New weekly unemployment claims retreated only slightly from last week’s elevated level as the coronavirus pandemic continued to grip the U.S. economy. The Department of Labor released its weekly report on new jobless claims Thursday morning at 8:30 a.m. ET. Here were the main results from the report, compared to consensus estimates compiled by Bloomberg: Initial jobless claims, week ended Jan. 16: 900,000 vs. 935,000 expected and a revised 926,000 during the prior week Continuing claims, week… Source link
Read More »Another 965,000 Americans filed new unemployment claims last week
New weekly unemployment claims spiked far more than expected last week to reach a five-month high, as the coronavirus pandemic and stay-in-place orders weighed heavily on the labor market. The U.S. Department of Labor released its weekly report on new jobless claims Thursday morning at 8:30 a.m. ET. Here were the main results in the report, compared to consensus estimates compiled by Bloomberg: Initial jobless claims, week ended Jan. 9: 965,000 vs. 789,000 expected and a revised 784,000 during… Source link
Read More »‘Black-ish’ star Anthony Anderson wants to help Americans with their finances
TipRanks 2 Stocks That Are Flirting With a Bottom; Analysts Say ‘Buy’ The stock market closed out the first week of 2021 on a positive note, with all three major indexes hitting new record high levels. The gains come as investors are feeling confident. The COVID vaccines coming available and, according to U.S. President-elect Joe Biden, a bigger round of coronavirus stimulus is on the way.But even in a rising market, it’s still possible to find some stocks that haven’t yet joined in… Source link
Read More »Jobless claims: Another 787,000 Americans filed new unemployment claims last week – Yahoo Finance
TipRanks 3 Big Dividend Stocks Yielding Over 7%; Raymond James Says ‘Buy’ Wall Street’s investment firms are burning the midnight oil as we approach the end of 2020, publishing their year-end notes and their New Year prognostications, both for investors’ edification. There is the obvious point: we’re in a moment of rising markets, and investor sentiment is riding high now that the election is settled and COVID vaccines have emergency approval and are getting into the distribution… Source link
Read More »Millions of Americans lose jobless benefits as $900B relief bill sits on President Trump’s desk
The Telegraph The Brexit Deal gutted: What are the good and bad bits for Britain? Fishing What was agreed The fishing industry will enter a five-and-a-half year transition period, during which the EU will give back 25 per cent of the value of its catch in UK waters. After that period, fishing rights in UK waters will be subject to an annual negotiation process, which must be concluded by December 10 in preparation for the next year. What the Government says: UK officials accepted “fisheries… Source link
Read More »Another 803,000 Americans filed new unemployment claims last week
TipRanks J.P. Morgan: 2 Cruise Line Stocks to Bet on (And 1 to Avoid) The coronavirus pandemic crisis shows no signs of abating, even with a vaccine coming on to the markets. We’re still facing severe social lockdown policies, with a number of states (such as California, Minnesota, and Michigan) forcing even harsher restrictions on this round than previously.It’s a heavy blow for the leisure industry that is still reeling from one of the most difficult years in memory. The difficulties… Source link
Read More »The new stimulus deal includes 6 tax breaks that could help Americans
TipRanks J.P. Morgan: 2 Cruise Line Stocks to Bet on (And 1 to Avoid) The coronavirus pandemic crisis shows no signs of abating, even with a vaccine coming on to the markets. We’re still facing severe social lockdown policies, with a number of states (such as California, Minnesota, and Michigan) forcing even harsher restrictions on this round than previously.It’s a heavy blow for the leisure industry that is still reeling from one of the most difficult years in memory. The difficulties… Source link
Read More »Another 815,000 Americans likely filed new unemployment claims last week
TipRanks 3 “Strong Buy” Stocks That Are Still Undervalued After a year that most of us want to forget, 2021 is shaping up to start with stability and an even keel. The election is safely behind us, the new Biden Administration promises a ‘no drama’ approach, a closely divided and hyper-partisan Congress is unlikely to enact any sweeping legislation, reform or otherwise, and COVID vaccines are ready for distribution. It’s a recipe for a calm news cycle.Which makes it a perfect time to… Source link
Read More »Michael Jordan, LeBron James top list of athletes who could compel Americans to get COVID-19 vaccine
LeBron James #23 of the Los Angeles Lakers warms up prior to the start of the game against the Miami Heat in Game Six of the 2020 NBA Finals at AdventHealth Arena at the ESPN Wide World Of Sports Complex on October 11, 2020 in Lake Buena Vista, Florida. (Photo by Douglas P. DeFelice/Getty Images) The U.S. began rolling out the first COVID-19 vaccine this week, from Pfizer and BioNTech, while the FDA weighs approval of the Moderna vaccine. The next challenge is to get the majority of Americans… Source link
Read More »Most Americans want stimulus checks, reject GOP’s ‘red line’ on liability protections, poll shows
While Congress remains gridlocked on the next relief deal, Americans know what they want: A second round of stimulus checks, please. Liability protections and student loan forbearance can wait. Two in three Americans said stimulus checks were the most important provision of the next relief deal, according to the latest Yahoo Finance-Harris Poll of 2,027 people, while fewer than 1 in 4 (23%) support the liability protection for businesses and only 1 in 5 back student loan payment… Source link
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