How Lotteries Transfer Wealth From Poor

How Lotteries Transfer Wealth From Poor

A report from The Associated Press shows that state lotteries have nearly doubled in size over the past two decades, transferring billions of dollars from low-income U.S. communities to multinational corporations. The Howard Center for Investigative Journalism at the University of Maryland found that lottery retailers are disproportionately clustered in… Continue reading

A Cup of Coffee Before Going Shopping May Cause You to Overspend

A Cup of Coffee Before Going Shopping May Cause You to Overspend

According to University of South Florida researchers, coffee and credit cards may be a financial planner’s worst nightmare. According to researchers, shoppers who drank a complimentary cup of coffee before going shopping spent 50% more money and bought 30% more items than their non-caffeinated counterparts. “Caffeine, as a powerful stimulant,… Continue reading

During a Recession, People Consume More Processed, Unhealthy Foods

During a Recession, People Consume More Processed, Unhealthy Foods

The United States is on the verge of another recession due to the rising prices. While many individuals may want to brace for high unemployment and company closures, a recent study reveals that another effect may be a shift in our diets. During a recession, individuals eat less protein and green… Continue reading

Rare NFTs Can Quickly Lose Value When Collectors Get Tired of Them

Rare NFTS Can Quickly Lose Value When Collectors Get Tired of Them

According to a survey conducted by a group of researchers, rare NFTs can quickly lose value when collectors get bored of them. Non-fungible tokens (NFTs), like cryptocurrencies, may explode in value, with some fetching collectors thousands or maybe even millions of dollars. While rarer NFTs are often more valued, according… Continue reading