People line up outside the Kentucky Career Center before it opens to find assistance with their unemployment claims in Frankfort, Kentucky, USA, June 18, 2020. Bryan Woolston | Reuters The number of Americans applying for unemployment benefits for the first time increased more than expected last week as the coronavirus …
Read More »Stock futures rise after Nasdaq hits record to start Q3
Although the Dow Jones Industrial Average lagged behind with a modest loss on Wednesday, all three major indices are on track for sizable weekly gains. The S&P 500, Dow and Nasdaq Composite are up 3.5%, 2.8% and 4%, respectively, since Friday’s close. US markets will be closed on Friday for …
Read More »Stock futures remain stable after market hits best quarter in decades
Stock futures fell slightly in trading overnight on Tuesday as the market will start a new quarter after a notable comeback. Dow Jones Industrial Average futures traded about 55 points below. S&P 500 futures and Nasdaq 100 futures fell 0.2% and 0.1%, respectively. Trading volumes were low. The market has …
Read More »The mask mandate could save the US from a blow of 5% of GDP
A stylist in a protective mask cuts a client’s hair at a barber shop in Atlanta, Georgia, Monday, April 27, 2020. Dustin Chambers | Bloomberg via Getty Images A federal face mask mandate would not only reduce the daily growth rate of new confirmed cases of Covid-19, but could also …
Read More »US consumer confidence in June 2020
A buyer walks with shopping bags. Pedestrian and vehicle traffic has increased markedly as businesses mark the next phase of reopening the economy today in New York City. John Lamparski | SOPA Images | fake pictures Consumer confidence rose more than expected in June as the United States loosened quarantine …
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