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PayPal Praised by Analysts After Stronger-Than-Expected Earnings

May 6, 2021

PayPal (PYPL) – Get Report shares wavered on Thursday after analysts reacted positively to the financial-services titan’s stronger-than-expected earnings for the first quarter. The San Jose, Calif., company reported what it said was the strongest first quarter in its 23-year […]


Fed holds key interest rate near zero, vows to maintain it until inflation tops 2% ‘for some time’ despite vibrant economy

April 28, 2021

WASHINGTON – The Federal Reserve is keeping its ultra-low interest rate policies in place, a sign that it wants to see more evidence of a strengthening economic recovery before it would consider easing its support. In a statement Wednesday, the […]


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 […]


News

Stocks making the biggest moves in the premarket: Beyond Meat, Peloton, Roku & more

May 7, 2021

Via: CNBC

Beyond Meat (BYND) – Beyond Meat lost 42 cents per share for the first quarter, more than double the 19 cents per share loss that analysts had expected. Revenue also missed forecasts, with the company saying the pandemic has dampened […]


News

The economy added just 266,000 jobs in April even as states eased COVID restrictions and vaccinations rose

May 7, 2021

Via: USA TODAY

Employers added a disappointing 266,000 jobs in April even as the number of new COVID-19 cases stayed low, more states lifted constraints and vaccinations accelerated. The gains fell well short of projections in a recovery that’s expected to gather force […]


News

Jobless claims tumble below 500,000 in another sign the labor market is getting closer to pre-pandemic levels

May 6, 2021

Via: CNBC

The U.S. employment picture improved sharply last week, with first-time claims for unemployment insurance dipping below 500,000 for the first time since the pandemic crisis. Initial claims totaled 498,000 for the week ended May 1, against the Dow Jones estimate […]