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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…

Economy

“US: Housing market appears poised for a modest rebound – Wells Fargo”

“Following December’s plunge, housing starts rebounded 18.6% in January, mostly the result of a surge in single-family starts, explained analysts at Wells Fargo. They point out “residential building should continue to improve as permits run ahead of starts”… “Despite recent… Continue Reading…