Cart

0

Business, Economy

“House Democrats propose top 39.6% tax rate at these income levels”

“House Democrats have proposed a top marginal income tax rate of 39.6% for individuals, part of a sweeping change to the tax code to fund climate investments and an expansion of the U.S. safety net. That rate, an increase from… Continue Reading…

Economy

“Hundreds camp out in Oklahoma unemployment lines”

“Even though the unemployment rate dropped to 6.6% in June, the backlog has created unprecedented delays. Oklahoma had approved 235,000 of about 590,000 filed claims by June 21 – a total $2.4 billion payout, far more than in previous years.… Continue Reading…

Economy, Stocks

“…Nasdaq 100 sets new intraday high”

“Stocks reversed earlier losses and rose Thursday, pacing toward a fifth straight day of gains as investors looked past a new report showing new unemployment insurance claims totaled another 1.877 million last week, coming in slightly above expectations. The Nasdaq 100 rallied… Continue Reading…

Economy

“Record 103,415,000 Not in Labor Force; Participation Rate Sinks to 47-Year Low”

“The nation’s labor force participation rate reached a 47-year low of 60.2 percent in April, according to the Bureau of Labor Statistics, as the number of people not in the labor force jumped by 6,570,000 to a record 103,415,000. The participation rate… Continue Reading…

Stocks

“Dow drops 100 points to end April after more dismal economic data”

“…The Dow Jones Industrial Average traded 134 points, or 0.5%. The S&P 500 slid 0.4%. The Nasdaq Composite rose marginally. Earlier in the session, the Dow dropped more than 300 points. A 3.8% jump in Boeing shares helped the Dow claw back some of its earlier… 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…

Economy, Personal Finance

“10 U.S. Cities Where You Can Rent a One-Bedroom Apartment for $600 or Less”

“Youngstown, Ohio How Much For A One Bedroom? $600 a month Derby, Kansas How Much For A One Bedroom? $599 a month Amarillo, Texas How Much For A One Bedroom? $597.50 a month Conway, Arkansas How Much For A One Bedroom? $555 a month… Continue Reading…

Economy

“PayPal CEO: Spending by our nearly 300 million users makes me ‘pretty bullish’ about US economy”

“Dan Schulman, CEO of digital payments giant PayPal, told CNBC on Wednesday that spending activity by their nearly 300 million users remains high, strengthening his optimism about the future of the overall U.S. economy. “In the U.S., consumer spend is still strong,” Schulman… Continue Reading…

Banking, Economy

“New York Fed Adds $115.14 Billion in Short-Term Liquidity to Markets”

“The New York Fed added $115.14 billion to financial markets via temporary operations on Thursday. The liquidity additions came in two parts. One was an overnight repurchase agreement with eligible banks totaling $80.14 billion, and the other was via a… Continue Reading…

Stocks

“Dow, S&P 500 end at record highs…”

” The Dow and S&P 500 closed at fresh records Thursday… The Dow Jones Industrial Average DJIA, -0.18%  rose 182.24 points, or 0.66%, to a record 27,674.80, while the S&P 500 index SPX, -0.15% gained 8.4 points, or 0.27%, to an all-time high of 3,085.18. The… Continue Reading…