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Stocks

“…High-Yield Dividend Stock [UPS] That’s Down 45%”

“…Why has UPS stock plunged roughly 45%? The short answer is that the company’s revenue and earnings have declined. That’s all investors need to bail out on a stock. Several factors contributed to UPS’ declining financial fortunes, though…” https://finance.yahoo.com/news/once-decade-opportunity-buy-magnificent-095000113.html

Business

“UPS to Cut 12,000 Jobs and Mandate Return to Offices Five Days a Week”

https://www.wsj.com/business/earnings/ups-to-cut-12-000-jobs-as-delivery-business-slows-d832f1d2?siteid=yhoof2 The article is behind a paywall so I’ll just speak about the title. It seems like UPS isn’t doing to well. The order to return to offices is because of commercial real estate offices they rented. It’s a waste… Continue Reading…

Cryptocurrencies

“These are the boldest bitcoin predictions for 2024 — one calls for a 1,000% rally to $500,000”

“Bitcoin had a huge rally in 2023, with the digital currency up some 152% for the year… With fervor returning to the crypto markets, industry executives are calling the start of a new bull run, mainly predicated on two things — the… Continue Reading…

Business, Economy

“50% of companies want workers back in office 5 days a week–why experts say this strategy could fail”

“About 50% of leaders say their company already requires or is planning to require employees to return to in-person work full-time in the next year, according to new research from Microsoft, which surveyed 31,102 workers around the world between January and… Continue Reading…

Economy, Energy

“…Americans are warned to budget for $5-A-GALLON gas as oil prices surge during Russian invasion of Ukraine and US national average rises to $3.61”

“Americans can expect to see gas prices to rise to $5 a gallon in the coming weeks, as the cost of oil continues to rise in the days following Russia’s invasion of Ukraine, experts say – and some parts of California… Continue Reading…

Stocks

“Best Dividend Stocks For 2021: Five Strong-Yield Stocks Beating The S&P 500”

“Broadcom (AVGO), Texas Instruments (TXN), T. Rowe Price (TROW), Fastenal (FAST) and Home Depot (HD) count among the best dividend stocks for 2021, yoking solid yields to strong performance. Broadcom and the other top dividend stocks can give a big boost to growth and income portfolios.Volume 0%02:1902:19 … Best Dividend… Continue Reading…

Stocks

“Dow rises for the fourth time in five days, ekes out record closing high”

“The Dow Jones Industrial Average gained 73.89 points, or 0.2%, to 30,409.56. The 30-stock average eked out a record closing high. The S&P 500 climbed 0.1% to 3,732.04, and the Nasdaq Composite advanced 0.2% to close at 12,870. Wednesday marked the fourth positive session in five… Continue Reading…

Business

“Disney Enters Into New $5 Billion Credit Agreement”

“The company now has access to more than $13 billion in credit, should it be needed… In a filing Monday with the SEC, Disney said that it had signed a new 364-day revolving credit agreement with Citibank that would provide… Continue Reading…

Economy, Stocks

“Stocks are finally flashing signs of a confirmed bottom, says analyst who called 25% rally”

“With the S&P 500 surging more than 10% for the week ending April 9 to wrap up its best weekly gain since 1974, investors might be giving more credence to the belief that the worst of the stock market rout is… Continue Reading…

Economy

“3.3 million seek US jobless aid, nearly 5 times earlier high”

“Nearly 3.3 million Americans applied for unemployment benefits last week — almost five times the previous record set in 1982 — amid a widespread economic shutdown caused by the coronavirus… Layoffs are sure to accelerate as the U.S. economy sinks into a… Continue Reading…