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Monday, September 26, 2022

Finance

Six Texas Power Plants Go Offline Due to Excessive Power Consumption

Electric Reliability Council of Texas reported that 6 power plants went offline Friday the 13th resulting in the loss of about 2,900 megawatts of electricity. “With unseasonably hot weather driving record demand across Texas, ERCOT continues to work closely with the power industry...

$6 Gallon Gas Could Be Coming To A Pump Near You!

Overnight the national gas price shot up and hit a national average of $4.567 per gallon. Per AAA every state is now over $4 per gallon with California hitting over $6 per gallon. JPMorgan said in a report obtained...

Mortgage Refinance Demand Drops by 70%

According to several reports mortgage refinancing demand has dropped by 70% compared to 2021 levels. Total mortgage application volume fell 8.3% last week according to the Mortgage Bankers Association. It appears that the Fed's decision to increase interest rates...

Musk Twitter Deal Sinks Tesla by Over $125 Billion

Elon Musk, who is listed as the world's richest man, has an estimated net worth of $257 billion, according to Bloomberg, Two thirds of his wealth is from Tesla stock. While taking over Twitter could be good for Musk the...

Bank of America Giving Away 1 Billion in Stock

Bank Of America Giving Away $1 Billion In Stock To Keep Employees During The Great Resignation. The company is opening up its stock awards program to lower-level employees who make up to $100,000 a year. Eligible employee will receive...
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Latest News

Rich Liberal Democrats are Welcoming until Migrants arrive at their doorstep

Martha's Vineyard is a magnet for millionaires, CEOs, and celebrities'. Even the Obamas reportedly just bought a $12 million...
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