NEW YORK (Reuters) – The dollar weakened and gold rose further on Thursday as a global equity indicator drifted after previous gains in Europe and Asia as rising COVID-19 cases affected the American labor market and deteriorating relations between the United States and China gave investors pause. . FILE PHOTO: …
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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 …
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Tesla shares rose as much as 5.8% in pre-market trading on Wednesday after the company posted fourth consecutive quarter earnings. Elon Musk’s electric car company reported $ 104 million in net revenue, a big improvement from its $ 408 million loss in the second quarter of 2019. Tesla is now …
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Southwest planes sit on the runway at Fort Lauderdale-Hollywood International Airport on February 20, 2019 in Fort Lauderdale, Florida. Joe Raedle | fake pictures Southwest Airlines said Thursday it lost $ 915 million in the second quarter compared to $ 741 million in net income the previous year, and warned …
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Warren Buffett disbursed more than $ 800 million in Bank of America shares this week. The billionaire investor and Berkshire Hathaway chief bought nearly 34 million shares, raising his stake in the bank to approximately 11.3%, SEC filings show. Bank of America shares have fallen 32% this year, suggesting that …
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