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Business, Economy

“Billionaire tech CEO says bosses shouldn’t ‘BS’ employees about the impact AI will have on jobs”

“Jim Kavanaugh, CEO of World Wide Technology, told CNBC that people are “too smart” to accept artificial intelligence won’t alter their work environment. Business leaders shouldn’t “BS” employees about the impact of AI on jobs, Kavanaugh said, adding that they… Continue Reading…

Economy, Personal Finance

“44% of workers are ‘cautiously optimistic’ about meeting retirement goals, CNBC poll finds. Here are key planning steps at every age”

“Almost half, 44%, of workers in a new CNBC poll are “cautiously optimistic” about their ability to meet their retirement goals, and 27% say they are “realistic” about that happening.  About half, 52%, of millennials and 47% of Gen Xers… Continue Reading…

Economy, Personal Finance

“Only 37% of American workers feel good about their retirement savings…”

“…That’s according to CNBC’s August 2024 Your Money retirement survey conducted with SurveyMonkey, which found that only 37% of non-retired Americans are either “on schedule” or “ahead of schedule” with their retirement investments. Considering that more than half of Americans say they’re… Continue Reading…

Banking, Economy

“Sinking Treasury yields signal growing jitters about ‘everything’ ahead of Friday jobs report”

“…Thursday’s post-data rally in Treasurys sent yields plunging on everything from the 1-month T-bill BX:TMUBMUSD01M through the 30-year bond BX:TMUBMUSD30Y. The policy-sensitive 2-year rate BX:TMUBMUSD02Y dropped 17.4 basis points, or the most in a single session all year, to 4.163%. The 30-year yield fell 10… Continue Reading…

Stocks

“Worried About A Looming 40% Crash? It’s Here Already For 12 Stocks”

“Twelve stocks in the S&P 500, including Walgreens Boots Alliance (WBA), Dexcom (DXCM) and Super Micro Computer (SMCI), have already crashed 40% or more from their 52-week highs, says an Investor’s Business Daily analysis of data from S&P Global Market Intelligence and MarketSurge. A 40% decline is… Continue Reading…

Economy

“Bashing The Rich Is Not What America’s About,” Kevin O’Leary Says of Increasing Taxes For The Wealthy”

“Well-known entrepreneur and TV personality Kevin O’Leary recently spoke on Fox News about taxing the rich in response to a caller stating, “I just want an America where I have the chance to pay less in taxes than people like Kevin O’Leary.”…”… Continue Reading…

Economy

“Food as You Know It Is About to Change”

“It can be tempting, in an age of apocalyptic imagination, to picture the most dire future climate scenarios: not just yield declines but mass crop failures, not just price spikes but food shortages, not just worsening hunger but mass famine.… Continue Reading…

Stocks

“AMC Stock & GME Stock – SHAREHOLDER MEETING IS ABOUT TO START SQUEEZE/MOASS!!”

I think I should say this. As far as AMC goes I don’t care about their long term prospects. I’m a day trader. I’m going to pump and dump the stock. Now I will hold the stock for long intervals… Continue Reading…

Economy, Stocks

“Are Stocks Going to Crash if Donald Trump Wins and Republicans Control Congress? Here’s What History Says About Stock Market Returns When Republicans Win.”

“…There are two potential issues Wall Street and investors might have with a Republican-controlled Congress and Trump at the helm. To start with, Republicans may aim to pass tax reforms that would reduce corporate and personal income-tax rates. While people… Continue Reading…

Business, Economy

“Americans Don’t Care as Much About Work. And It Isn’t Just Gen Z.”

“By outward appearances, the labor market today looks much as it did before the pandemic. The unemployment rate is just as low, the share of adults in the labor force is just as high, and wages are growing at roughly… Continue Reading…