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Economy

“Defying predictions, economy gains 2.5M jobs and unemployment dips to 13.3%…”

June 17, 2020

“The economy unexpectedly gained 2.5 million jobs in May after record losses the prior month as states began allowing businesses shuttered by the coronavirus to reopen and many Americans returned to work. The unemployment rate fell to 13.3% from April’s 14.7%, which was the… Continue Reading…

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Banking, Economy

“10-year Treasury yield erases recent gains as S&P 500 books near 6% loss”

June 16, 2020

“What are Treasurys doing? The 10-year Treasury note yield TMUBMUSD10Y, 0.767% slumped 9.3 basis points to 0.651%, its lowest since May 29, falling below where it traded before the release of Friday’s jobs report. The benchmark maturity saw its biggest daily drop since… Continue Reading…

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Stocks

“Market Analysts see Actinium Pharmaceuticals Inc. [ATNM] gaining to $2.75. Time to buy?”

June 10, 2020

“Positions in Actinium Pharmaceuticals Inc. stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 14 institutional holders increased their position in Actinium Pharmaceuticals Inc. [AMEX:ATNM] by around 1,793,626… Continue Reading…

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Economy, Stocks

“…Nasdaq 100 sets new intraday high”

June 4, 2020

“Stocks reversed earlier losses and rose Thursday, pacing toward a fifth straight day of gains as investors looked past a new report showing new unemployment insurance claims totaled another 1.877 million last week, coming in slightly above expectations. The Nasdaq 100 rallied… Continue Reading…

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Business

“Chesapeake Energy Extends Gains as Oil Recovers…”

April 24, 2020

“Shares of Chesapeake Energy tore higher again on Friday, adding to gains of more than 90% in the past three days, after the oil and hydrocarbon driller announced it adopted a poison pill to thwart any takeover attempts spurred by… Continue Reading…

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Economy

“The US economy has erased nearly all the job gains since the Great Recession”

April 16, 2020

“It took only four weeks for the U.S. economy to wipe out nearly all the job gains in the last 11 years. The coronavirus and the forced closure of business throughout the country again fueled the number of Americans applying… Continue Reading…

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Stocks

“…Stocks extend gains, Dow adds 700+ points”

April 7, 2020

“10:38 a.m. ET: Stocks pare some gains Stocks eased up after surging at market open. Each of the three major indices, however, was still up at least 1%. Gains in the S&P 500 were led by the Energy sector, up… Continue Reading…

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Stocks

“Global stocks and oil mount a recovery while Dow gains 800 points”

March 10, 2020

“Markets in Asia and Europe staged a recovery Tuesday, and the Dow soared 800 points a day after novel coronavirus fears and an oil price war sparked a worldwide panic… The Dow (INDU) soared 3.3%. The S&P 500 (SPX) rose 2.9% and the Nasdaq (COMP) was up 2.7%.JPMorgan equity strategists… Continue Reading…

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Economy

“January adds a much stronger-than-expected 225,000 jobs, with a boost from warm weather”

February 10, 2020

“The unemployment rate ticked higher to 3.6%, but for the right reason as the labor force participation rate increased 0.2 percentage points to 63.4%, matching its highest level since June 2013, according to data released Friday by the Labor Department…… Continue Reading…

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Economy

“Private payrolls soar in January, the best monthly gain in nearly 5 years”

February 5, 2020

“The jobs market kicked off 2020 in grand fashion, adding 291,000 in private payrolls for the best monthly gain since May 2015, according to a report Wednesday from ADP and Moody’s Analytics. That was well above the 150,000 estimate from… Continue Reading…

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