The number of Americans filing 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 devastate the U.S. economy. It was the nineteenth consecutive week in which initial claims totaled at least 1 million …
Read More »Apple, Amazon, Google, Facebook: 5 things you should know
Here are five things you should know for Thursday, July 30: 1. – The point of futures of actions lowers considerably Shares plummeted on Thursday after the Federal Reserve issued a bleak outlook for the US economy and pledged its continued support, and the largest and most powerful tech companies …
Read More »Shares plummet on worst GDP data on record, rising unemployment
Stock markets opened significant losses Thursday morning on the news that the United States experienced the worst quarterly economic contraction on record earlier this year and an increase in weekly jobless claims. The Dow Jones Industrial Average fell 300 points, or 1.1 percent, and the S&P 500 fell 31 points, …
Read More »Stock futures rise slightly after Fed interest rate decision, Big Tech earnings loom
A cyclist passes the New York Stock Exchange in New York on May 26, 2020. Wang Ying | Xinhua News Agency | fake pictures US stock futures rose Wednesday night after a session in which the main averages posted solid gains as the Federal Reserve pledged to maintain current stimulus …
Read More »Robinhood’s daily trade crowd finds a new speculative favorite on Kodak
The Robinhood crowd has a new favorite speculative stock: Eastman Kodak. In the last 24 hours, more than 20,000 users have added the shares to their portfolio, making them the most popular action in the commercial application favored by the millennium according to Robintrack data, which tracks user activity but …
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