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Business, Economy

“50% of companies want workers back in office 5 days a week–why experts say this strategy could fail”

“About 50% of leaders say their company already requires or is planning to require employees to return to in-person work full-time in the next year, according to new research from Microsoft, which surveyed 31,102 workers around the world between January and… Continue Reading…

Stocks

“S&P 500 rises Friday led by Apple, but still heads for fourth-straight down week”

“The market is set to wrap up a roller-coaster week with the S&P 500 headed for its worst month since March 2020. The Dow Jones Industrial Average rose about 220 points, or 0.7%. The S&P 500 ticked up 1.3%. The… Continue Reading…

Stocks

“Dow falls 600 points to start the week as omicron continues to spook markets”

“The Dow Jones Industrial Average dropped 600 points, dragged down by losses in Boeing, Goldman Sachs and American Express. The S&P 500 dipped 1.4% and the technology-focused Nasdaq Composite declined 1.3%. The small-cap benchmark Russell 2000 lost 2.2%…” https://www.cnbc.com/2021/12/19/stock-market-futures-open-to-close-news.html People shorting the markets right… Continue Reading…

Economy

“U.S. natural gas plummets more than 10%, following worst week since 2014”

“U.S. natural gas futures plunged more than 10% on Monday, falling to the lowest level since August on forecasts for warmer-than-expected winter temperatures. The leg lower builds on last week’s more than 24% loss, which was natural gas’ worst week since… Continue Reading…

Economy

“Jobless claims: Another 268,000 individuals filed new unemployment claims last week”

“…The Labor Department released its jobless claims report Thursday. Here were the main metrics from the print, compared to consensus estimates compiled by Bloomberg: Initial unemployment claims, week ended November 13: 268,000 vs. 260,000 expected and an upwardly revised 269,000 during prior week … Continue Reading…

Cryptocurrencies

“Over 60 S.Korean crypto exchanges set to suspend services next week”

“More than 60 cryptocurrency exchanges in South Korea must notify customers of a partial or full suspension of trading by Friday midnight, a week before a new regulation comes into effect. To continue operating, exchanges must register with the Financial… Continue Reading…

Precious Metals

“Silver Price Prediction – Price Slip Consolidating After Last Weeks Rally”

“…Silver prices moved lower on Monday following the surge seen on Friday. Resistance near the breakdown level at 24.42. Additional resistance is seen near the 200-day moving average at 25.85. Support is seen near the 10-day moving average at 23.61… Continue Reading…

Banking, Economy

“A key jobs report in the week ahead could drive the next big market move”

“…Stocks gained in the past week, surging again to new highs Friday after a speech by Federal Reserve Chairman Jerome Powell. The chairman acknowledged that Fed officials expect to taper back their $120 billion a month bond-buying program this year, a… Continue Reading…

Stocks

“Boston Beer stock tumbles 21% after weak Truly hard seltzer sales weigh on earnings”

“hares of Boston Beer tumbled 21% in premarket trading Friday after disappointing demand for hard seltzer dragged down the company’s quarterly earnings and revenue. The Sam Adams brewer reported earnings of $4.75 per share on net sales of $603 million. Analysts surveyed… Continue Reading…

Economy

“Iceland’s four-day work week trial was a triumph for all”

“The trial, which started in 2015 and involved more than 2,500 workers, showed that reducing work hours was overwhelmingly positive for people in a range of workplaces, while productivity remained about the same or improved in some cases. Parents said… Continue Reading…