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Business, Economy, Stocks

Global airline industry is expected to lose 51 billion in 2021 and 12 billion in 2022

“The global airline industry is expected to lose close to $12 billion next year, cutting its losses from this year by 78% as carriers slowly recover from the Covid-19 pandemic, the International Air Transport Association said in a forecast Monday.… Continue Reading…

Business, Stocks

“Who gets the $12.6M in restitution from the Robinhood settlement”

“On Wednesday, Robinhood reached a settlement with FINRA over a multitude of issues, agreeing to pay a fine of $57 million and restitution to customers of $12.6 million. In the 122-page settlement document against Robinhood, FINRA explains that the company “has paid or intends… Continue Reading…

Business

“Under Armour posts more than 2,300 new jobs and hikes minimum hourly pay 50% to $15”

“Under Armour Inc. posted more than 2,300 jobs in the second quarter according to GlobalData research, a “hiring spree” that comes at a time when finding new workers has become more difficult… Last month, Under Armour announced that it was… Continue Reading…

Investing, Stocks

“Buy these stocks as S&P 500 heads for 11% correction and bitcoin risks fall to $12,000, say strategists.”

“Our call of the day, from strategists Barry B. Bannister and Thomas R. Carroll at the equity trading desk of investment bank Stifel, is that the S&P 500 is heading for an 11% pullback while bitcoin could fall to $12,000… A… Continue Reading…

Economy, Stocks

“Oil Breaks Through $70 a Barrel. Here’s How It Could Keep Going.”

“Oil prices have rebounded even faster than most oil bulls had expected, and on Monday, oil futures briefly crossed a key threshold. West Texas Intermediate futures, the benchmark for U.S. oil, rose above $70 a barrel late on Sunday, the first… Continue Reading…

Stocks

“3 “Strong Buy” Stocks Under $10 With Triple-Digit Upside Potential”

“RedHill Biopharma (RDHL)… Overall, based on all the above factors, Wall Street analysts are thoroughly impressed with RDHL. It boasts 100% Street support, or 4 Buy ratings in the last three months, making the consensus a Strong Buy. Shares are selling… Continue Reading…

Cryptocurrencies

“Bitcoin will eventually hit ‘$1 million a coin,’ CoinDesk editor predicts”

““Bitcoin is going to $1 million a coin,” CoinDesk Learn Editor Ollie Leech said. “I actually believe that it will, at some stage, with just the scarcity aspect alone, it makes it an incredibly exciting asset to hold… Bitcoin is… Continue Reading…

Economy, Investing

“Risky oil companies snap up $20bn in junk bond record”

“Lowly rated US energy companies that struggled for survival last year are finding renewed optimism among investors after a surge in oil prices, helping them raise a record amount of debt to fend off bankruptcy. Energy and power companies tracked… Continue Reading…

Personal Finance

“How an 18-year-old has made more than $30,000 in about 3 years selling Lego online”

“Selling his old Lego pieces over the first six or so months brought Fiore about $200. Fiore, who is about to turn 18, has turned the side hustle into a business, Summerfield’s Toys, through which he sells different Lego sets and minifigures online… Continue Reading…

Stocks

“10 Best Stocks Under $10 This Past Week: BlackBerry Soars”

“1. BlackBerry Ltd BB | Increased +38.54% | Price $8.52 BlackBerry  (BB) – Get Report shares were rising after it announced a deal with Amazon’s cloud business. BlackBerry was one of the top five stock gainers on Tuesday. 2. United Microelectronics UMC | Increased +27.26% |… Continue Reading…