While there are a number of factors that contribute to job satisfaction, there may be nothing more important than compensation. A high salary is important for workers to feel that they are valued at their company and give them the financial stability and flexibility to live comfortably. With inflation soaring, Americans are more keen than ever to boost their earnings. While payment in any job depends on factors like experience, location, and the company itself, there are dozens of jobs in which most workers earn at least $100,000 per year. To determine the jobs with six-figure salaries, 24/7 Wall St. reviewed data from the Bureau of Labor Statistics report National Occupational Employment and Wage Estimates for May 2021. Detailed occupations were ranked on their median annual income. Miscellaneous … [Read More...]
Schedule for Week of August 14, 2022
The key reports this week are July Housing Starts, Existing Home Sales and Retail sales.For manufacturing, the Industrial Production report will be released.—– Monday, Aug 15th —–8:30 AM: The New York Fed Empire State manufacturing survey for August. The consensus is for a reading of 5.5, down from 11.1.10:00 AM: The August NAHB homebuilder survey. The consensus is for a reading of 55, unchanged from 55. Any number above 50 indicates that more builders view sales conditions as good than poor.—– Tuesday, Aug 16th —–8:30 AM ET: Housing Starts for July. This graph shows single and multi-family housing starts since 1968.The consensus is for 1.540 million SAAR, down from 1.559 million SAAR in June.9:15 AM: The Fed will release Industrial Production and Capacity Utilization for July.This graph shows industrial production since 1967.The consensus … [Read More...]
Italy’s Lake Garda shrinks to near-historic low amid drought
SOURCE: Yahoo News – Latest News & Headlines – Read entire story here.
Saturday links: learning new things
EVsEVs are still out of reach for most car buyers. (nytimes.com)Battery raw material costs are on the rise. (ft.com)A nationwide network of chargers is going to be expensive. (axios.com)Where there are still big gaps in EV charging networks. (bloomberg.com)EnergySolar panels allow for crops to be grown underneath. (e360.yale.edu)A potential side effect of electrifying more home appliances. (axios.com)How to cool homes more efficiently. (vox.com)EnvironmentThe Arctic is warming faster than the rest of the planet. (npr.org)New Zealand land use is in upheaval as ‘carbon farming’ takes hold. (nytimes.com)Signs from the Deepwater Horizon disaster are still visible. (gizmodo.com)We are all going to pay for washed away beachfront homes. (nytimes.com)Some Californians are taking wildfire mitigation into their own hands. … [Read More...]
Most Anticipated Movies Coming Out This Fall
The world can be a fearful place, with inflation surging, recession looming, pandemic lingering, tensions in Taiwan rising, and war in Ukraine raging on. At least we have the movies to help us seek shelter from the storm – and looking forward to new ones that are coming out can take our minds off other things. To determine the most anticipated movies coming out this fall, 24/7 Tempo reviewed data on Wikipedia pageviews for movies with scheduled release dates in August, September, October, and November 2022. Upcoming films were ranked based on total Wikipedia pageviews over the period August 3, 2019 to August 2, 2022. Data on the production company, director, and cast came from IMDb, an online movie and TV database owned by Amazon, and from various production announcements. The fall looks … [Read More...]
Schedule for Week of August 7, 2022
The key report this week is July CPI.—– Monday, Aug 8th —–No major economic releases scheduled.—– Tuesday, Aug 9th —–6:00 AM ET: NFIB Small Business Optimism Index for July.12:00 PM: (expected) MBA Q2 National Delinquency Survey—– Wednesday, Aug 10th —–7:00 AM ET: The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.8:30 AM: The Consumer Price Index for July from the BLS. The consensus is for a 0.2% increase in CPI, and a 0.5% increase in core CPI. The consensus is for CPI to be up 8.8% year-over-year and core CPI to be up 6.1% YoY.—– Thursday, Aug 11th —–8:30 AM: The initial weekly unemployment claims report will be released. The consensus is for 263 thousand up from 260 thousand last week.8:30 AM: The Producer … [Read More...]
