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Economy

“U.S. Coal Consumption Hit 60-Year Low In 2020”

August 25, 2021

“Six of the world’s ten largest consumers of coal are in the Asia Pacific region. All of last year’s top consumers saw a decline in coal consumption from 2019, with the exception of China and Vietnam. Below were the world’s… Continue Reading…

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Economy

“Job openings surge above 10 million for first time ever, Labor Department says”

August 9, 2021

“There were 10.1 million open jobs on the final day of June, the report said, up from 9.2 million in May. Economist polled by Dow Jones were expecting 9.1 million openings. The jump came as the quits rate increased while… Continue Reading…

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Economy, Real Estate

“Nearly half of Americans selling their homes don’t plan to buy another: Here’s what they’re doing instead”

August 2, 2021

“The housing market is red-hot and showing few signs of slowing down. Home prices were at a median $386,888 in June, according to Redfin, up 24% since last June. And demand is high: The average house lasted just 14 days on the market,… Continue Reading…

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Business, Economy

“One corner of the auto market is hitting records as used car prices surge”

July 28, 2021

“A global chip shortage has put the squeeze on car production and driven the price of used cars higher. Used car and truck prices rose by more than 45% in June, according to the most recent read on inflation. That looks to have had a… Continue Reading…

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Economy

“Used car prices rose 21% during the pandemic: How buyers can find a good deal and sellers can take advantage”

July 26, 2021

“Used car prices averaged $25,410 during the second quarter of 2021, up from $20,942 a year ago, according to automotive resource site Edmunds. That’s a 21% jump. Because of the global microchip shortage, manufacturers are unable to produce enough new cars to… Continue Reading…

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Economy

“Another 2.2 million stimulus checks have gone out. Here’s who received the payments”

July 22, 2021

“…That legislation authorized payments of up to $1,400 per person, plus $1,400 per eligible dependent, for individuals and families who fall under certain income thresholds and also meet other requirements. For the latest tranche, about 1.3 million of the payments… Continue Reading…

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Business, Economy, Stocks

“Domino’s earnings beat as pizza demand remains strong in the U.S.”

July 22, 2021

“Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv: Earnings per share: $3.12 adjusted vs. $2.87 expected Revenue: $1.03 billion vs. $972.3 million expected The pizza chain reported fiscal second-quarter net income… Continue Reading…

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Business, Economy

“The garbage industry has outperformed the market since 2015. Here’s why”

July 22, 2021

“America has long remained one of the most wasteful countries in the world, generating 239 million metric tons of garbage every year, about 1,600 to 1,700 pounds per person. While some view it as a threat to our environment and society, the… Continue Reading…

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Economy

“Oil Could Hit $80 by Year End, JPMorgan Says. Here’s Why.”

July 21, 2021

“Oil is likely to jump to $80 a barrel by year end amid expanding demand and a lack of supply, according to JP Morgan analysts led by Joyce Chang. The upcycle in energy prices is supported by a surge in demand as the world… Continue Reading…

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Economy

“Oil prices tumble under $70 a barrel after OPEC+ reaches production deal”

July 19, 2021

“Crude prices tumbled to start the week, after Organization of the Petroleum Exporting Countries and its allies, including Russia, reached a deal to boost oil production amid climbing demand. West Texas Intermediate crude for August delivery  CL00, -3.73% CLQ21, -3.70% dropped nearly 3.7% to $69.16… Continue Reading…

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