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U.S. states saw the fewest new unemployment claims since March 2020 last week, with initial filings down for a sixth straight week as economic activity picked up further.  The Department of Labor released its weekly report on new jobless claims on Thursday at 8:30 a.m. ET. Here were the main metrics from the report, compared to consensus data compiled by Bloomberg: Initial jobless claims, week ended June 5: 376,000 vs. 370,000 expected and an unrevised 385,000 last week  Continuing claims,… Source link

TipRanks Coinbase: There’s a New Bear in Town It’s hard to tell in which direction the cryptocurrency space is heading. There has been a lot of bearish sentiment recently, and momentum has seemingly stalled. Nevertheless, the recent news that Bitcoin has been adopted as legal tender in El Salvador is big news and could be the catalyst for the bull market to resume. Which should be good news for the various companies operating in the crypto ecosystem, not least, the leading exchange… Source link

Facing regulatory and political pressure, Facebook and Alphabet Inc’s Google in recent years committed a combined $600 million to support news outlets globally – many of them local or regional enterprises foundering in a digital age. Thousands of media outlets received financial and other support for everything from fact checking and reporting to training, according to the tech giants’ announcements. Some publishers express gratitude for contributions they say are essential as advertising… Source link

(Bloomberg) — Bitcoin’s recent bounce has yet to dispel doubts about its vulnerability following a rout in May. The cryptocurrency has jumped about 14% over two days and was trading at $38,295 as of 11:05 a.m. in London on Thursday. While the momentum may cheer bulls, a JPMorgan Chase & Co. team said backwardation in a part of the futures market — where the spot price is above futures prices — is reason for caution. “We believe that the return to backwardation in recent weeks has been a… Source link

For many years, the vicious cycle has spun: Websites solicit lurid, unverified complaints about supposed cheaters, sexual predators, deadbeats and scammers. People slander their enemies. The anonymous posts appear high in Google results for the names of victims. Then the websites charge the victims thousands of dollars to take the posts down. This circle of slander has been lucrative for the websites and associated middlemen — and devastating for victims. Now Google is trying to break the… Source link

For many years, the vicious cycle has spun: Websites solicit lurid, unverified complaints about supposed cheaters, sexual predators, deadbeats and scammers. People slander their enemies. The anonymous posts appear high in Google results for the names of victims. Then the websites charge the victims thousands of dollars to take the posts down. This circle of slander has been lucrative for the websites and associated middlemen — and devastating for victims. Now Google is trying to break the… Source link

The App is Back! Don’t forget to download the NBC Sports EDGE app to receive real-time player news, mobile alerts and track your favorite players. Plus, now you can check out articles and player cards. Get it here! The Mets absolutely teed off on Matt Harvey and the Orioles on Wednesday in Baltimore. The day after Pete Alonso had his first multi-homer game of the season, Billy McKinney and Kevin Pillar joined in with two homers themselves. Facing an old familiar face in Harvey, Alonso got… Source link

UNIONDALE, N.Y. — For the second time in two weeks, fans inside Nassau Coliseum watched their team close out a playoff series. The Islanders eliminated the Bruins in Game 6 Wednesday with a 6-2 victory. They will now play the Tampa Bay Lightning in the Stanley Cup Semifinals for the second consecutive postseason. Brock Nelson scored twice and Kyle Palmieri netted his seventh of the playoffs during a second period that spun the game in New York’s favor. The Islanders pounced on three… Source link

There’s never a right person to hit in the knee with a baseball bat on an MLB field, but a person you definitely don’t want to hit is the reigning American League MVP. And yet, we got what happened during Wednesday’s Chicago White Sox game, which saw a brief scare when home plate umpire Erich Bacchus attempted to clear away a bat before a play at the plate. Unfortunately, Bacchus tossed the bat without seeing White Sox star Jose Abreu running behind him: Abreu, who had been on deck for the… Source link

A ship lays down a Google undersea cable Google Google is building a new subsea cable to shuttle… Source link