Author: prosperplanetpulse.com
Investing.com — Friday’s U.S. employment report will be the highlight of a holiday-shortened week as markets look for clarity on when interest rate cuts will begin. Comments from Federal Reserve Chairman Jerome Powell and minutes from the U.S. central bank’s latest meeting on Wednesday will be closely watched. Elections in France and the UK will also keep markets on their toes. Here’s a look at what’s happening in the markets this week. US Employment Data Investors will be watching nonfarm payrolls data on Friday for any new indications as to when the Federal Reserve might start cutting interest rates. Economists…
International Game Technology PLC (NYSE:IGT – Get Free Report ) has seen a significant increase in short interest in the month of June. As of June 15, short interest totaled 3,010,000 shares, up 17.6% from a total of 2,560,000 shares on May 31. Based on an average daily trading volume of 1,090,000 shares, the days coverage ratio is currently at 2.8 days. Currently, 2.8% of the company’s shares are sold short. Analyst Rating Changes A number of brokerages have expressed opinions on IGT. StockNews.com raised their rating on International Game Technology from a “buy” to a “strong buy” rating in…
Hawaii’s astonishing budget surplus continues to benefit the entire state. Luckily for the state, there are still plenty of dollars coming into the treasury. According to a Hawaii Public Radio report last week, “the state’s $1.5 billion rainy day fund is the largest ever.” At the same time, when the Legislature convened in January, the state had plenty of carryover funds — money that hadn’t been spent or appropriated in previous budgets. Hawaii’s budget isn’t unique: Budget surpluses are a national trend. In fact, Hawaii is one of 34 states that plan to further increase the size of their rainy…
According to data from Capital One Shopping and ECR, 96% of U.S. grocery stores offer self-checkout options. About 40% of grocery store registers are self-checkout. About 77% of non-grocery retailers offer some form of self-checkout option.For consumers, the concept of self-checkout lanes often provokes a variety of reactions. Some don’t mind, others complain. We go into a store, spend money, and end up doing a job for our employer. We don’t get paid. We don’t get benefits. We don’t even get invited to the company Christmas party.But over the past few years, the use and adoption of self-checkout kiosks has…
Remi never intended to secretly outsource her job. It sort of just happened.After graduating from college in 2019 with a degree in education, the Gen Zer found work at a Chicago publishing company. She did not love it. Most of her colleagues were decades older than her, and their struggles to use basic software forced her to become a one-woman IT operation. The work itself was uninspiring and relentless: On most days she juggled presentation slides, managed spreadsheets and databases, and formatted page layouts.The pandemic provided a respite from the tedium of in-office interactions. But it didn’t lessen her workload,…
Down icon An icon in the shape of a downward angle. Italy’s new “mountain settlement” program will pay people up to $32,000 to move to the Tuscan countryside in an effort to stabilize the country’s population problem. Slim Aarons via Getty Images Tuscany officials have set up a $3 million fund to encourage people to move to the countryside.The fund will pay grants of up to $32,000 to people who move to Tuscany and renovate their homes there.The grant will pay 50% of the renovation costs, and applicants must occupy the property as their primary residence. Imagine living in a…
There have been personnel changes in the mayor’s office, with a new deputy chief of staff and spokesperson highlighting the changes. Ricardo Patron, who served as press secretary for the past two and a half years, has been promoted to deputy chief of staff to Mayor Michelle Wu. Deputy press secretary Emma Pettit will take over as press secretary and lead the news office, effective July 1. Pettit joined the mayor’s news office five years ago. “Ricardo and Emma bring a wealth of experience, organizational knowledge and passion to ensure City Hall connects with residents in every neighborhood,” Wu said…
Investors looking for income can find plenty of opportunities in any market environment. Dividend stocks are a great way to add cash to your portfolio and increase your overall returns over time. Whether you use the dividends to add to your portfolio or to cash out, these types of stocks can help you diversify the types of businesses in which you own shares. When it comes to investing in dividend stocks, you want to make sure the companies you buy have strong underlying businesses and balance sheets that can help support and grow their dividend payments. Top dividend stocks also…
Dividend stocks are a great way to add cash to your portfolio and increase your overall returns over time. Whether you use the dividends to add to your portfolio or to cash out, these types of stocks can help you diversify the types of businesses in which you own shares.When it comes to investing in dividend stocks, you want to make sure the companies you buy have strong underlying businesses and balance sheets that can help support and grow their dividend payments. Top dividend stocks also have a track record of maintaining and growing their dividends in a variety of…
Kathmere Capital Management LLC increased its holdings in Cognizant Technology Solutions Co. (NASDAQ:CTSH – free report ) by 21.9% in the first quarter, according to the latest disclosures made to the Securities and Exchange Commission. The firm bought an additional 888 shares during the quarter, bringing its holdings in the information technology services provider to 4,937 shares. Kathmere Capital Management LLC’s holdings in Cognizant Technology Solutions were worth $362,000 at the end of the most recent quarter. Other hedge funds and institutional investors also recently added to or reduced shares in CTSH. IFG Advisory LLC increased its holdings in Cognizant…