I was talking to a high-profile Wall Street strategist the other day who told me she and her husband were house-hunting in the Hamptons. They saw a place they liked, but the asking price was too high. “It was as if the downturn in the stock market hadn’t happened,” the strategist related. “I told the broker: ‘I’m paying what this house was worth back in February 2020, because that’s what it’s worth now.’” A provocative take, and one worth considering. The strategist is… Source link
Read More »Adrian Peterson agrees to counseling after February arrest
Adrian Peterson has agreed to complete 20 sessions of both domestic violence and alcohol counseling in the next six months as an alternative to prosecution in his domestic violence case, . , just hours before Super Bowl LVI, at Los Angeles International Airport after police said he and his wife got into a “verbal and physical altercation” on a flight bound for Houston. That flight turned back to the gate, and . him days later on Instagram, and said that “at no point did Adrian hit or… Source link
Read More »US job openings inch lower to reach 11.266 million in February
U.S. job openings edged lower last month to retreat only modestly from a record high, and vacancies still far outpaced new hires as employers struggled to bring back more sidelined workers. Job openings totaled 11.266 million in February, the Labor Department said in its Job Openings and Labor Turnover Summary (JOLTS) on Tuesday. This came after job openings came in at 11.283 million in January, according to the Labor Department’s revised figure. Consensus economists were looking for 11.000… Source link
Read More »Existing home sales fall in February
Homebuying activity faded in February. Existing home sales declined 7.2% to a seasonally adjusted 6.02 million units in February from a month earlier, according to the National Association of Realtors (NAR). The number of sales was down 2.4% from the same month a year ago. January home sales figures were revised slightly down to 6.49 million from 6.5 million. The results came in much higher than analysts’ expectations of a 6.2% month-over-month decline to 6.1 million units, according to… Source link
Read More »February CPI rises 7.9% over last year
U.S. consumers paid more for a variety of goods and services in February compared to the prior month and year, with prices climbing across the economy amid lingering supply and demand imbalances. The Bureau of Labor Statistics’ Consumer Price Index (CPI) rose 7.9% in February compared to last year, marking the fastest annual jump since 1982. This took out January’s previous 40-year high rate of 7.5%, and matched consensus economist expectations, according to Bloomberg data. On a… Source link
Read More »Private payrolls rose by 475,000 in February: ADP
U.S. private-sector employers brought back more jobs than expected in February as virus-related disruptions receded following the Omicron variants spread. Private payrolls rose by 475,000 in February compared to January, ADP said Wednesday. Economists were looking for payrolls to grow by 375,000, according to Bloomberg consensus data. February’s report also came alongside a sharp upward revision to January’s payrolls. In January, private sector employment rose by 509,000, ADP said in its… Source link
Read More »NIO Inc. Provides February 2022 Delivery Update
NIO delivered 6,131 vehicles in February 2022, increasing by 9.9% year-over-year NIO delivered 15,783 vehicles in 2022 in total, increasing by 23.3% year-over-year Cumulative deliveries of the ES8, ES6 and EC6 as of February 28, 2022 reached 182,853 SHANGHAI, China, March 01, 2022 (GLOBE NEWSWIRE) — NIO Inc. (“NIO” or the “Company”) (NYSE: NIO), a pioneer and a leading company in the premium smart electric vehicle market, today announced its February 2022 delivery results. NIO delivered… Source link
Read More »Yahoo mail to officially stop in China from February 28
Yahoo mail will officially stop working in mainland China from tomorrow, February 28. The company has already windup all its other operations in the country. HIGHLIGHTS Yahoo mail will stop working for people in mainland China from February 28. Microsoft, Google, and Yahoo are all exiting China due to increased government scrutiny. The news may prompt a further exodus of companies from the world’s most populous country. Yahoo previously announced that from November 1, 2021, users will not be… Source link
Read More »The 10 most popular Amazon buys of February, according to Yahoo Canada readers
Top 10 Amazon products for the month of February. Yahoo Lifestyle Canada is committed to finding you the best products at the best prices. We may receive a share from purchases made via links on this page. Pricing and availability are subject to change. Yahoo Canada readers are big fans of Amazon Canada — and head there to shop for pretty much anything, from buzz-worthy products to the everyday essentials. In Feburary, there were certain items that stood out as our readers’ top picks —… Source link
Read More »Nordic American Tankers Ltd (NYSE: NAT) – Report February 25, 2022 (Fourth quarter 2021)
Nordic American Tankers Limited Friday, February 25, 2022 Highlights: As regards the recent political events in Russia and Ukraine, we shall comment later when matters are more clear. 1. On a Time Charter Equivalent (TCE) basis, fourth quarter 2021 was the best quarter of the last five quarters. We take comfort from an improving trend in both top- and bottom-line results. 2. The average TCE for our active fleet during the fourth quarter 2021 came in at $10,100 per day per ship. This was up 74%… Source link
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