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Economy

“$6 Trillion in Taxes Are at Stake in This Year’s Elections”

January 19, 2024

https://www.wsj.com/politics/policy/6-trillion-in-taxes-are-at-stake-in-this-years-elections-ee4353ed This article is behind a pay wall but let me guess. Republicans want tax cuts and Democrats don’t. As for the “powers that be” They see Donald Trump winning the election. “U.S. executives in Davos see a Trump victory… Continue Reading…

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Cryptocurrencies, Stocks

“Bitcoin Retreats From 2-Year High on First Day of ETF Trading”

January 16, 2024

“The token had advanced as much as 6.7% to $49,021, buoyed by the approval of spot Bitcoin ETFs by the US Securities and Exchange Commission after markets closed on Wednesday. It was recently trading at around $46,300. Most smaller tokens,… Continue Reading…

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Real Estate

“Mortgage demand jumps nearly 10% to start the year, even as interest rates tick up again”

January 16, 2024

“…The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) increased to 6.81% from 6.76%, with points remaining unchanged at 0.61 (including the origination fee) for loans with a 20% down payment. That rate… Continue Reading…

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Cryptocurrencies

“After false SEC post on ETF, bulls still see bitcoin at all-time highs this year”

January 12, 2024

“…a post from the account of the U.S. Securities and Exchange (SEC) on the X social media platform, formerly known as Twitter, on Tuesday claimed that the long-awaited bitcoin exchange-traded fund (ETF) had been approved. It turned out it hadn’t. Instead, the SEC… Continue Reading…

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Business

“NCAA and ESPN ink 8-year, $920 million media rights deal”

January 8, 2024

“The NCAA and ESPN have reached a new eight-year media rights deal worth more than $115 million annually, as the value of sports media rights reaches new heights. The new agreement carries an annual value of roughly three times the current 14-year deal,… Continue Reading…

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Stocks

“JPMorgan predicts a grim outlook for the stock market next year”

December 29, 2023

“…Dubravko Lakos-Bujas, the chief global equity strategist at JPMorgan, said in a recent analyst note that slowing economic growth, the rapid depletion of household savings and ongoing geopolitical turmoil could trigger a steep decline in the S&P 500 over the course of… Continue Reading…

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Business

“Up Over 90% This Year, Will UiPath Stock Continue Rallying in 2024?”

December 19, 2023

“…UiPath is an unprofitable company; it incurred losses totaling $363.8 million over the trailing 12 months. But it is posting strong revenue growth, and with gross profit margins in excess of 80%, there’s hope that as sales rise, the bottom… Continue Reading…

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Economy

“25% of Americans still have holiday debt from last year…”

December 6, 2023

“For some shoppers, the upcoming holiday season may lead to piling on more debt. About 25% of Americans are still paying off holiday debt from 2022, according to WalletHub’s November holiday shopping survey… As of November, the average credit card interest rate… Continue Reading…

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Stocks

[Prediction?] ” Companies Will Propel Profit More Than 100% Next Year: Analysts”

November 28, 2023

“Seven companies, including health care play Merck (MRK), industrial Stanley Black & Decker (SWK) and Estee Lauder (EL), are poised to post 2024 adjusted earnings per share that’s 100% or more higher than this year’s, says an Investor’s Business Daily analysis of data from S&P Global… Continue Reading…

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Economy

“…Switzerland Seeks Low-Budget Olympics After Years of Opposition”

November 27, 2023

“…Winter Games are usually held by a certain region or city, and they can be pricey. The 2018 edition held in Pyeongchang, South Korea, cost about $13 billion. Even back in 2002, Salt Lake City still spent $2.2 billion on… Continue Reading…

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