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Economy

“Worker output fell 7.5% in the first quarter, the biggest decline since 1947”

May 5, 2022

“…Nonfarm productivity, a measure of output against hours worked, declined 7.5% from January through March, the biggest fall since the third quarter of 1947. At the same time, unit labor costs soared 11.6%, bringing the increase over the past four… Continue Reading…

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Business

“Netflix lays off ‘Tudum’ writers following disastrous Q1 earnings”

April 29, 2022

“The belt tightening appears to have started at Netflix: A number of journalists working for the company’s entertainment site Tudum have been laid off, according to tweets by those affected. A Netflix spokesperson told Protocol Thursday that there were no plans to… Continue Reading…

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Business

“Ford’s first quarter sales fell 17% as the automaker battled a chip shortage”

April 4, 2022

“Ford Motor’s U.S. sales of new vehicles declined 17% during the first quarter, including a 26% slide last month, as the automaker continues to battle a global shortage of semiconductor chips. The automaker on Monday reported first quarter sales of 432,132… Continue Reading…

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Personal Finance

“A quarter of Americans expect their financial situation to be worse in 2022. Here’s why”

December 21, 2021

“…Fully 26% believe their financial situation will get worse in 2022 and 42% believe it will stay about the same, a survey from Bankrate found. The financial website, through YouGov Plc, polled 2,450 adults Nov. 29-Dec. 1. Respondents lay the blame mostly… Continue Reading…

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Business

“Berkshire’s operating earnings pop 18% last quarter with Buffett’s cash pile at record $149 billion”

November 8, 2021

“Berkshire Hathaway saw another double-digit increase in its operating profit thanks to a continuous rebound in its railroad, utilities and energy businesses from the pandemic, while the company’s cash pile hit a record high as Warren Buffett continued to sit on… Continue Reading…

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Business

“BP posts $3.3 billion third-quarter profit, beating estimates as oil prices surge”

November 2, 2021

“Oil and gas giant BP beat third-quarter earnings expectations on Tuesday, fueled by surging energy prices. The British energy major posted an underlying replacement cost profit, a proxy for net profit, of $3.3 billion for the third quarter, above analyst estimates of… Continue Reading…

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Stocks

“GM beats Wall Street’s third-quarter estimates, guides toward ‘high end’ of 2021 earnings forecast”

October 27, 2021

“…The third quarter was expected to be a rougher one than the first half of the year for GM. Analysts, however, said they projected relatively solid results, despite a global shortage of semiconductor chips that has depleted vehicle inventories and shuttered plants.… Continue Reading…

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Precious Metals

“Bulls Believe That Silver Will Have A Strong Q4”

October 8, 2021

“EDITOR’S NOTE: Silver was down 16% in Q3, according to Investing.com. The price fell as the Fed announced QE policies which allowed some to remain optimistic that inflation is only “transitory” as the central bank is maintaining. However, several factors… Continue Reading…

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Business

“Ford’s sales… down by 27.4% in the third quarter”

October 4, 2021

” Ford Motor’s U.S. vehicle sales showed signs of improvement during the third quarter, but still fell by 27.4% from last year as an ongoing shortage of semiconductor chips interrupted vehicle production. The drastic decline was narrower than auto forecasters expected, but… Continue Reading…

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Stocks

“Fast-Growing Stocks: Nvidia, GOOGL Stock Among 17 Names Expecting Up To 776% Growth In Q3”

September 22, 2021

“Q3 Earnings: Best Growth Stocks To Watch Screen generated in MarketSmith | Data as of 9/21/21 Company Symbol EPS Est Cur Qtr % Comp Rating EPS Rating RS Rating SMR Rating Steel Dynamics Inc STLD 776 98 95 90 A Kulicke &… Continue Reading…

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