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Sensex Down Over 1100 Points; Nifty Dips Below 11300 | Nasdaq
(RTTNews) - Indian shares were deep in the red on Friday, mirroring steep losses across global markets on fears the coronavirus would become a pandemic and derail economic growth.
The benchmark S&P BSE Sensex plunged as much as 1,164 points, or 2.93 percent, to 38,581 in early trade, while the broader NSE Nifty index was down 348 points, or nearly 3 percent, at 11,285.
Metal and auto companies were among the worst hit, with Hindalco, JSW Steel, Vedanta, Tata Steel and Tata Motors losing 6-8 percent.
45Q, the tax credit that's luring US companies to capture CO 2
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This year, the US presidential candidates are debating a number of policies designed to combat climate change by cutting down on carbon dioxide. Ideas in the mix include passing a giant Green New Deal, establishing carbon cap-and-trade schemes, instituting a carbon tax, and planting a lot of trees.
Our new, prosperous economic normal – Orange County Register
The difference between economic conditions now and a few years ago is stark. Since the 2016 election, the unemployment rate has dropped to a five decade low. Year-over-year monthly wage growth consistently surpasses three percent with blue-collar earnings rising faster than those of their managers. And the tight job market is encouraging more Americans to enter the labor force.
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According to Gallup, nearly two-thirds say they are better off now than three years ago. Among election cycles with an incumbent president on the ticket, the indicator has hit a three-decade peak. Optimism for the future is also strong. 74 percent of Americans believe their personal finances will continue improving in 2020—a record high.
Other things to check out:
Is Dynex Capital (DX) Stock Undervalued Right Now? | Nasdaq
Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.
Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use a variety of methods, including tried-and-true valuation metrics, to find these stocks.
Op-Ed By Councilman Chaim Deutsch: Are Plastic Bags The New Bail Reform? - The Yeshiva World
Your grocery shopping experience is about to get a lot more expensive, thanks to onerous new regulations imposed by New York State lawmakers.
Particularly for large families, a typical grocery visit can cost hundreds of dollars. These costs are only growing to grow, as the "plastic bag ban"/"paper bag tax" takes effect on March 1st.
Aside from a few minor exceptions, all plastic single-use carryout bags will be banned. (Notable exemptions: restaurant bags, pre-packaged bags {like trash bags}, and produce bags.) Paper bags will be offered as a disposable option, but each bag will cost the consumer at least five cents, with larger sizes costing as much as twenty cents – meaning that families will see their grocery charges rising.
Quanta Services Reports 2019 Fourth Quarter And Annual Results
HOUSTON , Feb. 27, 2020 /PRNewswire/ -- Quanta Services, Inc. (NYSE: PWR ) today announced results for the three and twelve months ended December 31, 2019.
"Quanta's strong fourth quarter results complete the fourth consecutive year of revenue growth and record adjusted diluted earnings per share and backlog for the company. We finished 2019 on a high note and are pleased with our performance," said Duke Austin , President and Chief Executive Officer of Quanta Services. "More importantly, we believe our strategic position in the marketplace remains strong and we are well positioned for continued profitable growth in the coming years.
Lawmakers aim to add taxes, regulations to deter youth vaping - Georgia Recorder
One proposed state law aims to slap a new tax on vaping products and license sellers who deal in the products.
Another would stiffen the criminal penalties when adults distribute e-cigarettes or vaping products to anyone under 21. And these state laws follow a temporary federal ban on flavored vaping products earlier this month as the use of the nicotine delivery systems among high school and middle school students exploded the past two years.
Rep. Bonnie Rich, a Suwanee Republican, filed House Bill 864 on Thursday that aims to impose a 7% excise tax on vaping products as well as set a $250 licensing fee for businesses that sell them. Meanwhile, state Sen. Renee Unterman, a Buford Republican, is pressing legislation to stiffen the penalties for adults who provide minors with tobacco and vaping products and electronic cigarettes.
Happening on Twitter
Dow set to drop 400+ points at the open as worst week since the financial crisis continues; 10-year Treasury yield… https://t.co/KOaQkLAHoA CNBCnow Thu Feb 27 13:25:31 +0000 2020
For four years, Caligula drained Rome's treasury and mocked the Senate—until those sworn to protect him plotted his… https://t.co/BbIOXyCHGa NatGeo (from Global) Thu Feb 27 14:58:51 +0000 2020
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