Advertiser Disclosure StocksForYou is not your typical stock recommendation service but one that offers the best and timely stock recommendation for investors eyeing high returns. The service has mostly lived up to expectations on helping beginners focus on the right things in the market, as was the case in a recent newsletter from November that we
When 2020 started a milestone was hit in job demographics, as women held more jobs than men in the United States, something that only happened one other time at the end of 2009 and into 2010. There were still discrepancies, as women are more likely to work part-time because of expectations as caregivers and full
In a mixed week for job results the number of Americans who applied for jobless claims for the first time fell slightly to start 2021, but unemployment is still very high and not very likely to fall until after the coronavirus pandemic goes away or at least is under control. Initial jobless claims traditionally filed
Billed as one of the most bizarre years, one thing stood out in 2020: Special Purpose Acquisition Companies SPACs. Better known as shell companies, SPACs took the market by storm as the need to raise capital inched a notch higher among private companies. While private companies have always had ample access to capital from venture
Stimulus checks are set to be distributed in the coming days, but that may be called into question as Congress, and specifically the Senate, are struggling over the bill. The President signed the original bipartisan bill, passed by Congress on Sunday, however he also called for an increase to the individual checks being sent out
While 2020 was a rough year for many, although others were able to fix their issues and move forward from the March collapse. With extremely low interest rates coming from the Federal Reserve, as well as unprecedented support from the federal government to support the investing economy, with technology stocks doing the best on average.
With the second stimulus checks getting authorized with the signing of the $900 billion relief package attached to the omnibus spending bill it is important to remember that the amount per person is only $600 each this time, half of what it was for qualifying adults last time but slightly higher for qualifying children. Most
Applications for first time unemployment benefits fell to a three week low right before the Christmas holiday break to 803,000. This number while a drop is still quite high and is reflective of the new layoffs that have started to ramp back up over the past month that are tied to increased coronavirus cases across
Financing and investing billionaire Warren Buffet had an interview on Tuesday that used his stature and the reach of his interview to argue that the stalemate by United States Lawmakers in Washington D.C. that has dragged on for seven months now is letting small businesses fail unnecessarily just so they can get what they want
Talks of another stimulus package, to help cushion millions of people struggling amid the second wave of COVID-19, continues to gather steam in congress. The bipartisan push which has stalled in recent months is in a crucial stage, treasury secretary Steven Mnuchin having presented a White House proposal to Congress. Whitehouse Stimulus Proposal President Donald
First time applications for unemployment benefits jumped in the last week to the highest level in about three months months as coronavirus cases spiked in multiple parts of the country and delays from Thanksgiving finally caught up with the systems. Initial claims jumped to 853,000 from last weeks 736,000 in the seven days ending on
The U.S Exchange Traded Funds market has been a buzz of activities as investors eye broader market exposure to counter the exacerbated volatility levels. The uncertainty triggered by the COVID-19 pandemic has seen most investors turn to ETFs to diversify investment portfolios. ETFs For IPOs Likewise, the Initial Public market has also been heating up
Usually the New Year is a time for many to start long term financial goal planning. But right now many Americans are living day-to-day. With over third of America saying they’re going to be in “survival mode” in 2021 per Fidelity Investments New Year Financial Resolutions Study. What does “survival mode” mean? Well ,per the
If you’ve been fortunate enough to work in a place that offers a 401(k) you should consider yourself lucky. It appears that many companies are going to end that perk, if they haven’t ended it already. Posts of it on job searching boards like those on Glassdoor or on Social Media show that there is
The United States job figures for November were released and there was a gain of 245,000 jobs for the month. This did lead to a lower unemployment rate but hiring itself fell to a seven month low, a near prophetic sign that the increase in coronavirus cases throughout the country is causing damage to the
Late Thursday afternoon the United States Treasury Secretary Steven Mnuchin wrote a letter to the Federal Reserve that his department won’t be extended and that it will expire fully at the end of the year. In the letter Mr. Mnuchin said that the Federal Reserve’s lending program for small and medium businesses would be terminated.
