Business, Economy

“About 100,000 eggs worth $40K stolen from trailer in Pennsylvania”

“Thieves poached about 100,000 eggs from the back of a distribution trailer, authorities in Pennsylvania said. The theft occurred around 8:40 p.m. Saturday at Pete and Gerry’s Organics LLC in Greencastle, police said in a report. The eggs are worth about… Continue Reading…

Stocks

“Lunar company Intuitive Machines’ stock jumps more than 40% after NASA moon satellite contract”

“…The five-year contract, which has a maximum total value of $4.82 billion, will incrementally issue awards as work progresses. Intuitive Machines’ initial NSN award is worth $150 million. Intuitive Machines shares surged more than 40% in afternoon trading from its… Continue Reading…

Economy, Personal Finance

“40% of workers are behind on retirement planning. Not saving earlier was the biggest mistake”

“…In fact, 4 in 10 American workers — 40% — are behind on retirement planning and savings, largely due to debt, insufficient income or getting a late start, according to a new CNBC survey, which polled more than 6,600 U.S. adults in early August. Older… Continue Reading…

Stocks

“Dexcom shares plummet almost 40% after company misses on revenue, lowers guidance” [Jul 25 2024]

“Shares of Dexcom tumbled almost 40% in extended trading Thursday after the diabetes management company reported disappointing revenue for the second quarter and offered weak guidance. Here’s how the company did: Dexcom’s revenue increased 15% from $871.3 million a year earlier, according to a… Continue Reading…

Economy

“World’s richest 1% gained $40 [Trillion] in a decade: Oxfam”

“The world’s richest one percent increased their fortunes by a total of $42 trillion over the past decade, Oxfam said Thursday, ahead of a G20 summit in Brazil where taxing the super-rich tops the agenda. Despite this windfall, taxes on… Continue Reading…

Business

“Mike Lynch-backed legal tech startup Luminance raises $40 million, capitalizing on AI hype”

“Legal technology firm Luminance has raised $40 million in fresh funding from investors to grow its U.S. footprint, capitalizing on the wave of investor interest surrounding artificial intelligence… Luminance said its annual recurring revenue jumped roughly fivefold in the past… Continue Reading…

Economy, Real Estate

“Home affordability in 2023 tanked to lowest level in 40 years”

“…Only 15.5% of homes for sale last year were affordable for the typical US household, the lowest level since Redfin began tracking the data in 2013. That’s down from the typical level of 40% seen before the pandemic homebuying frenzy began and… Continue Reading…

Banking, Economy

“Turkey Central Bank Hikes Rate by Double the Forecast to 40%”

“…The Monetary Policy Committee raised the benchmark one-week repo rate by 500 basis points to 40%. The expectation was for an increase of 250 basis points and the currency extended gains after the decision… The currency’s down almost 35% against… Continue Reading…