Jobless claims filings pick up amid continued struggles for labor market
The pace of workers filing for unemployment claims picked up last week and was a bit higher than...
Market ‘tug-of-war’ with Covid-19 may limit downside, $7.2B money manager says
Money manager Kevin Nicholson believes downside is limited for the S&P 500 through next month. Nicholson, who’s co-chief...
Ant Group is still capable of securing the world’s biggest IPO, says Chinese investor
Liu Qiang, Vice President of Fosun Technology and Financial Group, Deputy Chairman of Hani Securities, speaks with Arjun...
Stocks making the biggest moves midday: Tesla, Walgreens, DraftKings, Square and more
CEO of Tesla Motors Elon Musk reacts following the company’s initial public offering at the NASDAQ market in...
Bostic says Fed’s tools still have ‘juice’ and will be used if the economy slows
Atlanta Federal Reserve President Raphael Bostic said the central bank is prepared to step in with more policy...
U.S. companies with China operations look to the Asian giant for growth
Aerial view of Alibaba Shanghai R&D Center, ZJ Science City, IBM and Microsoft at AIsland on August 6,...
PNC to buy U.S. operations of Spanish bank BBVA for $11.6 billion
An ATM is shown at company headquarters for the PNC Financial Services at One PNC Plaza in Pittsburgh,...
Ex-Wells Fargo CEO John Stumpf misled investors in fake accounts scandal, SEC says
John Stumpf, chief executive officer of Wells Fargo & Co., waits to begin a House Financial Services Committee...
S&P 500 rises more than 1% to a record close to cap off strong week as big value rotation continues
U.S. stocks rose on Friday as investors bet again on stocks that would benefit from a potentially effective...
Unemployment claims are falling. But that’s not necessarily because people found work
Volunteers distribute food to the needy in Orlando, Fla. Paul Hennessy/NurPhoto via Getty Images Continuing claims Continuing claims...
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