The U.S. economy added 275,000 jobs in February, extending the long stretch of job gains, but there are signs that workers are losing leverage in the labor market.
Kayla Castañeda's Agua Bonita has gained widespread success by bringing the nostalgic flavors of homemade agua frescas to major retailers like Target, Whole Foods, and Amazon.
The labor force participation rate has remained unchanged at 62.5% for three months, which is due to demographic changes and aging Baby Boomers, while US futures were mixed after the jobs report showed that employers added 275,000 jobs in February, exceeding economists' expectations of 200,000 jobs.
Michael Van Every, president of Republic Urban Properties, discusses the challenges facing the Bay Area office market, the oversupply of office space, the diversity of the Los Angeles office market, the tech industry's impact on the Bay Area economy, the need for innovation in the post-coronavirus era, and the housing market in California.
The global automotive wire and cable materials market is expected to reach a valuation of $3.2 billion by 2031, driven by factors such as increased investment in R&D activities, the need for better infrastructure, and the demand for innovative products to improve automobile safety and efficiency.
The global cellular IoT devices market is expected to experience significant growth, driven by the increasing adoption of IoT solutions in various industries and the emergence of 5G technology, providing enhanced data speeds and connectivity.
Wall Street braces for the release of the February labor data, with economists forecasting the addition of 200,000 jobs and investors eager to gauge the impact on future interest rates.
The US housing market faced a crisis in 2023, with rising home prices, a shortage of inventory, and high mortgage rates, but there is hope for a rebound in 2024 with positive builder sentiment and increased listings; here are the 20 most overpriced housing markets in America.
The S&P 500 is likely to reach its 17th peak of the year, driven by the growing interest in AI and resulting in increased dominance of a few stocks, including Nvidia, which has seen a surge in its shares and currently accounts for nearly 5% of the S&P 500 market cap, causing concern about market concentration; however, historical data suggests that the S&P 500 has often rallied over the 12 months following episodes of market concentration despite initial concerns.
The global urethane coatings market is projected to reach US$ 33.74 billion by 2032, driven by demand in construction, automotive, and industrial sectors, with the Asia Pacific region leading the market in terms of revenue.
Baron Capital has increased the value of its stake in Indian food delivery startup Swiggy, implying a valuation of $12.16 billion, surpassing its previous valuation of $10.7 billion, as it benefits from the structural growth in online food delivery in India.
The Florida condo market is in crisis as rising costs, including higher homeowners insurance and HOA fees, make it difficult for retirees on fixed incomes to afford their properties.
Despite the stock market reaching all-time highs, two stocks, Shopify and Ryman Hospitality Properties, are seen as excellent long-term investment opportunities due to their growth potential and strong performances.
The share price of Opera Limited has experienced a significant gain of 29% in the last month, with a 60% annual gain, indicating potential bullish signals despite the company's modest price-to-sales ratio.
Former President Donald Trump claimed in a Super Tuesday victory speech that the stock market's performance is due to his higher polling numbers compared to President Joe Biden, although stock market analysts refute this claim and attribute the rally to other factors such as AI investments and solid earnings growth.
Presidential elections have a strong historical correlation with market corrections, and while the odds suggest that the market will end the current year positively, it is important to prepare for the unexpected and reduce risk in portfolios by holding extra cash, increasing Treasury bond positions, and adding value investments.
Microsoft's AI-powered digital assistant, Copilot, along with the company's dominance in the AI market and its Azure Cloud services, positions it as a strong and affordable investment option in the growing field of artificial intelligence.
The Nasdaq Composite has entered bull market territory, and history suggests that it could potentially surge by 156% over the next 26 months, although predicting the future is uncertain and investors must consider various factors.
The global market for Variable Refrigerant Flow (VRF) Systems is projected to reach US$41.3 Billion by 2030, growing at a CAGR of 11.3% from 2022.
Germany's industrial output grew by 1% in January, ending a nine-month contraction.
The monthly nonfarm payrolls data, U.S. job growth, and inflation trends are the focus for investors and policymakers, while Costco's revenue disappoints and oil prices rise on signs of growing demand.
The global linear alkyl benzene (LAB) market is projected to reach a sales revenue of $14.2 billion by 2031, driven by the adoption of circular economy initiatives, increased demand from the e-commerce sector, and a growing preference for eco-friendly products.
European shares are drifting lower as investors await the non-farm payrolls jobs report, while the European Central Bank hints at a potential interest rate cut in June; meanwhile, Asian shares reach a seven-month high following hints for potential rate cuts and ahead of a key US jobs report.
Home Depot reported a -3.5% decline in same-store sales growth for Q4 FY23, but its strong balance sheet and undervalued stock price make it a high-quality franchise with a "Buy" rating and a fair value of $400 per share.
Sacramento City Council Member Mai Vang plans to launch the Meadowview Farmers Market in South Sacramento to address food insecurity and provide culturally-relevant produce to the community; the market is expected to open on June 2.
European shares declined while Asian benchmarks rose following record-setting gains in U.S. stocks, with Japan's Nikkei 225 and Sydney's S&P/ASX 200 both experiencing significant growth; investors remain cautious due to the possibility of higher interest rates once the economy improves in Japan.
The global flow chemistry market is expected to reach approximately USD 4.6 billion by 2032, growing at a CAGR of 8.1% from 2023 to 2032, driven by factors such as increased focus on ecological and green chemical methods, growing demand for flow chemistry in the pharmaceutical sector, and the integration of advanced technologies.
