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Amazon, NOAA impacting growth at Lakeland Linder Airport

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These US Cities Have the Highest Populations of Millionaires [Video]

These US Cities Have the Highest Populations of Millionaires

These US Cities, Have the Highest Populations of, Millionaires. According to a report by Henley & Partners, the United States remains the top country in the world for private wealth creation and accumulation. Quartz reports that the U.S. accounts for about 32% of global liquid investable wealth, valued at approximately $67 trillion. Here are some of the cities with the largest populations of millionaires, according to the report. Austin, This Texas city had the biggest explosion in millionaire growth in the U.S. over the past ten years, reaching 32,700 by the end of 2023. . Miami, This Florida city is home to 35,300 millionaires and 15 billionaires, including Amazon CEO Jeff Bezos. Boston, While having just eight billionaires, the fewest of any other city on the list, this New England city is home to , 42,900 millionaires. Seattle, This Washington State city is the home of some of the largest corporations in the U.S., including Amazon and Microsoft. It's also home to 54,200 millionaires and 11 billionaires. . Chicago, Approximately 120,500 millionaires live in this Midwestern metropolis. . Los Angeles, The second-most populous city in the U.S. has about, 212,100 millionaires and 43 billionaires. San Francisco, The tech hub of the U.S. boasts the most billionaires with a whopping 68, as well as the second-most millionaires with 305,700. . New York, The city with the most high net worth individuals has about , 349,500 millionaires and 60 billionaires

Credit: Wibbitz Top Stories    Duration: 01:31Published
Data Shows US Wages Falling at a 'Striking' Pace [Video]

Data Shows US Wages Falling at a 'Striking' Pace

Data Shows , US Wages Falling , at a 'Striking' Pace. Fox News reports that wage growth in the United States has slowed significantly over the past year. . According to new data from Indeed, wage growth is beginning to near pre-pandemic levels. . Indeed's wage tracker showed that salaries have had a marked drop since January 2022, suggesting that employers are seeing less competition for new hires. The pace of deceleration is striking. Posted wage growth has fallen by almost 3 percentage points over the past year, Nick Bunker, Indeed labor economist, via Fox News. Fox News reports that the most pronounced deceleration was found in low-wage sectors. . Given the huge run-up in posted wages for those sectors, wage growth is still above its pre-pandemic pace. How long this will last is uncertain, Nick Bunker, Indeed labor economist, via Fox News. After remaining historically tight throughout the last year, the labor market is expected to continue slowing in the coming months amid elevated interest rates. Since March of 2022, the Federal Reserve has increased interest rates 11 times in an attempt to slow down inflation and cool the labor market. Since March of 2022, the Federal Reserve has increased interest rates 11 times in an attempt to slow down inflation and cool the labor market. In 2024, there have already been a number of significant layoffs, with major companies like Alphabet, Amazon and Citigroup cutting jobs. . In 2024, there have already been a number of significant layoffs, with major companies like Alphabet, Amazon and Citigroup cutting jobs. . In 2024, there have already been a number of significant layoffs, with major companies like Alphabet, Amazon and Citigroup cutting jobs. . Despite this, job growth has remained resilient, with employers adding 275,000 jobs in February. . At the same time, Labor Department data shows that the unemployment rate for the month also rose to 3.9%.

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Jeff Bezos takes over Elon Musk as World's Richest Person | Bloomberg Billionaire Index | Oneindia [Video]

Jeff Bezos takes over Elon Musk as World's Richest Person | Bloomberg Billionaire Index | Oneindia

In a stunning turn of events, Tesla CEO Elon Musk has been dethroned as the world's richest person, with Amazon founder Jeff Bezos reclaiming the top spot. Join us as we delve into this dramatic shift in the billionaire rankings. #ElonMusk #WorldsRichestPerson #JeffBezos #BloombergReport #BloombaergBillionaireIndex #ElonMuskvsJeffBezos #FinancialNews ~HT.99~PR.274~

Credit: Oneindia    Duration: 01:29Published
Jeff Bezos Sells $4 Billion of Amazon Stock [Video]

Jeff Bezos Sells $4 Billion of Amazon Stock

Jeff Bezos Sells $4 Billion , of Amazon Stock. Earlier this month, Amazon revealed that Bezos would be offloading 50 million shares by Jan. 31, 2025. Earlier this month, Amazon revealed that Bezos would be offloading 50 million shares by Jan. 31, 2025. According to regulatory filings, since Feb. 9, Bezos sold 24 million shares over the course of four trading days. The last time he sold stocks was in 2021, Yahoo Finance reports. . Bezos, one of the world's richest men, didn't provide a reason for the timing of his recent sale. . But he previously announced that he was moving from Washington to Florida to be closer to his fiancée, Lauren Sanchez, and other family members. . But he previously announced that he was moving from Washington to Florida to be closer to his fiancée, Lauren Sanchez, and other family members. . In 2022, Washington instituted a 7% capital gains tax. Bezos' decision to move to Florida will likely save him $288 million so far, Yahoo Finance reports. . "Because Bezos has only ever bought a single share of Amazon," it's likely that he's had the stock, since the formation of the company, "and therefore virtually all of their value would be considered capital gains," according to 'Bloomberg.'. According to Washington officials, capital gains tax brought in $855 million last year. Over half of that amount came from only 10 people. . In March 2023, billionaire Ken Fisher said he would move from Washington to Texas.

