📈 UBER Finally Makes Profit!

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Good Morning!

Let's talk about the job market in the good ol' US of A. The job numbers might be giving us a bit of a low blow, reaching a more than two-year low, but there's a silver lining - layoffs have been slowing down!

Uber are riding high on a record-breaking earnings season, posting their first ever profit. We’ll also be taking a sip from the ever-refreshing Coca-Cola, reigning the dividend kingdom for a whopping seven decades! But the question on everyone's lips (and taste buds) is - is it still worth investing?

Grab your ice-cold Coca-Cola and let's get into it! ☕️👇️

Markets

US jobs at more than two-year low (3 minute read)
In June, U.S. job openings took a bit of a tumble and hit their lowest point in over two years, but despite the Federal Reserve playing around with interest rates, things are still hopping in the job scene, thanks to those tight labor market conditions.

According to the Job Openings and Labor Turnover Survey (fancy name, huh?), put out by the Labor Department on Tuesday, layoffs and discharges decided to take a little vacation and decreased for the third month in a row.

Investing

Uber posts first ever profits (3 minute read)
Uber (UBER) just showied us they're no longer stuck in that cash-burning startup phase. Nope, they're leveling up! With ridership volumes hitting a record high, they're not just talking the talk but walking the walk on their path to profitability - They also scored their first-ever operating profit, waving around a cool US$326 million.

Could Coca-Cola Stock Be the Perfect Buy for Reliable Passive Income? (5 minute read)
The one and only Coca-Cola (KO) has been reigning the dividend kingdom for seven whole decades. The real question is, is Coca-Cola still worth sipping on for investors who crave that sweet, steady income in the years to come?

Which Investment Type Typically Carries The Least Amount of Risk? (10 minute read)
Find out which investment type typically carries the least amount of risk and why. We'll also discuss how to choose the 8 best low risk investments that are right for you. So read on to learn more!

Money

How to Leverage Today's Ultra-High Interest Rates to Grow Your Savings (5 minute read)
High interest rates could be your secret weapon to supercharge your savings! Thanks to the Federal Reserve's inflation-busting rate hikes, now's the perfect time to make those dollars work harder for you. Here's the deal: with laddering, you split your money between different certificates of deposit (CDs) with various maturity rates. That means you'll have some cash coming your way at regular intervals, keeping that savings stream flowing smoothly like a well-oiled machine.

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