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Business, Economy

“Monopoly power is growing across the developed world — and it’s hurting workers, IMF finds”

“Growing monopoly power is seen across the developed world, which could be a contributor to ills ranging from lackluster investment growth to growing income inequality, a new International Monetary Fund report finds. The IMF paper, released ahead of its World… Continue Reading…

Business, Investing

Sears On the Rebound?

‘After closing hundreds of locations in recent years, Sears plans to open three smaller stores in May in an attempt to reclaim shoppers by selling tools, appliances and other hard goods.” https://www.wsj.com/articles/sears-after-years-of-closures-is-opening-stores-again-11554379761 There seems to be some light at the… Continue Reading…

Economy, Real Estate

High End Housing Market Boom

“As pricey homes hit market, median list price for a house reaches record $300,000“ “If you’re selling a high-end home, you’ve got company. More pricey houses are up for sale this year, pushing listing prices to record highs. The median… Continue Reading…

Investing, Personal Finance, Predictions, Opinions, & Comments

A Lesson In Debt: Class Is In Session

A long time ago an extremely wise person told me one of the most important lessons about debt I’ve ever heard. What he said was this: “If you owe the bank a million dollars you have a problem. If you… Continue Reading…

Economy

The Music Industry Is Booming

“Globally, music-industry revenue rose 9.7% last year, the best in at least 20 years, according to data released Tuesday by the International Federation of the Phonographic Industry. Streaming drove the tempo, with growth of 34%, while compact-disc sales slowed it… Continue Reading…

Economy, Stocks

“S&P 500 posts fifth straight day of gains amid positive trade reports”

“U.S. stocks ended higher amid positive reports for a U.S.-China trade deal and growth in eurozone economies. The S&P 500 (^GSPC) rose 0.21%, or 6.16 points, as of market close, landing its fifth consecutive day of advances as the materials… Continue Reading…

Business, Economy, Stocks

Big Tech Companies To Be Broken Up? Anti-Trust Fight Begins

“Last month, Sen. Elizabeth Warren made headlines by releasing a plan to break up tech giants like Facebook, Google and Amazon… Americans for Prosperity, a political advocacy group backed by billionaire Charles Koch, is currently running a two-week long targeted… Continue Reading…

Investing, Personal Finance, Predictions, Opinions, & Comments, Stocks

My Stock Portfolio Revisited

One month later and I broke even. Above is a prime example why its a good idea to have around at least 6 or 7 stocks. Never put all your eggs in one basket. If I had I most likely… Continue Reading…

Economy

“Weak February US retail sales underscore slowing economy”

“U.S. retail sales unexpectedly fell in February, the latest sign economic growth has shifted into low gear as stimulus from $1.5 trillion in tax cuts and increased government spending fades. The weak report from the Commerce Department on Monday joined… Continue Reading…

Economy

“Why Corporate America’s profits are set to drop “

“Surging labor costs and slower revenue growth likely will lead to a drop this year in corporate profits in the U.S. and other developed economies, according to a report out Monday from The Conference Board. Industries that could see their… Continue Reading…