The labor market may be shifting. SOPA Images | Getty ImagesADP is a payroll and HR company. Amid anxiety about a recession, layoffs and headcount cutting, and 8.3% year-over-year inflation as of August 2022, employers might have power again. According to ADP’s National Employment Report, which uses the payroll company’s data from over 500,000 employers…
With investors fretting about the fate of the global economy amid aggressive interest rate increases, the stock market seems stuck in a vicious loop of volatility. Hence, fundamentally strong stocks with a track record of increasing dividend payouts, Bristol-Myers Squibb (BMY) and CVS Health (CVS), could be considered safe investments for investors aged 50 and…
The Fed’s hawkish monetary policy stance to tame the hot inflation is increasing recession fears. However, many analysts believe a soft landing is possible. Given the uncertain market conditions, fundamentally sound stocks Coca-Cola (KO) and Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) might be best for a starter stock portfolio. Read more. shutterstock.com – StockNews The…
Rite Aid (NYSE:RAD) needed to deliver some magic to investors. A strong earnings report would have helped. Instead, the beleaguered pharmacy chain tried its best to put a happy face on a lousy earnings report. Unfortunately, that’s a familiar tune that sends a sour note to investors. MarketBeat.com – MarketBeat In September 2020, several…
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Jay-Z is putting his money behind a new robot-operated pizza truck business with big plans to change the food industry. He invested in Stellar Pizza, a restaurant on wheels that can churn out 420 pizzas a day and cook a single pie in less than five minutes thanks to its robot technology, according to a…
Want to try or see something you’ve never done before? Looking to explore more of the rich culture of the United States? There are amazing events all over the U.S. throughout the calendar year. Some events are geographically independent, while others are deeply connected to their location, rooted in history. Here are 10 of the…
Inflation has caused numbers to rise on pretty much everything — except salaries. According to recent surveys of U.S. employers, most businesses will be unable to provide raises that match the current level of 8.3% inflation, Business Insider reported. Surveys by Salary.com, Payscale, and WorldatWork predicted salary increases between 3.8% and 4.4%., which is nearly…
Amid the Fed’s monetary policy tightening, the tech-heavy NASDAQ Composite has lost close to 30% in 2022. However, the solid demand for tech solutions is expected to drive the industry’s recovery. Amid the market volatility, we think fundamentally sound tech stocks Cisco Systems (CSCO) and Juniper Networks (JNPR) might be safe buy-and-hold options. Keep reading….…
The pandemic forced most businesses to make rapid strategic shifts. Those in leadership who successfully navigated the brief but deep early-pandemic recession made themselves more resilient to fiscal shocks by running leaner and focusing on core product or service lines. Due – Due Today, the global economy is faltering again. This is due in part…