Category: Decade
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Gen Z protests slow KRA collections to a decade low
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Tax collections in July posted their slowest growth in more than a decade, excluding the Covid-19 pandemic, reflecting the effects of business disruptions in the wake of deadly Gen Z protests as the Treasury Department increased its reliance on costly overdrafts. Data released by Treasury Secretary John Mbadi showed that…
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Luca Maestri to step down as Apple CFO after a decade of huge growth at the iPhone giant
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Apple’s longtime CFO Luca Maestri will step down at the end of the year, handing the role to his senior vice president Kevan Barrick after more than a decade. Parikh, 52, will take over as CFO on Jan. 1, in what Apple called a “planned succession.” The company said Monday…
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2 Tech Stocks You Can Buy and Hold for the Next Decade
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It’s been another great year for the stock market. As of this writing, the benchmark index, Standard & Poor’s 500It rose by about 18%. However, if you know where to look, there are better opportunities to buy and hold for the long term. Let’s take a look at two tech…
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The largest salmonella outbreak tied to raw milk in a decade has sickened people in four states, and 40% of the victims are children
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Dozens of salmonella illnesses have been linked to raw milk from a California farm, an outbreak much broader than previously known, according to newly released government records. As of February, at least 165 people have been sickened by salmonella infections linked to products from Raw’s Fresno, California-based farm, according to…
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Stock market outlook: S&P 500 could soar to 15,000 by end of decade
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Tom Lee, co-founder of Fundstrat Global Advisors, was among the few voices on Wall Street last year who predicted a stock market rally while most of his peers saw a decline amid widespread expectations of a recession. But he – and the American economy – proved that the pessimists were…
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Goldman sees slower but still robust Permian Basin growth this decade (NYSEARCA:XLE)
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Slavko Sereda/iStock via Getty Images Crude oil futures fell on Friday but ended the week higher, supported by signs of strong US demand and a growing perception of risks from a broader conflict in the Middle East that could jeopardize oil flows from the region. Exchanges Flames are rising between…
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Chinese House Prices Plunge at Fastest Rate in a Decade
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Chinese property prices fell last month at their fastest rate in a decade, raising concerns about the stability of the world’s second-largest economy. According to the National Bureau of Statistics, new home prices fell by 0.7% month-on-month in May, the largest monthly decline since October 2014. The decline marks the…
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3 Cybersecurity Stocks You Can Buy and Hold for the Next Decade
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Cybersecurity will be a vital part of the digital economy moving forward. Businesses are financially incentivized to use the best security tools to protect their data and systems. Did you know that an average hack can cost a company approximately $4.5 million? This is according to an annual study it…
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Stocks are ‘going nowhere’ for the next decade as inflation sticks around and US debt balloons, CIO says
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Bonhill/Getty Images Investment vet Bill Smead said the stock market will see poor returns over the next 10 to 15 years. The head of IT at Smead Capital warned that inflation is likely to persist in the long term. This could lead to a situation similar to what happened in…
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Stocks are ‘going nowhere’ for the next decade as inflation sticks around and US debt balloons, CIO says
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Bonhill/Getty Images Investment vet Bill Smead said the stock market will see poor returns over the next 10 to 15 years. The head of IT at Smead Capital warned that inflation is likely to persist in the long term. This could lead to a situation similar to what happened in…