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Banking, Economy

“Sinking Treasury yields signal growing jitters about ‘everything’ ahead of Friday jobs report”

August 5, 2024

“…Thursday’s post-data rally in Treasurys sent yields plunging on everything from the 1-month T-bill BX:TMUBMUSD01M through the 30-year bond BX:TMUBMUSD30Y. The policy-sensitive 2-year rate BX:TMUBMUSD02Y dropped 17.4 basis points, or the most in a single session all year, to 4.163%. The 30-year yield fell 10… Continue Reading…

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Economy, Stocks

“Dow closes down 600 points, Nasdaq enters correction after weak jobs report…” [Aug 3 2024]

August 5, 2024

“Stocks fell sharply on Friday as a much weaker-than-anticipated jobs report for July ignited worries that the economy could be falling into a recession. The broad market index dropped 1.84% to end at 5,346.56. The Nasdaq Composite lost 2.43% to close at 16,776.16, bringing… Continue Reading…

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Stocks

“Ryanair shares tumble 17.2% as budget airline reports 46% fall in quarterly profit, sees lower fares” [JUL, 22, 2024]

July 24, 2024

“… …” https://www.cnbc.com/2024/07/22/ryanair-q1-2024-results-shares-fall-on-lower-fares-fall-in-quarterly-profit.html

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Stocks

“Lululemon shares pop 10% despite lackluster earnings report and guidance”

July 1, 2024

“…Here is how Lululemon did in its first fiscal quarter compared to what Wall Street was anticipating, based on a survey of analysts by LSEG: Despite the tepid growth, Lululemon’s stock jumped 10% in extended trading Wednesday. The company also… Continue Reading…

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Economy

“37% of Americans paid a late fee in the last 12 months, report finds”

May 30, 2024

“Many consumers are finding it hard to keep up with their bills. To that point, 37% of Americans have been charged a late fee on a bill in the last 12 months, according to a new report by NerdWallet. Credit card late fees were the… Continue Reading…

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Stocks

“Reddit shares soar 11% after company reports revenue pop in debut earnings report”

May 10, 2024

“…Here’s how the company did: Revenue climbed 48% from $163.7 million a year earlier. The company reported $222.7 million in ad revenue for the period, up 39% year over year, which is a faster rate of growth than at its… Continue Reading…

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Economy

“Global military spending hit all-time high in 2023 after 7% jump, report finds”

April 24, 2024

“Global military spending reached a record high of $2.4 trillion in 2023 amid a “global deterioration in peace and security,” the Stockholm International Peace Research Institute said Monday. The figure marked a 6.8% increase from 2022 and the sharpest year-on-year… Continue Reading…

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Business, Personal Finance

“Credit-card delinquency rates were worst on record in Fed study”

April 12, 2024

“US credit-card delinquency rates were the highest on record in the fourth quarter, according to a Federal Reserve Bank of Philadelphia report. Almost 3.5% of card balances were at least 30 days past due as of the end of December,… Continue Reading…

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Business

[Soccer] “Tottenham reports record $691M revenues and says it’s ‘in discussions with prospective investors'”

April 5, 2024

“Tottenham recorded a 24% increase in total revenues for 2022-23 to reach a record 549.6 million pounds ($691 million) and said it was “in discussions with prospective investors.”… However, operating expenses including first-team costs rose by 21% to 487.9 million… Continue Reading…

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Stocks

“Trump Media stock closes 21% lower after company reports $58 million loss for 2023”

April 3, 2024

“The share price of Trump Media closed trading 21.47% lower on Monday, hours after the social media app company tied to former President Donald Trump reported a net loss of $58.2 million on revenue of just $4.1 million in 2023. Trump Media & Technology Group shares plunged… Continue Reading…

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