US weekly jobless claims rise to a five-month high
The number of Americans filing for jobless claims rose to a five-month high last week, but this is unlikely to signal a shift in labor market conditions as claims for a number of states were […]
The number of Americans filing for jobless claims rose to a five-month high last week, but this is unlikely to signal a shift in labor market conditions as claims for a number of states were […]
Chinese e-commerce giant Alibaba managed to break the record for the largest sales in Singles day. The total value of merchandise (GMV), a figure that shows sales across Alibaba’s various shopping platforms, exceeded $30.5 billion […]
Gold prices have recorded their biggest weekly loss in more than two years, especially with the emergence of market satisfaction from the progress of trade talks between the two most important economies in the world, […]
Jack Ma, founder of Alibaba Group, topped Forbes’s list of China’s richest people for the second year in a row in 2019. Jack Ma, who resigned as chairman of the China Technology Corporation in September, […]
Dow Jones Industrial Average futures was up 22 points after the 30-share measure hit another record high on Tuesday. Stock futures on the S&P 500 and Nasdaq were only little changed. Investors are waiting for […]
The number of Americans filing for jobless claims was slightly higher than expected last week, but the trend in claims remained consistent with strong labor market conditions. Initial claims for government unemployment benefits rose 5,000 […]
The Federal Reserve is slashing its benchmark interest rate on Wednesday for the third time this year to help sustain US economic expansion in the face of widespread trade tensions and slowing global growth. But […]
Global equity markets, especially in Asia and Europe, will open upward on Monday after China and the United States are close to finalizing a deal. The performance of US stock markets improved after the announcement […]
Amazon’s founder is close to losing his place as the world’s richest man to Microsoft founder Bill Gates. This comes as Amazon shares fell late on Thursday. Shares in the world’s largest retailer fell 8.1 […]
Shares of electric car-makers Tesla rose 20 percent late on Wednesday, after investors were pleasantly surprised in the company’s quarterly earnings report. Major projects delivered ahead of schedule also contributed significantly to the company’s positive […]
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