US Stock Market Highlights: US stocks surged on Friday (May 2) after a stronger-than-expected April jobs report helped calm recession concerns, pushing the S&P 500 to its longest winning streak in over 20 years. The S&P 500 rose 1.47% to close at 5,686.67, marking its ninth consecutive day of gains — the longest such streak since November 2004.
Someone might be really good at one thing and bad at another, while someone else might be the exact opposite. Likewise, you might sometimes lack the most important thing in life that keeps a person going and the other person might be full of it…and that thing is motivation. In this never-ending rat race, we get frustrated and lose all hope every now and then. We feel as though we don’t have anything left to strive for.
Learn to love your coins.
That’s the message from Kevin McColly, CEO of Coinstar, the company behind those coin-cashing machines you see in supermarkets. American consumers made only 16% of their payments in cash in 2023, according to the Federal Reserve. A 2022 Pew survey found that two-fifths of consumers never use cash at all.
On Friday morning, a spokesperson for China's ministry of commerce announced that Beijing was assessing the possibility of tariff negotiations with the United States. It was news the rest of the world had been waiting to hear as astonishingly high tariffs - up to 245% on some Chinese exports to the US - throttle trade between the world's two biggest economies, raising the spectre of a recession.
