The unemployment rate, typically a measure of financial hardship, fell to 10.2% in July.
Schlagwort-Archiv: CNBC
Stocks making the biggest moves midday: FedEx, T-Mobile, Uber & more
Check out the companies making headlines in midday trading.
Here’s what happened to the stock market on Friday
The Dow and S&P 500 eked out their sixth straight gains as a strong jobs report outweighed U.S.-China tensions and concerns about a new fiscal stimulus package.
Buffett buys back record $5.1 billion in Berkshire stock as coronavirus hits operating earnings
Berkshire announced it bought $5.1 billion of its own shares during the second quarter as the pandemic dented the conglomerate’s operations.
UK digital bank Starling’s losses doubled in 2019 — but it expects to break even this year
The app-based bank said it had seen lending activity spike thanks to the U.K. government’s emergency coronavirus financing schemes.
Stocks making the biggest moves in the premarket: TripAdvisor, T-Mobile US, FedEx, Uber & more
The stocks making the biggest moves in premarket trading include TripAdvisor, T-Mobile US, FedEx, Uber, and more.
Goldman names new head of digital assets in bet that blockchain is the future of financial markets
The appointment of Mathew McDermott means the newest face of blockchain and cryptocurrency on Wall Street isn’t a starry-eyed bitcoin evangelist, but a 46-year-old veteran of old-school financing markets.
Goldman Sachs cuts quarterly earnings, citing legal provisions relating to the 1MDB scandal
Goldman Sachs on Friday lowered its previously stated quarterly net earnings applicable to common shareholders to $197 million from $2.25 billion.
‚Stars are aligned against the dollar,‘ top currency strategist warns
Brown Brothers Harriman’s Win Thin expects the dollar to bottom later this year.
Fintech funding in Asia failed to rebound in the second quarter, report says
Fintech companies in Asia saw their capital raise fall around 37% from $2.56 billion in the first quarter to $1.62 billion in the second, a CB Insights report said.