Cash Crunch U.S. bank accounts were flush with savings to the tune of $2.1 trillion following the pandemic. Those savings have now run dry, according to the Federal Reserve Bank of San Francisco. And that’s having a profound impact on consumer spending and the overall economy. Consumer Contractions First things first: The reason economists worry…Read more
SoFi Hong Kong Blog
Patience Is A Virtue It has been no secret that markets have been on a tear over the last 18 months or so. What started as a contrarian rally has turned into a rally thoroughly embraced by the masses, underpinned by excitement over the emergence of artificial intelligence. Only the staunchest of bears remain skeptical…Read more
Job hopping has become an increasingly popular trend, because workers believe it can be a quick and effective way to increase your salary. While it’s not always the case, switching jobs can result in a significant pay increase because it provides an opportunity to negotiate a salary that aligns with your current market rate (based…Read more