As jobless claims rise, unemployment benefits aren’t keeping up with inflation. Here’s what to know.
Newly unemployed workers are facing higher inflation without a corresponding increase in jobless benefits to match.
Adobe’s earnings beat shows investors that AI is finally paying off, and the stock rises
The company exceeded Wall Street’s revenue and earnings estimates, with AI-influenced revenue streams picking up steam
Seven Surprising Reasons Retirees Are Going Back to Work
Sure, money is a big reason to come out of retirement, but it’s not the only reason retirees are doing
Seven Surprising Reasons Retirees Are Going Back to Work Read Post »
Opendoor’s stock soars again, with leadership changes hailed as ‘incredible outcome’ for shareholders
Investors cheered Opendoor’s new CEO, the return of co-founders to its board and a $40 million capital investment.
Figure Technology’s stock sizzles after IPO, as investors stay hungry for crypto deals
Crypto fans will soon get another way to play the trend through the stock market, with Gemini Space Station set
The job market’s hidden flaw is now obvious — and rate cuts might not fix it
Cracks in the U.S. labor force from immigration raids, arrests and deportations are showing.
The job market’s hidden flaw is now obvious — and rate cuts might not fix it Read Post »
Stocks and bonds are sending very different messages about recession risks
The stock market keeps touching fresh record highs, while the bond market is girding for trouble in the economy.
Stocks and bonds are sending very different messages about recession risks Read Post »
This Midwestern hub for beer and Harleys has the hottest housing market in America right now
Homes are selling fast in the Midwest and the Northeast, but spending months on the market in the South and
Dow Gains 617 Points as Rate Cuts Near: Stock Market Today
Wednesday’s economic data didn’t shift Wall Street’s expectations that the Fed is preparing for a rate cut at next week’s
Dow Gains 617 Points as Rate Cuts Near: Stock Market Today Read Post »