September 20, 2021
“U.S. stocks began the week deeply in the red as investors continued to move to the sidelines in September amid several emerging risks for the market. The Dow Jones Industrial average lost 500 points, or 1.4%, set for its biggest… Continue Reading…
September 2, 2021
“Initial filings for unemployment insurance fell last week to their lowest levels since March 2020 in another sign that the labor market is gradually improving from the Covid-19 era, the Labor Department reported Thursday. First-time jobless claims totaled 340,000 for… Continue Reading…
June 30, 2021
“Pending home sales, a measure of signed contracts on existing homes, jumped an unexpectedly high 8% in May compared with April, according to the National Association of Realtors. Analysts expected a 1% drop. This is the highest level of sales… Continue Reading…
June 22, 2021
“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…
June 3, 2021
“…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…
October 19, 2020
“Ford Motor Co, an American multinational automaker, said its vehicle sales climbed 25% in the third quarter of this year, the biggest year-over-year increase since 2016, as demand gradually recovered… Ford and its joint ventures, Changan Ford, JMC and Ford… Continue Reading…
August 13, 2020
“Another 963,000 Americans filed for regularfirst-time unemployment benefits last week on a seasonally adjusted basis — the first time in five months that number has dipped below 1 million, the Department of Labor said Thursday. It was the lowest number of weekly… Continue Reading…
July 20, 2020
“Chevron said on Monday it would buy Noble Energy in a $5 billion all-stock deal, bolstering its shale presence as a plunge in crude prices have made assets cheaper. The deal, the largest in the U.S. energy sector this year, comes more than… Continue Reading…
June 19, 2020
“The Federal Reserve’s assets shrank this week for the first time since February, reflecting a sharp drop in currency swaps with foreign central banks and a continued slackening in demand for other emergency credit facilities. The Fed’s balance sheet –… Continue Reading…
June 17, 2020
“The number of Americans applying for unemployment benefits in the two months since the coronavirus took hold in the U.S. has swelled to nearly 39 million, the government reported Thursday, even as states from coast to coast gradually reopen their… Continue Reading…
Recent Comments