October 4, 2019
“Americans on average spent more on taxes in 2018 than they did on the basic necessities of food, clothing and health care combined, according to the Bureau of Labor Statistics Consumer Expenditure Survey… In 2018, according to Table R-1, American consumer… Continue Reading…
October 4, 2019
“The Manhattan real estate market stumbled in the third quarter of 2019, new reports show, as prices plunged and fewer buyers were willing to purchase higher-priced properties in the wake of two recent tax increases. The median sales price for properties… Continue Reading…
October 2, 2019
“Delta Air Lines stock is tumbling on Wednesday after the airline raised cost estimates in its third-quarter update… …On Wednesday, Delta provided an update on its third quarter. The company said it now expects earnings per share between $2.20 and $2.30,… Continue Reading…
October 1, 2019
“Millennials are getting older. And as they enter the next stage of life — marriage, kids, higher salaries —Gen Y is beginning its exodus from busy cities, just like the generations that came before it. Data released by the U.S.… Continue Reading…
October 1, 2019
“The Federal Reserve Bank of New York added $63.5 billion to the financial system Monday, using the market for repurchase agreements, or repo, to relieve funding pressure in money markets…” https://www.wsj.com/articles/fed-adds-63-5-billion-to-financial-system-in-repo-transaction-11569846438
September 30, 2019
“On Tuesday, the stock received a $100 price target from analysts at Morgan Stanley. That implies a robust rally of almost 50% from current levels. It would also require a move over the 2019 highs near $78, as well as… Continue Reading…
September 30, 2019
“Yes, they’re [Google] spending some money right now on one-day shipping but that’s a short-term drag and that’s actually going to make them much, much stronger in the long run,” Tepper said… “It’s trading in the mid-$1,700s right now. We… Continue Reading…
September 27, 2019
“The U.S. economy grew more slowly in the second quarter, updated figures confirm, and is slow growth is expected to persist through the end of the year largely because of the festering trade fight with China. Gross domestic product, the… Continue Reading…
September 27, 2019
“The Federal Reserve Bank of New York added $110.1 billion to the financial system Thursday, using the market for repurchase agreements, or repo, to relieve funding pressure in money markets…” https://www.wsj.com/articles/fed-adds-110-1-billion-to-financial-system-in-latest-transaction-11569505632
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