A recent survey U.S. individual investors found these people expect to earn 17.3% this year, after inflation. That’s more than twice the return on U.S. stocks since 1926, which has averaged 7.1% annually after inflation.
A recent survey U.S. individual investors found these people expect to earn 17.3% this year, after inflation. That’s more than twice the return on U.S. stocks since 1926, which has averaged 7.1% annually after inflation.
Worker filings for jobless claims fell to 364,000 last week, reaching a new pandemic low as layoffs continue to recede.
Economists and business executives now expect supply-chain disruptions and key labor shortages to persist through the end of the year.
The Transportation Security Administration (TSA) on Sunday screened more than 2 million travelers at airports – the highest number since the COVID-19 pandemic began in March 2020.
The number of employees who are back in the office has been inching up since vaccines began rolling out in the U.S. but only 31% of office workers had returned to the workspaces they occupied before the Covid-19 pandemic.
The 2.6 million people who retired since February 2020 was higher during this pandemic recession-recovery than in previous recession-recoveries.
Bank deposits have continued to surge this year. Between late March and May 26, they rose by $411 billion to $17.09 trillion. That is slower than the pace last spring, but still nearly four times the average of the past 20 years.
The Federal Reserve will begin selling off the corporate bonds and exchange-traded funds it amassed last year through an emergency-lending vehicle set up to contain the Covid-19 pandemic’s economic fallout. The Secondary Market Corporate Credit Facility holds $5.21 billion of bonds and $8.56 billion of exchange-traded funds that hold corporate debt.
Corporate trips remain 70% or more below pre-pandemic levels, according to airlines.
One hundred twenty-five years ago, the Dow Jones Industrial Average made its debut. The index of 12 smokestack companies closed that first trading day, May 26, 1896, at 40.94.