Federal unemployment benefits don’t appear to have been a big contributor to labor shortages in 2021, according to the Federal Reserve Bank of San Francisco.
Schlagwort-Archiv: CNBC
Fintech giant Stripe jumps into crypto with a feature that lets Twitter users get paid in stablecoin
It’s Stripe’s first significant push into crypto since dropping support for bitcoin four years ago.
Sanctions threaten to cripple Russia’s multibillion-dollar crypto industry
Russia is the world’s third-biggest bitcoin mining hub, according to Cambridge University data.
Stocks making the biggest moves premarket: American Express, Verizon, Kimberly-Clark and more
These are the stocks posting the largest moves before the bell.
Digital banks aren’t doing enough to tackle financial crime, UK regulator warns
The U.K.’s Financial Conduct Authority warned that some challenger banks are failing to adequately assess the risk of financial crime when onboarding customers.
Gap stock slides 20% after cutting sales guidance; CEO of Old Navy division to leave
A snarled supply chain has been particularly hard on its Old Navy division, which targets a lower-income consumer.
Many factory workers in Shanghai can’t get back to work, even after Covid controls ease
Nearly a month since Covid restrictions began in earnest in Shanghai, foreign businesses say that less than half of their employees are able to return to work.
Snap reports ‘challenging’ quarter that missed sales and profit estimates
Snap reported first-quarter results on Thursday after the bell.
Crypto exchange Binance removes Twitter emoji that resembled a swastika after outcry
„Well that was obviously really embarrassing,“ the company wrote on Twitter.
Stocks making the biggest moves premarket: American Airlines, Blackstone, AT&T and more
These are the stocks posting the largest moves before the bell.