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Monthly Archives: July 2019

These stocks have led the S&P 500’s five-year run to 3,000 from 2,000

Traders work on the floor at the New York Stock Exchange. Brendan McDermid | Reuters The stock market’s record-long bull run just capped another milestone Wednesday — the S&P 500 jumped above 3,000 for the first time, nearly five years after the index hit 2,000. These are the stocks that …

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These are America’s worst states for business in 2019

American Electric Power’s coal-fired John E. Amos Power Plant in Winfield, West Virginia. Luke Sharrett | Bloomberg | Getty Images A state has to have a vibrant business climate in order to win big economic development projects like Amazon’s $5 billion HQ2 or Foxconn’s $10 billion electronics manufacturing complex. Companies …

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Half of Americans live in states soon to offer sports gambling

Fans celebrate after making bets through FanDuel Sportsbook during Super Bowl LIII in East Rutherford, New Jersey, on Feb. 3, 2019. Eduardo Munoz | Reuters On June 14, 2018, New Jersey Gov. Phil Murphy made the first-ever legal sports bets in the state’s history, plunking down 20 bucks each on …

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With big shows leaving service, Netflix will have to do better than comedy specials, analyst says

Jennifer Aniston and Adam Sandler star in Netflix’s “Murder Mystery,” a comedy film about a New York cop and his wife who go on a European vacation to reinvigorate the spark in their marriage, but end up getting framed and on the run for the death of an elderly billionaire. …

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30 years of market history says tech stocks will end 2019 much higher

Apple came under pressure earlier this week, and as the second-biggest stock by weight in the S&P 500, that weighed on U.S. equities. Apple is one of five “big tech” companies among the S&P 500’s top 10 holdings: Microsoft (No. 1); Amazon (No. 3); Facebook (No. 4); and Alphabet are …

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Why Pennsylvania is giving $100 to every baby born in the state

Pennsylvania state capitol building John Greim/LightRocket | Getty Images It is not an easy time to be the treasurer of Pennsylvania. Joseph Torsella, a Democrat elected treasurer in 2016, has to cope with a simple fact of life: age. His politically important swing state has the sixth largest economy in …

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How Ohio is coping with high opioid overdose rate slamming its economy

Spencer Platt | Getty Images Montgomery County, in southwest Ohio, is ground zero for the opioid crisis. The region has one of the highest overdose death rates in the country — mostly due to the illicit use of these narcotics. This statewide plague has rocked communities as prison populations for …

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Four stocks are putting up a fight against Amazon in retail

Shoppers walking into a Lululemon store Scott Mlyn | CNBC Amazon, the most dominant name in shopping and retail, is facing increasing competition from a new breed of niche players in the industry, CNBC’s Jim Cramer said Tuesday. While names like Costco, Target and Walmart have their own grip on …

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Here’s how Ross Perot stacked up against other third-party candidates

Independent presidential candidate Ross Perot holds up a copy of the famous Chicago Daily Tribune front page declaring Thomas Dewey the winner over Harry Truman in the 1948 presidential election 01 November 1992 during a rally in California. Mike Nelson | AFP | Getty Images Ross Perot influenced American presidential …

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Netflix’s ‘Stranger Things’ gaffe — no red M&Ms in 1985

“Stranger Things” season three picks up in the summer of 1985. The Hawkins crew are on the cusp of adulthood and faced with enemies old and new. Netflix Netflix’s hit science fiction show “Stranger Things” has captivated audiences with its spooky plot, lovable characters and, of course, its nostalgic nods to …

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