Saturday links: the rush to normalcy
AutosPlug-in hybrid vehicles aren’t dead yet. (politico.com)A review of the state of the U.S. automobile market. (rationalwalk.com)GM ($GM) is doubling the size of its Super Cruise network. (engadget.com)A look at the return of the GM ($GM) Chevy Bolt EUV. (wsj.com)The Nissan Leaf was a game changer. (theverge.com)EnergyThe NRC to set to certify the NuScale small modular reactor design for use in the U.S. (utilitydive.com)Warming temperatures will make cooling off data centers more difficult. (wired.com)Recyclable wind turbine blades are nearing commercialization. (newatlas.com)Rocket Loans ($RKT) is launching solar panel financing through Rocket Solar. (housingwire.com)Why solar power users actually use more electricity. (wired.com)WaterFalling Western snowpack is part an parcel of the ongoing drought. (bloomberg.com)Why central Appalachia … [Read More...]
Boy at heart of UK court battle dies after life support ends
SOURCE: Yahoo News – Latest News & Headlines – Read entire story here.
Where the Fewest People Rent Their Homes in Every State
For the first time in the nation’s history, median monthly rents in the United States crossed the $2,000 mark. According to a report from real estate listing site Redfin, the median rent on all apartments listed nationwide rose 15% compared to a year ago. For those millions of Americans who do not have the stability afforded to them through homeownership, rising rent will take a serious financial toll. Nationwide, 35.6% of housing units are occupied by renters. In most states, however, there is at least one county where renting is relatively uncommon. To determine the county with the lowest rental rate in every state, 24/7 Wall St. reviewed five-year estimates of the share of housing units that are occupied by renters among counties and county equivalents from … [Read More...]
Schedule for Week of July 31, 2022
The key report this week is the July employment report.Other key reports include ISM manufacturing and services indexes, July vehicle sales, and the Trade deficit for June.—– Monday, Aug 1st —–8:00 AM ET: Corelogic House Price index for June10:00 AM: ISM Manufacturing Index for July. The consensus is for the ISM to be at 52.0, down from 53.0 in June. 10:00 AM: Construction Spending for June. The consensus is for a 0.2% increase in construction spending.2:00 PM: Senior Loan Officer Opinion Survey on Bank Lending Practices for July.—– Tuesday, Aug 2nd —–10:00 AM ET: Job Openings and Labor Turnover Survey for June from the BLS. This graph shows job openings (yellow line), hires (purple), Layoff, Discharges and other (red column), and Quits (light blue column) from the JOLTS. Jobs openings decreased … [Read More...]
Spain: Prosecutors to seek 8-year prison term for Shakira
SOURCE: Yahoo News – Latest News & Headlines – Read entire story here.
Saturday links: restaurant identity
AutosPlug-in hybrids are losing ground to full-on EVs. (bloomberg.com)Vietnam’s VinFast is entering the increasingly competitive global EV market. (time.com)How Formula E is driving battery innovation. (protocol.com)How a Ford ($F) F-150 Lightning powered a rock show. (autoweek.com)TransportAutonomous ships are a no-brainer. (vox.com)The air travel mess has a number of explanations. (slate.com)EnergyFighting climate change is all about normalizing renewable energy. (noahpinion.substack.com)WaterLake Mead’s water levels have sunk to the lowest since 1937. (axios.com)More California municipalities are banning the watering of lawns. (wsj.com)Wildfire evacuation plans are going to need to an upgrade. (theatlantic.com)Italy’s rice crop has dried up. (washingtonpost.com)TravelLaGuardia is undergoing a stunning transformation. (nytimes.com)Why you should choose a car trip over flying. (artofmanliness.com)SpaceThe JWST … [Read More...]
Schedule for Week of July 24, 2022
The key report this week is the advance estimate of Q2 GDP.Other key reports include June New Home Sales, Personal Income and Outlays for June, and Case-Shiller house prices for May.For manufacturing, the July Richmond, Dallas and Kansas City Fed manufacturing surveys will be released.The FOMC meets this week and is expected to raise rates 75 bp.—– Monday, July 25th —–8:30 AM ET: Chicago Fed National Activity Index for June. This is a composite index of other data.10:30 AM: Dallas Fed Survey of Manufacturing Activity for July.—– Tuesday, July 26th —–9:00 AM: S&P/Case-Shiller House Price Index for May.This graph shows the year-over-year change in the seasonally adjusted National Index, Composite 10 and Composite 20 indexes through the most recent report (the Composite 20 … [Read More...]
