August 10, 2020
“Gold prices could forge ahead to $4,000 per ounce in the next three years, but factors such as the development of a coronavirus vaccine and the November U.S. elections could change the fortunes of the precious metal, analysts say. This… Continue Reading…
August 5, 2020
“America’s services sector grew for a second month in a row in July and beat economists’ expectations. But beneath the headline number, some things are still quite gloomy. The Institute for Supply Management’s index to measure non-manufacturing activity climbed to 58.1, from… Continue Reading…
August 3, 2020
“The Commerce Department said on Friday that consumer spending, which accounts for more than two-thirds of U.S. economic activity, rose 5.6% last month after a record 8.5% jump in May as more businesses reopened. Consumers stepped up purchases of clothing… Continue Reading…
July 31, 2020
“The number of Americans who filed new claims for unemployment benefits last week totaled 1.434 million, the Labor Department reported Thursday, roughly in line with expectations, as the coronavirus pandemic continues to ravage the U.S. economy. It was the 19th straight… Continue Reading…
July 30, 2020
“…Shares of the company rose 1.5% in morning trading. Here’s what the company reported for the quarter ended June 30 compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv: Earnings per share: $1.16, adjusted,… Continue Reading…
July 9, 2020
“U.S stocks rose on Wednesday and the Nasdaq hit a record closing high, supported by technology shares as early signs of an economic rebound… Apple Inc and Microsoft Corp provided the biggest boosts to the Dow and S&P 500, with… Continue Reading…
April 28, 2020
“The Dow Jones Industrial Average climbed 230 points, putting the blue-chip average on track for five consecutive days of gains. The Standard & Poor’s 500 rose 1%, on pace for its first three-day winning streak in a month. Both averages… Continue Reading…
April 6, 2020
“Wayfair Inc. stock soared 38.3% in Monday premarket trading after the e-commerce home retailer said business skyrocketed amid the coronavirus pandemic. Wayfair went into March with gross revenue up just below 20%, consistent with January and February. However, business more… Continue Reading…
March 30, 2020
“Stocks rose on Monday, building on a strong rally from last week as the U.S. extends measures to contain the coronavirus outbreak. The S&P 500 climbed 1.6% while the Nasdaq Composite traded 2.1% higher. The Dow Jones Industrial Average was up 237 points, or 1.1%… Sentiment was… Continue Reading…
February 20, 2020
“Small business sentiment is on the rise to kick off 2020, with confidence nearing all-time highs, according to data from CNBC and SurveyMonkey. The CNBC/SurveyMonkey Small Business Confidence Index climbed two points in the first quarter, from 59 to 61, as… Continue Reading…
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