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Cryptocurrencies

“Cryptocurrencies tumble, with bitcoin falling 7% and ether down 8% in the last 24 hours”

“Bitcoin prices fell sharply on Thursday night, while ether prices also dived, wiping off nearly $150 billion from the crypto market. Bitcoin fell about 7% in the last 24 hours, and dropped as low as $38,287 in the same period, according… 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…

Real Estate

“Mortgage rates fall to a record low for the eighth time this year, making buying a home more affordable for many Americans”

“As mortgage rates continue to decline to new record lows, prospective home buyers are facing a frustrating situation: Cheap financing is everywhere, but there’s seldom a home to buy. The 30-year fixed-rate mortgage averaged 2.88% for the week ending August… Continue Reading…

Business, Stocks

“Why Mastercard Stock Climbed 58% in 2019”

“Shares of Mastercard (NYSE:MA) gained 58.3% last year, according to data provided by S&P Global Market Intelligence. That compares to a return of 28.9% for the S&P 500 index. The payment processor continued to post stellar growth rates on the top and bottom line. Investors see… Continue Reading…

Stocks

“Stocks rise, lifting Nasdaq to a record…”

“The Dow Jones Industrial Average gained 161.41 points, or 0.6% to close at 28,745.09. The Nasdaq Composite advanced 0.7% to 9,129.24 and notched intraday and closing records. The S&P 500 climbed 0.5% to 3,253.05and hit an intraday all-time high. The Dow was up as much as… Continue Reading…

Economy

“Internet shutdowns cost the global economy $8 billion last year, report says”

“More than 18,000 hours of internet shutdowns around the world caused by deliberate government action costmore than $8 billion in 2019, a new report estimates… The report, which examines partial and total shutdowns across 122 countries, was published by the internet… 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, Personal Finance

“Half of Older Americans Have Nothing in Retirement Savings”

“…almost half of Americans approaching retirement have nothing saved in a 401(k) or other individual account. The good news is that the new estimate, from the U.S. Government Accountability Office, is slightly better than a few years earlier. Of those… Continue Reading…

Economy

“Your Social Security check won’t cover rent in these 8 states”

“According to data released earlier this year by apartment research site Abodo, national median rent in the country for a one-bedroom apartment hit $1,025 in 2018. This means 76 percent of the average Social Security benefit is being gobbled up by… Continue Reading…

Stocks

Q4 2018: “Wheeler REIT plunges 28% after suspending preferred dividends”

Wheeler Real Estate Investment Trust (NASDAQ:WHLR) plunges 28% after the REIT says it won’t pay Q4 dividends on its preferred stock “at this time,” citing its ongoing review of strategic alternatives. Plans to accelerate efforts to reduce short-term, higher-cst debt where accretive… Continue Reading…