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Economy, Personal Finance

“Fidelity Reports 79% of Women Feeling Financial Stress”

March 12, 2021

“A Fidelity survey conducted in early February among 2,007 U.S. adults found that 79% of women were experiencing financial stress, up from 67% in October. Even as they were reporting feelings of financial stress, 71% of women surveyed said they planned to… Continue Reading…

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Economy

“Job openings rise, layoffs fall as pandemic economy mends”

March 11, 2021

“Hiring actually began to pick up in February, according to last Friday’s jobs report, which showed that employers added 379,000 jobs, the most since October, while the unemployment rate fell to 6.2%, from 6.3%. While the economy still has 9.5… Continue Reading…

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Economy

“GE stock turns lower after confirming $30 billion AerCap deal, proposing reverse stock split”

March 10, 2021

“Shares of General Electric Co. dropped Wednesday, after the industrial conglomerate confirmed a $30 billion deal with AerCap Holdings NV, while also surprisingly proposing a 1-for-8 reverse stock split… The stock GE, -6.40% swung to a loss of 2.0% in premarket trading, reversing… Continue Reading…

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Economy

“Average LA County gas price rises for 47th time in 48 days”

March 10, 2021

“The average price of a gallon of self-serve regular gasoline in Los Angeles County rose Monday for the 27th consecutive day and 47th time in 48 days, increasing a half-cent to $3.813, its highest amount since Dec. 3, 2019. The… Continue Reading…

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Economy

“India could be back as the world’s fastest growing economy this year”

March 9, 2021

“After plunging into recession for the first time in nearly a quarter of a century, India’s economyshouldcome roaring back to life in 2021.India’s gross domestic product is projected to expand by 12.6% during the country’s fiscal year starting in April, according toa… Continue Reading…

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Economy

“Why The Global Economy Is Recovering Faster Than Expected”

March 9, 2021

“…In the spring, previously unimaginable shutdowns pushed economic activity to unimaginable lows…. While the stronger-than-expected recovery aligns with the business experience of many leaders we speak with, they still wonder what drove the gap between expectations and reality…” https://hbr.org/2020/11/why-the-global-economy-is-recovering-faster-than-expected Listen,… Continue Reading…

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Economy

“Top tech stocks are in correction territory. Here’s why”

March 9, 2021

“London (CNN Business)Apple (AAPL) shares are down more than 18% from their January high. Amazon’s stock is off 12% from a recent peak in early February. And chipmaker Nvidia (NVDA) has seen its shares plunge 24% since the middle of last month. What’s happening: Tech… Continue Reading…

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Economy

“Oil prices up more than $1 on growing global economy optimism”

March 1, 2021

“Oil prices rose more than $1 on Monday on optimism in the global economy thanks to progress in a huge U.S. stimulus package and on hopes for improving oil demand as vaccines are rolled out. Brent crude futures for May rose… Continue Reading…

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Economy

“Bars selling alcohol after 11 p.m. again is good for the economy, tourists say”

March 1, 2021

[MYRTLE BEACH, S.C.] “The “last call” order went into effect in July which prohibited restaurants and bars from selling alcohol after 11 at night. Its purpose was to slow the spread of the coronavirus and it prevented one Myrtle Beach… Continue Reading…

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Economy

“India’s Economy Exits Deep Recession as Fledgling Recovery Strengthens”

March 1, 2021

” After plunging into one of the worst recessions of any major economy, India is showing signs of a modest comeback. But that recovery is uneven, and the country is still struggling to find ways to sustain growth. Its service sector… Continue Reading…

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