Inflation report brings 2 pieces of good news for retirees and retirement savers

Retirees and those seeking secure income got two items of very good news this week, though you may only have heard about one. July’s inflation came in below fears (although a debate now rages on what the “real” inflation rate is—more on that below). Meanwhile, your ability to earn a guaranteed rate of return on risk-free investments, regardless of what happens to inflation, actually went up.

Outgoing Whole Foods CEO says young people ‘don’t seem like they want to work’ and thinks ‘socialists are taking over’

John Mackey is bowing out in the battle between CEOs and a new generation entering the workforce, but as he told "Reason," he’s not leaving silently.

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  ‘The socialists are taking over,’ Whole Foods CEO John Mackey laments

  The Guardian
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  Whole Foods CEO says ‘socialists are taking over’ American institutions

  MarketWatch

Elon Musk Says Lithium Demand Will Continue to Boom — Here Are 2 Stocks That Could Benefit

Let’s talk about electric vehicles (EVs) and their batteries. The high price of gasoline – still up about $2 since President Biden took office – has boosted interest in EVs. Greater customer curiosity will lead naturally to higher demand, and now we get to batteries, and lithium. Lithium is a metallic element essential in the construction of high-voltage battery systems, and every EV built needs an average of 8 kilos of the metal. Industry experts are saying that lithium demand will far outstrip

Kevin O'Leary says these are the best assets to own as inflation stays white hot

Inflation is still near multi-decade highs. Mr. Wonderful is using these stocks to fight back.