September 24, 2024
“…The 10-year Treasury yield was last down around 1 basis point at 3.732%. The 2-year Treasury note yield fell around 2 basis points at 3.585%. The yield on the 10-year Treasury was higher by almost 8 basis points for the… Continue Reading…
August 20, 2024
“The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) fell slightly to 6.54% from 6.55%. The refinance share of mortgage activity increased to 48.6% of total applications from 41.7% in the previous week.… Continue Reading…
July 29, 2024
“…The high-performance server specialist’s share price was down 12.7% from last week’s close heading into this Friday’s market opening, according to data from S&P Global Market Intelligence Tech stocks continued to pull back this week as investors assessed risks related to… Continue Reading…
July 24, 2024
“…Analysts at Bank of America Securities noted in their July 8 restaurant report that fast food “value wars” remain topical. The investment firm noted that in mid-May McDonald’s said it planned to launch a $5 value meal, beginning June 25 for… Continue Reading…
May 13, 2024
“The death of a Bank of America associate last week has ignited a firestorm on Wall Street as some bankers slam the toxic work culture they feel contributed to his death — including reported complaints over 100-hour work weeks. Leo… Continue Reading…
March 28, 2024
“UPDATED FRI, MAR 22 2024 4:34 PM EDT… All three major averages notched healthy gains this week, with the S&P 500 rising about 2.3%. The Dow was up just shy of 2% for its best week since December. The Nasdaq is the outperformer… Continue Reading…
March 13, 2024
“The price of bitcoin jumped to a new record on Friday, breaking through $70,000 for the first time ever. The cryptocurrency was last higher by about 2% at $69,304.84, according to Coin Metrics. At one point, however, it rose as high as… Continue Reading…
February 5, 2024
https://www.wsj.com/business/earnings/ups-to-cut-12-000-jobs-as-delivery-business-slows-d832f1d2?siteid=yhoof2 The article is behind a paywall so I’ll just speak about the title. It seems like UPS isn’t doing to well. The order to return to offices is because of commercial real estate offices they rented. It’s a waste… Continue Reading…
January 30, 2024
“…Meanwhile, Friday’s January employment report is expected to show that employers added 165,000 jobs. Shares of SoFi Technologies soared 22% in early action, set to retake their key 50-day moving average line. Early Monday, the company reported earnings of 2… Continue Reading…
November 1, 2023
https://www.cnbc.com/2023/11/01/what-young-people-would-give-up-for-a-4-day-workweek.html Instead of quoting this article I’ll make a few comments instead. You know how a person can achieve their desires in a job? Stop putting up with B.S. [For lack of a better term] If you want a 4… Continue Reading…
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