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Stocks

“Needham Sees at Least 30% Upside Potential for These 3 Tech Stocks”

October 14, 2020

“Silicon Motion (SIMO)… Turning to the rest of the Street, the bulls have it on this one. With 4 Buys and a lone Hold, the word on the Street is that SIMO is a Strong Buy. At $49.60, the average… Continue Reading…

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Investing

“Here’s how much money you should have saved by age 30”

September 18, 2020

“In fact, retirement-plan provider Fidelity Investments says that to retire by age 67, you should have saved 1 times your income — or the equivalent of your annual salary — by the time you turn 30. This means that if you earn… Continue Reading…

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Business

“TikTok likely to announce sale of U.S. operations in the coming days in $20 billion to $30 billion range”

August 28, 2020

“TikTok is nearing a deal to sell its U.S. operations and could announce a deal in the coming days, according to people familiar with the matter. Kevin Mayer, TikTok’s CEO, announced his resignation Thursday after news of the announcement leaked… Continue Reading…

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Business

“Microsoft could buy TikTok for as much as $30 billion”

August 5, 2020

“Microsoft plans to finish its acquisition talks with TikTok within the next three weeks, ahead of the Sept. 15 deadline,  CNBC’s David Faber reported Wednesday. The deal could be worth up to $30 billion. If the deal goes through, Microsoft has already… Continue Reading…

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Economy

“Almost 30 Million in U.S. Didn’t Have Enough to Eat Last Week”

July 31, 2020

“Food insecurity for U.S. households last week reached its highest reported level since the Census Bureau started tracking the data in May, with almost 30 million Americans reporting that they’d not had enough to eat at some point in the… Continue Reading…

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Business, Stocks

“McDonald’s revenue falls 30% despite progress at U.S. restaurants”

July 28, 2020

“Shares of the company fell nearly 2% in early trading Tuesday. Still, McDonald’s said it expects to accelerate U.S. restaurant closures this year and permanently shutter about 200 locations. More than half of those are lower sales volume locations inside Walmart stores. The… Continue Reading…

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Business, Economy

“More Airlines Plan Big Layoffs Despite Taking Billions In Bailout Money”

May 28, 2020

“American Airlines stock fell Thursday after a letter to employees outlining planned job cuts due to the coronavirus surfaced late Wednesday. Delta Air Lines (DAL) is also preparing a round of voluntary job reductions. In the staff letter, American Airlines (AAL) said it would… Continue Reading…

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Economy

“US weekly jobless claims hit 3.84 million, topping 30 million over the last 6 weeks”

April 30, 2020

“First-time filings for unemployment insurance hit 3.84 million last week as the wave of economic pain continues, though the worst appears to be in the past, according to Labor Department figures Thursday. Economists surveyed by Dow Jones had been looking… Continue Reading…

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Economy

“Pandemic-Related Unemployment and Shutdowns Are a Recipe for Social Unrest”

March 30, 2020

“Around the world, high unemployment and stagnant economic activity tend to lead to social unrest, including demonstrations, strikes, and other forms of potentially violent disruptions. That’s a huge concern as forecasters expect the U.S. unemployment rate in the months to… Continue Reading…

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Economy

“Fed Official Warns of 30% Unemployment”

March 23, 2020

“Reserve official believes unemployment could hit 30% in the months ahead as the ongoing coronavirus pandemic – and the widespread business closures that have been adopted to stem its spread – wreaks havoc on the U.S. economy. James Bullard, president… Continue Reading…

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