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Stocks

“S&P 500 and Nasdaq hit record highs as stocks try for sixth straight day of gains”

“Stocks rose slightly on Wednesday as Wall Street tried to extend its winning streak to six days. However, gains were kept in check as investors digested weak earnings from shipping giant FedEx. The S&P 500 and Nasdaq Composite both hit intraday all-time highs, gaining… Continue Reading…

Stocks

“Stocks rise for a fourth straight day, hit record highs”

“Stocks hit record highs on Monday and notched their fourth straight gain as a so-called phase one trade deal between China and the U.S. clears the path higher for Wall Street to end a banner year. The Dow Jones Industrial Average closed… Continue Reading…

Stocks

“Peloton saw $942 million in market value wiped out in a single day…”

“Shares of Peloton, the buzzy bike startup, fell more than 9% on Tuesday as backlash to a new holiday ad built on social media. That erased nearly $942 million from Peloton’s market value in a single day, bringing the company’s market… Continue Reading…

Banking, Economy

“… Black Friday or Cyber Monday [which] is the better day…”

“Cyber Monday traditionally comes three days after Black Friday and revolves around online deals. It’s even bigger than Black Friday — retail sales this year are expected to top $10 billion… In short, yes. “When comparing the two days last year,… Continue Reading…

Predictions, Opinions, & Comments, Stocks

“Today is historically the single best day for the stock market all year”

“Oct. 28 has been the single best day of the year for stocks going back to 1950 with an average return of 0.54% on the S&P 500, according to Ryan Detrick, senior market strategist for LPL Financial. The S&P 500 hit… Continue Reading…

Economy

“Biggest US cities losing hundreds of workers every day, and even more should be fleeing”

“Among the reasons? Skyrocketing housing costs, pricey child care, the crowds and relentless traffic. Sometimes the local culture isn’t a fit or they want to be nearer to family. Unfortunately many workers would love to leave the cities behind but need to… Continue Reading…

Business, Economy

“More Companies Turning To The 4-Day Work Week To Entice New Employees, Report Finds”

“With unemployment at historic lows, many companies around the country are attracting employees with all kinds of perks. One that’s gaining popularity: the four-day work week. A report from the Society for Human Resource Management reveals 27 percent of companies nationwide… Continue Reading…

Economy, Stocks

[8/14/19] “Dow tanks 800 points in worst day of 2019…”

“Stocks plunged Wednesday in the Dow Jones Industrial Average’s worst performance of 2019 after the bond market flashed a troubling signal about the U.S. economy. The Dow dropped 800.49 points or 3.05% to 2,5479.42, its worst percentage drop of the year and… Continue Reading…

Economy

“U.S. Oil Output Tops 12 Million Barrels a Day for First Time”

“U.S. crude output soared to new heights in April, highlighting OPEC’s dilemma just days before the producer group meets amid growing geopolitical threats. A government report on Friday showed U.S. production grew 2.1% in April to 12.16 million barrels a… Continue Reading…

Business, Economy

“Four day work weeks sound too good to be true. These companies make it work”

” Shake Shack recently announced it would test out the idea of a four-day workweek at some of its restaurants on the West Coast. The tests vary by restaurant, but employees work an average of 40 hours in four days with the… Continue Reading…