- “The Mystery of the $113 million Deli” provides insight into the mechanics of SPACs while resolving this mystery. (NYT-Sunday)
- Here is the CNBC article on adding I-Bonds to your portfolio (following one from the Wall Street Journal in last week’s list.)
- Inflation figures haven’t spooked the market as the S&P 500 hit a new record yesterday. (CNBC)
- Have you heard of the banking app “Dave?” It is backed by Mark Cuban and will go public via a SPAC. (CNBC)
- CPI jumps again in May (5% year-over-year), and we see the sixth consecutive week of falling jobless claims. (Reuters)
- A Wealth of Common Sense discusses why interest rates may remain low for some time, despite potential inflation.
- U.S. job openings hit a new record high in April, as more people voluntarily quit their jobs. Look at the breakdown of the labor supply issue. (Reuters)
- U.S. trade deficit narrowed in April. (MarketWatch)
- Is the housing market craziness beginning to slow down? (Money)
Paying for College
- Beware of the Parent Plus loan trap. (NYT)
- This ProPublica article got lots of play in the press and on social media this week, unveiling how little the wealthiest Americans actually pay in taxes.
- With job openings at an all time high, seems like now would be a great time to look for a job, and the best summer job outlook for teens in awhile!
- The NYT advises teens on nailing that summer job.
- Try a Kroger near you. They staged an event in an attempt to hire 10,000 workers on Thursday. (CNBC)
- This FRED blog looks at teenagers’ labor force participation.
- With labor shortages, workers are gaining leverage and wages are rising. (NYT)
- Congratulations Rhode Island! Governor McKee signed into law yesterday the Financial Literacy Education bill making personal finance a graduation requirement. (Pawtucket Patch)