Roughly 6% of workers collecting unemployment insurance from their state didn’t get the $300 weekly aid because they fell below the $100-a-week threshold, according to an initial estimate from Eliza Forsythe, a labor economist and assistant professor at the University of Illinois.
Schlagwort-Archiv: Financial
Stocks making the biggest moves in the premarket: Procter & Gamble, Travelers, Logitech & more
The stocks making the biggest moves in premarket trading include Procter & Gamble, Travelers, Logitech, and more.
Inflation comeback may force Fed to abandon easy money policy much sooner than intended, Wall Street forecaster Jim Bianco warns
Bianco Research’s James Bianco warns the economic backdrop could push the Federal Reserve to tighten and upset the stock market.
UBS reports its best third quarter for a decade, with a 99% hike in net profit
The world’s largest wealth manager, UBS, reported a jump in net income to $2.1 billion for the third quarter, beating analyst expectations.
IBM reports third straight quarter of revenue declines
Revenue declines have returned under new IBM CEO Arvind Krishna as he seeks to sell off part of the company’s largest business segment.
Procter & Gamble beats estimates as sales jump 9%, raises forecast amid strong demand
Procter & Gamble now expects sales growth of 3% to 4% during fiscal 2021, up from its prior forecast of 1% to 3%.
Acorns partners with ZipRecruiter to launch a job portal within the finance app
Acorns announced a partnership with online job market ZipRecruiter on Monday, which allows clients to browse and apply for jobs within the app.
Watch Fed Chair Jerome Powell speak live to the International Monetary Fund
Powell’s remarks are part of a session on „Cross-Border Payments and Digital Currencies.“
European banks are set for a better earnings season as bad loan payouts stabilize
With European banks gearing up to report third-quarter earnings, analysts are expecting sharp reductions in loan loss provisions to drive a fragile stabilization.
Stocks making the biggest moves in the premarket: Concho Resources, Halliburton, AstraZeneca & more
The stocks making the biggest moves in premarket trading include Concho Resources, Halliburton, AstraZeneca, and more.