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Business, Economy

“Why Are So Many Americans Leaving Their Jobs Right Now?”

“A Microsoft survey of more than 30,000 global workers showed that 41% of workers were considering quitting or changing professions this year. Among all sectors, retail has had the most resignations. Almost 650,000 retail workers quit just in April, according… Continue Reading…

Business, Economy

“The garbage industry has outperformed the market since 2015. Here’s why”

“America has long remained one of the most wasteful countries in the world, generating 239 million metric tons of garbage every year, about 1,600 to 1,700 pounds per person. While some view it as a threat to our environment and society, the… Continue Reading…

Economy

“Why The Global Economy Is Recovering Faster Than Expected”

“…In the spring, previously unimaginable shutdowns pushed economic activity to unimaginable lows…. While the stronger-than-expected recovery aligns with the business experience of many leaders we speak with, they still wonder what drove the gap between expectations and reality…” https://hbr.org/2020/11/why-the-global-economy-is-recovering-faster-than-expected Listen,… Continue Reading…

Economy

“Top tech stocks are in correction territory. Here’s why”

“London (CNN Business)Apple (AAPL) shares are down more than 18% from their January high. Amazon’s stock is off 12% from a recent peak in early February. And chipmaker Nvidia (NVDA) has seen its shares plunge 24% since the middle of last month. What’s happening: Tech… Continue Reading…

Stocks

“The Stock Market Can’t Get Much Better From Here. Why a Correction Could Be Coming.”

“Prices already reflect a wallop of government spending and central-bank aid that can’t get much larger from here, Bank of America warns. Other market watchers are downbeat as well… At the same time, investors are now holding far less cash than they were just… Continue Reading…

Cryptocurrencies, Investing

“Bitcoin prices surge to highest since 2018 — here’s why”

“PayPal said that users on its platform will be able to purchase bitcoin  BTCUSD, 0.73%, as well as other sister cryptos like ethereum ETHUSD, 4.79%,  bitcoin Cash BCHUSD, 5.59%  and Litecoin LTCUSD, 4.24%.   That news has helped to drive the value of bitcoin to just under $13,000, marking its highest level since around January… Continue Reading…

Economy

“‘Betting against the U.S. economy and consumer is a loser’s game’ — why one strategist sees Dow 40,000 on the horizon”

“In our call of the day, Paul Schatz, the president of Heritage Capital, said the Dow DJIA, 3.39% could hit 30,000 points by 2021 and 40,000 by 2023 as the U.S. economy recovers over the longer term… “I firmly believe we will see Dow… Continue Reading…

Economy

“The IRS changed the tax filing rule for Social Security recipients — why that’s a good thing”

“The rebate checks are part of the $2 trillion stimulus package President Donald Trump signed into law last week, intended to provide financial relief to Americans in the wake of the coronavirus pandemic. People can receive a rebate check up… Continue Reading…

Personal Finance

“Why So Many Americans Don’t Talk About Money”

“Americans love to talk about how Americans hate to talk about money. Indeed, recent surveys from financial and market-research firms have found that in 34 percent of cohabiting couples (married or not), one or both partners couldn’t correctly identify how much money the other makes; that only 17… Continue Reading…

Economy

“Financial Crises Are Naturally Recurring and Inevitable – Here’s Why”

“If you were to consider all of the financial crises we’ve witnessed throughout our recent history–each with their own unique causes and contexts–one consistent feature emerges: they’re cyclical… Act I: Lax oversight and loose banking regulations lead to economic fragilities. Act… Continue Reading…