European stocks close mixed amid hopes for Brexit trade deal; UK banks jump
LONDON — European stocks closed mixed after a light trading session Thursday, as traders grew optimistic a Brexit trade deal would be reached. Britain’s FTSE 100 closed up by around 0.1% after a choppy holiday-shortened session, while France’s CAC lost...
Stocks making the biggest moves in the premarket: FireEye, Alibaba, C3.ai & more
Take a look at some of the biggest movers in the premarket: FireEye (FEYE) – The cybersecurity firm’s stock is 2% lower in premarket trading, after rising for four straight sessions and eight of the past 10, gaining more than...
When will the $300 unemployment benefit start? Officials don’t know
John Moore | Getty Images News | Getty Images More than 20 million Americans are eagerly anticipating a $300 boost to their weekly unemployment benefits. The sum would nearly double weekly aid for the average worker and help lift...
November new home sales fall more than expected, builder stocks drop
A ‘Open House’ sign stands outside a new home for sale in the D.R. Horton Cambridge at Southbury development in Oswego, Illinois. Daniel Acker | Bloomberg | Getty Images Sales of newly built homes came in far weaker than expected...
Weekly jobless claims rise less than expected, but hold above 800,000
Jobless claims rose less than expected last week as employers weighed a wintertime spike in Covid-19 cases against expected relief from a pending $900 billion stimulus package, the Labor Department reported Wednesday. The number of first-time unemployment-benefits filers decelerated to...
Tech bull Paul Meeks predicts another record year, but sounds the alarm on DoorDash and Airbnb
Long-time tech investor Paul Meeks expects 2021 to be another winning year for the Nasdaq. But Meeks, who’s known for running the world’s largest tech fund during the late 1990s, warns two popular names that went public this month won’t...
Existing home sales decline for the first time in 5 months as prices rise and supply falls
A house for sale on December 17, 2020 in Scituate, Massachusetts. Matt Stone | MediaNews Group | Getty Images After five consecutive months of gains, closed sales of existing homes turned lower in November. They fell 2.5% on a month-to-month...
Goldman Sachs, once reserved for the rich, is close to offering wealth management for the masses
A woman looks at Marcus, a new savings and loans app recently launched by Goldman Sachs in New York, January 10, 2020. Mike Segar | Reuters Goldman Sachs has for decades set its sights on the global elite when it...
Covid relief bill offers 11 weeks of extra unemployment benefits, $300 boost and a supplement for some gig workers
Unemployed workers would get an extra 11 weeks of jobless benefits and a $300 weekly enhancement to aid payments as part of a Covid relief deal Congress reached Sunday. Certain self-employed and gig workers would also get an extra $100...
European stocks set to open lower amid jitters over new coronavirus strain
European markets are set to trade lower on Monday as investors monitor a fast-spreading new variant of the coronavirus strain that has shut down much of the U.K. Britain’s FTSE 100 was seen opening down by 75 points at 6,442,...
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