May unemployment looks worse than expected, signaling another bad jobs report could be coming
State reopenings have not yet helped stem the rise in unemployment, which is expected to show another big jump in the month of May. Weekly jobless claims totaled 2.4 million for the week ending May 16, bringing the total number...
Mitch McConnell says next coronavirus bill will not extend enhanced unemployment benefits
Senate Majority Leader Mitch McConnell, a Republican from Kentucky, speaks during a news conference following the weekly Senate Republican caucus luncheon in Washington, D.C., U.S., on Tuesday, May 19, 2020. Stefani Reynolds | Bloomberg | Getty Images Senate Majority Leader...
Watch Fed Chairman Jerome Powell live at a ‘Fed Listens’ event
[The stream is slated to start at 2:30 pm ET. Please refresh the page if you do not see a player above at that time.] Federal Reserve Chairman Jerome Powell is leading a “Fed Listens” public forum on central bank...
Second wave of coronavirus infections could cause a worse economic disaster, experts warn
The U.S. economy has faced a substantial loss due a nationwide shutdown. On April 29, the Bureau of Economic Analysis reported that the gross domestic product shrank by 4.8% in the first quarter, the lowest it’s been since the worst...
Home sales dropped nearly 18% in April, while decline in inventory pushed prices to a record high
A For Sale sign is seen in front of a home in Miami, Florida. Joe Raedle | Getty Images The economic fallout from the coronavirus hit the housing market hard in April. Sales of existing homes fell 17.8% month to...
More than half of small businesses are looking to have PPP funds forgiven, survey says
While government aid initiatives like the Paycheck Protection Program have helped small businesses, frustrations are mounting on Main Street due to a lack of guidance from the Small Business Administration on loan forgiveness and how to use the funds appropriately...
Jobless claims total 2.4 million, still elevated levels but a declining pace from previous weeks
First-time filings for unemployment insurance totaled 2.44 million last week as the tail effects of the coronavirus shutdown continued to impact the U.S. jobs market. Economists surveyed by Dow Jones had been looking for 2.4 million claims. The seasonally adjusted...
‘Major mispricings’ in market are creating huge opportunities, Wells Fargo’s Chris Harvey says
It may be time to explore contrarian plays. Wells Fargo Securities’ Christopher Harvey is telling investors the best opportunities are in the hardest hit parts of the stock market. He believes the potential rewards outweigh the risks. “Start adding cyclicality....
Fed minutes show fears of ‘extraordinary amount of uncertainty and considerable risks’ because of coronavirus
Federal Reserve officials called into action to rescue the economy from the clutches of the coronavirus worried about longer-lasting impacts from the pandemic including a second round of infections and the burden that low-income households would face, minutes released Wednesday...
Dallas Fed President Robert Kaplan says more fiscal help will be needed, including aid to states
More help will be needed from the Federal Reserve and Congress to get the economy through its slump, Dallas Fed President Robert Kaplan told CNBC on Wednesday. At least some of that aid likely will need to go to state and...
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Trading education
Introduction to Basic Trendline AnalysisIn this series we will piece together the anatomy of a swing trade and discuss ... 
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