The college football season is upon us and so is our annual Top 25. This year Yahoo Sports revealed the teams from No. 11 to 25 at once before we publish each of our top 10 in separate posts in the days leading up to Week 1. That continues with No. 2 Ohio State. Previously: 11-25, No. 10 Oregon, No. 9 N.C. State, No. 8 Notre Dame, No. 7 Texas A&M, No. 6 Michigan, No. 5 Utah, No. 4 Clemson, No. 3 Georgia No. 2 Ohio State Ohio State is one of the very few programs in college football where… Source link
Read More »‘Cash is still trash’ — Billionaire Ray Dalio says keeping money in a savings account is not safe. Here’s what he holds instead
‘Cash is still trash’ — Billionaire Ray Dalio says keeping money in a savings account is not safe. Here’s what he holds instead Some say cash is king. But according to Ray Dalio, founder of the world’s largest hedge fund Bridgewater Associates, it may not be wise to keep too much of your investment money in cash these days. “Cash is not a safe investment, is not a safe place because it will be taxed by inflation,” Dalio told CNBC last year. This week, when CNBC asked him about his… Source link
Read More »Payrolls rise by 428,000 as unemployment rate holds at 3.6%
U.S. job growth remained robust in April as the unemployment rate held near its pre-virus low, further underscoring the still-tight domestic labor market. The Labor Department released its monthly jobs report for April Friday morning at 8:30 a.m. ET. Here were the main metrics from the print, compared with consensus data compiled by Bloomberg: Non-farm payrolls: +428,000 vs. +380,000 expected and a revised +428,000 in March Unemployment rate: 3.6% vs. 3.5% expected, 3.6% in March Average hourly… Source link
Read More »Pro Bowl: AFC holds on to beat NFC 41-35 in turnover-filled contest – Yahoo Sports
The AFC has a five-game Pro Bowl win streak though there was some late drama. The AFC scored 13 consecutive points in the second half to open up a 20-point lead at one point before holding on for a 41-35 win in a turnover-filled game. The two teams combined for eight turnovers. Seven of them were interceptions and six of them happened in the first half. Justin Herbert’s fourth-quarter interception with the AFC up 41-28 gave the NFC a chance to get back into the game and cut the deficit to… Source link
Read More »In a market full of wild valuations, Bill Gates holds these stocks for the stable income growth
In a market full of wild valuations, Bill Gates holds these stocks for the stable income growth Having sold most of his shares in Microsoft, Bill Gates doesn’t stand to gain nearly as much from the company’s market-topping Q2 as some of the other big shareholders. But it’s safe to say that both Gates and his well-known charity will be just fine. Gates is still worth more than $135 billion, according to Forbes, while the Bill & Melinda Gates Foundation Trust remains loaded with winning… Source link
Read More »High-income network holds only ‘25% of their assets in public stocks:’ TIGER21 chair
Members of the high net-worth membership network TIGER21 hold the majority of their wealth in assets other than public equities, data from the organization suggests. About 25% of TIGER21 member assets are in publicly-traded equities. The plurality of assets (27%) are held in real estate, whereas private equities and cash/cash equivalents make up 22% and 14% of the asset pool, respectively. “Our members are invested in technology stocks because of their scalability and increasingly in ETFs so… Source link
Read More »Fed holds rates at near zero, projects two possible rate hikes by end of 2023
The Federal Reserve on Wednesday held interest rates at near-zero but optimism over the progression of the U.S. economic recovery spurred more Fed officials to pencil in rate hikes by the end of 2023. The Fed also reiterated for now its commitment to its asset purchase program, which is absorbing about $120 billion a month in assets. “Progress on vaccinations will likely continue to reduce the effects of the public health crisis on the economy, but risks to the economic outlook remain,”… Source link
Read More »Bitcoin Holds Support; Faces Resistance at $50K
TipRanks 2 Big Dividend Stocks Yielding at Least 8%; Analysts Say ‘Buy’ Dividend stocks are always popular. They offer investors a clear path to returns, with regular cash payments and a yield – a return on the original investment – that usually far exceeds bond yields. But not all dividend stocks are created equal, and some offer better opportunities than others. Dividend yield is a key metric. Among S&P listed companies the average yield is only 2%. However, the highest yields… Source link
Read More »Google v. Oracle: Supreme Court Holds Copying of Key Part of Java Software, its API, is Fair Use | Sunstein LLP
Ending a struggle between two tech titans stretching over more than a decade, the Supreme Court held in a 6-2 opinion that Google’s copying of key portions of the Application Programming Interface (API) of Oracle’s Java SE software, constituting 11,500 lines of computer code, was fair use. In determining that Google’s copying of the API constituted fair use, the Court, on April 5, reversed a 2018 Federal Circuit decision that held otherwise. The background of the case and the Federal… Source link
Read More »What the future holds for Exxon
Photo by: John Nacion/STAR MAX/IPx 2020 10/20/20 A view of an Exxon logo on a worker’s baseball cap at a Gas Station in Flushing, Borough of Queens, New York City on October 20, 2020. US President Trump invoked the company’s name at a rally in Arizona, saying all he had to do to raise funds was call Wall Street and oil executives. “We are committed to playing a leading role in greenhouse gas reductions consistent with the goals of the Paris agreement…” Thus spoke Exxon (XOM) CEO Darren… Source link
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