TipRanks 2 “Strong Buy” Stocks From Oppenheimer’s Top Analysts Both the S&P 500 and the Dow Jones average have closed at record highs, and the NASDAQ has reversed the brief foray it took into correction territory in the second week of March. The market gains reflect several factors: relief that the $1.9 trillion COVID aid bill passed Congress and was signed by the President; a general optimism that the ongoing vaccination program will allow a normal economic environment sooner rather… Source link
Read More »Most Americans don’t need their stimulus checks right away
As $1,400 stimulus checks arrive in millions of American bank accounts, a lot of the money is likely to stay there for a while. A new Yahoo Finance–Harris Poll finds that 62% of Americans say they need more stimulus money to help pay for necessities, but only 41% expect to actually spend the money that way. The same set of respondents say they only spent 43% of the money they got from two prior rounds of stimulus, in January of this year and March of last year. So stimulus recipients may… Source link
Read More »Another 712,000 Americans filed new unemployment claims
TipRanks Raymond James: These 3 Stocks Are Poised to Surge by at Least 50% In a recent note on the state of the stock markets, Raymond James equity strategist Tavis McCourt points out a series of policy factors that are playing a role in the current market volatility; the situation is more complex, perhaps, than most of us have been willing to admit. McCourt notes permutations of the SLR rule, political dynamics on the Senate Banking Committee, and the regulatory atmosphere towards potential… Source link
Read More »One year into pandemic, a quarter of Americans say someone close to them has died from COVID-19
One year ago, on the eve of the eventful day that signaled the start of the COVID-19 pandemic — March 11, 2020 — a plurality of Americans (44 percent) said the threat of the virus had been “exaggerated,” according to a Yahoo News/YouGov poll conducted at the time. More people said their peers were “overreacting” (36 percent) than said they were “behaving appropriately” (30 percent). Just 6 percent said they had worn a mask. And nearly everyone (88 percent) predicted that… Source link
Read More »One year into pandemic, a quarter of Americans say someone close to them has died from COVID-19
The New York Times Inside the Lincoln Project’s Secrets, Side Deals and Scandals A few days before the presidential election, the leadership of the anti-Trump Lincoln Project gathered at the Utah home of Steve Schmidt, one of the group’s co-founders, and listened as he plotted out the organization’s future. None of the dissident Republican consultants who created the Lincoln Project a year earlier had imagined how wildly successful it would be, pulling in more than $87 million in donations… Source link
Read More »Another 745,000 Americans filed new unemployment claims
Weekly unemployment claims ticked up last week but by a smaller than expected margin, picking up slightly after reaching the lowest level since November during the prior week. The Department of Labor released its weekly report on new jobless claims on Thursday at 8:30 a.m. ET. Here were the main metrics included in the report, compared to consensus data compiled by Bloomberg: Initial jobless claims, week ended February 27: 745,000 vs. 750,000 expected and a revised 736,000 during the prior… Source link
Read More »American’s Trust Google More Than Facebook or TikTok
Just Because Americans Trust Google The Most, That Doesn’t Mean They Trust Google Entirely Americans Trust Facebook And TikTok The Least American’s Require More Digital Education What Can Social Media Giants Do To Increase Trust? In a world of fake news and misinformation, 1,057 U.S. residents were asked how they feel about social media and search platforms. The recent survey uncovered trust levels in tech companies, which platforms cause concern and opinions regarding tech space… Source link
Read More »COVID-19 will change the way many Americans work forever
Airbnb’s (ABNB) first quarter as a public company was defined by the creative ways people have traveled during a pandemic. The rise in nearby road trips to more remote locations and longer term stays gave the home rental company a leg up compared to its counterparts in the traditional hospitality space. However, the upcoming availability of vaccinations raises the question of whether these adopted patterns will continue in a post-coronavirus world. “The lines between travel and living are… Source link
Read More »Another 730,000 Americans filed new unemployment claims
TipRanks 2 Stocks Trading at Rock-Bottom Prices; Analysts Say ‘Buy’ We’re in a volatile period right now, as stocks slipping after starting the year on a strong note. Big Tech, which boomed during the pandemic lockdowns and the move to remote work, is leading the declines. Investors have taken the measure of the vaccination programs, and now, in fueled by both a belief and a hope that economies will soon return to a more normal footing, they are seeking out those stocks that will gain we… Source link
Read More »It will be 6-8 weeks before more Americans can access vaccines
InvestorPlace 10 Dividend Stocks Increasing Their Payouts There are two types of dividend stocks: those that increase their annual dividend payments year after year, often referred to as Dividend Aristocrats, and those that grow their annual dividends by double-digit percentages every year. In early January, Rob Carrick, one of Canada’s best personal finance columnists, wrote an article about dividend stocks that doubled their payouts over the past 10 years. With an assist from Tom Connolly… Source link
Read More »