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Stocks

“Teladoc CEO departs the company after stock’s 95% fall from 2021 highs”

“…The company’s board of directors has temporarily appointed Mala Murthy, chief financial officer, as Gorevic’s replacement and hired an executive search firm to determine a permanent successor. Shares of Teladoc closed up more than 1% Friday but are down about… Continue Reading…

Stocks

“Stock market…Stocks slide as oil, yields touch 2024 highs”

“…The Dow Jones Industrial Average (^DJI) closed down about 1%, or nearly 400 points, setting the blue-chip index back from a bid to reach the key 40,000 level. The S&P 500 (^GSPC) shed about 0.7%, while the tech-heavy Nasdaq Composite… Continue Reading…

Economy

[More Lies] “FTC calls out profits as a driver of grocery prices”

“A new Biden administration report is raising questions about the cause of rising food prices, which have squeezed U.S. households for years after COVID-19 recession. Profits and inflation surged together in the aftermath of the pandemic, fueling intense debate among… Continue Reading…

Economy, Stocks

“Stock Market Surges to Start the Year: 22 Record Highs in 3 Months”

“The S&P 500, one of the most widely watched stock indexes in the world, has risen more than 10 percent over the first three months of 2024, buoyed by 22 record highs. Roughly 40 percent of the stocks in the index… Continue Reading…

Precious Metals

“Gold Retreats After Topping $2,200 an Ounce for the First Time”

“…The precious metal rose as much as 1.6% to a record $2,220.89 in early trading before erasing gains to drop as much as 0.9%. Gold has rallied nearly 10% since mid-February as the outlook for looser US monetary policy triggered… Continue Reading…

Precious Metals

“Daily Spotlight: Gold Prices Near Peak”

“When global economic conditions become unpredictable, investors often flock to gold. The yellow metal is trading above $2,100 per ounce. During the first phase of the pandemic, the spot price for an ounce of gold jumped 33% in six months… Continue Reading…

Business, Economy

“You’ll have almost zero competition to land a ‘highly paid’ job in these 10 cities”

“… Here are the cities with the least competition for highly paid jobs: … “The salaries of the high-paying jobs are relative to the median salaries in each state or city, so the competition rates are more reflective of a… Continue Reading…

Real Estate

“Homebuyers need to earn 80% more than in 2020 to afford a house in this market. It’s not just due to high mortgage rates”

“…Almost four years ago, a household earning $59,000 annually could afford a new mortgage without spending more than 30% of their monthly income and with a 10% down payment, according to a recent report by Zillow Group. That is no longer the… Continue Reading…

Cryptocurrencies

“Bitcoin tops $68,000 as it nears 2021 all-time high” [MON, MAR 4]

“Bitcoin jumped to start the week, edging even closer to its all-time high after the rally took a breather over the weekend. The flagship cryptocurrency was last higher by 9% at $68,635.20, according to Coin Metrics. At one point, it rose… Continue Reading…

Business

“Wendy’s, burned by CEO comment, vows no price surges for burgers”

“Wendy’s said on Wednesday it has no plans to raise menu prices at times of peak demand, after the burger chain was scorched on social media sites for comments its CEO made earlier this month suggesting the chain may start… Continue Reading…