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Economy

“Wives now out-earn their husbands nearly a third of the time”

“…Among married couples, wives now out-earn their husbands nearly 30% of the time, up from 15.9% in 1981, according to recently released data from the Census Bureau. “Men’s wages have stagnated in the past decade or so, in part because the economy… Continue Reading…

Stocks

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

“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…

Stocks

“Amazon soars after huge earnings beat”

“Shares of Amazon climbed as much as 11% in extended trading on Thursday after smashing earnings expectations for the fourth quarter. The company’s market cap surged above $1 trillion after hours on the back of the powerhouse earnings report. In doing so, it joined Apple, Alphabet and Microsoft,… Continue Reading…

Economy

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

“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…

Stocks

“Dow closes more than 450 points lower as coronavirus fears rise”

“The Dow lost 453 points, wiping out the average’s gains for the year. The 30-stock average also notched its biggest one-day fall since October, along with its longest losing streak since August. The S&P 500 dropped 1.6%, snapping a 74-session… Continue Reading…

Economy, Investing

“Current Market Climate Leads Analysts to Predict Gold Explosion “

“… gold a solid investment right now, but it could be poised for an explosion. Jensen thinks that the upward trajectory for gold could be immense. He thinks that gold could be poised for a 30% or more rally and end up… Continue Reading…

Economy

“Yuan rises as US lifts China’s currency manipulator label”

“The Chinese yuan strengthened Tuesday to its highest level in more than five months as the United States removed China from its currency manipulator list. The US Treasury Department on Monday stripped away its designation of China as a currency manipulator, days… Continue Reading…

Economy, Stocks

“Stock Market Rebounds, Shaking Off Geopolitical Fears…”

“Despite ongoing U.S. tensions with Iran that derailed markets last week, U.S. stocks staged an impressive rebound on Monday, recovering from earlier anxiety on Wall Street… “The rebound wasn’t so much in response to a specific headline but instead a reduction in… Continue Reading…

Stocks

“Stocks trade near records as new year kicks off”

“The Dow Jones Industrial Average DJIA, +0.58%  rose about 116 points or 0.4%, to 28,654, while the S&P 500 SPX, +0.43%   was 14 points, 0.4%, higher, to touch 3,244. The Nasdaq COMP, +0.73%  jumped 65 points, 0.7%, to touch 9,038. …The S&P 500 SPX, +0.43% gained 28.9% and the Nasdaq Composite COMP, +0.73%,… Continue Reading…

Banking, Economy

“Decade of Debt: Federal Debt Up More Than $10 Trillion in 2010s”

“The federal debt increased by a record $10,796,419,662,320 in the decade that is coming to a close today, according to data published by the U.S. Treasury. This was the first decade in the history of the nation when increases in the federal… Continue Reading…