The number of Americans applying for unemployment benefits increased more than expected last week, as the coronavirus pandemic continues to affect the US economy. The Labor Department said Thursday that initial jobless claims increased by 1.416 million for the week ending July 18. Economists surveyed by Dow Jones expected initial …
Read More »Apple and Nike may be vulnerable to mounting tensions between the United States and China
The growing tensions between the US and China are refocused after the State Department ordered the closure of the Chinese consulate in Houston due to intellectual property and privacy concerns. The tension outbreaks could last another decade, warns Mark Tepper, president of Strategic Wealth Partners. He adds that two popular …
Read More »Google mortgage search tools: calculator, rates, definition
On Wednesday, Google updated its search engine with new tools for people buying mortgages, including a calculator, recent average mortgage rates, and key terms that homebuyers may need to know during the mortgage purchase process. Google partnered with the Office of Consumer Financial Protection to launch the new tools because …
Read More »Robinhood rules out launch of UK investment app
Robinhood investment app seen on a smartphone in this photo illustration on June 24, 2020 in Washington, DC. Jim Watson | AFP | fake pictures Robinhood has postponed the launch of its popular UK stock trading app indefinitely. The Menlo Park, California-based fintech firm told people who signed up on …
Read More »Cramer says market movements are ‘crazy’ but ‘please stop comparing them to 1999’
CNBC’s Jim Cramer said Tuesday that “it’s time to admit these moves are crazy” after big gains from some of the biggest tech stocks on the market pushed the Nasdaq Composite to another record the day before, but he’s not forecasting a reversal. Expanding on a tweet in which he …
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