Jobless claims unexpectedly rose last week as the coronavirus pandemic continues to pressure the economy while lawmakers struggle to push through new government aid, the Labor Department said Thursday. The number of first-time unemployment-benefits filers totaled 885,000 in the week ending Dec. 12, the most since the week of Sept. 5. Economists polled by Dow
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A FedEx worker unloads packages from his delivery truck on March 31, 2020 in Washington, DC. Drew Angerer | Getty Images News FedEx generated better-than-expected profits and revenue during its most recent quarter as the coronavirus pandemic continues to bolster high volume of U.S. and international package deliveries, the company said Thursday. The package delivery
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Published on 17 December 2020 from Prime Minister’s Office, 10 Downing Street, the UK government has released a statement which stresses that ”the situation in (our) talks with the EU is very serious tonight. progress seems blocked and time is running out. Full official  statement  The Prime Minister spoke to Commission President Ursula von der Leyen this
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S&P trades at a new record high The major indices are opening with gains of about 0.5% to 0.6% across the board (while the NASDAQ is currently up 0.68%). A snapshot of the major indices currently shows: S&P index up 21.28 points or 0.57% at 3722.45 NASDAQ index up 84.73 points or 0.67% at 12742.92 Dow up
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United States-bases stablecoin operator Paxos has raised $142 million in fresh funding from investors including PayPal and Mithril Capital. The stablecoin issuer announced the news on Thursday. U.S. investment firm Declaration Partners, backed by billionaire David M. Rubenstein, led the funding round with other participants including RIT Capital Partners plc., Ken Moelis, Alua Capital, and
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Gold prices rose Rs 194 to Rs 49,455 per 10 gram in the national capital on Thursday, tracking firm overseas trend, according to HDFC Securities. In the previous trade, the precious metal had closed at Rs 49,261 per 10 gram. Silver prices also gained Rs 1,184 to Rs 66,969 per kilogram from Rs 65,785 per
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Dollar’s decline continues in Asian session today, with mild risk-on markets in the background. FOMC rate decision overnight triggered little reactions in the markets, and the greenback holds on to the near term trajectory. Sterling is currently the strongest one, awaiting BoE rate decision, and more news regarding Brexit trade talks. New Zealand Dollar is
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