Raytheon Technologies Stock Drops Then Pops on Earnings Beat

Raytheon Technologies Corporation (RTX) reported better-than-expected earnings per share on July 28. The stock dropped to as low as $55.73 on Aug. 3 and then popped to $66.15 on Aug. 11. Raytheon Technologies is the second largest aerospace and defense contractor. It's the combination of United Technologies and Raytheon. The new company is a component of the Dow Jones Industrial […]

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New York’s economic outlook ranked worst in the nation

A conservative think tank ranked New York’s economic outlook the worst in the nation as the state tries to recover from the coronavirus pandemic. The Empire State placed dead last on the American Legislative Exchange Conference’s annual ranking for the seventh straight year largely thanks to its high taxes and hefty debts. New York and other states like neighboring Vermont […]

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NVIDIA (NVDA): A Perfect Stock Split Candidate

Dow component Apple Inc. (AAPL) and Tesla, Inc. (TSLA) have stunned long-time market watchers in the past two weeks, declaring the first splits of popular growth stocks in years, with the minor exception of mergers that required splits to equalize share value. It has paid off so far, with both stocks attracting buying interest from the youthful Robinhood trading crowd. […]

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Was this just an easyJet ploy to get out of paying a refund?

How many of you were, like me, contacted by easyJet in mid June, stating that, “as government travel restrictions and safety guidelines evolve, you may wish to cancel your upcoming flights”? It offered a voucher with an extra £10 credit as a “thank you” to those who applied before 29 June. I, like many others, felt obliged to accept. On […]

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UK sinks into worst recession on record

Britain's economy shrank by a record 20.4 per cent in the second quarter when the coronavirus lockdown was tightest, the most severe contraction reported by any major economy so far, with a wave of job losses set to hit later in 2020. The scale of the economic hit may also revive questions about Prime Minister Boris Johnson's handling of the […]

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US jobs openings increase nearly 6 million in June, but still below pre-pandemic level: Labor Department

July jobs report reveals US gained 1.763 million jobs Fox News contributor Brian Brenberg breaks down the numbers. U.S. job openings increased nearly 6 million in June as many workers in the restaurant and service industries quit, yet overall vacancies still remained below pre-pandemic levels, according to a Monday report from the Labor Department. Continue Reading Below In its monthly […]

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UK Employment Declines Most Since Global Financial Crisis

UK employment declined the most since the global financial crisis of 2009 as the coronavirus pandemic took its toll on the labor market, data from the Office for National Statistics showed Tuesday. As the lockdown and social distancing to curb the spread of the Covid-19 weighed on job creation, employment declined by 220,000 from the previous quarter to 32.92 million […]

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One-third of Americans expected to miss August rent

Canceling rent for coronavirus would cause ‘cascade effect’: International Capital Group CEO International Capital Group CEO Adiel Gorel reacts to demands to cancel or freeze rents across the country. Millions of Americans who live in a rental home or apartment are expected to miss their rent in August, the first month since the coronavirus pandemic began that there's no federal freeze on […]

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What is a subprime credit score?

A subprime credit score can affect your ability to obtain financing for student loans, personal loans, or a new credit card. (iStock) If your goal is to get approved for a new loan or life of credit, your credit score is one of the most powerful tools that you have at your disposal. After all, the score you're given can […]

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