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: Palantir co-founder Stephen Cohen makes over $50 million from stock trades
Palantir Technologies Inc. co-Founder Stephen Cohen has netted more than $50 million from trading the data integration and software company's stock, as he flipped the 2 million shares he acquired for nothing through equity grants......»»
Economic Report: Hiring sank in December to cap off worst year for U.S. labor market since 2009
Businesses sharply cut back on the number of people they hired at the end of 2020, a new survey shows, with most of the decline at restaurants, hotels and other companies hurt most by the coronavirus. The U.S. lost a net 5.5 million jobs in 2020......»»
CBO report finds $15 minimum wage increase would lower poverty levels but reduce jobs by 1.4 million
Congress is divided over .....»»
S&P 500, Nasdaq close at record highs as $1.9 trillion stimulus package works its way through Congress
US stocks closed at record highs as a stronger than expected jobs report sets the stage for a swift passage of President Biden's stimulus proposal. Trader works at the New York Stock Exchange Reuters US stocks gained on Friday, with the S&P.....»»
Bond Report: Treasury yields rise, but off session highs after insipid U.S. jobs data
Treasury yields came off their session highs on Friday after disappointing U.S. labor-market data eased some of the pressure on government bonds......»»
BP lost $5.7 billion in 2020, its first annual loss in 10 years, as oil and gas demand slumped during the pandemic
BP reported a profit of $115 million in the last quarter of 2020, falling short of analysts' estimates. BP gas station in SOUTHGATE, MICHIGAN Gregory Shamus/Getty Images BP report.....»»
Silver Lake, a major investor in AMC Entertainment, just sold all of its shares for a $113 million profit
After Reddit trader.....»»
Hawaii visitor arrivals fell to 2.7 million for 2020 amid Covid-19
Hawaii visitor arrivals were down 73.8% in 2020 compared to 2019 levels, according to year-end data released Thursday by Hawaii Tourism Authority. According to the Hawaii Visitor Statistics Report, a total of about 2.7 million visitors arrived in.....»»
: This U.S. state has the most cities with the best-paid jobs — with one big catch
U.S. News and World Report released the list this week after reviewing Bureau of Labor Statistics salary data......»»
Economic Report: Restaurants lose 372,000 jobs in another crushing blow from the coronavirus across U.S.
Bars and restaurants got crushed again in December after the biggest coronavirus outbreak yet. Eating and drinking establishments lost 372,000 jobs last month, marking the first decline since April when they laid off a whopping 5.4 million people......»»
Economic Report: U.S. private sector lost 123,000 jobs in December, first decline in 8 months
The U.S. private sector lost 123,000 jobs in December, the first decline since April, according to ADP data released Wednesday......»»
81 million jobs lost in Asia-Pacific amid COVID-19, says ILO
The coronavirus pandemic has taken a heavy toll on the job market in the Asia-Pacific region, with an estimated 81 million jobs lost in 2020, according to a new report from the Intenational Labor Organization (ILO)......»»
Opioid industry paid non-profit groups $65 million to boost pill sales, Senate report finds
Key players in the nation’s .....»»
NewsWatch: Dow marks sharpest intraday comeback in 2 months, partly powered by a rally in battered banks
The Dow staged the biggest turnaround in about two months on Thursday, as investors overlooked data that showed 2.9 million Americans lost jobs last week, bringing the total unemployed to about 36.5 million since COVID-19 pandemic began......»»
Economic Report: Almost 37 million Americans have applied for jobless benefits, but it appears less than two-thirds are getting them
We still don’t know how many Americans are getting unemployment benefits after losing their jobs in the coronavirus crisis, but it’s probably fewer than two-thirds of the nearly 37 million who have applied......»»
Market Snapshot: Dow attempts major comeback, up over 200 points as AmEx and UnitedHealth shares rally
U.S. stocks pare big early losses to trade higher on Thursday, as investors parse data that showed 2.9 million Americans lost jobs last week, bringing the total unemployed to about 36 million since COVID-19 pandemic began......»»
Dow skids over 400 points lower, relinquishes perch above 23,000 Thursday morning as total unemployed in America hits 36.5 million
U.S. stock indexes traded firmly lower Thursday morning after data showed nearly 3 million Americans lost jobs last week, down slightly from the prior week, meaning that about 36.5 million jobs have been lost to .....»»
Market Snapshot: Stocks slump at the open as 36 million jobs vanish in wake of coronavirus, Trump turns hawkish on China
U.S. stock-index futures traded sharply lower Thursday after data showed nearly another 3 million Americans lost jobs last week, down slightly from the prior week, but it still means about 36 million jobs have been lost to the COVID-19 pandemic......»»
U.S. March, April job losses revised higher
The U.S. economy lost a record 20.537 million jobs in April and not 20.5 million as reported last Friday, according to revised data published by the Labor Department this week......»»
After a horrific month in which nearly 21 million Americans lost their jobs, why is the stock market still going up?
Lucas Jackson/Reuters Friday's jobs report showed that more than 20 million Americans lost their j.....»»