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Economy

“67% of pandemic ‘boomerang kids’ are still living with mom and dad”

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…

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Economy

“The [Lockdowns] created a new billionaire every 30 hours as millions brace for extreme poverty”

May 23, 2022

“Oxfam International has a new report out today that highlights the rapidly widening gap between the few ultra-rich and the world’s poorest. The report, titled “Profiting from Pain,” found that during the first two years of the pandemic, a new billionaire was… Continue Reading…

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Economy

“Washington state projected to get $3.2 billion more in taxes as economy brightens amid COVID-19 recovery”

March 18, 2021

“Washington’s state tax collections are roaring back, with an estimated additional $3.2 billion projected through 2023 as parts of the economy brighten and people get vaccinated amid the COVID-19 pandemic. Wednesday’s projections by the state Economic and Revenue Forecast Council… Continue Reading…

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Business, Economy

“NFL’s Chiefs-Texans 2020 season-opener averaged 19.3 million viewers, down 12% from last year”

September 12, 2020

“The numbers are out, and the National Football League ratings for its 2020 Kickoff game Thursday attracted an average of 19.3 million viewers for the night, NBC Sports said on Friday. That’s about a 12% drop versus last year’s season… Continue Reading…

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Economy, Stocks

“Russia Registered a Coronavirus Vaccine. The Market Loves It.”

August 11, 2020

“Russia says it has registered the world’s first vaccine for Covid-19. There are caveats, but an effective vaccine would be great news for the world… Investors want to believe. Europe’s FTSE 100 index gained 1.4%. Asia’s Hang Seng Index rose 2.1%. The Dow Jones Industrial Average and S&P 500 are up 1.2%… Continue Reading…

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Economy

“New York City Reopens After Covid-19 Lockdown”

June 10, 2020

“As the nation’s largest city began reopening Monday after more than two months of lockdown, New Yorkers expressed trepidation, relief and optimism about this first step toward getting back to business….” https://www.wsj.com/articles/new-york-city-reopens-after-coronavirus-lockdown-11591628818 I got so caught up in penny stocks… Continue Reading…

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Stocks

“These 19 Big Stocks Raise Their Dividends Despite Coronavirus”

May 4, 2020

“Nineteen S&P 500 companies upped their dividends during April, including materials company Newmont (NEM), consumer staples firm Costco Wholesale (COST) and information technology giant Apple (AAPL), says S&P Dow Jones Indices. The average dividend hike by these companies is 8.4%. Boosting a dividend might be the… Continue Reading…

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Business, Stocks

“GE Stock Falls As Coronavirus Cuts Earnings By Nearly $1 Billion”

April 29, 2020

“General Electric posted bigger-than-expected drops in earnings and revenue for the first quarter, as the coronavirus hit to global commercial air travel stung key businesses. GE stock fell as cash burn was also slightly worse than the industrial giant forecast.… Continue Reading…

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Economy

“U.S. Economy May Have Hit the Coronavirus Bottom”

April 24, 2020

“As the calendar turns to May, we’re likely to see a slow return of growth for some types of economic activity that were wiped out by the coronavirus shutdowns in March and April. That’s the good news. The bad news… Continue Reading…

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Economy

“Record government and corporate debt risks ‘tipping point’ after pandemic passes”

April 21, 2020

“The United States is embarking on a rapid-fire experiment in borrowing without precedent, as the government and corporations take on trillions of dollars of debt to offset the economic damage from the coronavirus pandemic. The federal government is on its… Continue Reading…

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