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…
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…
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…
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…
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…
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…
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…
May 26, 2020
“Stocks jumped Tuesday, and the S&P 500 traded above 3,000 for the first time since March 5, as hopes for an effective coronavirus vaccine combined with optimism over updates around states’ reopenings and better than expected new economic data. Each… Continue Reading…
May 20, 2020
“The layoffs came swiftly last week. At Vice Media, 155 people lost their jobs. Quartz laid off 80. Condé Nast, publisher of glossy magazines like Vogue, cut 100 people. And as BuzzFeed furloughed staffers at its overseas divisions, its U.S.-based… Continue Reading…
April 16, 2020
“It is not “stimulus” if there’s nothing to stimulate. With almost all states having ordered citizens to stay home and most businesses to shutter, the coronavirus “stimulus” bill passed by Congress and signed by President Trump on March 27 is really a “bridge” bill — a… Continue Reading…
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