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Posts published in “Stocks”

An acclaimed millennial wealth advisor who’s a partner at a $1.6 billion firm shares 4 stocks where investors can benefit from what he says will be the ‘largest increase in dividends in American history’ in 2021

J.R. Gondeck sees the "largest increase in dividends in American history" happening this year. In an interview with Insider, he recommended stocks from the financial and home improvement sectors. He said that he thinks 10-year Treasury yields have peaked in the near-term. See more stories on Insider's business page. If you're a yield-focused investor, you've…

This Is What the Beginning of a Climate-Labor Alliance Looks Like

Tuesday night, the Protecting the Right to Organize Act passed the House by 225–205 votes. If it passes the Senate and becomes law, it will peel back over half a century of anti-union policies, including core provisions of the Taft-Hartley Act of 1947. It would override state-level right-to-work protections—the darlings of the Koch brothers machine—and create…

Trophy Homes and $2.5 Million Tweets: How the Idle Rich Spent Their Pandemic Year

Pity the newly rich, who are struggling with where to put their millions. According to a recent analysis cited by The New York Times, about 7,000 millionaires will emerge from the latest round of Silicon Valley initial public offerings, which includes companies like Airbnb, Snowflake, and Palantir, and they’re not sure how to spend it…

COVID changed the e-commerce landscape. Here’s how CPG players must adapt

Join Transform 2021 for the most important themes in enterprise AI & Data. Learn more. In Ernest Hemingway’s novel “The Sun Also Rises,” there is a famous passage where a main character shares insight into how he went bankrupt: “Two ways. Gradually, then suddenly.” The food and beverage industry’s shift to online was similar —…

CITIC Telecom Announces 2020 Annual Results

HONG KONG, Mar 4, 2021 - (ACN Newswire) - CITIC Telecom International Holdings Limited ("CITIC Telecom" or the "Group"; stock code: 1883), a leading international integrated telecommunications and information and communications technologies services provider in Asia, reported profit attributable to equity shareholders of HK$1,023 million for the year ended 31 December 2020, representing a year-on-year…

The Deficit Hawks That Make Moderate Democrats Cower

This week, the first true headline-grabbing legislative battle of the Biden administration and the Democratic Congress has begun as the $1.9 trillion pandemic relief package takes center stage in the Senate. As with any piece of rock-star legislation, the bill’s movement through the Capitol has been accompanied by backstage maneuvering, bickering, and poor judgment. Senate…