Top

Tag: Finance


Finance Tech, Trading

How major US stock indexes fared Tuesday

January 13, 2021

Via: ABC News

Stocks shook off a midday slide and ended with modest gains Tuesday, leaving the major indexes close to their recent all-time highs. Small-company stocks continued to outpace the rest of the market by a wide margin, a sign that investors […]


Finance Tech, Trading

Stocks making the biggest moves after hours: Urban Outfitters, KB Home, Repay Holdings & more

January 12, 2021

Via: CNBC

Urban Outfitters — Shares of the retailer slid more than 11% after Urban Outfitters said net sales for the two months ended Dec. 31 fell 8.4% year over year. The company also announced that CEO Trish Donnelly will depart at […]


News

Economy loses 140,000 jobs in December as unemployment holds at 6.7% amid COVID-19 spikes

January 8, 2021

Via: USA TODAY

U.S. employers shed 140,000 jobs in December amid COVID-19 surges and new business constraints, closing out a dismal year with the first payroll losses since the pandemic upended the economy last spring. Restaurants and bars hemorrhaged jobs, and the report […]


Financial Services, Industries

Bank of America, Banking Stocks Rise on Possibility of Democratic Senate Majority

January 6, 2021

Via: TheStreet

Banking stocks were rising Wednesday as Democratic challenger Raphael Warnock beat the Republican incumbent, Kelly Loeffler, in Georgia, opening up the possibility of a Democratic takeover of the U.S. Senate. Shares of JPMorgan Chase & Co. (JPM) – Get Report […]


Education, Industries

What a Democratic-controlled Congress could mean for higher ed

January 6, 2021

Via: Education Dive

Democrats secured control in Congress after winning dual Senate runoff races in Georgia this week. Although the margin of their advantage is slim, it has some progressives hopeful that the majorities, along with the Biden administration, could deliver on postsecondary […]


Energy, Industries

Oil pulls back, but on track for 10% weekly rise as Hurricane Delta bears down on U.S. Gulf Coast

October 9, 2020

Via: Market Watch

Oil futures lost ground early Friday, but the U.S. benchmark remains on track for a 10% weekly advance as Hurricane Delta nears landfall on the U.S. Gulf Coast and a strike curtails a large chunk of Norway’s crude output. Oil […]


Finance Tech, Trading

Traders are confused by the stimulus back-and-forth and have their doubts about the market gains

October 9, 2020

Via: CNBC

Some are calling it “a la carte stimulus,” with aid for airlines in Column A, PPP aid in Column B. Whatever it is, hopes for stimulus — preelection, postelection, comprehensive package, stand-alone deal, whatever and whenever — is supporting breakouts […]


Finance Tech, Liquidity

Metals Stocks: Gold settles higher on renewed prospects for another round of U.S. stimulus

October 8, 2020

Via: Market Watch

Gold rose Thursday to stage a partial rebound from a more than one-week low a day earlier, buoyed by optimism over the renewed prospects for some sort of U.S fiscal stimulus. Prices held onto their gains after data on Thursday […]


Finance Tech, Trading

Stocks making the biggest moves in the premarket: IBM, Eaton Vance, Domino’s Pizza, Coty & more

October 8, 2020

Via: CNBC

IBM (IBM) – IBM said it would spin off the managed infrastructure services unit of its global technology services division into a separate public company, to allow it to focus on its hybrid cloud growth strategy. The spin-off will be […]


News

Congress just finished its Big Tech antitrust report — now it’s time to rewrite the laws

October 7, 2020

Via: NBC News

House Democrats unveiled their nearly 450-page antitrust report Tuesday finding Amazon, Apple, Facebook and Google each hold monopoly power and, in some cases, should have parts of their businesses effectively broken up. Now, the real work begins. Lawmakers are charged […]