Economy

“Federal Taxes and Spending Set Records Through January”

“The federal government set records for both the amount of taxes it collected and the amount of money it spent in the first four months of fiscal 2020 (October through January), according to data released today in the Monthly Treasury Statement.… Continue Reading…

Economy

“U.S. Household Debt Exceeds $14 Trillion for the First Time”

“Total U.S. household debt rose by $601 billion in the fourth quarter from a year earlier, or 1.4%, surpassing $14 trillion for the first time, the New York Fed’s quarterly household credit and debt report showed. That’s $1.5 trillion above… Continue Reading…

Economy

“New High of 90% of Americans Satisfied With Personal Life”

“Nine in 10 Americans are satisfied with the way things are going in their personal life, a new high in Gallup’s four-decade trend. The latest figure bests the previous high of 88% recorded in 2003… These results are from Gallup’s… Continue Reading…

Economy

Record Economic Optimism: Highest In 44 Years

“Economic optimism has reached a 44-year high and economic gloom a record low under President Trump in the latest survey that shows people in the United States are cheering their best personal economy in decades. For the first time in… Continue Reading…

Business

“Coca-Cola Stock Hits All-Time High After Strong Quarter”

“Dow component The Coca-Cola Company (KO) posted an all-time high above $59 on Friday, one day after the beverage giant filed a solid fourth quarter 2019 report that exceeded conservative revenue estimates. Revenue grew an impressive 28.2% year over year,… Continue Reading…

Business

“Apple delivers best-ever quarter, powered by iPhones, services”

“Apple on Tuesday posted record results for the final three months of last year delivered by gains in iPhone sales even as the company transitions to digital services and wearables… Net profit hit an all-time high of $22 billion on… Continue Reading…

Stocks

“Stocks rise, lifting Nasdaq to a record…”

“The Dow Jones Industrial Average gained 161.41 points, or 0.6% to close at 28,745.09. The Nasdaq Composite advanced 0.7% to 9,129.24 and notched intraday and closing records. The S&P 500 climbed 0.5% to 3,253.05and hit an intraday all-time high. The Dow was up as much as… Continue Reading…

Stocks

“U.S. stocks climb again in Santa Claus rally as all three main indexes close at records”

“U.S. stocks powered higher again Thursday, helped by reports of record year-end retail sales… How are benchmarks performing? The Dow Jones Industrial Average DJIA, +0.05%   rose 105.94 points or 0.37% to 28,621.39 and has gained for 9 of the past 11 trading… 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…

Stocks

“Stocks rise for a fourth straight day, hit record highs”

“Stocks hit record highs on Monday and notched their fourth straight gain as a so-called phase one trade deal between China and the U.S. clears the path higher for Wall Street to end a banner year. The Dow Jones Industrial Average closed… Continue Reading…