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Should You Invest in Draftkings Stock?

August 4, 2021 admin Comments Off on Should You Invest in Draftkings Stock?

In May of 2018, New Jersey won a landmark court case in the Supreme Court. This victory repealed a long-standing ban on states’ rights to legalize sports gambling. Since then, the floodgates have been open for states to legalize sports betting. This has given rise to Draftkings stock and other investments. In just two short years since this decision, more than $20 billion has already been bet with the U.S. sportsbook.
If you’re a big sports fan then you’ve most likely heard about DraftKings thanks to their aggressive ads. If not, DraftKings is an online sports gambling company. Thanks to the …read more […]

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What is the Consumer Price Index (CPI)?

August 4, 2021 admin Comments Off on What is the Consumer Price Index (CPI)?

Inflation is often tossed around by the news media as a scary word. It’s actually a natural part of economic growth. To measure it and qualify whether it’s good or bad, economists use a relative metric known as Consumer Price Index (CPI). CPI is a commonly used measurement of inflation that tracks price changes for a basket of consumer goods.
In a nutshell, CPI measures the cost of common goods and the average citizen’s ability to afford them. CPI compares the same basket of products year over year, to understand price trends and their impact on purchasing power. The index reflects …read more […]