Top Stock Movers Now: Uber, Unity Software, Tesla, and More
U.S. equities edged higher on the first trading day of the new year as optimism about corporate growth in the future was dampened somewhat by concerns about the tech sector.
US weekly jobless claims hit eight-month low as labor market remains resilient
WASHINGTON (Reuters) -The number of Americans filing new applications for unemployment benefits dropped to an eight-month low last week, pointing to low layoffs at the end of 2024 and consistent with a healthy labor market. The report from the Labor Department on Thursday added to a recent raft of upbeat economic data, including consumer spending, in reinforcing the Federal Reserve's projections for fewer interest rate cuts this year. Labor market resilience is keeping the economic expansion on track.
US Mortgage Rates Approach 7% in Ominous Sign for Housing Market
(Bloomberg) -- US mortgage rates climbed closer to 7%, threatening to squeeze buyers trying to crack into the housing market.Most Read from BloombergIs This Weird Dome the Future of Watching Sports?NYPD Seeking Gunmen After 10 People Wounded Outside Queens VenueDetroit’s Michigan Central Is the Building Revival Story of 2024Burned Out Parents Need Better Public SpacesA Commuting Resolution for 2025: Ride Your Local Subway or BusThe average on a 30-year mortgage rose to 6.91% as of Jan. 2, up fro
Noodles & Company warned of Nasdaq delisting
The company’s stock price fell below $1 shortly after it shared disappointing third-quarter earnings, and has yet to recover.
What Analysts Think of Nvidia Stock Ahead of CEO Jensen Huang's CES Keynote
Nvidia CEO Jensen Huang will deliver the opening keynote at the CES on Monday, with many analysts viewing the event as a potential growth catalyst for the chipmaking giant.
Unity Software Stock Soars, Apparently in Response to 'Roaring Kitty' Post
Unity Software shares jumped Thursday, a day after a social media post by the meme stock hero known as "Roaring Kitty" featuring a clip referencing the late musician Rick James, who had a song called "Unity."
Wall Street banks exit climate alliance as Trump 2.0 nears
Some of the biggest lenders in the US are beating a retreat from a UN-backed bank climate group in the final weeks before a new Trump administration prepares to take office.
New jobless claims data shows labor market slowdown is 'gradual'
Fresh weekly jobless claims data showed that while the labor market has cooled in 2024, layoffs remain low.
Many apartment owners charge less than market rate for parking
In some cities, the price difference between apartment and commercial parking is as wide as 753%, according to a new report.
Why Is SuperCom Stock Jumping Around 100% On Thursday?
SuperCom, Ltd. (NASDAQ:SPCB) shares are rocketing on Thursday after the company disclosed securing two new contracts with major agencies in Kentucky. SuperCom said it won the contracts by surpassing incumbent providers for each agency, demonstrating confidence in its technologies. These agreements will implement SuperCom’s advanced public safety technologies, aiming to improve monitoring capabilities and deliver customized, reliable solutions to meet the agencies’ requirements. This accomplishme
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