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Personal Finance

“Americans Got Richer in 2020. Here Are 5 Charts Showing Who Benefited—and How.”

“Gross domestic product fell by 2.4% between the end of 2019 and the end of 2020, with roughly 10 million fewer people in jobs at the end of last year than before the pandemic. Yet the average American household was… Continue Reading…

Stocks

“2 “Strong Buy” Cannabis Stocks Showing Monster Growth”

“Village Farms International (VFF)… Overall, there are 3 recent reviews on VFF shares, and all are Buys, giving the stock a Strong Buy analyst consensus rating and showing a general agreement on Wall Street about the company’s strengths. Shares are… Continue Reading…

Precious Metals

“Silver Price Forecast Star Of The Show In 2021”

“Thursday, in its annual report, the LMBA said that 38 market analysts participated in this year’s forecast survey. Gold prices are expected to average $1,973.80 an ounce, up 11% from the 2020 average. However, the outlook is only a modest… Continue Reading…

Economy

“Retail sales post big gain in September as consumers show unexpected strength”

“Consumers spent at a much faster pace than expected in September, with retail sales rising 1.9% in a sign that the U.S. economy’s biggest driver remains healthy. Economists surveyed by Dow Jones expected sales to increase 0.7%, up from a… Continue Reading…

Stocks

“Kodak jumps 40% after D.E. Shaw discloses stake in the company”

“Eastman Kodak’s recent roller-coaster ride continued on Tuesday as shares surged 40% on the back of D.E. Shaw establishing a position in the company. A filing with the Securities and Exchange Commission on Monday night showed that the hedge fund has… Continue Reading…

Business, Economy

“Manufacturers show faint signs of revival in May as economy slowly reopens, ISM finds”

“ISM manufacturing index climbs to 43.1% in May from 41.5%… The Institute for Supply Management said its manufacturing index climbed to 43.1% last month from an 11-year low of 41.5% in April, suggesting the worst of the economic damage from the pandemic… Continue Reading…

Business

“Spotify’s Joe Rogan deal could change the podcast business forever”

“When Spotify CEO Daniel Ek announced the $340 million acquisition of podcast companies Gimlet and Anchor in February 2019, he declared that Spotify’s mission was to become to the world’s leading audio—not just music—platform. In a blog post titled “Audio-First,” … A year later,… Continue Reading…

Economy

“Private payrolls up 183,000 as hiring shows no signs of coronavirus scare”

“U.S. companies kept adding jobs in February despite the coronavirus scare, as private payrolls expanded well above the pace that Wall Street had anticipated. Employment excluding government jobs rose by 183,000 for the month, according to a report Wednesday from… Continue Reading…

Economy

“Over 40% of Consumers in Some States Have Delinquent Household Debt, Data Indicate”

“Nationwide, 31% of people with credit bureau records had debt in collections last year, according to the 2018 figures, which were published by the Urban Institute. The median amount of that debt was $1,639. “The share of consumers with financial distress,… Continue Reading…

Investing, Stocks

“AutoZone Shows Market Leadership With Jump To 88 RS Rating”

“On Wednesday, AutoZone (AZO) hit an important technical milestone, seeing its Relative Strength (RS) Rating jump into the 80-plus percentile with an improvement to 88, up from 80 the day before. When you’re researching the best stocks to buy and watch, keep a close on… Continue Reading…