Biden says $15 minimum wage won’t survive Covid relief talks, promises to push for pay hike later
President Joe Biden speaks delivers a foreign policy address during a visit to the State Department in Washington, February 4, 2021. Tom Brenner | Reuters President Joe Biden said this weekend that it is unlikely a $15 federal minimum wage...
More bubbles, less shorting. What the GameStop craziness could mean for the future of investing
Tiffany Hagler-Geard | Bloomberg | Getty Images The stock market is known for being unpredictable and volatile, and any sense of normalcy was blown up during the recent GameStop rally. Most of us know the story by now: After discovering...
Consumer watchdog sees surge in Robinhood complaints, some clients claim they can’t leave the app
The logo of trading app Robinhood is displayed on a smartphone. Olivier Douliery | AFP via Getty Images A U.S. consumer watchdog saw a surge in complaints regarding Robinhood last week, with some clients claiming they were unable to liquidate...
Long-term unemployment is close to a Great Recession record
Cars line up to pick up food boxes at the Athens County Fairgrounds in Athens, Ohio on Dec. 19, 2020. BRAD LEE | AFP | Getty Images Long-term unemployment is edging toward a historical peak, almost a year into the...
Stocks making the biggest moves midday: Activision, Snap, Ford & more
Attendees play the Activision Blizzard Inc. Call Of Duty: Black Ops 4 video game at the company’s booth during the E3 Electronic Entertainment Expo in Los Angeles, California, U.S., on Tuesday, June 12, 2018. Troy Harvey | Bloomberg | Getty...
Payrolls barely grow to start 2021 even as the unemployment rate fell to 6.3%
Job growth returned to the U.S. in January, with nonfarm payrolls increasing by 49,000 while the unemployment rate fell to 6.3%, the Labor Department said Friday in the first employment report of the Biden administration. Economists surveyed by Dow Jones...
Jobs growth likely rebounded in January, but the extent of the recovery depends on hotels and restaurants
January’s employment picture appears to have improved over December, but how much so depends in big part on the impact of the virus and restrictions on the struggling hospitality and leisure sector. The U.S. Bureau of Labor Statistics will release...
Stock futures are flat as major averages try to finish best week since November
Traders work on the floor of the New York Stock Exchange. NYSE Stock futures were flat in overnight trading on Thursday, following a four-day winning streak on Wall Street as investors awaited a closely-watched January jobs report. Futures on the...
Jobless claims better than expected last week and lowest in two months
New claims for jobless benefits came in a bit less than expected last week though U.S. employment gains remain sluggish. First-time claims for unemployment insurance totaled 779,000 for the week ended Jan. 30, the Labor Department reported Thursday. That was...
Stocks making the biggest moves in the premarket: Canada Goose, eBay, PayPal, Qualcomm & more
Take a look at some of the biggest movers in the premarket: Canada Goose (GOOS) – Canada Goose shares surged more than 15% in the premarket after the outerwear maker beat estimates on both the top and bottom lines. Results...
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Trading education
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