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Economy

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

“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…

Business, Stocks

“Why Mastercard Stock Climbed 58% in 2019”

“Shares of Mastercard (NYSE:MA) gained 58.3% last year, according to data provided by S&P Global Market Intelligence. That compares to a return of 28.9% for the S&P 500 index. The payment processor continued to post stellar growth rates on the top and bottom line. Investors see… Continue Reading…

Economy

“Internet shutdowns cost the global economy $8 billion last year, report says”

“More than 18,000 hours of internet shutdowns around the world caused by deliberate government action costmore than $8 billion in 2019, a new report estimates… The report, which examines partial and total shutdowns across 122 countries, was published by the internet… Continue Reading…

Stocks

“Stocks trade near records as new year kicks off”

“The Dow Jones Industrial Average DJIA, +0.58%  rose about 116 points or 0.4%, to 28,654, while the S&P 500 SPX, +0.43%   was 14 points, 0.4%, higher, to touch 3,244. The Nasdaq COMP, +0.73%  jumped 65 points, 0.7%, to touch 9,038. …The S&P 500 SPX, +0.43% gained 28.9% and the Nasdaq Composite COMP, +0.73%,… Continue Reading…

Economy, Stocks

“Global stock markets gained $17 trillion in value in 2019”

“Global stock markets have been on a torrid run in 2019, adding more than $17 trillion in total value, according to Deutsche Bank calculations. The value of global equities began the year just under $70 trillion but has now surpassed… Continue Reading…

Uncategorized

Happy Holidays!

I wish everyone well. Enjoy some time off. Enjoy your family. Have a great day.

Economy

“Employers post more jobs in October in sign of solid economy”

“The number of available jobs jumped in October after hitting an 18-month low the previous month, a sign the job market remains strong. The Labor Department said Tuesday that the number of available positions rose 3.3% to nearly 7.3 million. That suggests… Continue Reading…

Personal Finance

“Seven money moves you can actually make before the end of the year”

“Pull your monthly bank and/or credit card statements for the last year…Total all your debts…Total your savings.…Review your retirement account…Review your Social Security statement…Do a net worth statement…List your financial highs and lows for 2019…” https://www.washingtonpost.com/business/personal-finance/seven-money-moves-you-can-actually-make-before-the-end-of-the-year/2019/12/17/c6e94ac6-20dc-11ea-86f3-3b5019d451db_story.html The article goes into… Continue Reading…

Economy, Personal Finance

“Americans’ Credit Card Debt Poised to Reach 10-Year High”

“Americans are projected to fall seriously behind on their credit card bills at the highest rate in a decade as banks push a record number of people to get plastic. The share of credit card borrowers who are at least… Continue Reading…

Stocks

“Why Exxon’s Stock Could Hit $100 In 2020”

“Exxon investors’ long-time suffering may end in the New Year. Oil and gas giant ExxonMobil (NYSE: XOM) could soon go from bleeding cash to gushing profits, with some serious upside.   Bank of America Merrill Lynch has even tapped XOM as its top 2020… Continue Reading…