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Economy, Stocks

“Dow plunges 10% amid coronavirus fears for its worst day since the 1987 market crash”

March 13, 2020

“Stocks plummeted once again on Thursday after President Donald Trump and the Federal Reserve both failed to quell concerns over the economic slowdown stemming from the coronavirus, leading to a historic drop for the U.S. markets. The Dow Jones Industrial Average closed 2,352.60… Continue Reading…

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Banking, Economy

“10-year Treasury yield falls below 1% for the first time after Fed slashes rates…”

March 4, 2020

“The 10-year Treasury yield broke below 1% for the first time ever in the wake of an emergency rate cut by the Federal Reserve to combat the economic effects of the spreading coronavirus. The yield on the benchmark 10-year Treasury… Continue Reading…

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Stocks

“Dow surges 5% on hopes for central bank help on the economy”

March 3, 2020

“The Dow Jones Industrial Average soared nearly 1,300 points, or 5%, Monday as stocks roared back from a seven-day rout on hopes that central banks will take action to shield the global economy from the effects of the coronavirus outbreak.… Continue Reading…

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Economy

“Japan’s economy shrinks faster than expected”

February 18, 2020

“Japan’s economy shrank at a faster-than-expected annualized pace of 6.3% in the October-December quarter, the first contraction in more than a year, as a sales-tax increase at the beginning of the quarter cooled consumption. Japan, the world’s third-largest economy after… Continue Reading…

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Economy, Personal Finance

“44% of adults admit to keeping money secrets from a partner”

February 13, 2020

“…Nearly half, or 44%, of those in a relationship admit to committing financial infidelity against partner, according to a new survey by CreditCards.com. Most often, they are spending more than they feel their significant other would be comfortable with, the report… Continue Reading…

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Economy

“63.4%: Labor Force Participation… As Labor Force Grows by 574,000”

February 7, 2020

“…In January, the civilian non-institutional population in the United States was 259,502,000. That included all people 16 and older who did not live in an institution (such as a prison, nursing home or long-term care facility). Of that civilian non-institutional… Continue Reading…

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Business, Stocks

“5 powerful tech companies now make up 18% of the stock market…”

February 6, 2020

“We are here to say that yes, there is life outside of investing in Apple, Microsoft, Amazon, Google and Facebook. Unfortunately, most investors don’t agree — and it could end badly for them at some point. Those five powerful tech… Continue Reading…

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Stocks

“Tesla Stock Jumped 20%. It Makes No Sense.”

February 4, 2020

“Tesla shares rose almost 20% Monday, hitting another all-time high. The question is why? The move, frankly, baffled investment pros… But first a run down of recent numbers. They are incredible. Monday was the largest percentage increase in Tesla (ticker: TSLA) stock since May… Continue Reading…

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Economy

“The Verdict Is In: Farm Bankruptcies Up in 2019”

January 31, 2020

“While well below historical highs, Chapter 12 family farm bankruptcies in 2019 increased by nearly 20% from the previous year, according to recently released data from the U.S. Courts. Compared with figures from over the last decade, the 20% increase trails… Continue Reading…

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Personal Finance

“Survey: Nearly 4 in 10 Americans would borrow money to cover a $1K emergency”

January 23, 2020

“…Bankrate’s January Financial Security Index survey reveals that just four in 10 U.S. adults (41 percent) would cover the cost of a $1,000 car repair or emergency room visit using savings. The findings echo what previous Bankrate studies and others —… Continue Reading…

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