Text size Illustration by Mike Haddad. Investors analyzed concerns about the virus midday Thursday, taking advantage of some early gains even amid mixed data. The Dow Jones Industrial Average and S&P 500 rose 0.2% in recent trade, while the Nasdaq Composite rose 0.4%. The latest unemployment figures show that while …
Read More »Unemployment claims remain stubbornly high as Covid-19 Spike scares employers
Hundreds of unemployed Kentucky residents wait outside the Kentucky Career Center for help with their unemployment claims late last week in Frankfort. John Sommers II / Getty Images Text size A downward trend in first-time unemployment insurance claims stagnated in the past week, showing how long it will take for …
Read More »Bank regulators ease with Volcker rule
Text size JPMorgan Chase shares rose in response to the news. Spencer Platt / Getty Images Bank investors who braced themselves for the bad news on Thursday got at least one dose of something positive: regulators eased the risk-taking restrictions imposed after the 2008-09 financial crisis. The Federal Deposit Insurance …
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