Stocks

“Amazon soars after huge earnings beat”

“Shares of Amazon climbed as much as 11% in extended trading on Thursday after smashing earnings expectations for the fourth quarter. The company’s market cap surged above $1 trillion after hours on the back of the powerhouse earnings report. In doing so, it joined Apple, Alphabet and Microsoft,… Continue Reading…

Economy

“For First Time in 26 Years, All U.S. Metros Enjoyed Income Gains”

“Americans in every U.S. metropolitan area experienced economic prosperity in 2018, according to a recent report from the Bureau of Economic Analysis. For the first time in 26 years, no metro area saw per-capita incomes fall that year — the… Continue Reading…

Economy

“…World’s Richest Gain $1.2 Trillion”

“…the richer they were at the start of the year, the richer they got. The world’s 500 wealthiest people tracked by the Bloomberg Billionaires Index added $1.2 trillion, boosting their collective net worth 25% to $5.9 trillion… Leading the 2019… Continue Reading…

Economy, Stocks

“Global stock markets gained $17 trillion in value in 2019”

“Global stock markets have been on a torrid run in 2019, adding more than $17 trillion in total value, according to Deutsche Bank calculations. The value of global equities began the year just under $70 trillion but has now surpassed… Continue Reading…

Stocks

“S&P 500 and Nasdaq hit record highs as stocks try for sixth straight day of gains”

“Stocks rose slightly on Wednesday as Wall Street tried to extend its winning streak to six days. However, gains were kept in check as investors digested weak earnings from shipping giant FedEx. The S&P 500 and Nasdaq Composite both hit intraday all-time highs, gaining… Continue Reading…

Economy

“U.S. Core Consumer Inflation Tops Projections in Broad Gain”

“The core consumer price index, which excludes food and energy, rose 0.3% from the prior month, the most since January 2018, and 2.1% from a year earlier, Labor Department data showed Thursday. Both figures exceeded estimates. The broader CPI climbed… Continue Reading…

Cryptocurrencies, Stocks

“Bitcoin Topping $11,000 Propels Crypto-Linked Stocks Higher”

“Stocks with exposure to bitcoin are rallying in pre-market trading after the cryptocurrency traded above $11,000 for the first time in 15 months. Crypto-linked securities with pre-market gains include: Grayscale Bitcoin Trust BTC, which is gaining 7.8%; Riot Blockchain Inc.,… Continue Reading…

Business, Economy

“Private payrolls surge by 275,000 in April, blowing past estimates in biggest gain since July”

…Services-providing jobs increased by 223,000 in April, led by a gain of 59,000 positions in professional and business services. Education and health services companies added 54,000 jobs while employment within the leisure and hospitality industry expanded by 53,000. Goods-producing jobs… Continue Reading…

Economy, Stocks

“S&P 500 posts fifth straight day of gains amid positive trade reports”

“U.S. stocks ended higher amid positive reports for a U.S.-China trade deal and growth in eurozone economies. The S&P 500 (^GSPC) rose 0.21%, or 6.16 points, as of market close, landing its fifth consecutive day of advances as the materials… Continue Reading…

Real Estate

“These 25 cities are losing more residents than they are gaining as population declines”

“The United States is the third largest landmass of any country in the world. Indeed, Americans have options when deciding where to live. .. According to recent Census data, nearly a fifth of all states reported a population decline in… Continue Reading…