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Business, Economy

“Private payrolls surge by 275,000 in April, blowing past estimates in biggest gain since July”

May 7, 2019

…Services-providing jobs increased by 223,000 in April, led by a gain of 59,000 positions in professional and business services. Education and health services companies added 54,000 jobs while employment within the leisure and hospitality industry expanded by 53,000. Goods-producing jobs… Continue Reading…

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Business, Stocks

“Google parent’s shares dive as YouTube changes, competition hurt revenue”

May 1, 2019

“Alphabet Inc’s Google on Monday saw its slowest revenue growth in three years from increased competition in advertising, stumbles in its smartphone business and disruptive changes at YouTube that left the leading internet ad company lagging rivals. Shares of Alphabet… Continue Reading…

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Business, Economy

“312,000 Jobs Added In December, Manufacturing Growing 714% Faster [Than Previous Administration]”

May 1, 2019

“The U.S. Bureau of Labor Statistics released its December jobs report Friday morning, showing nonfarm employment was up by 312,000, stronger than analysts expected. The impressive jobs number, along with the Fed signaling patience on rate hikes, shook the stock… Continue Reading…

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Business

“Microsoft hits $1 trillion market cap after earnings beat estimates”

April 25, 2019

“Microsoft shares are trading near a record after rallying 34% over the past year. The stock climbed past $130.50 in extended trading, pushing the market cap over $1 trillion. Sales jumped 14% in the latest quarter, driven by the company’s… Continue Reading…

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Business, Economy

“…small businesses shows signs of cooling”

April 23, 2019

“The number of small business sales counted by online market BizBuySell.com fell 6.5% during the first quarter from the same period of 2018, following a 6% fourth quarter drop. BizBuySell.com reported 2,504 first quarter transactions, down from 2,678 a year… Continue Reading…

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Business, Economy

“US retail spending rebounds in February, driven by autos”

April 20, 2019

“The unexpectedly strong month for the key retail sector helped recover losses after December’s worrisome slump, according to the Commerce Department… Total retail sales rose 1.6 percent to $514.1 billion, well above the 0.9 percent economists had been expecting. The… Continue Reading…

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Business, Economy, Investing

“Pot stocks are soaring and the cannabis industry is poised for ‘tons of growth'”

April 20, 2019

“Publicly traded cannabis companies have reported strong sales since Canada legalized pot last October and several US states voted to approve recreational and medical marijuana use… “This business is still in its infancy. It’s like investing in alcohol post-Prohibition. There… Continue Reading…

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Business

“Amazon isn’t the only company that paid $0 in federal taxes last year”

April 18, 2019

“Under President Trump’s new tax law, 60 of America’s biggest corporations paid $0 in federal taxes in 2018, despite earning billions of dollars in profits. Amazon, Netflix, General Motors, Chevron, JetBlue, IBM and U.S. Steel were all among the companies… Continue Reading…

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Business, Investing

Yikes! “Uber unveils IPO with warning it may never make a profit”

April 13, 2019

” Uber Technologies Inc has 91 million users, but growth is slowing and it may never make a profit, the ride-hailing company said on Thursday in its IPO filing. ..” https://uk.reuters.com/article/us-uber-ipo/uber-reveals-91-million-users-but-cautions-on-profitability-in-ipo-filing-idUKKCN1RN2SK Wow! Uber may never make a profit? Never!? Get… Continue Reading…

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Banking, Business

“Small Business Loan Approvals At Big Banks Hit New High…”

April 10, 2019

“The approval percentage for small business loan applicants hit a record high of 27.3% at big banks ($10 billion+ in assets) in March, up one-tenth of a percent from February, according to the latest Biz2Credit Small Business Lending Index™. Approvals… Continue Reading…

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