Economy

“Job openings surge above 10 million for first time ever, Labor Department says”

“There were 10.1 million open jobs on the final day of June, the report said, up from 9.2 million in May. Economist polled by Dow Jones were expecting 9.1 million openings. The jump came as the quits rate increased while… Continue Reading…

Stocks

“Dole IPO Drops Over 9% During First Day Of Trading”

“What happened: Shares of the world’s large produce company slid by over 9% on Friday after debuting on the New York Stock Exchange. Dole (NYSE: DOLE) opened for trading at $15, at an implied market value of approximately $1.5 billion, which was below the… Continue Reading…

Cryptocurrencies

“Bitcoin Price Drops Below $30K for the First Time Since January”

“Bitcoin dipped below the long-held support at $30,000 on Tuesday, hitting the lowest level since Jan. 28. The cryptocurrency traded at $29,700 shortly before press time, bringing the year-to-date gain down to just 3%, according to CoinDesk 20 data. The drop… Continue Reading…

Business

“Kroger aims to hire 10,000 workers at first nationwide ‘hybrid’ hiring event”

“Kroger Co. KR, 0.98% has set a goal of 10,000 new hires when it hosts its first nationwide “hybrid” hiring event on Thursday. Taking place both in person and virtually, Kroger is searching for associates to work across e-commerce, pharmacy, operations, and other… Continue Reading…

Economy

“Jobless claims: Initial filings broke below 400,000 for the first time since March 2020”

“…The Department of Labor released its weekly report on new jobless claims Thursday at 8:30 a.m. ET. Here were the main metrics from the report, compared to consensus data compiled by Bloomberg: Initial jobless claims, week ended May 29: 385,000 vs. 387,000 expected… Continue Reading…

Business

“Twitter launches its first subscription service”

“Twitter announced on Thursday the launch of Twitter Blue, the company’s first subscription service designed for power users willing to pay a monthly fee for exclusive features. It’s the company’s first attempt at a subscription business model and could diversify Twitter’s… Continue Reading…

Cryptocurrencies

“Ethereum, the world’s second-largest cryptocurrency, soars above $4,000 for the first time”

“Ether surged past $4,000 Monday to hit a new record high, extending a stunning rally for the world’s second-largest cryptocurrency. Ether, the digital token of the Ethereum blockchain, rose nearly 7% over the last 24 hours to $4,141.99 by 3:40 a.m.… Continue Reading…

Business

“Schwab adds 3.2 million new brokerage accounts in first quarter – more than all of 2020”

“Retail investing behemoth Charles Schwab added more clients in the first three months of 2021 than in all of 2020. Schwab added a record 3.2 million new clients in the first quarter of 2021. The firm added about 2.4 million… Continue Reading…

Cryptocurrencies

“Bitcoin exchange Kraken considers going public after record trading volumes in the first quarter”

“Cryptocurrency exchange Kraken is considering going public through a direct listing in 2022, after seeing record trading volumes and new clients amid a surge in the price of bitcoin. Founded in 2011, Kraken is one the world’s biggest crypto exchanges. It… Continue Reading…

Business, Stocks

“Exxon Rival Could Be First Oil Major To Resume Stock Buybacks”

“BP (BP) announced Tuesday that it likely hit its debt-reduction target in the first quarter, helped by assets sales and rebounding oil prices. BP stock rose.it’s now been more than a year since the coronavirus pandemic hit if you can believe… Continue Reading…