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Economy, Energy

“Shell won’t buy any more Russian oil and gas”

“…Shell (RDSA) said Tuesday it was breaking completely with Russia’s giant energy industry, halting all purchases of Russian crude oil immediately and shutting its service stations in the country.The UK-based company, which last week announced it was dumping its investments in Russia, said its decision… Continue Reading…

Real Estate

“A record low number of consumers say now is a good time to buy a home”

“…A monthly survey from Fannie Mae showed home purchase sentiment in January fell to its lowest level since May 2020, at the start of the pandemic. Weaker affordability is clearly the problem.   Just one quarter of respondents said now… Continue Reading…

Economy, Personal Finance

“34% of shoppers consider a large purchase anything over $250…”

“When it comes to large purchases, Americans are showing they like to think ahead. Two out of three shoppers say they spend more time planning a large purchase than they do paying it off, according to a Wallethub survey. For 34%… Continue Reading…

Stocks

“Looking for Value Stocks? Analysts Suggest 2 Names to Buy”

“…Vontier (VNT)… In light of these comments, Raso rates Vontier an Outperform (i.e. Buy), and his $42 price target implies an upside of ~40% for the year ahead… Overall, there are 3 analyst reviews on record for this stock, and they… Continue Reading…

Personal Finance

“Over a third of Americans have missed payments for Afterpay, other ‘buy now, pay later’ services”

““Buy Now, Pay Later” services, such as Affirm, Afterpay, and Klarna, are gaining popularity with Americans — a whopping 74% of shoppers say they have used them, according to a Breeze Survey of 1,500 Americans taken from January 4 to January… Continue Reading…

Business

“Microsoft sets record for biggest tech deal ever, topping Dell-EMC merger in 2016”

“On Tuesday, Microsoft said it’s buying video game publisher Activision Blizzard for almost $69 billion, a price that would narrowly eclipse the richest U.S. tech deal in history. In 2016, Dell purchased EMC for $67 billion. The JDS-SDL deal comes next, followed by IBM’s $34 billion… Continue Reading…

Cryptocurrencies

“Dogecoin jumps 9% after Elon Musk says it can be used to buy Tesla merchandise”

“The price of dogecoin jumped more than 15% on Friday before paring gains after Tesla began accepting the cryptocurrency as payment for some merchandise. Early Friday, Tesla CEO Elon Musk said on Twitter that the electric carmaker’s merchandise can be purchased with dogecoin… Dogecoin… Continue Reading…

Stocks

“2 “Strong Buy” Dividend Stocks Yielding at Least 8%”

“…Ready Capital Corporation (RC)… Overall, the Strong Buy consensus rating here is unanimous, and based on 5 positive reviews set in recent weeks. RC shares are trading at $15.63 and their average price target of $17.80 suggests ~14% upside by the… Continue Reading…

Economy

“…A record number of Americans say they won’t be buying holiday gifts this year”

“The rising prices for fuel, grocery items and other goods are weighing on many shoppers’ minds. Consumer confidence hit a 10-year low in November, according to the University of Michigan Consumer Sentiment Index, as inflation climbed to the highest levels since… Continue Reading…

Stocks

“Is Exxon Stock A Buy Ahead Of Q3 Earnings As Oil Prices Hit Multi-Year Highs?”

“FactSet analysts expect Exxon to swing to a profit of $1.56 per share in Q3 vs. an 18 cents per share loss in the year-ago quarter. Revenue is seen climbing 54% to $71.13 billion. Exxon has remained committed to its… Continue Reading…