April 14, 2020
“More than 2,100 U.S. cities are anticipating major budget shortfalls this year and many are planning to slash programs and cut staff in response, according to a new survey of local officials released Tuesday… Nearly 9 in 10 cities surveyed… Continue Reading…
April 2, 2020
“The torrent of Americans filing for unemployment insurance skyrocketed last week as more than 6.6 million new claims were filed, the Labor Department reported Thursday. That brings to 10 million the total Americans who filed over the past two weeks.… Continue Reading…
March 5, 2020
“Airlines could lose $63 billion to $113 billion in revenue for passenger traffic globally in 2020, depending on how the coronavirus spreads, International Air Transport Association (IATA) said on Thursday. The last time the industry faced a revenue shock of… Continue Reading…
January 30, 2020
“Stocks pared losses, with strong corporate earnings bolstering confidence in the U.S. economy even as investors remain concerned that the spread of the coronavirus will derail the global recovery. The S&P 500 retreated for a second day, trimming its January… Continue Reading…
December 5, 2019
“Netflix (NFLX) +3,787% It wasn’t even close. Netflix stock was just $7.87 at the start of 2010; however since then, the stock has surged a whopping 3,787% and closed at $306.16 per share Tuesday… Marketaxess Holdings (MKTX) +2,761% “… Shares… Continue Reading…
November 12, 2019
“Consumers, salespeople and lenders are treating cars a lot like houses during the last financial crisis: by piling on debt to such a degree that it often exceeds the car’s value. This phenomenon—referred to as negative equity, or being underwater—can… Continue Reading…
October 21, 2019
“Among the reasons? Skyrocketing housing costs, pricey child care, the crowds and relentless traffic. Sometimes the local culture isn’t a fit or they want to be nearer to family. Unfortunately many workers would love to leave the cities behind but need to… Continue Reading…
April 12, 2019
“Canada’s oil and gas industry could shed another 12,500 and more jobs this year, which would bring the total job losses over the past five years to 23 percent of the 2014 total, which stood at 226,500. These are among… Continue Reading…
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