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Economic Report: Unemployment claims fall to pandemic low of 473,000 as businesses seek to hire more workers
Applications for U.S. unemployment benefits fell last week to a fresh pandemic low, reflecting more aggressive efforts by companies to hire new workers amid a rapid economic recovery. Initial jobless claims in the states dropped by 34,000 to 473,000......»»
: Guinness parent Diageo restarts plan to return $6.4 billion to shareholders amid strong rebound
Guinness owner Diageo said it would resume plans to return £4.5 billion to shareholders, as its recovery from the COVID-19 pandemic continues to gather pace......»»
Companies offering hiring incentives to lure workers amid COVID-19 state reopenings
A growing number of companies across the country are offering incentives to lure new employees as the US economy continues its recovery from the coronavirus pandemic......»»
: Alphabet stock gets an upgrade amid ‘resilience and speedy recovery’ of ad business
The ability of Google's advertising business to bounce back amid the pandemic has one analyst hopeful about what's yet to come......»»
Airline stocks climb on economic recovery optimism as Senate approves landmark stimulus package
Airlines were among the hardest hit when large swaths of the global economy shut down at the start of the pandemic. LINDSEY WASSON/Reuters Shares of airline companies rose on Monday amid surging optimism around the ongoing economic.....»»
Tech stocks" market leadership may be over and investors aren"t "bullish enough about the reopening", says Fundstrat"s Tom Lee
Tom Lee says "people aren't bullish enough about the reopening" and that tech stocks are no longer market leaders amid the pandemic recovery. Thomas Lee Managing .....»»
DSA expects full economic recovery will take at least 2 years
In 2020, Seattle's reputation was bruised by months of demonstrations and a homeless crisis that seems to have gotten even worse amid the pandemic. Collaboration is the key to overcoming the challenges, civic and business leaders say......»»
Uber beats Q4 2020 earnings expectations but misses on $3.17 billion in revenue amid slow pandemic recovery
Uber Eats outperformed Uber.....»»
The economy gained just 49,000 jobs in January as recovery sputters amid pressure from virus
The January data, released by the Labor Department, is another reminder of how much ground the labor market still needs to regain to return to pre-pandemic levels......»»
The economy gained just 49,000 jobs in January, as recovery sputters amid pressure from virus
The January data, released by the Labor Department, is another reminder of how much ground the labor market still needs to regain to return to pre-pandemic levels......»»
After finding success in South End, pet-care and social club startup Skiptown heads to Dallas
A Charlotte-based dog bar and social club concept that devised a pathway to success amid the pandemic is planting roots for its second location this summer in Dallas. Skiptown, a membership-model dog care service provider and bar for owners, is .....»»
A new $75,000 bulletproof concrete prefab tiny home is now up for preorder as tiny homemakers see success amid the pandemic
Like other tiny homemakers during the.....»»
The giants of the video game industry have thrived in the pandemic. Can the success continue?
Those in and around the industry believe the growth amid stay-at-home measures could bring lasting gains for the consumer base, even with the potential for product delays and reduced interest in esports from cable broadcast companies......»»
The party of the year for the fashion world was scheduled to take place today. From $30,000 tickets to $2,000 tuxedos, take a look at just how opulent the Met Gala usually is.
Charles Sykes/Invision/AP The Met Gala, which is usually held on the first Monday in May, has been postponed indefinitely this year amid the coronavirus pandemic. Last year's Met.....»»
Oil prices fall on demand concerns, U.S.-China trade tension
Oil prices fell on Monday, paring last week's gains, on worries a global oil glut may persist amid slumping demand and U.S.-China trade tensions that could restrict an economic recovery even as coronavirus pandemic lockdowns start to ease......»»
Oil prices slide on demand concerns, U.S.-China trade tension
Oil prices fell on Monday, paring last week's gains, on worries a global oil glut may persist amid slumping demand and U.S.-China trade tensions that could restrict an economic recovery even as coronavirus pandemic lockdowns start to ease......»»
Fed Chair Jerome Powell says the economy may "need more support" for a robust recovery to be possible
Reuters The Federal Reserve left interest rates untouched and near zero Wednesday amid coronavirus pandemic. "It may well be the case that the economy will need more support from all of us if the recovery is to be a robust one," Fed Chair Jerome Po.....»»
Centene ups guidance, but says "economic recovery will be choppy"
Clayton-based managed care provider Centene Corp. (NYSE: CNC) on Tuesday reported a smaller first-quarter profit on costs related to its acquisition of WellCare, but upped its revenue guidance for 2020 amid the Covid-19 pandemic. Centene reported t.....»»
H&M borrows 980 million euros to boost liquidity buffer amid pandemic
H&M , the world's second-biggest fashion retailer, said on Wednesday it had signed a 980 million euro ($1.1 billion) revolving credit facility to strengthen its liquidity buffer in light of the novel coronavirus pandemic......»»
Dollar consolidates as hopes for quick recovery evaporate
The dollar edged toward a 2% weekly rise on Friday, boosted by a surge in the oil price and as investors sought safety amid the worsening economic fallout from the coronavirus pandemic......»»