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

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