Business

“Nintendo unveils new video game console that launches this fall as chip shortages continue to plague supply”

“Nintendo on Tuesday announced a new version of its popular Switch game console. The new model has a larger and more colorful screen and will be available on Oct. 8 for $349.99. That price is a premium over the $299.99 for the… Continue Reading…

Economy

“Weekly jobless claims total hits new pandemic-era low of 364,000”

“Initial filings for unemployment insurance fell sharply last week, indicating continued improvement in the U.S. jobs market, the Labor Department reported Thursday. First-time jobless claims totaled 364,000 for the week ended June 26, compared with the 390,000 Dow Jones estimate.… Continue Reading…

Business

“Under Armour posts more than 2,300 new jobs and hikes minimum hourly pay 50% to $15”

“Under Armour Inc. posted more than 2,300 jobs in the second quarter according to GlobalData research, a “hiring spree” that comes at a time when finding new workers has become more difficult… Last month, Under Armour announced that it was… Continue Reading…

Economy

“World’s coal producers now planning more than 400 new mines – research”

“The world’s coal producers are currently planning as many as 432 new mine projects with 2.28 billion tonnes of annual output capacity, research published on Thursday showed, putting targets for slowing global climate change at risk. China, Australia, India and… Continue Reading…

Stocks

“Buy These 3 New Stocks Before They Jump Over 40%, Says Goldman Sachs”

“Paymentus Holdings (PAY)… Overall, PAY has received 8 recent analyst reviews, breaking down to 6 Buys versus 2 Holds and making the analyst consensus rating a Strong Buy. The stock has current trading price of $32.35 and an average price… Continue Reading…

Stocks

“Buy These 2 New Stocks Before They Jump Over 60%, Says Goldman Sachs”

“Compass, Inc. (COMP)… After less than month in the public markets, Compass has already picked up 9 analyst reviews. These break down to 5 Buys and 4 Holds, giving the stock a Moderate Buy analyst consensus rating. The average price… Continue Reading…

Economy

“New $3,000 child tax credit to start payments in July, IRS says”

“The IRS plans to begin sending monthly payments from the new $3,000 child tax credit in July, Commissioner Charles Rettig said Tuesday during a hearing with the Senate Finance Committee. The new and significantly expanded child tax credit was included in the $1.9 trillion… Continue Reading…

Economy

“Jobless claims: New unemployment claims unexpectedly rose to 719,000 last week”

“The Department of Labor released its weekly report on new jobless claims on 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 March 27: 719,000… Continue Reading…

Economy

“Jobless claims: Another 861,000 Americans filed new unemployment claims”

“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 February 13: 861,000 vs.… Continue Reading…

Economy

“Jobless claims: Another 793,000 Americans filed new unemployment claims last week”

“The Department of Labor released its weekly report on new jobless claims Thursday morning at 8:30 a.m. ET. Here were the main results from the report, compared to consensus estimates compiled by Bloomberg: Initial jobless claims, week ended Feb. 6: 793,000… Continue Reading…