People who can do their jobs remotely fled U.S. cities during the pandemic, and the low-skill workers who were left behind bore the brunt of the economic fallout — but that trend came with a silver lining. Those are the findings of a recent working paper on “The Geography of Remote Work” circulated by the
Daily Trade
Earlier this year, investors piled into economic reopening and travel stock names. This made sense. The media was playing up the “Roaring 20s” narrative as it was hoped that rapid vaccination rates and a surging economy would lead to a summer of vacations, partying, and pent-up enthusiasm. Ashford Hospitality Trust (NYSE:AHT) stock was one such
Corn futures turned higher Friday, finding support a day after settling at the lowest since January, as USDA lifted its U.S. production forecast, but also raised demand expectations for the commodity. In its monthly World Agricultural Supply and Demand Estimates report, the USDA raised its outlook on 2021/2022 U.S. corn production by 246 million bushels
In a time when the streaming wars are running full-throttle, you might assume that entertainment content provider Eros STX Global (NYSE:ESGC) should be a darling of the markets. Yet, the price performance of ESGC stock hasn’t been stellar this year. Source: Shutterstock.com Just to provide some background, Eros STX Global specializes in delivering “star-driven premium content
Michael Lomonaco escaped with his life on Sept. 11, 2001 all because of a detour on his way to work and a pair of busted reading glasses. On that day, the New York City chef was headed to his job as culinary director of Windows on the World, the famed dining space at the World
In late August, electric vehicle startup Rivian filed confidential initial public offering paperwork. Since news of the Rivian IPO broke, Tesla (NASDAQ:TSLA) CEO Elon Musk has given TSLA stock investors some warnings that he is majorly concerned about Rivian. Source: Ivan Marc / Shutterstock.com For years, TSLA stock bears have warned that a wave of
The pitcher responsible for the first (and only) no-hitter in the history of the New York Mets is longing for a hit with the sale of his southwest Florida home. The former All-Star Johan Santana commissioned this glorious mansion in Miromar Lakes, FL, in 2009, while he was starring for the Mets. Now, the 9,121-square-foot home on about a half-acre of
Virgin Galactic (NYSE:SPCE) is not that much of a bargain even though it faltered slightly last month. SPCE stock recently peaked at a close of $55.91 on Jun. 25. However, it soon tumbled to as low as $24.25 on Aug. 19. In fact, as of Sept. 7, it only closed somewhat higher at $24.61. I would
Dear Quentin, This past year has brought a ton of changes to my personal life. Most notably, the love of my life has agreed to marry me. Amazing! Shortly thereafter, we found out that she was pregnant. I am over the moon and cannot wait to start my family! This will be the first child
Zomedica Corp (NYSEAMERICAN:ZOM) is one of the big meme stocks of 2021. Retail investors chatting up ZOM stock on Reddit’s r/WallStreetBets forum have been a big part of this stock’s story, which includes an over 1,000% run in the first six weeks of the year. That’s enough to send many serious investors scurrying. However, this
Since 1894, Labor Day has been held the first Monday of September to honor American workers and celebrate the importance of workers’ rights. Given what workers across many industries have dealt with during the pandemic, this year seems more precious than ever to pause and celebrate the ways that people and businesses have pivoted their
On the front-facing side of things, you might not find a better no-brainer (albeit highly speculative) narrative than Zomedica (NYSEAMERICAN:ZOM), the veterinary care specialist focusing on diagnostics platforms. Previously driven by intense meme pressure, ZOM stock found itself providing blistering returns before it all went sour. Source: Postmodern Studio / Shutterstock.com Unlike other meme trades
COVID-19 is not the biggest threat facing humanity. Global warming packs the “greatest threat” to public health, argues an unprecedented joint statement out Tuesday from more than 200 U.S. and international medical journals. The medically-trained editorial staffs of such leading publications as The Lancet and The New England Journal of Medicine and others insist that global leaders must
Social media can be a beautiful thing, providing a platform for everyday individuals to express their opinions on a range of subjects. At the same time, a more dubious element to online communities exists. One phenomenon that has caused serious divisions among those on Wall Street is the rise of meme stocks. Driven by platforms
This article is reprinted by permission from The Escape Home, a newsletter for second homeowners and those who want to be. Subscribe here. © 2021. All rights reserved. Open houses used to be the main way that realtors sold properties. Now, realtors can do without. This year, 10% of buyers purchased homes without physically seeing
More than seven months after it made Wall Street history, GameStop (NYSE:GME) stock still manages to punch above its weight. That is, it’s still trading at a price leaps and bounds above the underlying value of its video game retailing business. Source: TY Lim / Shutterstock.com Sure, there’s the potential for its e-commerce transformation, spearheaded
It was the worst kind of paper jam. A 79-year-old toner salesman was sentenced to four years in prison for running a decades-long, multi-million dollar scam that caused tens of thousands of small businesses and charities to pay hugely inflated prices for printer cartridges. Gilbert Michaels, of West Los Angeles, was accused of utilizing boiler
Happy Labor Day, everyone! Today is all about recognizing and celebrating the workers who help make America so great – it’s about celebrating their contributions, sacrifices, and efforts. So, please, do that today. Yes, enjoy the beach. Enjoy the pool. Enjoy the last big hooray on the summer. But in the middle of all of
Belarus Jails One of Its Last Leading Dissidents for 11 Years A Minsk court found Maria Kalesnikava guilty of conspiring to seize power, creating an extremist group, and calling for actions that could damage national security, effectively silencing the last main opposition voice stil… Sep. 6, 2021 at 10:57 a.m. ET by Ann M. Simmons
It’s been a little more than three weeks since Zomedica (NYSEAMERICAN:ZOM) reported its Q2 results. Despite reasonably healthy sales, ZOM stock gained just 14% from Aug. 11 through the end of the month. Source: Postmodern Studio / Shutterstock.com Another InvestorPlace columnist, Ian Bezek, recently argued that Zomedica needs to raise its revenues considerably before investors