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Economy

“Food prices jump 20.7% yr/yr to hit record high in Feb, U.N. agency says”

March 7, 2022

“World food prices hit a record high in February, led by a surge in vegetable oils and dairy products, to post a 20.7% increase year-on-year, the U.N. food agency said on Friday…FAO said its vegetable oils index rose 8.5% month-on-month… Continue Reading…

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Economy

“February jobs rose a surprisingly strong 678,000, unemployment edged lower while wages were flat”

March 4, 2022

“Job growth accelerated in February, posting its biggest monthly gain since July as the employment picture got closer to its pre-pandemic self. Nonfarm payrolls for the month grew by 678,000 and the unemployment rate was 3.8%, the Labor Department’s Bureau… Continue Reading…

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Energy, Stocks

“Top Energy Stocks for February 2022”

February 1, 2022

“Best Value Energy Stocks These are the energy stocks with the lowest 12-month trailing price-to-earnings (P/E) ratio. Because profits can be returned to shareholders in the form of dividends and buybacks, a low P/E ratio shows that you’re paying less for each dollar of… Continue Reading…

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Real Estate

“Pending home sales fell over 10% in February, as record low supply stifles the housing market”

March 31, 2021

“The U.S. housing market is suffering from its lowest supply in history, and that is taking an increasingly hard toll on sales. Pending home sales, a measure of signed contracts on existing homes, fell a wider-than-expected 10.6% in February compared… Continue Reading…

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Economy

“US Economy Creates 379,000 Jobs in February”

March 17, 2021

“The US economy created 379,000 jobs in February. Some 355,000 of these jobs were within the leisure and hospitality sector…” https://finance.yahoo.com/news/us-economy-creates-379-000-110000672.html America’s service economy is huge and much of it was shut down artificially. Everyone can expect some “good” job… Continue Reading…

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Stocks

“Top Dividend Stocks for February 2021”

January 21, 2021

“Below, we look at the top 5 dividend stocks in the Russell 1000 by forward dividend yield, excluding companies with payout ratios that are either negative or in excess of 100%. Each of the dividend stocks listed below significantly underperformed the… Continue Reading…

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Economy

“Oil breaks above $50 for the first time since February”

January 5, 2021

“U.S. West Texas Intermediate crude futures, the U.S. oil benchmark, broke above $50 on Tuesday for the first time since February. The move higher marks a steady comeback for oil prices after the coronavirus pandemic and subsequent demand loss sent futures… Continue Reading…

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Banking

“U.S. Fed’s balance sheet shrinks for first time since February”

June 19, 2020

“The Federal Reserve’s assets shrank this week for the first time since February, reflecting a sharp drop in currency swaps with foreign central banks and a continued slackening in demand for other emergency credit facilities. The Fed’s balance sheet –… Continue Reading…

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Economy

“Federal Taxes and Spending Set Records Through February”

March 12, 2020

“During the October-February period, the government spent a record $1,991,272,000,000 while it collected a record $1,366,750,000,000 in taxes… Thus, while running up records in taxing and spending for the first five months of the fiscal year, the federal government also… Continue Reading…

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Economy

“Weak February US retail sales underscore slowing economy”

April 2, 2019

“U.S. retail sales unexpectedly fell in February, the latest sign economic growth has shifted into low gear as stimulus from $1.5 trillion in tax cuts and increased government spending fades. The weak report from the Commerce Department on Monday joined… Continue Reading…

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