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Business

“Sinclair explores selling roughly 30% of its broadcast stations, sources say”

May 14, 2024

“…The company has hired Moelis as its investment banker and has identified more than 60 stations in various regions of the U.S. that it would be willing to sell, said the people, who asked not to be named because the discussions are… Continue Reading…

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Economy

“54% of young Americans say food costs are the biggest strain on their finances”

May 10, 2024

“Younger Americans are feeling the pinch from inflation, with 54% saying that rising food costs have hit them the hardest. The findings are part of a recent CNBC/Generation Lab survey that polled 1,033 people between the ages of 18 and 34. When asked… Continue Reading…

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Stocks

“Apple stock will soar 36% as it gears up to launch an AI-enable iPhone, BofA says”

May 1, 2024

“…Apple stock is a “top pick” for 2024 and has potential upside of 36% as it gears up for the launch of an AI-enabled iPhone, according to Bank of America. The bank reiterated its “Buy” rating and $225 price target for… Continue Reading…

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Economy, Stocks

“Are Stocks Going to Crash if Donald Trump Wins and Republicans Control Congress? Here’s What History Says About Stock Market Returns When Republicans Win.”

April 23, 2024

“…There are two potential issues Wall Street and investors might have with a Republican-controlled Congress and Trump at the helm. To start with, Republicans may aim to pass tax reforms that would reduce corporate and personal income-tax rates. While people… Continue Reading…

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Economy

“More Americans say they are living paycheck to paycheck this year than in 2023…”

April 11, 2024

“More Americans may be struggling to make ends meet. A majority, 65%, say they live paycheck to paycheck, according to CNBC and SurveyMonkey’s recent Your Money International Financial Security Survey, which polled 498 U.S. adults. That’s a slight increase from last year’s… Continue Reading…

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Economy

“‘Social Order Could Collapse’ in AI Era, Two Top Japan Companies Say”

April 9, 2024

“TOKYO—Japan’s largest telecommunications company and the country’s biggest newspaper called for speedy legislation to restrain generative artificial intelligence, saying democracy and social order could collapse if AI is left unchecked. Nippon Telegraph and Telephone, or NTT, and Yomiuri Shimbun Group… Continue Reading…

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Economy

“Almost half of voters say student loan forgiveness is a key issue in 2024 election, survey finds”

March 27, 2024

“Almost half of all voters, or 48%, say canceling student loan debt is an important issue to them in the 2024 presidential and congressional elections, a new survey finds. Among younger people, 70% of Gen Z respondents said the action… Continue Reading…

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Economy

“Lyft and Uber say they’ll leave Minneapolis after city requires drivers to be paid more”

March 21, 2024

“MINNEAPOLIS — Lyft and Uber said they will cease operations in Minneapolis after the city’s council voted Thursday to override a mayoral veto and require that ride-hailing services increase driver wages to the equivalent of the local minimum wage of… Continue Reading…

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Economy

“Tax evasion by millionaires and billionaires tops $150 billion a year, says IRS chief”

February 27, 2024

“The nation’s millionaires and billionaires are evading more than $150 billion a year in taxes, adding to growing government deficits and creating a “lack of fairness” in the tax system, according to the head of the Internal Revenue Service…” https://www.cnbc.com/2024/02/22/tax-evasion-by-wealthiest-americans-tops-150-billion-a-year-irs.html… Continue Reading…

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Real Estate

“U.S. home prices climb for seventh month in a row to a record high, Case-Shiller says”

November 29, 2023

“…Home prices in the 20 major U.S. metro markets were up 3.9% in the past 12 months ending in September. The August report saw a 2.5% rise in home prices year-over-year. A broader measure of home prices, the national index,… Continue Reading…

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