September 13, 2022
“…“Our ’22/’23/’24 base case estimates are now 3%/13%/14% below consensus, respectively,” a team of Morgan Stanley analysts led by Mike Wilson write in a recent note to investors. “In our base case, 2023 now marks a modest earnings contraction (-3%… Continue Reading…
September 13, 2022
“…The Consumer Price Index (CPI) in August reflected an 8.3% increase over last year and a 0.1% increase over the prior month, the Bureau of Labor Statistics reported Tuesday. Economists had expected prices to rise 8.1% over last year and fall 0.1%… Continue Reading…
September 7, 2022
“At the height of the Covid pandemic, many young adults moved back in with mom and dad. It was an unprecedented moment of uncertainty; college campuses were closed, and jobs were scarce. More than two years later, 67% of millennials… Continue Reading…
September 7, 2022
“The trend of employees choosing to not go above and beyond their jobs in ways that include refusing to answer emails during evenings or weekends, or skipping extra assignments that fall outside their core duties, is catching on, especially among… Continue Reading…
September 5, 2022
“…The euro zone is almost certainly entering a recession, with surveys on Monday showing a deepening cost of living crisis and a gloomy outlook that is keeping consumers wary of spending. While there was some easing of price pressures, according… Continue Reading…
August 31, 2022
“…U.K. inflation could soar above 22% next year if energy prices continue their upward spiral, U.S. investment bank Goldman Sachs warned. In a research note dated Monday, Goldman said headline inflation could peak at 22.4% and gross domestic product could drop by… Continue Reading…
August 30, 2022
“There were nearly 1 million more job openings than expected in July, an inflationary sign that the U.S. labor market is still extremely tight, the Bureau of Labor Statistics reported Tuesday. Available positions totaled 11.24 million for the month, well… Continue Reading…
August 29, 2022
“EDITOR’S NOTE: California is looking to ban all gas-powered vehicles by 2035. Such a massive level of adoption being a tall or seemingly impossible order, the California Air Resources Board voted today to make official the legislation. Let’s set the clean versus… Continue Reading…
August 25, 2022
“Even as many people struggle to stretch their incomes amid high inflation, it turns out there’s money they already have they’re probably overlooking — unused gift cards. To that point, 47% of people currently have at least one unused gift card,… Continue Reading…
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