Business, Economy, Stocks

Global airline industry is expected to lose 51 billion in 2021 and 12 billion in 2022

“The global airline industry is expected to lose close to $12 billion next year, cutting its losses from this year by 78% as carriers slowly recover from the Covid-19 pandemic, the International Air Transport Association said in a forecast Monday.… Continue Reading…

Stocks

“2 Dividend Stocks Under $10 With at Least 11% Dividend Yield”

“Falcon Minerals Corporation (FLMN) We’ll start in the energy industry. Falcon Minerals is a small-cap oil and gas company, with ownership of energy and mineral rights on more than a quarter-million acres in the Texas Permian Basin… Overall, Falcon has 5… Continue Reading…

Business, Economy

“House Democrats propose top 39.6% tax rate at these income levels”

“House Democrats have proposed a top marginal income tax rate of 39.6% for individuals, part of a sweeping change to the tax code to fund climate investments and an expansion of the U.S. safety net. That rate, an increase from… Continue Reading…

Economy, Stocks

“Are Oil Prices Heading To $64 or $200? Depends On Who You Ask”

“Brent Crude prices are set to retreat to $64 a barrel by the end of 2021, one of Japan’s leading banks says, while the energy minister of a Gulf oil producer warned that the International Energy Agency’s suggestion of no… Continue Reading…

Economy

“Lukoil: OPEC+ Aims To Keep Oil Price In The $65-75 Range”

“The OPEC+ alliance looks to keep oil prices in the range between $65 and $75 per barrel, and this is a comfortable price for consumers, Vagit Alekperov, president and CEO at Russia’s second-largest producer, Lukoil, told Russian newspaper Kommersant. Brent Crude prices have not… Continue Reading…

Cryptocurrencies

“Bitcoin retakes $46,000 as rebound continues”

“The price of bitcoin broke past $46,000 on Monday morning after a high stakes weekend for the crypto industry as the Senate continued debating the details of its part in the still yet-to-be-passed infrastructure bill. Bitcoin traded as high as $46,050.61. That… Continue Reading…

Stocks

“3 “Strong Buy” Stocks Under $10 With Substantial Upside Potential”

“Electric Last Mile Solutions (ELMS)… The unanimous Strong Buy consensus rating on ELMS is based on 5 reviews since the stock entered the public markets. Shares are currently priced at $8.30 each, and their $15.40 average price target suggests a one-year… Continue Reading…

Stocks

“Baker Hughes stock gains after setting $2 billion stock repurchase program”

“Shares of Baker Hughes Co. rallied 0.8% in morning trading Friday, after the oilfield products and services company said it set a $2 billion stock repurchase program. Based Thursday’s stock closing price of $21.18, the buyback program represents about 9.1%… Continue Reading…

Business, Stocks

“Alphabet Could Scale to Fresh Record High on Upbeat Q2 Earnings; Target Price $3,000”

“The parent of Google and the world’s largest search engine that dominates internet search activity globally, Alphabet, is expected to report its second-quarter earnings of $19.33 per share, which represents year-over-year growth of about 90% from $10.13 per share seen in the same… Continue Reading…

Banking

“Wells Fargo Loses $800 Million Team to Insigneo”

“A Wells Fargo Advisors team managing more than $800 million in assets has left to join Insigneo, an independent broker-dealer and registered investment advisory firm, the company said.… Miami-based advisors Isadora Del Llano, Yzana Oestreicher, Maria Elena Garcia, and Nilia Gasson make up… Continue Reading…