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Economy

“Leading indicators surge in January, point to steady economic expansion in early 2020”

“The numbers: The economy showed some more sizzle at the start of 2020, pointing to steady growth in the next several months, according to an index that measures the nation’s economic health. The leading economic index jumped 0.8% in January, the Conference… Continue Reading…

Economy

“Federal Taxes and Spending Set Records Through January”

“The federal government set records for both the amount of taxes it collected and the amount of money it spent in the first four months of fiscal 2020 (October through January), according to data released today in the Monthly Treasury Statement.… Continue Reading…

Economy

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

“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…

Stocks

“Worried About a Stock Market Downturn This Year? Here’s What to Do”

“1. Have a solid emergency fund The one thing you need to remember about a stock market downturn is that you don’t lose money until you actually sell your investments at a loss. Imagine you buy a given stock at… Continue Reading…

Economy

“The global economy is likely to rebound in 2020…”

“Global growth is expected to hit 3.3 percent this year, the IMF predicted. That is up from 2.9 percent last year, which was the worst year for the world economy since the Great Recession. The more upbeat forecast for 2020 is… Continue Reading…

Business

“Good News! The Most Punctual Airlines of 2019 are Even More On-Time than in 2018 “

“… ANA All Nippon Airways All Nippon Airways (or ANA) was already the most punctual of those 10 airlines in 2018. They managed to improve their on-time performance by 2.08 points, from 85.26% in 2018 to 87.34% during the first… Continue Reading…

Economy, Stocks

“Opinion: For stocks and the economy, it’s going to be the Roaring Twenties”

“Overcrowding and pollution will become less urgent, thanks to plateauing populations and paradigm-changing green technologies—electric cars and renewable power. Energy and other commodity prices will stay manageable and capital super abundant, not in constrained supplies as was the constant worry in the closing decades of the… Continue Reading…

Personal Finance

“How to get out of debt and save more money in 2020”

“…Goal #1: Paying down credit card debt Credit card debt is the most expensive kind of debt — significantly costlier than borrowing money to go to college, buy a car or even purchase a house. The average credit card interest… Continue Reading…

Stocks

“Stocks trade near records as new year kicks off”

“The Dow Jones Industrial Average DJIA, +0.58%  rose about 116 points or 0.4%, to 28,654, while the S&P 500 SPX, +0.43%   was 14 points, 0.4%, higher, to touch 3,244. The Nasdaq COMP, +0.73%  jumped 65 points, 0.7%, to touch 9,038. …The S&P 500 SPX, +0.43% gained 28.9% and the Nasdaq Composite COMP, +0.73%,… Continue Reading…

Stocks

“Why Exxon’s Stock Could Hit $100 In 2020”

“Exxon investors’ long-time suffering may end in the New Year. Oil and gas giant ExxonMobil (NYSE: XOM) could soon go from bleeding cash to gushing profits, with some serious upside.   Bank of America Merrill Lynch has even tapped XOM as its top 2020… Continue Reading…