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Business

“Google agrees to America’s first newsroom funding deal. It’s already unpopular.”

“…Google has brokered a first-in-the-nation deal with California lawmakers to direct millions of dollars to local newsrooms, the latest in a series of global efforts to require tech companies to support the journalism they profit from…” https://www.politico.com/news/2024/08/21/google-california-newsroom-ai-00174817 Now this is… 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…

Stocks

“8 Companies Already Paying Huge Dividends Just Hiked Them”

“…Big S&P 500 Payers Hike Dividends Companies yielding 4.5% or more than announced dividend hikes this year Company Symbol Yield now Yield % change in the last 12 months Stock price YTD % ch. Sector Altria Group (MO) 7.06% 4.9%… Continue Reading…

Economy

Debt: “U.S. Budget Deficit Already Exceeds Last Year’s Total Figure”

“The gap grew to $866.8 billion in the first 10 months of the fiscal year, up 27% from the same period a year earlier, the Treasury Department said in its monthly budget report on Monday. That’s wider than last fiscal… Continue Reading…

Economy

“American retailers already announced 6,000 store closures this year. That’s more than all of last year”

“This year, US retailers have announced that 5,994 stores will close. That number already exceeds last year’s total of 5,864 closure announcements, according to a recent report from Coresight Research. Bankruptcies in the retail sector are piling up and chains… Continue Reading…

Economy

“…Nearly 5,000 store closings already in 2019”

“”Gap, Victoria’s Secret, J.C. Penney, Tesla and Abercrombie & Fitch. What do these companies have in common? They’re all closing stores this year. Already, 4,810 store closures have been announced by retailers in 2019, according to Coresight Research. And it’s… Continue Reading…