September 24, 2024
“…The 10-year Treasury yield was last down around 1 basis point at 3.732%. The 2-year Treasury note yield fell around 2 basis points at 3.585%. The yield on the 10-year Treasury was higher by almost 8 basis points for the… Continue Reading…
September 9, 2024
“Companies hired just 99,000 workers last month, less than the downwardly revised 111,000 in July and below the consensus forecast for 140,000, according to payrolls processing firm ADP. The report corroborates multiple data points recently that show hiring has slowed… Continue Reading…
August 14, 2024
“Calls for higher taxes on the super-rich are gaining traction and even conservative governments are joining in… “I don’t think I have seen such big a transformation in the narrative around the tax on wealth as I have in the… Continue Reading…
August 14, 2024
“…Sales for the month reached NT$256.95 billion ($7.9 billion). For the third quarter, analysts project TSMC revenue should grow 37% to NT$747.4 billion, with the July result suggesting TSMC may surpass those expectations…” https://finance.yahoo.com/news/tsmc-sales-grow-45-july-054146804.html
July 25, 2024
“The world’s richest one percent increased their fortunes by a total of $42 trillion over the past decade, Oxfam said Thursday, ahead of a G20 summit in Brazil where taxing the super-rich tops the agenda. Despite this windfall, taxes on… Continue Reading…
May 6, 2024
“… …” https://www.cnbc.com/2024/05/06/berkshire-hathaway-gains-as-insurance-lifts-first-quarter-profit-and-cash-nears-200-billion.html That 200 billion will be used to buy up the markets after they collapse. They are waiting for the commercial real estate crisis. It’s going to affect the banks which will affect everything else.
March 11, 2024
https://www.wsj.com/economy/jobs/economy-blue-collar-wage-increases-a71e5eee This article is behind a paywall. Amazing they want you to pay for them to lie to you. Have any of these writers been to the grocery store? Groceries and utilities affect lower income workers the most. This is… Continue Reading…
February 28, 2024
“…Berkshire’s Class A shares last fell by 2.2%. Earlier in the session, the stock reached an all-time intraday high of $647,039, according to FactSet data. The shares settled at $615,356. Meanwhile, Class B shares declined by 1.9%. At one point,… Continue Reading…
February 21, 2024
“Lyft shares closed up over 35% on Wednesday, retaining some gains after the company said it made a major error in a press release reporting its latest results, but still outperformed analyst estimates… Lyft stock initially shot up more than 60%… Continue Reading…
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