A better-than-expected jobs report for July shows the economy may soon be ready to run with reduced support from the Federal Reserve. Data from the U.S. Bureau of Labor Statistics released Friday morning showed 943,000 non-farm payroll gains last month, with the unemployment rate falling to 5.4%. The economy continues to inch closer to pre-pandemic shape. In the depths of the economic shutdown, employment levels dropped by as much as 22.4 million. As of July 2021, the economy appeared to… Source link
Read More »Stock futures hold near records ahead of July jobs report
Stock futures opened slightly lower Thursday evening ahead of a key labor market report, which is set to offer a fuller picture of the labor market’s recovery and help inform the next moves for monetary policymakers. Contracts on the S&P 500 were flat to down slightly as the overnight session kicked off. The blue-chip index closed at a record high on Thursday, shaking off declines from a day earlier. The Dow and Nasdaq also ended in positive territory. For investors, all eyes on Friday… Source link
Read More »GoldenTree Adds Bitcoin to Its Balance Sheet: Report – Yahoo Finance
Variety What’s Coming to Disney Plus in August 2021 In August, Disney Plus is bringing new episodes of freshman series such as “Chip ‘n’ Dale,” “Monsters at Work” and “Turner & Hooch” to the streaming service. The streamer will also have some throwback movies like “Beverly Hills Chihuahua” series, “Mrs. Doubtfire,” “Aquamarine” and “Eragon.” The first-ever animated Marvel Cinematic Universe series, “What If?,” will […] Source link
Read More »US stock market slips but Apple, Google, and Microsoft report big earnings – Fortune
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Read More »Alibaba Group Announces Filing of Annual Report on Form 20-F for Fiscal Year 2021
HANGZHOU, China, July 27, 2021–(BUSINESS WIRE)–Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988) today announced that it filed its annual report on Form 20-F for the fiscal year ended March 31, 2021. The annual report can be accessed under the SEC Filing section on the Company’s investor relations website at https://www.alibabagroup.com/en/ir/secfilings. The Company will provide a hard copy of its annual report containing the audited consolidated financial statements, free of… Source link
Read More »Amazon denies report of accepting bitcoin as payment
(Reuters) – Amazon.com Inc on Monday denied a media report saying the e-commerce giant was looking to accept bitcoin payments by the end of the year. The report https://bit.ly/3xb6orM from London’s City A.M. newspaper, citing an unnamed “insider”, sent the world’s biggest cryptocurrency up as much as 14.5% before it trimmed gains to last trade 6% higher at $37,684.04. “Notwithstanding our interest in the space, the speculation that has ensued around our specific plans for cryptocurrencies is… Source link
Read More »Vietnam PM Asks Central Bank to Study, Crypto, Pursue Pilot Implementation: Report – Yahoo Finance
The New York Times A Fourth of July Symbol of Unity That May No Longer Unite SOUTHOLD, N.Y. — The American flag flies in paint on the side of Peter Treiber Jr.’s potato truck, a local landmark parked permanently on County Route 48, doing little more, he thought, than drawing attention to his family’s farm. Until he tried to sell his produce. At a local greenmarket where he sells things such as wild bergamot, honey and sunflowers, he had trouble striking a deal until, he said, he let his… Source link
Read More »Google’s latest diversity report shows jump in departures among women of color
Google’s latest diversity report shows that despite some gains in the number of Black employees, the company is lagging in its goal to double the number of Black workers by 2025. And the search giant is having particular difficulty retaining women of color, the report released Thursday (pdf) shows. Google uses a scale it calls an attrition index, with the number 100 used as a benchmark. The attrition figure for Black women on that index rose from 110 in 2020 to 146 in 2021, the report… Source link
Read More »DHS report warns of possible 4th of July militia gathering in Washington, D.C.
WASHINGTON — The Department of Homeland Security is warning of a possible violent militia rally on July 4 in Washington, D.C., according to a law enforcement document obtained by Yahoo News. The report, dated July 1 and produced by the Department of Homeland Security’s Office of Intelligence and Analysis, says that FBI reporting indicates that suspected violent extremists may be planning to attend a large public gathering for the July 4 holiday on Capitol Hill. As of mid-June, a private… Source link
Read More »Stock futures drift lower ahead of June jobs report
Stock futures opened TK Thursday evening as investors looked ahead to a key report on the U.S. labor market recovery. Contracts on the S&P 500 TK after the blue-chip index set an all-time high during Thursday’s session, kicking off the start of the third quarter on a high note. Both the Nasdaq and Dow also closed out Thursday’s session higher. On Friday, investors will receive the U.S. Labor Department’s June jobs report, the central economic data point coming out this week. The print is… Source link
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