State insurance regulators have launched a comprehensive data call to collect and analyze information from over 400 property insurers operating nationally, in an effort to better understand property markets and address rising costs and coverage challenges.
Asian shares rise as U.S. stocks hit record levels and the prospect of lower interest rates looms, although cautiousness remains among investors.
The smartwatch market in India is seeing a sudden surge of unknown brands, which are gaining customer attention and pushing established players like Apple and Samsung to the sidelines, causing a decline in their market share and a reduction in average selling prices. However, experts predict that the market may eventually consolidate, with fewer players remaining.
Novo Nordisk's shares surged over 10%, surpassing Tesla's market valuation, as the company shared positive results on a new obesity drug in a Phase I trial.
China's leading EV maker, BYD, is challenging Western competitors in the global automotive market by exporting thousands of affordable electric vehicles (EVs) to Europe, forcing European carmakers to seek radical cost savings to compete, while German automakers fear losing market share to China's EVs and their push into higher value-added goods. The support and subsidies provided by the Chinese government to strategic sectors like EVs are reshaping international trade dynamics, creating political and economic challenges for Western economies.
Razor company Harry's is planning to go public with an IPO, while Reddit is planning to price its IPO on March 20th.
Altria's stock closed at $41.55, up 0.24% from the previous day, as investors await the company's upcoming earnings release. The stock has outperformed the Consumer Staples sector but lagged behind the S&P 500. Analyst revisions in estimates can impact stock prices, and Altria is currently ranked a Hold by Zacks. The company's valuation, including its P/E and PEG ratios, is in line with the industry average. The Tobacco industry ranks within the top 36% of all industries, according to Zacks.
Amazon's stock price increased by 1.91%, outperforming the S&P 500, and analysts are anticipating positive earnings growth and revenue escalation for the company despite its premium valuation compared to the industry average.
Minnesota regulators are proposing a bill that would grant temporary business licenses to social equity applicants in the state's recreational marijuana market, allowing them a head start in setting up their businesses before the official launch in 2025. These applicants include individuals who have been harmed by previous marijuana laws, and granting them temporary licenses would help level the playing field by assisting with securing financing and property leases. The bill also includes provisions for capping the number of licenses and consolidating the supply chains for recreational and medical marijuana.
Despite Bitcoin's impressive gains and the breaking of prior bull market highs ahead of schedule, experts suggest that the asset's four-year market cycle may still remain intact. On-chain analytics and valuation metrics indicate that Bitcoin is still in the bull phase, with the potential for further growth.
Stocks rose on Thursday as tech stocks led a broad rally, and Federal Reserve Chair Jerome Powell expressed cautious optimism about potential interest rate cuts. The Nasdaq Composite gained 1.5%, while the S&P 500 rose 1% and the Dow Jones Industrial Average advanced 0.3%. Treasury yields rebounded and gold futures extended their run-up to all-time highs.
Nvidia's market capitalization has surpassed $2.28 trillion, gaining over $1 trillion in value this year, while Tesla and Apple have experienced declines in their shares due to concerns about growth and sales in China.
US stocks rose as the S&P 500 hit a new record high, with the market staying positive ahead of the release of the February jobs report and testimony from Federal Reserve Chair Jerome Powell.
Summarized in one sentence, a group of masked and armed men called the 'People's Protection Committee' have taken over the role of municipal police in Rafah, following the disbandment of the police force due to Israeli strikes, in order to combat black market pricing.
P/E ratios are not a reliable indicator for short-term market performance, but they can be helpful in predicting long-term market trends, according to a research note by LPL Financial. Despite high P/E ratios, the fundamentals of the market are strong, suggesting that elevated valuations may persist for several years.
Dine Brands Global, the company that owns Applebee's and IHOP, is considering opening dual-branded restaurants in the US that would feature a shared back of house and a combined front of house for both brands.
Artificial intelligence (AI) may play a role in keeping the bull market alive and sustaining the remarkable returns American investors have experienced in recent years.
The housing market is starting to see an increase in available inventory as new listings of homes for sale have jumped by 13% from a year earlier, easing the phenomenon referred to as the lock-in effect; however, housing costs are still high despite a gradual decline in mortgage rates.
US stocks rose on Thursday, with the Nasdaq Composite and S&P 500 both reaching record highs, as investors remained positive amid Federal Reserve Chair Jerome Powell's testimony and the possibility of rate cuts. Tech stocks led the rally, while Victoria's Secret shares plunged after weak sales guidance.
Americans are optimistic about the housing market, but it's home sellers who have reason to be happy as market conditions favor them, while would-be buyers remain pessimistic due to low inventory and high borrowing costs.
Ruben Lubowski, an environmental economist, discusses the economic strategies behind tackling climate change and protecting forests, highlighting the success of Brazil in reducing deforestation and emphasizing the importance of carbon emissions trading schemes and industry-wide standards.
Novo Nordisk's new weight loss pill, Amycretin, helped users lose 13% of body weight after 12 weeks in an early clinical trial, causing the company's stock to surge and surpass Tesla's market capitalization.
Mortgage rates have dropped slightly, providing some relief for potential homebuyers, while housing inventory has increased, giving more options for buyers, though home prices have remained stagnant.