The dream of owning a home has become increasingly out of reach for renters, as highlighted in a recent survey released by the New York Federal Reserve. The survey found that the percentage of renters who believe they will one day be able to afford a home has reached a record low of 13.4% as
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Former Starbucks CEO Howard Schultz recently shared his thoughts on the company’s latest quarterly report, emphasizing the importance of focusing on enhancing U.S. stores. Despite no longer holding a formal role at Starbucks, Schultz highlighted the need for improvements in areas such as mobile order and pay experience, as well as the creation of premium
Baird’s upgrade of Micron Technology to outperform and naming it a top semiconductor pick reflects analyst Tristan Gerra’s optimism for the stock. The firm increased its price target to $150 per share, indicating a potential 31% upside from the previous day’s close. While the firm acknowledges being late to the Micron Technology bandwagon, they still
The recent weakening of most Asian currencies can be attributed to the stability of the dollar following a tumble on Friday due to weaker-than-expected payrolls data. This led to increased speculation in the market about potential interest rate cuts by the Federal Reserve. The Japanese yen, in particular, experienced a significant decline after government intervention
The data center boom in the United States is expected to significantly increase natural gas demand, leading to billions of dollars in infrastructure investments. According to Goldman Sachs, surging electricity consumption from data centers could drive a 10% increase in natural gas demand by 2030. This surge in demand is seen as a positive development
The recent Beijing auto show highlighted the intense competition in China’s car market, with analysts pinpointing a few potential winners amidst a crowded field. The sheer number of people and car launches at the event indicated a shift in consumer preferences and market dynamics. Despite the overwhelming presence of visitors, including live-streamers and overseas dealers,
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In the world of dividend stocks, Chord Energy (CHRD) stands out as a notable player in the oil and gas industry. With a base-plus-variable cash dividend of $3.25 per share, Chord has caught the attention of Wall Street experts, including Siebert Williams Shank analyst Gabriele Sorbara. Sorbara’s buy rating and $262 price target on CHRD