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Business

‘Kids Are Giving Up on Elite Colleges—and Heading South”

“…An unprecedented number of students are gravitating away from Ivy League universities and looking to Southern colleges that wouldn’t have been on their radar twenty years ago. The exodus is fueled, sources told me, by warmer weather, great college sports,… Continue Reading…

Economy

“Mike Johnson sets up weekend showdown on foreign aid bills”

“House Republicans are prepared to unveil the much-anticipated foreign aid bills on Wednesday, Speaker Mike Johnson told members this morning. Why it matters: The timing sets up weekend votes on bills for foreign aid, national security and the southern border — and… Continue Reading…

Economy, Real Estate

“Boomers Bought Up the Big Homes. Now They’re Not Budging.”

“Baby boomers bought up many of the big homes across the U.S. when they were raising their families. Now they’re staying put, even though their kids are all grown up.  Boomers are on top in a housing market where tight… Continue Reading…

Economy

“US economic growth for last quarter is revised up slightly to a healthy 3.4% annual rate”

“…The U.S. economy grew at a solid 3.4% annual pace from October through December, the government said Thursday in an upgrade from its previous estimate. The government had previously estimated that the economy expanded at a 3.2% rate last quarter…”… Continue Reading…

Business

“Bud Light Backlash Will Cost Brands Up to 15% of Shelf Space”

“…Major grocery chains are just starting an annual spring rite: reshuffling the alcohol aisle to give more space to top sellers. That reset means fewer feet of shelf space for Bud Light, which hasn’t fully recovered from a conservative-led backlash… Continue Reading…

Stocks

“Reddit investors shrug off hold rating, bid up stock another 9% as post-IPO rally continues”

“…The shares climbed 8.8% on Tuesday to close at $65.11. They’re now up 92% since debuting on the stock market last week under ticker symbol “RDDT.” It was the first social media IPO since Pinterest’s offering in 2019. Reddit and existing shareholders sold 22… Continue Reading…

Business

“CrowdStrike Peer Ramps Up 406% Growth — And New Buy Point”

“Boosted by 406% earnings growth last quarter and strong forecasts ahead, CyberArk Software (CYBR) has set up a new potential breakout after already fueling an impressive run. As a result, CYBR stock has secured its place on the latest list of new buys… Continue Reading…

Business

“Boeing CEO to step down in broad management shake-up as 737 Max crisis weighs on aerospace giant”

“…The departures come as airlines and regulators have been increasing calls for major changes at the company after a host of quality and manufacturing flaws on Boeing planes. Scrutiny intensified after a Jan. 5 accident, when a door plug blew out… Continue Reading…

Economy

“The Skyrocketing Costs Driving Cheeseburger Prices Up—and Restaurant Owners Out”

https://www.wsj.com/business/hospitality/restaurants-food-payroll-bars-wages-f21ceb0a The article is behind a paywall so I’ll just add my opinion here. McDonald’s has already been criticized for 20 dollar meals and Wendy’s has been criticized for floating a plain to have “surging” prices during high traffic hours.… Continue Reading…