Kimberly White / Getty Images Lemonade, a technology-driven insurance company backed by Softbank, soared 132% in its commercial debut on Thursday. The company set its IPO price at $ 29, representing a market valuation of $ 1.6 billion. It was valued at $ 2.1 billion in its 2019 funding round. …
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The Dow rose 0.8%, or about 200 points, in late morning trading. That was well above its previous highs the day after the government reported that the US economy added 4.8 million jobs in June, bringing the unemployment rate down to 11.1%. “These are impressive numbers that took people by …
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US stocks rose on Thursday as investors digested a stronger-than-expected monthly employment report amid a growing number of new cases of coronavirus. The US financial markets will be closed on Friday and the bond market will close an hour earlier at 2 pm ET on Thursday, and the Independence Day …
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The numbers: New claims for traditional unemployment benefits continued a slow and steady decline in late June, moving in the right direction, but at a slow pace showing that the labor market is still struggling to recover after the biggest wave of layoffs in the United States history. Initial jobless …
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Technical difficulties? In some way. I have no trouble reading the charts, but on Wednesday afternoon I had problems with my internet server. The service went in and out for several hours, forcing the merchant (that’s me) to take a couple of hours off work. After taking back control of …
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