2 min read
Business

Analyst Stacy Rasgon’s Advice on Intel Stock: “Don’t Waste Your Time or Money

Intel stock has been experiencing a rough patch lately, with many investors losing faith in the semiconductor giant. However, according to top analyst Stacy Rasgon, now is not the time to buy. In a recent interview with TipRanks.com, Rasgon advised against investing in Intel stock, citing a number of reasons why it may not be a wise choice at the moment.

1 min read
Business

Fed Rate Cut Unnecessary as Jobs Report Indicates Healthy Economy

The latest jobs report released by the Bureau of Labor Statistics showed that the US economy added 224,000 jobs in June, surpassing economists’ expectations. Despite fears of a slowdown, the labor market continues to plow ahead at a steady pace.

2 min read
Business

Solar Panel Owners Brace for Impact of Upcoming Solar Eclipse

Solar energy is on the rise, with more and more homes and businesses installing solar panels to reduce their carbon footprint and save money on electricity bills. However, the upcoming solar eclipse is set to have a significant impact on the efficiency of these solar panels.

2 min read
Business

Bitcoin halving to clash with seasonal downturn, creating uncertainty for investors

The much-anticipated event of Bitcoin halving will soon take place amidst what Coinbase describes as a “weak time of year” for cryptocurrencies. As the distribution of Bitcoin becomes more limited due to halving, investors are preparing for potential market fluctuations.

2 min read
Business

Week Ends on Positive Note for Stock Market Despite Previous Losses

Investors saw a glimmer of hope at the end of a tumultuous week on Wall Street as the stock market closed on a high note on Friday. The S&P 500 and Nasdaq both posted gains, while the Dow Jones Industrial Average ended the day slightly lower. This mixed distribution reflects the uncertainty and volatility that has plagued the market in recent days.

2 min read
Business

Walmart Shoppers Eligible to Receive Up to $500 in Class-Action Settlement

Walmart shoppers who have purchased certain products may be eligible to claim up to $500 as part of a class-action settlement. The funds are being distributed to compensate customers who may have been misled by the labeling or advertising of the products.

2 min read
Business

SEC Delays Climate Reporting Requirements Due to Legal Issues

The Securities and Exchange Commission (SEC) has announced that it is pausing its efforts to implement a rule that would require companies to disclose their climate change-related risks and impacts. This decision comes amid legal challenges from industry groups and concerns about the potential impact on companies and investors.

1 min read
Business

Economists Warn of Misleading Employment Data Amidst Growing Concerns

The recent release of employment numbers has caused confusion among economists and analysts. While the headline figures may appear positive, a closer look reveals a more complicated picture. In reality, the distribution of these jobs has been uneven, with many industries still struggling to recover from the impacts of the pandemic.