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Economy

“47% of parents still financially support adult children, study finds. Here’s how much they spend”

“…In addition to soaring food and housing costs, millennials and Generation Z face other financial challenges their parents did not at that age. Not only are their wages lower than their parents’ earnings when they were in their 20s and 30s, after adjusting for inflation, but they are also… Continue Reading…

Business, Stocks

“GE CEO forecasts heavy aerospace demand, voices support for Boeing CEO”

“…General Electric’s aerospace business on Thursday forecast operating profit of about $10 billion in 2028 on robust demand for its products and services, and said it was targeting an initial dividend payout at 30% of net income… GE’s shares were… Continue Reading…

Business

“GE CEO forecasts heavy aerospace demand, voices support for Boeing CEO”

“NEW YORK (Reuters) -General Electric’s aerospace business on Thursday forecast operating profit of about $10 billion in 2028 on robust demand for its products and services, and said it was targeting an initial dividend payout at 30% of net income…… Continue Reading…

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Help Raxxmorz Grow. Click Here To Support

Like what you read? Awesome. Help us provide more content by donating. These donations will allow us dedicate more time to the website. Click the link below. https://donate.stripe.com/dR6dQQeq30fjcta144 You can also join on Locals https://www.locals.com/feed/65121/raxxmorz-community Feel free to leave any… Continue Reading…

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Business

Grants and Programs: How Start-Up Owners Can Get Support for Their Businesses

Written By Tina Martin Starting a business or growing a young business takes time, effort, and energy. Cash flow is a serious issue for many business owners, especially in the first couple of years when the company is establishing itself.… Continue Reading…

Stocks

“This Meme Stock Just Raced Past GameStop As The New Money Machine”

“Support.com (SPRT) erupted out of nowhere this month and is suddenly stealing the Reddit-crowd’s affection. And for good reason: It’s fast pushing GameStop aside. Shares of Support.com are up 1,583% just this year. That puts it ahead of the still-impressive 1,041%… Continue Reading…

Economy, Stocks

“Nasdaq closes at all-time high, Dow less than 7% off record, as Wall Street looks for Fed to keep support intact”

“The Dow Jones Industrial Average DJIA, -0.70% climbed 461.46 points, or 1.7%, to end at 27,572.44, its sixth straight gain. The S&P 500 SPX, -0.66% rose 38.46 points, or 1.2%, finishing at 3,232.39. The tech-heavy Nasdaq Composite Index COMP, +0.18% gained 110.66 points, or 1.1%, ending at 9,924.74, a… Continue Reading…

Real Estate

“U.S. mortgage firms push for support as borrowers halt payments”

“The number of people seeking to have mortgage payments paused or reduced rose to 7.5% as of April 26 from 7.0% a week earlier as the economic effects of the novel coronavirus outbreak stretched household finances, figures from the Mortgage… Continue Reading…