FILE PHOTO: TikTok app logo is seen in this illustration taken, August 22, 2022. Dado Ruvic | ReutersA New Hampshire judge this week rejected TikTok’s attempt to dismiss a case accusing it of using manipulative design features aimed at children and teens.”The Court’s decision is an important step toward holding TikTok accountable for unlawful practices that put children at risk,” said Attorney General John Formella in a statement Friday.The ruling from Judge John Kissinger Jr. of New Hampshire Superior Court on Tuesday ruled that the allegations were valid and specific enough to proceed, writing the claims are “based on the App’s…
Author: usaeverydaylife
Dividend stocks can be a good way to earn income, but investors shouldn’t sacrifice quality when searching for yield. UBS has compiled a list of stocks, using quantitative models and fundamental analysis, that not only pay dividends but are also high quality. Those names make up its UBS Global Quality Dividend Payers Index. The firm recently forecasted 7.2% dividend growth over the next 12 months in the United States, the largest increase in its global coverage. The probability of a dividend cut in the U.S. is 4.5%, making it the safest region for dividends, analyst Amanda Belcaid said in a…
A view shows a bronze seal beside a door at the U.S. Treasury building in Washington, U.S., January 20, 2023. Kevin Lamarque | ReutersThe U.S. government posted a surplus in June as tariff receipts gave an extra bump to a sharp increase in receipts, the Treasury Department said Friday.With government red ink swelling throughout the year, last month saw a surplus of just over $27 billion, following a $316 billion deficit in May.That brought the fiscal year-to-date deficit down to $1.34 trillion, a 1% decline from the same period a year ago. In June 2024, the deficit totaled $71 billion. There…
Retail investors’ fingerprints are all over the stock-market rally since the tariff-triggered lows in April with high-flying meme stocks emerging as top performers. Goldman Sachs’ retail favorite basket, consisting of U.S. equities most popular among the retail community based on flows, hit an all-time high on Wednesday, overtaking the previous peak from the infamous GameStop trading mania of spring 2021. “Institutions have been the emotional ones, while retail investors have consistently added,” Mark Hackett, chief market strategist at Nationwide, told CNBC. “This has become something of a self-fulfilling prophesy, as the more that buying of dips has worked engrains the…
The median household income in the U.S. in 2025 is just over $80,000.That might price you out of a three-bedroom home in some larger markets, but there are still many places where that salary is enough to become a homeowner.How much home you can afford on $80,000 a year, though, depends on your location, down payment, property taxes and other factors.Start with the 30% ruleAccording to the U.S. Department of Housing and Urban Development, you shouldn’t spend more than 30% of your gross monthly income on housing expenses.If your pay is $80,000 a year, that works out to $2,000 or less…
Check out the companies making the biggest moves midday: Penn Entertainment – The gaming stock dropped more than 5% following the release of weak regional gaming revenue data. On Friday, Iowa and Indiana both reported year-over-year declines in statewide gaming revenues. For Penn Entertainment revenues specifically, Iowa saw a 14% slide compared to last year, while Indiana saw a 3.7% pullback year over year. MP Materials – Shares of the rare earth miner are up about 0.9%, adding to huge gains from the previous session after the Pentagon took a direct equity stake in the company. The Defense Department has…
Here are Friday’s biggest calls on Wall Street: Citi reiterates Apple as buy Citi said it sees some uncertainty for Apple but that it’s sticking with its buy rating. “While we acknowledge upside from the pulled forward demand in the Jun-Q driven by tariffs pause and aggressive promotions in China, we remain cautious on the full year iPhone demand given AI delay and pending Section 232 decisions.” Morgan Stanley reiterates Amazon as buy The firm raised its price target on Amazon to $300 per share from $250 and said it sees a “more manageable tariff and geopolitical backdrop.” “Today, we…
Super regional banks could be an overlooked way for investors to get in on the rally among bank stocks, according to HSBC. Shares of the larger shops on Wall Street like Goldman Sachs , JPMorgan Chase , Wells Fargo and Citigroup have all outperformed the S & P 500 so far in 2025, and over the past 12 months. A combination of hope for looser regulations as well expectations for a rise in dealmaking during President Donald Trump’s second term have been key catalysts for the sector . Shares of JPMorgan Chase have climbed more than 18% in 2025, while…
Nvidia (NVDA) has become the first $4 trillion company ever. During the “Liberation Day” April lows, the chip darling nearly tucked under $2 trillion in market cap when the stock acutely sold off to a low intraday print of $86.62. The leading AI stock has been on a parabolic move jumping nearly 70% higher and I believe it is now time to book profits for those who own this wild child. I realize that there is potentially more room to run on this tech favorite, but I want to use options to take some money off the table. Nvidia is…
Tom Lee, managing partner and head of research at Fundstrat Global Advisors, speaking on CNBC’s “The Exchange” on Oct. 31, 2023.Adam Jeffery | CNBCTom Lee’s Fundstrat Capital rose to prominence with timely macroeconomic calls on the market, and now his new ETF is flexing the firm’s stock picking prowess.The Fundstrat Granny Shots US Large Cap ETF (GRNY) is quickly emerging as one of the most popular and successful active stock funds of the year. The fund hit $1.5 billion in assets under management just eight months after its launch last November, rapidly growing in an industry where some funds take…
