Stocks making the biggest moves midday: Krispy Kreme, Virgin Galactic, IBM, Didi and more
Rendering of the Krispy Kreme Times Square flagship. Krispy Kreme Check out the companies making headlines in midday trading. Virgin Galactic — The space tourism company’s stock is up 4% after announcing founder Sir Richard Branson will be aboard its...
Fed Chair Powell met with Coinbase CEO Brian Armstrong in May
Coinbase Founder and CEO Brian Armstrong attends Consensus 2019 at the Hilton Midtown on May 15, 2019 in New York City. Steven Ferdman | Getty Images Federal Reserve Chairman Jerome Powell met in May with Brian Armstrong, the CEO of...
Biden on June jobs report: ‘Our economy is on the move, and we have Covid-19 on the run’
U.S. President Joe Biden delivers remarks on the June jobs report in the Eisenhower Executive Office Building’s South Court Auditorium at the White House in Washington, July 2, 2021. Kevin Lamarque | Reuters WASHINGTON — President Joe Biden responded to...
U.S. adds 850,000 jobs in June, better than expected
Job growth leaped higher in June as businesses looked to keep up with a rapidly recovering U.S. economy, the Labor Department reported Friday. Nonfarm payrolls increased 850,000 for the month, compared with the Dow Jones estimate of 706,000 and better...
Stocks making the biggest moves in the premarket: Virgin Galactic, Krispy Kreme, Apollo Global & more
Take a look at some of the biggest movers in the premarket: Virgin Galactic (SPCE) – Virgin Galactic shares soared 28.2% in the premarket after it announced that founder Richard Branson plans to be aboard a planned July 11 space...
Setting his eyes on the next 100 years, Xi seizes the chance to lead China to greater power
Xi Jinping, general secretary of the Communist Party of China CPC Central Committee, Chinese president and chairman of the Central Military Commission, delivers an important speech at a ceremony marking the 100th anniversary of the founding of the CPC in...
Job growth likely will look stronger in June report as companies scramble to find workers
A ‘Hiring All Positions’ sign is displayed at a pastry shop on June 23, 2021 in Los Angeles, California. Mario Tama | Getty Images June jobs growth is expected to outpace May and more Americans rejoined the workforce, even as...
Chinese electric car start-up Li Auto delivers over 1,000 more cars than Xpeng in June
Xpeng Motors launches the P5 sedan at an event in Guangzhou, China on April 14, 2021. The P5 is Xpeng’s third production model and features so-called Lidar technology. Arjun Kharpal | CNBC BEIJING — U.S.-listed electric car start-up Li Auto...
Epic housing shortage may finally be starting to lift, as surprising number of new listings hit market in June
A for sale sign is seen near a house for sale in South Pasadena, California. Frederic J. Brown | AFP | Getty Images The epic housing shortage that began before the pandemic and then was exacerbated by it may finally...
U.S. deficit will total $3 trillion in fiscal 2021, budget panel says
The federal government will be swimming in $3 trillion of red ink by the end of fiscal 2021, according to a Congressional Budget Office estimate released Thursday that swelled 33% from the last forecast. As a result of multiple stimulus...
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