Errors That Could Tank Your Credit Score
Maintaining a good credit score is a crucial task for most individuals, especially in a volatile economy. However, careless actions can severely harm your credit. Experts assert that certain mistakes can even destroy your chances of obtaining a loan or mortgage.
Continue readingConsumer Reports Names Most Reliable Car Brands of 2024
According to a recent study conducted by Consumer Reports, several automotive brands stand out in terms of reliability. Known for its independent testing and extensive consumer feedback database, Consumer Reports publishes an annual ranking of the most reliable manufacturers. In 2024, several longstanding players in the automotive industry and some new contenders have been able to earn consumer trust.
Continue readingUS Job Market Overview: November 2024 Employment Report
The latest employment report for November 2024, released by the U.S. Bureau of Labor Statistics, indicates that the country's economy is showing strong growth. In the past month, 230,000 new jobs were created, significantly exceeding analysts' expectations of a 200,000 increase. This signals that the job market is still recovering from the pandemic downturn and supports confidence in future economic growth.
Continue readingU.S. Economy Grows 2.8% in Third Quarter, Slower Than Expected
Recent official data from the United States shows that the economy grew at a rate of 2.8% in the third quarter of 2023. However, this figure falls short of economists' expectations, who anticipated a faster growth rate. These figures were published in a report by the Department of Commerce, raising concerns among analysts as the anticipated growth was significantly higher.
Continue readingUS Job Growth: Analysis of October 2024 Employment Report
According to the employment report for October 2024 released by the U.S. Department of Labor, the country added 263,000 new jobs, significantly exceeding expert forecasts. The unemployment rate remained steady at 3.8%, confirming the ongoing growth of the labor market amidst global uncertainties.
Continue readingGoogle Parent Company Announces Historic First Dividend, Surpassing Sales and Profit Expectations
For the first time in its history, Google's parent company, Alphabet Inc., has declared a dividend. This significant event came as the company reported record sales and profit figures for the last quarter. The financial report showed that Alphabet's revenue increased by 11% compared to the previous year, totaling $76 billion. The company's net profit was equally impressive, reaching $17 billion, which is a 17% rise from the same period last year.
Continue readingChinese Solar Companies at Risk Due to US Manufacturers in China
According to a new report, American solar panel manufacturers have established bases in China, jeopardizing the growth of local Chinese producers. This situation has raised concerns among observers and experts in the solar energy sector, who are worried that such actions may weaken the positions of Chinese firms in the world's largest alternative energy market.
Continue readingDisappointing US Employment Report Puts Pressure on Semiconductor Stocks
Recent employment data in the U.S. has raised significant concerns in the stock market, particularly among companies operating in the semiconductor sector. According to a report released in early September, job creation for August was significantly lower than economists' expectations, leading to speculation about an economic slowdown.
Continue readingOracle Surpasses Profit Expectations Amid Cloud Expansion
Oracle Corporation has released its financial results for the last quarter, and according to the report, their profit exceeded analyst expectations. The main driver of success was significant growth in their cloud business, which continues to gain popularity among enterprises. In light of this growth, the company's stock rose on the stock market.
Continue readingStrong Labor Market: US Employment Report for August 2024
According to the latest employment report released by the US Department of Labor, the economic situation in the country remains stable. In August 2024, the number of jobs in the non-farm sector increased by 300,000, significantly exceeding analysts' expectations. This indicates that the labor market is showing signs of strength amidst economic challenges.
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