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Stocks

“Tesla’s stock is surging but some analysts found real problems with its earnings report”

“Tesla shares surged as much as 18% on Thursday after the company posted a surprise profit for the third quarter. While many on the Street said it was a solid report, some are calling for caution based on growth concerns and falling… Continue Reading…

Business, Stocks

“GE to freeze pensions for about 20,000 employees, stock surges”

” Shares of General Electric Co. GE, -0.82% surged 2.6% in premarket trading Monday, after the industrial conglomerate said it was freezing the U.S. pension plan for about 20,000 employees with salaried benefits, and supplementary pension benefits for 700 employees….  GE’s stock has… Continue Reading…

Business, Economy, Stocks

“S&P 500 hits record as Wall Street bets the Fed will lower interest rates, Dow surges 250 points”

“Stocks rose sharply on Thursday after the Federal Reserve hinted at possible interest rate cuts as soon as next month. The S&P 500 surged 0.9%, hitting a record high of 2,954.33 as the tech and energy sectors outperformed. The Dow Jones Industrial Average gained 256 points… Continue Reading…

Business, Economy

“Private payrolls surge by 275,000 in April, blowing past estimates in biggest gain since July”

…Services-providing jobs increased by 223,000 in April, led by a gain of 59,000 positions in professional and business services. Education and health services companies added 54,000 jobs while employment within the leisure and hospitality industry expanded by 53,000. Goods-producing jobs… Continue Reading…

Uncategorized

“Los Angeles Is Having a Loud Economic Boom”

“L.A.’s gross domestic product per capita surged 11.8 percent the past five years, dwarfing Chicago’s 7.4 percent, almost three times New York’s 4.1 percent and twice the average for 383 U.S. metropolitan areas, Bloomberg data show. Some of the gain… Continue Reading…

Economy, Real Estate

High End Housing Market Boom

“As pricey homes hit market, median list price for a house reaches record $300,000“ “If you’re selling a high-end home, you’ve got company. More pricey houses are up for sale this year, pushing listing prices to record highs. The median… Continue Reading…

Economy

“Crude Awakening: Prices Surge At The Pump”

“Since early February, gasoline demand has been steadily increasing while stocks have been gradually decreasing causing more expensive pump prices across the country,” said Jeanette Casselano, AAA spokesperson. “The good news is most motorists are not paying more than they… Continue Reading…