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Stocks

“Netflix stock plunges 37% on shocking subscriber loss”

April 20, 2022

“Shares of Netflix plunged 37% Wednesday morning after the streamer reported earnings Tuesday evening that showed it lost subscribers for the first time in more than ten years. The results and weak outlook led to a wave of downgrades from Wall Street over fears… Continue Reading…

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Economy, Personal Finance

“42% of women investors say they got started during the pandemic, survey shows”

April 18, 2022

“…Roughly 2 in 5 (42%) current female investors took the plunge either in 2020 or 2021, according to a recent survey from social investing app eToro. And half of all women said they have become more interested in investing during the… Continue Reading…

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Economy, Personal Finance

“25% of Americans felt financially stressed all the time last year, CNBC + Acorns Invest in You survey found”

April 12, 2022

“…One-quarter of Americans said that they felt financially stressed all the time last year, according to a CNBC + Acorns Invest in You survey, conducted by Momentive. The online survey of nearly 4,000 adults was conducted March 23-24.   Another 41% said… Continue Reading…

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Economy

“…40% of recent job switchers are again looking for a new position, survey finds”

April 12, 2022

“Two of every five workers who switched jobs over the past year are looking for work again, according to a new survey published by Grant Thornton, a consulting firm. These workers will likely account for a good deal of churn… Continue Reading…

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Economy

“52% of women, ages 50 and up, say the economy isn’t working well for them…”

April 7, 2022

“…they’re not happy with the economy, according to new research from AARP in partnership with pollsters Celinda Lake, Christine Matthews, Kristen Soltis Anderson and Margie Omero. Their recent poll found 52% of women in this age cohort say the economy… Continue Reading…

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Economy

“Newsom urged Californians to cut water use by 15%. In February they saved less than 1%

April 7, 2022

“Total water usage in California cities and towns decreased by just half a percent in February compared with the same month in 2020, a far cry from Gov. Gavin Newsom’s goal of reducing urban water use by 15%… Newsom in… Continue Reading…

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Real Estate

“Surging interest rates push mortgage demand down more than 40% from a year ago”

April 6, 2022

“…Total mortgage application volume fell another 6% last week compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. Volume was down 41% from the same week one year ago. The average contract interest rate for… Continue Reading…

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Stocks

“Twitter shares soar more than 20% after Elon Musk takes 9% stake in social media company”

April 4, 2022

“Outspoken Tesla CEO Elon Musk purchased a giant stake in Twitter that makes him the largest outside shareholder in the social media stock, not long after criticizing the company for what he said was its failure to uphold the tenets of free speech. Musk owns… Continue Reading…

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Business

“Ford’s first quarter sales fell 17% as the automaker battled a chip shortage”

April 4, 2022

“Ford Motor’s U.S. sales of new vehicles declined 17% during the first quarter, including a 26% slide last month, as the automaker continues to battle a global shortage of semiconductor chips. The automaker on Monday reported first quarter sales of 432,132… Continue Reading…

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Banking

“The Fed’s preferred inflation gauge rose 5.4% in March, the highest since 1983”

March 31, 2022

“…Excluding food and energy prices, the personal consumption expenditures price index increased 5.4% from the same period in 2021, the biggest jump going back to April 1983. Including gas and groceries, the headline PCE measure jumped 6.4%, the fastest pace since January… Continue Reading…

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