GM had originally announced that it would devote $20 billion to work on developing more electric vehicles and even fully autonomous vehicles within the next five years. But they’ve now decided to increase that number, pledging a total of $27 billion through 2025 to turn not just a small portion of their vehicles to electric,
Even with low interest rates and massive quantitative easing happening at the same time to try and boost bottom lines of major corporations it likely isn’t enough to see massive growth in the stock market. Something else has to be there to make that happen. The advisory group at JPMorgan Chase’s global quantitative easing group,
Hopes of a faster economic recovery are the catalyst behind U.S treasury yields’ recent spike. The rebound hopes have been affirmed by Moderna unveiling a COVID-19 vaccine that is 95% effective. Even as U.S Treasury yields show signs of edging higher, Chinese Bonds remain under pressure. Treasury Yield Rally The Yield on the 10-year Treasury
Governments and regulators, worldwide, are acknowledging that cryptocurrencies are here to stay. Likewise, it does not come as a surprise that some have hit the ground running, trying to set up a regulatory framework to govern the burgeoning segment. South Korea Financial Services Commission is emerging as one of the most aggressive on this front.
Inspire Brands, the owner of Arby’s Buffalo Wild Wings and Sonic Drive-In, has moved to expand its portfolio of 11,000 restaurants. The private company has reached an agreement to acquire Dunkin Brands Group Inc. (NASDAQ:DNKN) in an all-cash value deal valued at $8.76 billion. Inspire Brands- Dunkin Brands Merger The deal represents a 20% premium
Results and analysis are in for the first month of consumer spending after the $600 unemployment boost was out, and what happened shouldn’t be a surprise to many. Spending levels in households that were employed remained relatively flat but those who received the unemployment are burning through the savings they grabbed at an alarming rate.
This week in the labor market jobless claims jumped another 53,000 to 898,000 for the week ending October 10th, after the initial tally of 845,000 and industry experts expected around 800,000. That level of increase is likely because of more widespread outbreaks of COVID are affecting the job market like they did in March and
Real estate has been one of the bright spots even as the pandemic continues to take a toll on investment sentiments in the capital markets. Investors and firms are increasingly flocking to the real estate sector in pursuit of highly discounted properties. Real Estate Acquisitions Alexandria Real Estate has been on an acquisition spree, having
Walmart is working on their Deals for Days option instead of a standard Black Friday which just might change the landscape of Black Friday and other retail shopping days. But are they going to be able to compete with other retailers that are also running these types of specials? Walmart announced that they would be
The California appeals court is finally hearing some of the arguments from gig workers in their lawsuit. The Tuesday appearance allowed them to hear arguments from lawyers for Uber Technologies as well as Lyft Inc. and the state of California itself. The argument is whether or not the state is able to recognize the drivers
Hacking personal finance is crucial if one is to survive whatever life throws at them at a time when the global economy appears to be in turmoil. Successful financial planning is all about figuring goals first and then determining the necessary steps needed to achieve them. Likewise, Money Hacks by Lisa Rowan and Psychology of Money by Morgan Housel
The real estate industry has been a buzz of activities amid the economic uncertainty triggered by the COVID-19 pandemic. Unlike in 2009, whereby real estate fuelled economic recession, the industry’s activities have continued to edge higher on Investors moving to buy highly discounted properties. Likewise, firms and funds are increasingly offering ways for investors to
Climate change is not a facade but an issue that could hurt countries finances if necessary measures are not taken. Investment firm BlackRock has unveiled a new sovereign bond ETF that weight’s countries based on their level of risk to climate change. The new ETF comes amid growing calls for the fund industry to do
The unemployment rate has dropped to 7.9%, a new low that continues a four month streak of improvement. Still, the added 661,000 jobs that were added over the month of September were not what had been hoped for and did not increase the market as much as had been expected. The hiring increase is the