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Economy, Stocks

“Dow closes down 600 points, Nasdaq enters correction after weak jobs report…” [Aug 3 2024]

“Stocks fell sharply on Friday as a much weaker-than-anticipated jobs report for July ignited worries that the economy could be falling into a recession. The broad market index dropped 1.84% to end at 5,346.56. The Nasdaq Composite lost 2.43% to close at 16,776.16, bringing… Continue Reading…

Business

“Apple lays off over 600 California employees after shuttering car project”

“…The filing comes weeks after Apple canceled a long-running project to build an electric, self-driving car in a team called the Special Projects Group. While the California notice didn’t mention the specific projects where jobs are being cut, none of the locations… Continue Reading…

Business, Economy, Personal Finance

“The IRS reminds Americans earning over $600 on PayPal, Venmo, or Cash App transactions to report their earnings”

“If you use third-party payment platforms, like PayPal, Venmo or Cash App, to collect payments for your side gig or business, the Internal Revenue Service (IRS) wants to remind you to report payments of at least $600. This rule is aimed at individuals who… Continue Reading…

Stocks

“Stocks rally to start October and a new quarter, Dow up more than 600 points”

“…The Dow Jones Industrial Average jumped 681 points higher, or 2.3%. At one point it advanced as much as about 700 points. The S&P 500 rose 2.1%, after falling Friday to its lowest level since November 2020, and the Nasdaq… Continue Reading…

Economy, Stocks

“Dow falls 600 points, tumbling below 30,000 to the lowest level in more than a year”

“The Dow Jones Industrial Average tumbled below the key 30,000 level on Thursday as investors worried the Federal Reserve’s more aggressive approach toward inflation would bring the economy into a recession. The Dow had rallied on Wednesday after the Fed… Continue Reading…

Stocks

“Dow falls 600 points to start the week as omicron continues to spook markets”

“The Dow Jones Industrial Average dropped 600 points, dragged down by losses in Boeing, Goldman Sachs and American Express. The S&P 500 dipped 1.4% and the technology-focused Nasdaq Composite declined 1.3%. The small-cap benchmark Russell 2000 lost 2.2%…” https://www.cnbc.com/2021/12/19/stock-market-futures-open-to-close-news.html People shorting the markets right… Continue Reading…

Business

“Amazon has banned over 600 Chinese brands as part of review fraud crackdown”

“Have you noticed some well-known tech accessory makers disappearing from Amazon? Those aren’t just rare incidents — they’re part of a larger campaign. In a response to The Verge, Amazon has confirmed a South China Morning Post report that the internet giant has banned over 600… Continue Reading…

Economy

PREDICTION PROVEN: “Rally gains steam… Dow jumps 600 points

“U.S. stocks climbed on Wednesday, led by tech shares… The Dow Jones Industrial Average jumped 610 points, or 2.2%. The S&P 500 traded 2.3% higher. The tech-heavy Nasdaq Composite popped 3.2% as investors crowded back into the trade that’s been… Continue Reading…

Business

“As Tesla surges 600% off its 2020 low, meet the next electric car newcomer going public”

“Electric vehicle companies are enjoying an incredible moment in 2020, spearheaded by Tesla (TSLA), which saw shares surge 600% from their March lows, and Chinese rival Nio (NIO), also enjoying a similar 700% pop. Investors also battled over shares in… Continue Reading…

Economy, Personal Finance

“Credit card CEO warns of dark times when the $600 unemployment benefit expires”

“Margaret Keane has been in the credit card business for 40 years and she’s seeing something she never expected: There’s mass unemployment, yet Americans are paying their bills on time. In normal times, that’d be good sign of financial responsibility.… Continue Reading…