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Economy

“Job openings surge above 10 million for first time ever, Labor Department says”

August 9, 2021

“There were 10.1 million open jobs on the final day of June, the report said, up from 9.2 million in May. Economist polled by Dow Jones were expecting 9.1 million openings. The jump came as the quits rate increased while… Continue Reading…

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Stocks

“J.P. Morgan Says These 2 Stocks Are Ready to Rip Higher”

August 5, 2021

“EverCommerce (EVCM)… This newly public stock has picked up 13 reviews in its short time on the markets, including 11 Buys and 2 Holds for a Strong Buy consensus rating. EverCommerce shares are selling for $18.06, and their $22.15 average price… Continue Reading…

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Stocks

“Robinhood Has the Worst Debut Ever for IPO of Its Size”

July 30, 2021

“Shares in the broker behind the meme-stock revolution fell 8.4% below the IPO price in the company’s first trading session. That’s the worst debut on record among 51 U.S. firms that raised as much cash as Robinhood or more, according… Continue Reading…

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Economy

“Second-quarter GDP plunged by worst-ever 32.9% amid virus-induced shutdown”

July 30, 2020

“The U.S. economy saw the biggest quarterly plunge in activity ever, though the plummet in the second quarter wasn’t as bad as feared. Gross domestic product from April to June plunged 32.9% on an annualized basis, according to the Commerce… Continue Reading…

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Economy, Real Estate

“Mortgage delinquencies surge by 1.6M in April, the biggest monthly jump ever”

June 17, 2020

“Delinquencies among borrowers for past-due mortgages are soaring, a sign that Americans are struggling to pay their bills amid a wave of layoffs and lost income from the coronavirus pandemic. Mortgage delinquencies surged by 1.6 million in April, the largest… Continue Reading…

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Business

“Apple delivers best-ever quarter, powered by iPhones, services”

January 29, 2020

“Apple on Tuesday posted record results for the final three months of last year delivered by gains in iPhone sales even as the company transitions to digital services and wearables… Net profit hit an all-time high of $22 billion on… Continue Reading…

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Economy, Stocks

Stock Market: “This is now the best bull market ever”

November 15, 2019

“The current market boom, which started March 9, 2009, has enjoyed a whopping 468% gain for the S&P 500 through the first day of November, making this record-long bull run also the best-performing one since World War II, according to… Continue Reading…

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Economy

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

July 16, 2019

“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…

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Economy, Stocks

“Dow jumps 200 points to break above 27,000 for the first time ever”

July 11, 2019

“The Dow Jones Industrial Average rallied to a record high on Thursday, led by UnitedHealth shares, after testimony by Federal Reserve Chair Jerome Powell that signaled easier monetary policy could be implemented later this month… Meanwhile, the S&P 500 rose 0.3% to trade back above… Continue Reading…

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Economy

“US auto sales are falling as prices for new vehicles jump to highest ever”

March 27, 2019

“U.S. auto sales are falling as vehicle prices climb, indicating that buyers at the lower end are getting squeezed out of the new car market, according to a new industry forecast. First-quarter auto sales are expected to drop by nearly… Continue Reading…

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