U.S. jobless claims total 375,000, falling for a third straight week
Initial jobless claims declined for the third consecutive week as the U.S. labor market continued its recovery from last year’s recession. New claims for jobless benefits totaled 375,000 last week, the Labor Department said Thursday, matching estimates from economists surveyed...
China’s tech giants generate billions for investors — but small businesses are being squeezed
Delivery workers wait for the light to turn green at a major intersection in Beijing on July 30, 2021. Evelyn Cheng | CNBC BEIJING — Investors in Chinese companies were caught off guard this summer by Beijing’s actions against homegrown...
July consumer prices jump 5.4%, but core inflation rises less than expected
Prices that Americans pay for everyday goods and services rose in July as pent-up demand for travel and restaurants kept inflation hot, but jumped about as much as economists had expected. The Labor Department reported Wednesday that its consumer price...
Fed should announce bond taper in September, begin it in October, says Dallas Fed President Kaplan
Dallas Federal Reserve President Robert Kaplan said Wednesday that the central bank should begin to taper its monthly purchases of Treasury bonds and mortgage-backed securities in October. His view that the central bank ought to begin cutting back in two...
White House to call on OPEC to boost oil production as gasoline prices rise
The White House will call on OPEC and its oil-producing allies to boost production in an effort to combat climbing gasoline prices, amid concerns that rising inflation could derail the economic recovery from Covid. Biden administration officials spoke with representatives...
Stocks making the biggest moves midday: Casper, Sysco, 3D Systems and more
Casper’s subway campaign Source: Casper Check out the companies making headlines in midday trading. 3D Systems — The 3-D printing company’s stock surged about 21% after it reported second-quarter earnings of 12 cents per share, beating the 5 cents a...
Market may be in the ‘biggest bubble of my career,’ all-star investor Rich Bernstein warns
An Institutional Investor Hall of Famer sees an urgent need for investors in some of the most popular trades to diversify. Rich Bernstein, who has spent decades on Wall Street, is waving the red flag on long-duration assets ranging from...
Job openings surge above 10 million for first time ever, Labor Department says
The number of job openings in the U.S. economy jumped to more than 10 million in June, the highest on record, as the U.S. labor market continues a choppy recovery from last year’s economic shutdowns, the Labor Department said Monday....
Stocks making the biggest moves in the premarket: Sanderson Farms, U.S. Foods, Tyson Foods and more
Take a look at some of the biggest movers in the premarket: Sanderson Farms (SAFM) – The poultry producer agreed to be acquired for about $4.5 billion, or $203 per share, by privately-held food producer Cargill and agriculture investment firm...
How virtual reality will change trading for pros and everyone else
The work-from-home boom has given several virtual reality (VR) companies incentive to experiment with new ways of trading. While platforms are rapidly evolving and firms are putting themselves in a position to sell the new technology, it’s not a big...
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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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