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Economists Optimistic After Stocks Hit New Record [Video]

Economists Optimistic After Stocks Hit New Record

Economists Optimistic, After Stocks Hit, New Record. NPR reports that the S&P 500 has risen above 5,000 for the first time in history. The broad-based U.S. index of the most-known companies around the globe opened over the historic milestone at the opening bell on February 9. . Investors are feeling optimistic that we have sidestepped a recession, Sam Stovall, chief investment strategist at the financial research firm CFRA, via NPR. According to the latest economic data, the Federal Reserve appears poised to pull off its goal of achieving a so-called "soft landing" for the U.S. economy. . The potential good news comes after a year-long rate-hiking campaign by the Fed to combat high inflation amid widespread fears of a recession. So far, the S&P 500 is up over 5% in 2024, coming off of a strong 2023, which saw the index gain 24%. NPR reports that a select group of stocks, referred to as "The Magnificent Seven," accounted for most of the market's broader gains. Those companies include , Alphabet, Amazon, Meta, Microsoft, Nvidia and Tesla. Those companies include , Alphabet, Amazon, Meta, Microsoft, Nvidia and Tesla. Those companies include , Alphabet, Amazon, Meta, Microsoft, Nvidia and Tesla. Those companies include , Alphabet, Amazon, Meta, Microsoft, Nvidia and Tesla. It's a couple growth sectors, and that's it. What's leading the market is still more growth-y, tech-y stocks, Stephen Suttmeier, chief equity technical strategist at Bank of America, via NPR. If you look at the history, my guess is we spend some time above 5,000, probably spend some time below 5,000, Stephen Suttmeier, chief equity technical strategist at Bank of America, via NPR. And I think we can actually move well beyond 5,000, Stephen Suttmeier, chief equity technical strategist at Bank of America, via NPR

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National Oceanic and Atmospheric Administration National Oceanic and Atmospheric Administration United States government scientific agency

Scientists Warn of Climate Calamity Following Hottest January Ever [Video]

Scientists Warn of Climate Calamity Following Hottest January Ever

Scientists Warn of , Climate Calamity , Following Hottest January Ever. 'The Guardian' reports that scientists have warned the world is not prepared for coming climate disasters as global warming continues to break temperature records. . Following the hottest year ever recorded, marine scientists have been shocked by prolonged, intense temperatures at the surface of the world's oceans. . Following the hottest year ever recorded, marine scientists have been shocked by prolonged, intense temperatures at the surface of the world's oceans. . According to the National Oceanic and Atmospheric Administration (NOAA), 2024 has a one-in-three chance of being even hotter than 2023. . Higher global temperatures increase the risk of both fires and flooding. . Higher global temperatures increase the risk of both fires and flooding. . In Chile, President Gabriel Boric has declared a two-day period of national mourning following the country's deadliest recorded wildfire which killed 120 people in the Valparaíso region. In the United States, California declared a state of emergency amid an "atmospheric river" which has resulted in unprecedented amounts of rain. . Fuelled by extreme weather and climate extremes, the frequency of climate-related disasters has dramatically risen in recent years, Raul Cordero, climate professor at the University of Groningen and the University of Santiago, via 'The Guardian'. Fuelled by extreme weather and climate extremes, the frequency of climate-related disasters has dramatically risen in recent years, Raul Cordero, climate professor at the University of Groningen and the University of Santiago, via 'The Guardian'. In some regions of the world, we are facing climate-fueled disasters for which we are not prepared, and it is unlikely that we will be able to fully adapt to them, Raul Cordero, climate professor at the University of Groningen and the University of Santiago, via 'The Guardian'. In some regions of the world, we are facing climate-fueled disasters for which we are not prepared, and it is unlikely that we will be able to fully adapt to them, Raul Cordero, climate professor at the University of Groningen and the University of Santiago, via 'The Guardian'. Richard Betts of the Met Office’s Hadley Centre urged global leaders to take action to reverse direction on the world's path toward a climate calamity. . We can still limit the extent to which extremes get worse if we urgently reduce greenhouse gas emissions to net zero – but with global emissions still rising, it’s hard not to be increasingly concerned about how we will deal with what’s coming, Richard Betts, Met Office’s Hadley Centre, via 'The Guardian'

Credit: Wibbitz Top Stories    Duration: 01:31Published
Punxsutawney Phil Does Not See His Shadow [Video]

Punxsutawney Phil Does Not See His Shadow

Punxsutawney Phil , Does Not See His Shadow. The weather-predicting groundhog did not see his shadow on Feb. 2, anticipating an early spring, CNN reports. . On average, Phil has been less than 40% accurate since 2013, according to NOAA's National Centers for Environmental Information. . But the National Weather Service's Climate Prediction Center has forecast above-average temperatures for February continuing into spring for much of the Northern U.S. While many people might view these conditions as simply a mild winter, . they could also be thought of as indicative of an early spring. This winter, every northern state had one of its warmest Decembers on record. This winter, every northern state had one of its warmest Decembers on record. For nearly three-quarters of the U.S., "winter has become the fastest-warming season," CNN reports. . While winter technically ends on March 19 at 11:06 p.m. ET. warming trends suggest Phil's prediction may come to fruition.

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