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Stocks

“10 Best Stocks Under $10 This Past Week: BlackBerry Soars”

“1. BlackBerry Ltd BB | Increased +38.54% | Price $8.52 BlackBerry  (BB) – Get Report shares were rising after it announced a deal with Amazon’s cloud business. BlackBerry was one of the top five stock gainers on Tuesday. 2. United Microelectronics UMC | Increased +27.26% |… Continue Reading…

Stocks

“6 Top Stocks Under $10 This Past Week: Sunworks Climbs”

“1. Phoenix Tree DNK | Increased +166.23% | Price $4.02 Phoenix Tree Holdings  (DNK) – Get Report, also known as Danke, is a Chinese residential rental service and operates a co-living platform. The stock is rising after reports that it’s potentially going to… Continue Reading…

Economy

“Jobless claims: Another 742,000 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 Nov. 14: 742,000… Continue Reading…

Economy

“Oil jumps more than 10% for the week following OPEC meeting, decline in U.S. inventory”

“Oil prices were mixed on Friday after a Libyan commander said a blockade on the country’s oil exports would be lifted for a month, while a declining U.S. equities market also weighed on futures… Brent fell 55 cents to $42.75 a… Continue Reading…

Business

“ESPN’s week 1 Monday Night Football ratings fall nearly 11%”

“… the New York Giants hosting the Pittsburgh Steelers attracted an average of 10.7 million viewers on Monday’ night the network announced, down 10.8% from last year’s first Monday night game. …The game peaked at 13.1 million viewers around 9:00 p.m.… Continue Reading…

Economy

“Almost 30 Million in U.S. Didn’t Have Enough to Eat Last Week”

“Food insecurity for U.S. households last week reached its highest reported level since the Census Bureau started tracking the data in May, with almost 30 million Americans reporting that they’d not had enough to eat at some point in the… Continue Reading…

Real Estate

“Record low US mortgage rates for the third consecutive week”

“Rates on 30-year mortgages have fallen to record lows for the third consecutive week as inflation remains muted in a weakened economy, even in the face of persistent demand from homebuyers Mortgage buyer Freddie Mac reported Thursday that the average… Continue Reading…

Economy, Stocks

“Stocks could fall a further 7% after last week’s correction. But here’s why Morgan Stanley says that’s ‘healthy’”

“The three major benchmark indexes suffered their biggest weekly losses since March 20 last week, as the Federal Reserve’s downbeat economic outlook and rising coronavirus cases unsettled investors. Fears of a second wave grew over the weekend and U.S. stock futures pointed lower early… Continue Reading…

Economy

“Ohio Gov. DeWine: ’90 percent’ of state’s economy will reopen by next week”

“Ohio Gov. Mike DeWine spoke Sunday with “Fox & Friends Weekend” host Pete Hegseth on his plans to reopen the state’s economy gradually, after he rolled back stay-at-home orders and lifted several statewide restrictions. “We’ve been able to flatten the curve,” DeWine, a Republican, said. “Our hospital admissions… Continue Reading…

Economy

“U.S. oil plunges 25% to trade below $13 a barrel to start another punishing week”

“June West Texas Intermediate crude CLM20, -26.62%, the U.S. benchmark, lost $4.20, or 25%, to trade at $12.69 a barrel, following a 32.3% decline for the week—its biggest such decline on record—for the commodity and a landmark plunge in the now-defunct May contract,… Continue Reading…