Home Depot (HD) Heavy With Option Sellers

Patient investors have kept the share prices for The Home Depot, Inc. (HD) in a defined range ahead of its quarterly earnings announcement. Because of this, option traders are taking advantage of the opportunity to sell option premium. That means they hope to collect profit from selling covered calls anticipating that the stock will not move strongly after earnings. This implies […]

Australia Retail Sales Fall For Second Month

Australia’s retail sales declined for a second straight month in July as some regions went into lockdown following new cases of coronavirus infections, preliminary data showed Friday. Retail sales fell a seasonally adjusted 2.7 percent from June, when they dropped 1.8 percent, the Australian Bureau of Statistics said. Economists had forecast a 2.3 percent slump. […]

AT&T won't charge for data or text overages during hurricane

Louisiana Gov. John Bel Edwards holds briefing as Hurricane Ida gains strength Louisiana Gov. John Bel Edwards gives an update on storm preparations as Hurricane Ida is expected to make landfall as a massive Category 4 storm AT&T will not charge its customers impacted by Hurricane Ida for going over their talk, text, or data […]

Millennials' high-earning years are here, but it doesn't feel that way

Millennials in strong economic situation: ‘How to be a Capitalist without any Capital’ author “How to be a Capitalist without any Capital” author on millennials in the economy The oldest millennials are approaching a new money milestone: their high-earning years. After two recessions and a world-changing pandemic, the arrival of the high-earning years for millennials born in […]

How a Pakistani conman ‘robbed’ Bill Gates of $100 million

Fox Business Flash top headlines for August 20 Check out what’s clicking on FoxBusiness.com. In September 2017, Arif Naqvi was speaking in New York, trying to raise billions for a new fund.  As the head of private equity firm The Abraaj Group, Naqvi was a pioneer in the field of impact investing, which sought to […]

This Is the State the Most People Leave for College

It is not unusual for people to leave their states to get a college education. This can be driven by a number of factors. Some people do not want to live close to their families as they move into early adulthood. Others find a favorite school in another state. Still, others live in states where […]

Philly Fed Index Unexpectedly Indicates Modestly Slower Growth In August

The Federal Reserve Bank of Philadelphia released a report on Thursday showing an unexpected slowdown in the pace of growth in regional manufacturing activity. The Philly Fed said its diffusion index for current activity slipped to 19.4 in August from 21.9 in July. A positive reading still indicates growth, but economists had been expecting the […]

Global warming is too ‘wicked’ to just muddle our way through

It’s probably always true that democracies take too long to accept the need to act decisively to avert foreseeable problems. We never do it well, but always manage to muddle through. We wait until the problem’s reached crisis point. Everyone’s panicking, and thus willing to accept the tough remedies needed. But I fear climate change […]