Nov 18, 2022
Current Events

Reading List for November 18-20

This week's headlines talk turkey (prices), Taylor Swift, Treasuries, and the fallout from the FTX bankruptcy.

 

Economics

  • A Taylor Swift tour brings Ticketmaster’s issues into the spotlight along with the ire of fans and the attention of lawmakers. (The Defector )(Digital Music News)(The Grid)
  • The price of turkey and Thanksgiving dinner takes a big jump this year. (Axios) (AP)
  • Rents posted their lowest year-over-year increase in 28 months. (CNBC)

 

Investing

  • Treasuries fluctuate as investors and traders read between the lines of every Fed official’s statement for signs about inflation and interest rate expectations. (CNBC)
  • Amazon announced they plan to lay off 10,000 workers beginning this week. (Reuters)
  • Buffet/Berkshire Hathaway takes huge stake in Taiwanese chip manufacturer. Find out why. (Reuters) 
  • "Boring is Beautiful" according to A Wealth of Common Sense when it comes to investing.

 

Cryptocurrency/FTX

  • More details are revealed about the status of FTX. (CNN)
  • The man who was assigned to handle FTX in bankruptcy also handled unwinding Enron. He says this is the worst failure he has seen. (The Verge)
  • Will the FTX bankruptcy spread to other financial markets? Citibank thinks not. (MarketWatch) However, it is causing contagion across the crypto world. (CNBC)
  • Charlie Munger lets folks know exactly how he feels about crypto. (CNBC)

 

Student Loans

  • $6 billion of loan forgiveness impacting 200,000 borrowers has finally cleared legal challenges. (Forbes) And the Biden administration announced changes to allow student loans to be discharged in bankruptcy. (Forbes)

 

Career

  • Could we see four-day work weeks in our future? (NPR)

 

Financial Capability

  • Study links Financial Capability to overall health. (The Hill)

About the Author

Beth Tallman

Beth Tallman entered the working world armed with an MBA in finance and thoroughly enjoyed her first career working in manufacturing and telecommunications, including a stint overseas. She took advantage of an involuntary separation to try teaching high school math, something she had always dreamed of doing. When fate stepped in once again, Beth jumped on the opportunity to combine her passion for numbers, money, and education to develop curriculum and teach personal finance at Oberlin College. Beth now spends her time writing on personal finance and financial education, conducts student workshops, and develops finance curricula and educational content. She is also the Treasurer of Ohio Jump$tart Coalition for Personal Financial Literacy.

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