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Business, Economy

“News media outlets slashed record 2,700 jobs in 2023, with more expected “

December 18, 2023

“News media outlets have done away with nearly 2,700 jobs so far in 2023, the most since 2020, according to a new study. Data from outplacement firm Challenger, Gray and Christmas found media companies overall have made 20,324 cuts so far in… Continue Reading…

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Business

I noticed its not easy to find economic news on China…

August 15, 2023

I did some digging and I found some good resources for news happening in China. info is hard to come by because of all the white washing in news articles. It makes it hard to understand whats going on. It’s… Continue Reading…

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Business

“Meta threatens to pull news post from facebook instagram if California bill becomes law”

June 1, 2023

“Meta, the parent company of Facebook and Instagram, has threatened to remove news posts from those social media platforms should Assembly Bill 886, dubbed the California Journalism Preservation Act, become law. The measure, authored by Assemblywoman Buffy Wicks, D-Oakland, would… Continue Reading…

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Stocks

“Stock market news… Stocks advance as market attempts rebound from sell-off”

May 26, 2022

“…The S&P 500 climbed as much as 1.3% in early trading, and the Dow Jones Industrial Average gained over 400 points, or 1.2%. The Nasdaq Composite rose 1.3% higher as the index attempts to claw its way out of bear… Continue Reading…

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Stocks

“Stock market news… Stocks rise to kick off new year of trading”

January 3, 2022

“…U.S. equities posted another year of solid gains in 2021, rising by 27% and delivering a rare third consecutive double-digit annual percentage increase. Within the S&P 500, the energy and real estate sectors outperformed, gaining more than 42% each during… Continue Reading…

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Banking, Business

“JPMorgan is suing Tesla over Elon Musk’s tweets”

November 16, 2021

“…According to the complaint filed in Manhattan federal court, Tesla in 2014 sold warrants to JPMorgan that would pay off if their “strike price” were below Tesla’s share price upon the warrants’ expiration in June and July 2021. JPMorgan (JPM), which… Continue Reading…

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Stocks

“Stock market news… Stocks rise to reach record highs; Bitcoin prices spike”

February 8, 2021

“The Dow added more than 100 points, or 0.4%, to a fresh record high, and both the S&P 500 and Nasdaq also reached record intraday levels… Investor optimism over another round of fiscal stimulus out of Washington helped boost U.S.… Continue Reading…

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Stocks

“…3 Top-Ranked Dividend Stocks – August 19, 2020”

August 20, 2020

“PSEG (PEG) is currently shelling out a dividend of $0.49 per share, with a dividend yield of 3.59%. This compares to the Utility – Electric Power industry’s yield of 3.44% and the S&P 500’s yield of 1.63%. In terms of dividend… Continue Reading…

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Business, Economy

“Companies are taking on another $1 trillion in debt”

July 13, 2020

“Powered by ultra-low interest rates, corporate borrowing was already at an-all time high before the pandemic. Now, as cash-strapped companies frantically try to shore up their balance sheets, debts are expected to get even bigger. What’s happening: Corporate debt is poised to soar… Continue Reading…

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Banking

“Bank Stocks Are Either Cheap or Signal More Pain”

May 27, 2020

“Something strange happened in the U.S. stock market on Tuesday… Rather, the most unusual part of the latest rally is that bank shares clearly led the advance. As of last week, Bloomberg’s 18-company S&P 500 Banks Index was down more than 40% in… Continue Reading…

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