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Tag: Featured


Industries, News, Others

Alaska to join Florida in suing the CDC for its ‘job-killing’ pause on the US cruise industry

April 21, 2021

Via: Markets Insider

Alaska Gov. Mike Dunleavy announced on April 20 that Alaska will be joining Florida in suing the US Centers for Disease Control and Prevention to bring cruising back. The CDC has maintained its pause on the cruise industry – via […]


News

Businesses scramble for help as job openings go unfilled

April 21, 2021

Via: ABC News

NEW YORK — It looks like something to celebrate: small businesses posting “Help Wanted” signs as the economy edges toward normalcy. Instead, businesses are having trouble filling the jobs, which in turn hurts their ability to keep up with demand […]


News

Biden OKs more foreign seasonal workers as economy improves

April 20, 2021

Via: ABC News

President Joe Biden’s administration announced an increase Tuesday in the number of temporary seasonal workers who will be allowed to work in the U.S. this year as the U.S. economy recovers from the pandemic. The Department of Homeland Security said […]


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 […]


Financial Services, Industries

Goldman Sachs reports record results that top the Street amid booming investment banking

April 14, 2021

Via: CNBC

Goldman Sachs on Wednesday blew past analysts’ expectations with record first-quarter net profits and revenues on strong performance from the firm’s investment banking and trading businesses. The bank posted per-share earnings of $18.60, crushing the $10.22 estimate of analysts surveyed […]


Finance Tech, Liquidity

Bitcoin hits new all-time high above $63,000 ahead of Coinbase debut

April 13, 2021

Via: CNBC

Bitcoin surged to a fresh record high of more than $63,000 on Tuesday, as investors awaited the highly-anticipated stock market debut of cryptocurrency exchange Coinbase. The price of bitcoin climbed as high as $63,236, according to data from Coin Metrics, […]


Energy, Industries

Consumer prices rise more than expected, pushed by 9.1% jump in gasoline

April 13, 2021

Via: CNBC

Consumer prices shot higher in March, given a boost by a strong economic recovery and year-over-year comparisons to a time when the Covid-19 pandemic was about to throttle the U.S. economy, the Labor Department reported Tuesday. The consumer price index […]


Industries, Others

‘When is the housing market going to crash?’ is a red hot search on Google – here’s why

April 13, 2021

Via: CNBC

The housing market has been white hot for the past year, thanks to the stay at home and work from anywhere culture of the coronavirus pandemic. But there is increasing concern among consumers that housing is experiencing a price bubble […]


News

Biden likely to cut about $700 billion from his infrastructure plan in compromise, Goldman says

April 12, 2021

Via: Markets Insider

President Joe Biden probably won’t get everything on his economic-recovery wish list, Goldman Sachs economists said Sunday. Despite passing $1.9 trillion in new stimulus just one month ago, the White House is already prepping another massive spending effort. The president […]