Category: Market

Household net worth climbs to $136.9 trillion, thanks to big stock market gains

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U.S. dollars are counted by a at a bank in Westminster, Colorado.

Rick Wilking | Reuters

The net worth of U.S. households climbed to new heights as 2021 began and the effects of the Covid-19 pandemic began to fade.

Thanks largely to a surge in the stock market, the total balance sheet for households and nonprofits rose to $136.9 trillion in the first quarter, a 3.8% gain from the end of 2020, according to Federal Reserve data released Thursday

Of that total, $3.2 trillion came from equity holdings, while $1 trillion was due to the continued escalation in real

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Stock Market News for May 15, 2020

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U.S. stocks ended higher on Thursday as bank and energy stocks pushed the major indexes up after a rather volatile trading session. Stocks ended a two-day losing streak to step into positive territory. Investors worried over U.S.-China trade relations and the lingering economic weakness because of the lockdown, both of which affected the markets during the trading session. However, the march higher by bank stocks propped the broader markets at the end of the day.

The three major indices — the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite — closed in the green on Thursday. The Dow Jones

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Dow climbs 280 points amid renewed pandemic-recovery optimism

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Traders work on the floor of the New York Stock Exchange shortly after the opening bell in New York, U.S., March 17, 2020.

Lucas Jackson/Reuters

US stocks started June higher, with the Dow Jones surging nearly 300 points ahead of economic data that is expected to show a continued economic recovery from the pandemic.

ISM Manufacturing data for the month of May is expected to come in slightly above April’s reading of 60.7 at 61, according to analyst estimates.

The move higher in stocks will put the S&P 500 and Dow Jones within striking distance of record highs, as both

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News in the U.S. – statistics & facts

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News consumption in the U.S.

For years, digital news has impacted the print sector, and a growing reliance on social media as well as online news websites is accelerating digital growth whilst print continues to flounder. Book store and news dealer sales have plummeted over the past decade, and newspaper publisher revenues have followed a similar trend. Although newspaper brands are some of the oldest and most well-established sources of information in the U.S., many struggled to adapt quickly enough to keep their consumers in this new digital age.

The issue of trust

As the preferred mediums through which people

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