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Economy, Stocks

“Bed Bath & Beyond shares dive more than 25% as supply chain issues hit sales, inflation eats into profits”

September 30, 2021

“…Here’s how Bed Bath & Beyond did in its second quarter ended Aug. 28 compared with what Wall Street was expecting, based on a Refinitiv survey of analysts: Earnings per share: 4 cents adjusted vs. 52 cents expected Revenue: $1.99… Continue Reading…

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Economy, Stocks

“Slow Motion Deterioration: Some Shares Down 20% or More”

September 29, 2021

“EDITOR NOTE: A stock market crash that some experts are predicting calls to mind a sudden, catastrophic event. A recent CNBC report suggests it this drop may already be happening, but at a slower, steadier pace than in the past.… Continue Reading…

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Economy, Stocks

“Oil flirts with 3-year highs: Lock in these stable 5%+ yields before they disappear”

September 27, 2021

“A rebound in oil prices — and oil stocks — presents an unexpected opportunity for investors to collect some healthy dividend checks while fundamentals continue to improve. On Friday, oil prices rose for a third straight week near three-year highs… Continue Reading…

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Economy

“Retail sales post surprise gain as consumers show strength…”

September 16, 2021

“Retail sales posted a surprise gain in August despite fears that escalating Covid cases and supply chain issues would hold back consumers, the Census Bureau reported Thursday. Sales increased 0.7% for the month against the Dow Jones estimate of a… Continue Reading…

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Business, Economy

“House Democrats propose top 39.6% tax rate at these income levels”

September 14, 2021

“House Democrats have proposed a top marginal income tax rate of 39.6% for individuals, part of a sweeping change to the tax code to fund climate investments and an expansion of the U.S. safety net. That rate, an increase from… Continue Reading…

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Economy

“Solar prices jumped in the second quarter, reversing recent trends, on material costs and supply chain issues”

September 14, 2021

“… Supply chain bottlenecks and rising raw materials costs are hitting the solar industry. Prices rose quarter over quarter and year over year during the second quarter across residential, commercial and utility-scale solar for the first time since Wood Mackenzie… Continue Reading…

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Economy, Stocks

“Are Oil Prices Heading To $64 or $200? Depends On Who You Ask”

September 10, 2021

“Brent Crude prices are set to retreat to $64 a barrel by the end of 2021, one of Japan’s leading banks says, while the energy minister of a Gulf oil producer warned that the International Energy Agency’s suggestion of no… Continue Reading…

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Economy

“Food is getting more expensive in the U.S…”

September 10, 2021

“…Even though beef prices have been rising, farmers and ranchers have been making less money, the White House said. Climate change, labor issues, transportation concerns and other supply chain disruptions have been contributing to the rising costs over the past several… Continue Reading…

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Economy

“Supply bottlenecks keep heat on U.S. producer prices”

September 10, 2021

“U.S. producer prices increased solidly in August, leading to the biggest annual gain in nearly 11 years, suggesting that high inflation is likely to persist for a while as the unrelenting COVID-19 pandemic continues to pressure supply chains. There are,… Continue Reading…

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Economy

“Poll: 80% Oppose Tax Hikes…”

September 10, 2021

“By an 80-20 margin voters oppose tax increases as the U.S. comes out of the pandemic, according to a new poll conducted by HarrisX. The poll was conducted by HarrisX between Sept. 3 – 6 among 1,916 representative registered voters.  Respondents were… Continue Reading…

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