The Most Famous Duos in TV History
When the chemistry is right, the pairing of two characters in a television comedy or drama can turn the series into a hit. (Pairings can be successful in other areas, too. These are the most iconic musical duos in history.) To create a list of the most famous duos in TV history, 24/7 Tempo researched series in which friendships, partnerships, rivalries, and/or romantic relationships are key on sites including IMDb, an online movie and TV database owned by Amazon; Rotten Tomatoes, an online movie and TV review aggregator; and Uproxx.com. Cast information also came from IMDb. TV’s famous duos can be relatives, friends, neighbors, co-workers, even enemies whose relationships evolve into something else. They are often found in comedies. That has been true from … [Read More...]
Friday links: blaming the Fed
MarketsBarry Ritholtz, “Earnings are what they are, the profits of corporate America. By definition, they cannot be wrong – only better or worse than expected.” (ritholtz.com)Why grifters use technological change to take advantage of investors. (novelinvestor.com)Markets are driven by feedback loops. (mrzepczynski.blogspot.com)CompaniesSnap ($SNAP) results are sign of slowing social media revenue growth. (variety.com)Amazon ($AMZN) Prime Day is big for ads as well. (theinformation.com)EVsAmazon ($AMZN) is now deploying Rivian-built ($RIVN) vans. (axios.com)Warehouse operators are building out vehicle charging capabilities. (wsj.com)USPS is upping the number of EVs on order. (theverge.com)GlobalAn agreement has been reached to allow the flow of grain from Ukraine via the Black Sea. (nytimes.com)On the state of the Russian economy. (econbrowser.com)Earlier on Abnormal … [Read More...]
Baltimore prosecutor Marilyn Mosby defeated in primary
SOURCE: Yahoo News – Latest News & Headlines – Read entire story here.
Could Corporate Profits Hold Up Better This Cycle?
If the pandemic has taught us anything I think it is that this economic cycle is unlike any others we can point to in history given the uniqueness of how the entire globe has had to react to Covid-19. The investment community tends to try and predict current trajectories with those of prior cycles, and I am no different. In fact, in my latest quarterly letter to clients I pointed out that during the last four recessions S&P companies saw profits fall between 20% and 40% peak to trough. Coupled with near-certain multiple compression, it is easy to see how and why stock prices get walloped during recessionary periods, even if the drops are relatively short-lived in the grand scheme of things.So here … [Read More...]
Schedule for Week of July 17, 2022
The key reports this week are June Housing Starts and Existing Home Sales.—– Monday, July 18th —–10:00 AM: The July NAHB homebuilder survey. The consensus is for a reading of 66, down from 67. Any number above 50 indicates that more builders view sales conditions as good than poor.—– Tuesday, July 19th —–8:30 AM ET: Housing Starts for June. This graph shows single and total housing starts since 1968.The consensus is for 1.586 million SAAR, up from 1.549 million SAAR in May.—– Wednesday, July 20th —–7:00 AM ET: The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.10:00 AM: Existing Home Sales for June from the National Association of Realtors (NAR). The consensus is for 5.40 million SAAR, down from 5.41 million last month.The graph shows existing home sales from 1994 through … [Read More...]
The Most Famous Firsts in World History
Unless you’re a track and field aficionado, you’ve probably never heard of John Landy. In 1954, the Australian runner set the world record for running the mile, with a time of 3:57. He was the second person to run a sub-four-minute mile, though, so few remember him – while millions know the name of England’s Roger Bannister, who ran the mile six weeks earlier at the slightly slower time of 3:59.4, because Bannister broke the record first. All through human history, people have endeavored at being the first at something. While some monetary compensation might be an incentive, immortality is just as big a motivator. To determine some of the most famous firsts in history, 24/7 Tempo drew on resources such as Biography Online, History, Oldest.Org, Science Struck, … [Read More...]
Saturday links: lost progress
AutosOn the state of Apple’s ($AAPL) push into self-driving cars. (theinformation.com)GM ($GM) is teaming up with Pilot to build a nationwide charging network. (engadget.com)Some gas stations and convience stores are embracing EV chargers. (bloomberg.com)Car repos are on the rise. (barrons.com)TransportWalmart ($WMT) has a definitive agreement to buy 4,500 electric delivery vehicles from Canoo. (axios.com)The end of the pandemic has not stopped the flow of packages into New York City. (technologyreview.com)Private aviation still relies on leaded gasoline. (wsj.com)EnvironmentAlaska is facing an unprecedented fire season. (grid.news)Cheatgrass in the intermountain West is doing us no favors when it comes fo fire. (insideclimatenews.org)Canada and the U.S. have different laws when it comes to cruise ship discharges. (theguardian.com)Officials have gotten better … [Read More...]
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