are, midway through the second month of 2021, and while vaccines are being rolled out, it will still be a few months, at least,  before life gets closer to normal. Even when the U.S. has vaccinated enough of the population to achieve herd immunity, normal life will still not immediately return. The rest of the world is on its way to recovery, but some countries will take longer than others. In our globalized age, we cannot fully consider the current crisis over until we can live the kind of international lives that many of us had previously lived before the pandemic began...

Why GameStop and Reddit Inspired the Next Great Wall Street Movie

Why GameStop and Reddit Inspired the Next Great Wall Street Movie
The Big Short. Margin Call. Wolf of Wall Street. Boiler Room. Wall Street 1 & 2. Other People's Money. Inside Job. We all love movies about greed and corruption run amok in the stock market, and when the next one gets greenlighted, it'll probably be about what happened this week involving GameStop (GME). They could call it "The Short Squeeze" or "Get Short Cover," and it will have plenty of "despondent day-trader facepalming" images. Basically, a group of everymen average Joes beat the elite 1%ers at their own game on this business day(s). The hedge funds and the ultra rich who have enough capital to partake in those types of arrangements took a beat down. The working and middle class people, with a Reddit account and a penchant for posting on the site's WallStBets forum got the W...

New Year's Resolution Crowd Must Prioritize Diet Over Exercising

New Year's Resolution Crowd Must Prioritize Diet Over Exercising
"You can't outrun your fork," said Chelsea Rice, a dietitian at Fitness Formula Clubs, Gold Coast in Chicago. Rice made the remark during a session in her personal nutrition workshop entitled "New Year, New You." She was stressing the point that you can't burn off everything you eat, and more, through exercise, busting one of the most fallacious fitness myths out there. How many times has someone tried to hand you a dessert, you resist, only for them to say, "don't worry, you'll walk it off." While yes, you do burn calories and fat through working out, it's not enough, not even close, towards meeting the goal of a healthy lifestyle...
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The Two Greatest Renditions of the National Anthem of My Lifetime

The Two Greatest Renditions of the National Anthem of My Lifetime
We've all been through a lot; a helluva lot lately. And there is a whole lot more adversity ahead of us, no doubt. However, today, Inauguration Day, is the first step towards the way forward. It's morning in America, to quote the famous Ronald Reagan campaign ad, reprised by the Lincoln Project in 2021. From darkness to light, and it all started at noon eastern today. Documentarian Ken Burns say we're in our fourth major crisis as a nation right now. The Civil War was one, the Great Depression the second and WWII the third. And now our fourth...you don't know which one, off the top of your head do you? That is the point exactly...

Why Does the Stock Market, Against All Odds, Keep Climbing?

Why Does the Stock Market, Against All Odds, Keep Climbing?
What goes up, must come down, right? Well, eventually, but it doesn't sound like that will happen any time soon. Thursday saw the Dow Jones Industrial Average, the NASDAQ and the S&P 500 all reach record highs. Even Bitcoin pushed past the $40,000 for the first time in its history. One would think, given all the chaos that ensued in the capital of the United States of America on Wednesday that markets would be in turmoil. In reality, it's the polar opposite, and there many reasons for that. Given the worldwide pandemic, and an extremely depressed job market, it would seem that we're heading towards a bear market, but it's not here yet....

Are Annuities a Good Investment in this Financial Climate?

Are Annuities a Good Investment in this Financial Climate?
An annuity is a series of payments made at equal intervals. Examples include regular deposits at a bank, monthly mortgage payments, monthly insurance bills or regular pension checks. Annuities can be paid out weekly, monthly, quarterly, yearly, or at any other regular fixed interval. Annuities providing payments for the remainder of a person's lifetime are referred to as a "life annuity." A perpetuity is an annuity that has no end, or a stream of cash payments that continues forever. There are few actual perpetuities in existence, it's honestly more of an idea than a practicality....
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What the Jon Ossof Senate Victory Means for Georgia, D.C.

What the Jon Ossof Senate Victory Means for Georgia, D.C.
Democrat Challenger Jon Ossof has now upended incumbent Republican David Perdue in the race for Senate in the state of Georgia. That means a state once thought to be deep red, a place where the most prominent confederate monuments reside, has now completely flipped over to blue. It was called earlier this morning that the other Dem, Rev. Raphael Warnock, defeated the other GOP incumbent, Kelly Loeffler in the other Georgia Senate special election. That means the Senate will now be 50-50 in party split, with ties to be broken by Democratic Vice-President Kamala Harris...