Economy

“Inflation rises 7% over the past year, highest since 1982”

“…The consumer price index, a gauge that measures costs across dozens of items, increased 7%, according to the department’s Bureau of Labor Statistics. On a monthly basis, CPI increased 0.5%. Economists surveyed by Dow Jones had been expecting the measure to… Continue Reading…

Business, Economy

“Natural gas drops 7%, sharpest decline since January following big run-up on supply concerns”

“Natural gas futures dipped as much as 8% on Wednesday, pulling back from a more than seven-year high above $6 per million British thermal units hit during the prior session. The contract for November delivery fell to a low of… Continue Reading…

Business, Stocks

“Shell Investors Get Surprise $7 Billion Payout on Shale Deal”

“Royal Dutch Shell Plc shareholders will get an unexpected $7 billion payout after the company promised to give them three quarters of the proceeds from the sale of Permian shale oil fields to ConocoPhillips… The cash pledge comes less than… Continue Reading…

Economy

“More than 7 million Americans to lose jobless benefits on Labor Day”

“Over seven million people across the U.S. will lose their unemployment benefits beginning on Monday as pandemic safety nets expire.  The emergency federal jobless benefits are set to end on Labor Day, while another three million people will lose their additional $300 boost to state unemployment… Continue Reading…

Stocks

“2 Big Dividend Stocks Yielding 7%; Analysts Say ‘Buy’”

“Black Stone Minerals (BSM)… Unsurprisingly, Freeman rates the stock as a Strong Buy, and sets a $15 price target suggesting an upside of ~50% for the year ahead… Overall, Black Stone has attracted attention from 5 Wall Street analysts, whose… Continue Reading…

Stocks

“7 Best Energy Stocks to Buy in 2021”

“Suncor Energy (SU) Another pick of billionaire Warren Buffett is Suncor Energy, one of Canada’s largest integrated energy companies, operating in Canada, the U.S. and the North Sea. While it is one of Berkshire Hathaway’s smallest holdings, at 1.3%, it… Continue Reading…

Stocks

“7 Dividend ETFs To Buy And Watch For 2021”

“Seven Dividend ETFs To Consider In 2021 Ranked by assets, as of Feb. 21 (S&P 500 yield as of Feb. 22: 1.5%): 1. Vanguard Total Stock Market ETF (VTI), $218 billion in assets, 1.3% annualized yield. 2. Vanguard Dividend Appreciation… Continue Reading…

Stocks

“2 “Strong Buy” Dividend Stocks Yielding at Least 7%”

“Williams Companies (WMB)… With 8 recent reviews on record, including 7 Buys and just 1 Hold, WMB has earned its Strong Buy analyst consensus rating. While the stock has gained in recent months, reaching $23, the average price target of… Continue Reading…

Precious Metals, Stocks

“Silver jumps 7% as Reddit traders try their squeeze play with the metal”

“Silver futures traded 7.3% higher at $28.87 an ounce at roughly 11:15 a.m. ET. The metal previously traded up around 11%, which would have marked the largest one-day pop in silver on NYMEX since a 13% spike in March 2009…… Continue Reading…

Stocks

“Raymond James: 2 Big 7% Dividend Stocks to Buy Now”

“Enterprise Products Partners (EPD)… It’s not often that the analysts all agree on a stock, so when it does happen, take note. EPD’s Strong Buy consensus rating is based on a unanimous 9 Buys. The stock’s $24.63 average price target… Continue Reading…