December 8, 2020
“On Oct. 30, Exxon reported a loss of 18 cents per share in Q3 vs. a profit of 68 cents per share in the year-ago quarter. Wall Street was expecting a loss of 28 cents per share. Revenue fell 29% to… Continue Reading…
May 26, 2020
“Stocks jumped Tuesday, and the S&P 500 traded above 3,000 for the first time since March 5, as hopes for an effective coronavirus vaccine combined with optimism over updates around states’ reopenings and better than expected new economic data. Each… Continue Reading…
May 14, 2020
“At Uber’s 2020 shareholders meeting on Monday, a group representing large Uber shareholders took issue with how much the ride-sharing giant is paying its CEO Dara Khosrowshahi while the company slashes thousands of jobs and its contractor drivers struggle to make ends… Continue Reading…
April 29, 2020
“Gross domestic product fell 4.8% in the first quarter, according to government numbers released Wednesday that provide the first detailed glimpse into the deep damage the coronavirus wreaked on the U.S. economy. Economist surveyed by Dow Jones had expected the… Continue Reading…
April 3, 2020
“Nonfarm payrolls dropped by 701,000 in March, according to Labor Department numbers released Friday that only begin to show the economic damage wrought by the coronavirus crisis. It was the first decline in payrolls since September 2010 and came close… Continue Reading…
February 24, 2020
“Billionaire Warren Buffett says the viral outbreak in China has slowed economic growth, but he remains confident in the long-term future of American business… Buffett said the reports he gets from Berkshire’s assortment of more than 90 businesses and stock… Continue Reading…
November 6, 2019
“A wave of interest-rate cuts by central banks including the Federal Reserve and mounting hopes of a U.S.-China trade deal are buoying confidence in financial markets just as key economic indicators show signs of stabilization after recent declines. …the relative… Continue Reading…
April 4, 2019
“U.S. stocks ended higher amid positive reports for a U.S.-China trade deal and growth in eurozone economies. The S&P 500 (^GSPC) rose 0.21%, or 6.16 points, as of market close, landing its fifth consecutive day of advances as the materials… Continue Reading…
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