Airline stocks fall after EU leaders impose travel curbs within the bloc

January 22, 2021

Category: Industries, Others

Airline shares dropped on Friday after European governments announced further travel restrictions to fight growing Covid infection rates and highly-infectious variants. European leaders agreed on Thursday to keep their borders open but to discourage any non-essential travel. This means citizens […]

European Stocks Close Higher On Stimulus Hopes, Vaccine Updates

January 14, 2021

European markets closed higher on Thursday as investors looked ahead to an announcement from U.S. President-elect Joe Biden about additional fiscal stimulus, and reacted positively to encouraging updates on the coronavirus vaccine front. According to reports Johnson & Johnson’s one-shot […]

US unemployment claims slip to still-high 787,000

January 7, 2021

Category: News

The number of Americans seeking unemployment aid fell slightly to 787,000, evidence of a job market stumbling in the face of the viral pandemic and the damage it has inflicted on the economy for nearly 10 months. Thursday’s figure from […]

Financial Services, Industries

Morgan Stanley profits rise 48%, helped by strong markets

January 20, 2021

Via: ABC News

Morgan Stanley saw its fourth-quarter profits surge 48% from a year earlier, as the Wall Street bank benefited from the market’s upward swing and investors jubilation for tech stocks and IPOs late last year. The New York-based firm posted a […]

Financial Services, Industries

Bank of New York Lower After Profit Drop Due to Low Rates

January 20, 2021

Via: TheStreet

Bank of New York Mellon (BK) – Get Report shares fell on Wednesday after the banking company reported declines in fourth-quarter earnings and revenue that stemmed from low interest rates. Net income fell to $755 million, or 79 cents a […]

Industries, Others

U.S. real estate in 4 charts: Where buying a home is more affordable than renting right now

January 19, 2021

Via: Fortune

The U.S. is a tale of two real estate markets right now. In two-thirds of the country, buying a home is more affordable than renting. But the opposite is true in the most populous metropolitan areas. That’s according to ATTOM […]