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Business, Economy

“24 Hour Fitness weighs bankruptcy as coronavirus pushes fitness industry to brink”

April 22, 2020

“Gym chain 24 Hour Fitness is working with advisors at investment bank Lazard and law firm Weil, Gotshal & Manges to weigh options including a bankruptcy that could come as soon as the next few months, people familiar with the… Continue Reading…

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Economy, Stocks

“Stocks are finally flashing signs of a confirmed bottom, says analyst who called 25% rally”

April 10, 2020

“With the S&P 500 surging more than 10% for the week ending April 9 to wrap up its best weekly gain since 1974, investors might be giving more credence to the belief that the worst of the stock market rout is… Continue Reading…

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Stocks

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

February 4, 2020

“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…

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Investing, Stocks

“Coronavirus fears could trigger a 10% to 20% selloff in the stock market: strategist”

February 3, 2020

“The economic wildcard that has become the coronavirus may not yet be done wreaking havoc on global stock markets. In fact, things could get much worse before they get better. “In a worst-case scenario, global equities could fall by as much as… Continue Reading…

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Economy

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

January 31, 2020

“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…

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Economy

“For First Time in 26 Years, All U.S. Metros Enjoyed Income Gains”

January 15, 2020

“Americans in every U.S. metropolitan area experienced economic prosperity in 2018, according to a recent report from the Bureau of Economic Analysis. For the first time in 26 years, no metro area saw per-capita incomes fall that year — the… Continue Reading…

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Economy, Stocks

“Opinion: For stocks and the economy, it’s going to be the Roaring Twenties”

January 13, 2020

“Overcrowding and pollution will become less urgent, thanks to plateauing populations and paradigm-changing green technologies—electric cars and renewable power. Energy and other commodity prices will stay manageable and capital super abundant, not in constrained supplies as was the constant worry in the closing decades of the… Continue Reading…

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Stocks

“Twitter stock tumbles 20% after company says advertising bugs weighing on earnings”

October 24, 2019

“Twitter Inc. shares were tanking in premarket trading Thursday after bugs in the company’s advertising platform led to misses across the board on its financial metrics, even as user growth proved more rapid than expected. The stock was off nearly… Continue Reading…

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Business, Stocks

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

October 8, 2019

” 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…

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Business

“Average cost of employer-provided family health coverage clears $20,000-a-year mark”

September 26, 2019

“The average total cost of employer-provided health coverage passed $20,000 for a family plan this year, according to a new survey… Annual premiums rose 5% to hit $20,576 for an employer-provided family plan in 2019, according to the yearly poll… Continue Reading…

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