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Stocks

“Sprint Stock Soars After Judge Approves Its Merger With T-Mobile”

February 11, 2020

“T-Mobile US and Sprint stocks are soaring after a federal judge gave his stamp of approval to the wireless carriers’ long-pending combination, ruling that the merger wouldn’t lead to less competition and higher prices for consumers in the U.S. Sprint stock (ticker: S)… Continue Reading…

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Stocks

“Slack skyrockets 21% after IBM says it’s rolling out the platform to all 350,000 of its employees globally (WORK)”

February 11, 2020

“Shares of the instant-messaging platform gained as much as 21% on Monday morning when Business Insider’s Paayal Zaveri exclusively reported that IBM would deploy the messaging tool to all 350,000 of its employees around the world…” https://markets.businessinsider.com/news/stocks/slack-stock-price-ibm-biggest-account-global-employees-messaging-platform-2020-2-1028890304

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Economy

“January adds a much stronger-than-expected 225,000 jobs, with a boost from warm weather”

February 10, 2020

“The unemployment rate ticked higher to 3.6%, but for the right reason as the labor force participation rate increased 0.2 percentage points to 63.4%, matching its highest level since June 2013, according to data released Friday by the Labor Department…… Continue Reading…

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Business

“Pinterest Generated Over $1 Billion in Revenue Last Year”

February 10, 2020

“Here are some highlights: Q4 Revenue: $400 million, +46% YOY, versus $371 million expected Q4 EPS: 12 cents, versus 8 cents expected Q4 Global Monthly Active Users (MAUs): 335 million, +26% YOY. Q4 GAAP Net loss: $36 million, 176% YOY Q4 ARPU (Average… Continue Reading…

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Economy

“63.4%: Labor Force Participation… As Labor Force Grows by 574,000”

February 7, 2020

“…In January, the civilian non-institutional population in the United States was 259,502,000. That included all people 16 and older who did not live in an institution (such as a prison, nursing home or long-term care facility). Of that civilian non-institutional… Continue Reading…

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Economy

“New High of 90% of Americans Satisfied With Personal Life”

February 7, 2020

“Nine in 10 Americans are satisfied with the way things are going in their personal life, a new high in Gallup’s four-decade trend. The latest figure bests the previous high of 88% recorded in 2003… These results are from Gallup’s… Continue Reading…

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Economy

“Wives now out-earn their husbands nearly a third of the time”

February 6, 2020

“…Among married couples, wives now out-earn their husbands nearly 30% of the time, up from 15.9% in 1981, according to recently released data from the Census Bureau. “Men’s wages have stagnated in the past decade or so, in part because the economy… Continue Reading…

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Business, Stocks

“5 powerful tech companies now make up 18% of the stock market…”

February 6, 2020

“We are here to say that yes, there is life outside of investing in Apple, Microsoft, Amazon, Google and Facebook. Unfortunately, most investors don’t agree — and it could end badly for them at some point. Those five powerful tech… Continue Reading…

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Economy

Record Economic Optimism: Highest In 44 Years

February 5, 2020

“Economic optimism has reached a 44-year high and economic gloom a record low under President Trump in the latest survey that shows people in the United States are cheering their best personal economy in decades. For the first time in… Continue Reading…

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Economy

“Private payrolls soar in January, the best monthly gain in nearly 5 years”

February 5, 2020

“The jobs market kicked off 2020 in grand fashion, adding 291,000 in private payrolls for the best monthly gain since May 2015, according to a report Wednesday from ADP and Moody’s Analytics. That was well above the 150,000 estimate from… Continue Reading…

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