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Economy

Fast-food companies are attracting Less low-income customers

March 29, 2024

“… Runaway prices at U.S. fast-food joints and restaurants have made people skittish down the income ladder and executives at chains including McDonald’s and Wendy’s recently said they worry about losing business from those on the tightest budgets. Roughly a quarter… Continue Reading…

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Economy

“U.S. hits new low in World Happiness Report”

March 22, 2024

“…Why it matters: Some countries, like Finland and Denmark, consistently rank among the world’s happiest. The U.S. isn’t one of them. The big picture: A steady supply of studies has found that Americans feel glum about issues ranging from loneliness to the economy and the… Continue Reading…

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Stocks

“1 Growth Stock Trading at an All-Time-Low Valuation That Could Rise by 97%, According to Wall Street”

March 6, 2024

“…Chewy (NYSE: CHWY). The stock currently trades at around $16 per share, but Wall Street analysts are quite upbeat on the stock, maintaining an average price target of $31.62. That implies a 97% upside potential. Recently, the company received updated buy… Continue Reading…

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Economy

“…Switzerland Seeks Low-Budget Olympics After Years of Opposition”

November 27, 2023

“…Winter Games are usually held by a certain region or city, and they can be pricey. The 2018 edition held in Pyeongchang, South Korea, cost about $13 billion. Even back in 2002, Salt Lake City still spent $2.2 billion on… Continue Reading…

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Real Estate

“Home sales fell to a 13-year low in October as prices rose”

November 21, 2023

“…It was the slowest sales pace since August 2010. Analysts were expecting a smaller drop, to 3.9 million units. Sales were down 14.6% year-over-year… Tight supply kept pressure under prices. The median price of an existing home sold in October… Continue Reading…

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Stocks

“Volvo shares tumble 14% to record low as Chinese owner Geely sells off stock”

November 17, 2023

“Volvo Cars shares tumbled as much as 14% on Friday morning after its parent company Zhejiang Geely Holding Group began a sale of around 100 million shares of the Swedish carmaker. …Volvo shares are down 25% year to date… Geely will… Continue Reading…

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Banking

“Israel’s central bank sells $30 billion in foreign reserves after shekel slides to seven-year low”

October 9, 2023

“The Bank of Israel on Monday announced it will sell up to $30 billion in foreign reserves in a bid to support its domestic currency which has fallen sharply following the deadly incursion by Hamas militants over the weekend. The Israeli shekel last weakened… Continue Reading…

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Stocks

“Dow climbs 20% from low as stocks rally and inflation fears ebb”

December 1, 2022

“US stocks surged on Wednesday, putting the blue-chip Dow Jones Industrial Average more than 20% above its September low after Federal Reserve Chair Jerome Powell’s dovish comments and signs of cooling US inflation raised hopes that the central bank will… Continue Reading…

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Stocks

“Carvana shares jump more than 30% from record lows”

November 10, 2022

“Shares of Carvana jumped by as much as 32% Thursday morning – representing a small, yet notable, increase after a week of significant declines for the used car retailer. The stock hit $10 a share during early trading but has given back… Continue Reading…

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Stocks

“Dow futures fall as the British pound hits record low against the dollar”

September 26, 2022

“…Dow Jones Industrial Average futures fell 78 points, or 0.3%, off the lows of the morning. S&P 500 futures shed 0.3%. Nasdaq 100 futures lost 0.1%. The British pound dropped to a record low on Monday against the U.S. dollar. Sterling at… Continue Reading…

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