A rental sign is posted on the window of a Chipotle restaurant in New York, April 29, 2022. Shannon Stapleton | Reuters The total number of initial unemployment insurance claims was 260,000 last week, near the highest level since November amid a shift in the US labor market. Totals for the week ended July 30 … Read more
A worker assembles the Lucid Air prototype electric vehicle, manufactured by Lucid Motors Inc., at the company’s headquarters in Newark, California, on Monday, August 3, 2020. David Paul Morris | Bloomberg | beautiful pictures Check out the companies that make headlines in extended trading. Lucid’s group – Shares of the electric vehicle maker fell about … Read more
A customer walks toward the entrance of a CVS Health Corp store. in downtown Los Angeles, California, United States, on Friday, October 27, 2017. Christopher Lee | Bloomberg | beautiful pictures Check out the companies that make headlines in Wednesday midday trading. Gilead Science Biopharma shares rose 6.6% after quarterly revenue of $6.26 billion broke … Read more
James Bullard Olivia Michael | CNBC The Chairman of the Federal Reserve St. Louis James Bullard said on Tuesday that he still thinks the economy can avoid a recession, although he expects the central bank will need to keep raising interest rates to keep inflation under control. “I think inflation has turned hotter than I … Read more
Reports say investigators have identified “several suspects” in the 24-year-old rapper’s murder. JayDaYoungan’s recent death has left his loved ones stunned and news regarding the tragedy continues to circulate in the Hip Hop world. According to reports, the 24-year-old rapper was outside his home in Louisiana when he and his father, Kenyatta Scott, ambushed by … Read more
Reports say investigators have identified “several suspects” in the 24-year-old rapper’s murder. JayDaYoungan’s recent death has left his loved ones stunned and news regarding the tragedy continues to circulate in the Hip Hop world. According to reports, the 24-year-old rapper was outside his home in Louisiana when he and his father, Kenyatta Scott, ambushed by … Read more
[The stream is slated to start at 1:30 p.m. ET. Please refresh the page if you do not see a player above at that time.] Minister of the Treasury Janet Yellen spoke on Thursday at a press conference on the state of the US economy. Yellen’s comments follow news that the US economy is contracting … Read more
People shop in a supermarket as inflation affects consumer prices in New York City, June 10, 2022. Andrew Kelly | Reuters Everyone who cares knows that a recession occurs when there are two consecutive quarters of negative growth – everyone, that is, except those who actually decide when the economy is in recession. For those … Read more
Foreman Angel Gonzalez and Anthony Harris, of EZ Bel Construction, work on pipelines along Fredericksburg Road during extreme heat warnings in San Antonio, Texas, July 19, 2022. Lisa Krantz | Reuters The White House is sure that the economy is not in a recession, nor is it headed for one. Wall Street is pretty sure … Read more
The pilot of a small plane was rescued from the water after plunging into the sea near the Huntington Beach pier on Friday. The crash happened around 1:30 p.m. in Huntington Beach near 14th Street. Huntington Beach plane crash at Junior Lifeguards pic.twitter.com/a3UInlkOrJ – Hutch (@ rhutch99) July 22, 2022 Video posted on social media … Read more