The numbers: New unemployment benefits fell to just over $ 1 million in late August, resuming a downward trend, perhaps signaling the resumption of a slow or painful recovery in the U.S. labor market. Initial unemployment claims, a rough measure of redundancies, were rejected by 98,000 to 1 million in …
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A divergence between the S&P 500 and VIX indices raises a ‘red flag’ for the stock market rally, warned former hedge fund investor Jesse Felder. Getty Images It’s a waiting game for investors early on Thursday. Markets are waiting patiently and somewhat nervously for Federal Reserve President Jerome Powell’s keynote …
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The U.S. Food and Drug Administration has granted emergency authorization to Abbott Laboratories for a $ 5 rapid response COVID-19 antigen test that is about the size of a credit card. The inexpensive, rapid-response test could be administered in an office of a physician as a school nurse and uses …
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A ground crew member passes a Rolls-Royce Holdings engine on the wing of a passenger plane at Tegel Airport, operated by Berlin Brandenburg Airport, in Berlin, Germany, on July 7, 2020. Krisztian Bocsi / Bloomberg News European equities fell lower on Thursday, with markets keen on the US Federal Reserve’s …
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Shares of Apple Inc. AAPL, + 1.19% traded 1.20% to $ 503.43 on Monday over what proved to be a very positive trading session for the stock, with the NASDAQ Composite Index COMP, + 0.60% rising 0.60% to 11,379.72 and the Dow Jones Industrial Average DJIA, + 1.35% increasing 1.35% …
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