Tag Archives: prior

Chinese President Xi Jinping.Kevin Frayer/Getty Images Reuters reported that China told state-owned banks to get ready to sell dollars and buy yuan in an effort to prop up the local currency. The move could stem the yuan’s fall, as it remains on track for its largest annual loss against the dollar since 1994. A hawkish Fed has pushed the dollar to 20-year highs this year, pressuring currencies around the world. The People’s Bank of China has told major state-run banks to prepare to shed dollar… Source link

Construction on Google’s expanding campus in Kirkland (Google photo) The pandemic may have disrupted hiring patterns in tech, and pushed some workers out of coastal metro areas. But Google still is growing fast in Washington state, according to a new economic analysis released by the search giant today. According to the report, Google now employs more than 7,200 full time workers in Washington state, most of whom are based in engineering centers in Seattle and… Source link

With the NBA playoffs days away, TNT and longtime analyst Chris Webber have reportedly parted ways.  The New York Post reports that Webber and the network agreed to a split on Thursday. The two sides did not conduct negotiations on a new contract leading up to the split, according to the report.  Webber had worked as a color commentator and occasional studio analyst at TNT since 2008. He joined the network shortly after the conclusion of his 15-season NBA career.  Chris Webber is reportedly… Source link

New weekly jobless claims dropped from the prior week’s upwardly revised level to a fresh pandemic-era low last week, with the accelerating pace of COVID-19 vaccinations in the U.S. helping support the labor market’s recovery.  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 April 24: 553,000 vs. 540,000 expected… Source link