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US jobless claims fall to 547,000, another pandemic low

April 22, 2021

Category: News

WASHINGTON — The number of Americans applying for unemployment aid fell last week to 547,000, the lowest point since the pandemic struck and an encouraging sign that layoffs are slowing on the strength of an improving job market. The Labor […]


The auto industry ‘has to move’ on electrification as consumers become more conscious, Nissan CEO says

April 14, 2021

Via: CNBC

Sustainability has made its way onto the dashboard of many company executives, and the money is set to follow — particularly in the electric vehicle space, if investment trends and research and development commitments are anything to go by. “ESG […]


Payments industry faces potential ‘destructive attacks,’ Biden cybersecurity official warns

April 8, 2021

When it comes to safeguarding the U.S. payments system, the Biden administration is keenly focused on ransomware and infrastructure threats, a top cybersecurity official from the United States Department of Homeland Security (DHS) told an industry trade group yesterday. Eric […]


Finance Tech, Trading

When the bull market in stocks will end, according to S&P 500 history

April 19, 2021

Via: CNBC

Bull markets don’t die of old age, as investors have been often reminded during this most recent one, but how long on average do they live? Investors who consult the historical S&P 500 chart will find a technical answer to […]


Industries, Retail & Wholesale

GameStop shares jump after CEO steps down, ‘Roaring Kitty’ raises stake

April 19, 2021

Via: CNBC

GameStop rallied on Monday after the brick-and-mortar video game retailer announced its succession plan as it seeks to pivot to e-commerce following a historic Reddit-fueled short squeeze earlier this year. Shares of GameStop jumped more than 8% to around $167 […]


News

Americans Faced Less Financial Hardship in 2020 Than Before the Pandemic—But That May Not Last

April 19, 2021

Via: Time

For good or bad, the pandemic’s economic forces reshaped Americans’ personal finances over the last year. Everyday expenses including commuting fares, daycare and leisure activities like travel and dining out dropped off family budgets. At the same time, millions of […]