Getty Images “ ‘The United States is at a tipping point in which it could go from manageable internal tension to revolution and/or civil war.’ ” That’s Ray Dalio, the billionaire founder of Bridgewater Associates, sounding the alarm in his latest LinkedIn post on the class and power struggles that …
Read More »Earnings Outlook: Beyond Meat earnings preview: Competition and pricing could take a toll on margins
Beyond Meat continues to launch new products and expand distribution, but faces competition. Beyond Meat Beyond Meat Inc. BYND, -0.11% is scheduled to report third-quarter earnings on Monday amid a competitive landscape that seems to grow more crowded by the day. Over the past couple of months, Beyond Meat has …
Read More »: Another round of stimulus checks could help boost U.S. online holiday sales by $11 billion, Adobe says
More people will shop online this holiday season, sending sales soaring, according to Adobe. (Getty Images) Adobe Analytics forecasts U.S. e-commerce sales to rise by one-third this year, reaching a record $ 189 billion, but that number could hit $ 200 billion if stores shut down again and another round …
Read More »Key Words: The U.S. could be looking at ‘severely’ limited growth even after the pandemic, warns top hedge-fund exec
Getty Images “ ‘A number of countries have done a much better job of dealing with the virus without inflating their budget deficits and printing money.’ ” That’s Bob Prince, co-chief investment officer of the world’s largest hedge fund at Bridgewater Associates, explaining to Bloomberg in a recent interview why …
Read More »: Venmo’s new credit card has personalized rewards — it could affect perks across the industry
Venmo is rolling out a credit card with a personal QR code that users can show friends when trying to split payments. PayPal Venmo’s new credit card, by design, is meant to appeal to a younger demographic than a flashier card like the Chase Sapphire or American Express Gold Card. …
Read More »5 Ways Your Home Could be Wasting Energy
As winter quickly approaches, you’re probably starting to consider how warm your home is. Well, did you know that an uninsulated home will lose 35% of heat through the walls, while 25% is lost through the roof? These figures are pretty damning if we consider how much the average British …
Read More »Key Words: Pfizer CEO: Coronavirus vaccine could be distributed in U.S. by end of year
The chief executive of Phizer Inc. said Sunday that the pharmaceutical giant should know if its experimental COVID-19 vaccine works by the end of October — and if approved, it could be distributed in the U.S. by the end of the year. In an interview Sunday with CBS News’ “Face …
Read More »As schools reopen, scientists say some children could spread COVID-19 even if they already have the antibodies
As schools and colleges reopen across the country, scientists say social distancing remains a critical public-health response to COVID-19. New research released Thursday sheds more light on children who test positive for COVID-19, and the contagiousness of coronavirus. Children often remain asymptomatic or display very few symptoms, and the research …
Read More »Could mortgage rates be headed up?
Mortgage rates remain historically low as we enter September. The latest numbers from Freddie Mac show that the average for a 30-year fixed-rate mortgage is standing at 2.93%, relatively unchanged from last week. Freddie Mac economists noted this week that as the yield on the benchmark 10-year Treasury note increases, …
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