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Categories Business

Dow tumbles more than 600 points after weak jobs report

Author August 5, 2024

Stocks tumbled for the second-straight day Friday as a weaker-than-expected jobs report and a dismal forecast from Amazon added to investor fears

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Categories Business

Mortgage rates plunge to the lowest level in over a year after weak employment report

Author August 5, 2024

The average rate on the popular 30-year fixed mortgage dropped 22 basis points to 6.4% Friday, according to Mortgage News Daily. That is the

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Categories Business

U.S. unemployment rate ticks up to 4.3% amid signs of broader economic slowdown

Author August 5, 2024

The U.S. unemployment rate rose to 4.3% in July and hiring slowed, adding to signs of a broader downturn in what has

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Categories Business

Delta CEO offers employees free flights after CrowdStrike-Microsoft chaos

Author August 5, 2024

Delta Air Lines CEO Ed Bastian on Friday offered employees two free travel passes to thank staff members who were caught in massive disruptions last

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Categories Business

DJT shares jump after Trump Media rolls out TV streaming plan

Author August 4, 2024

Trump Media said Friday it has started rolling out a TV streaming service that aims to air “neglected” content on its social media platform Truth Social. The company’s stock

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Categories Business

Intel shares plunge 28%, dragging down global chip stocks

Author August 2, 2024

Global semiconductor stocks fell Friday after a lackluster set of results from U.S. chip firm Intel sent its shares cratering, and a

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Categories Business

Federal judge overturns $4.7 billion jury verdict in ‘Sunday Ticket’ lawsuit, ruling for NFL

Author August 2, 2024

LOS ANGELES — A federal judge has overturned a jury’s $4.7 billion verdict in the class-action lawsuit filed by “Sunday Ticket” subscribers

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Categories Business

Dow closes nearly 500 points lower Thursday as investors’ recession fears awaken

Author August 2, 2024

Stocks sold off Thursday, with the Dow Jones Industrial Average tumbling nearly 500 points, as investors’ fears over a recession surfaced. The Dow dropped 494

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Categories Business

Markets are clamoring for the Fed to start cutting soon: ‘What is it they’re looking for?’

Author August 2, 2024

If the Federal Reserve is starting to set the table for interest rate reductions, some parts of the market are getting impatient

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Categories Business

Venu, a $42.99 per month sports streamer, has a tough marketing challenge to find an audience

Author August 2, 2024

Call Don Draper, Venu Sports may have a marketing problem The Disney, Fox and Warner Bros. Discovery jointly-owned streaming service said Thursday it will launch this fall at $42.99

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