business news
Weekly jobless claims rise unexpectedly, total 870,000
The number of first-time filers for unemployment benefits were slightly higher than expected last week as the labor market continues its sluggish recovery from the coronavirus pandemic. The Labor Department reported Thursday that initial jobless claims for the week ending Sept. 19 came in at 870,000. Economists polled by Dow Jones expected first-time claims at …
Bank of Japan, coronavirus, technology stocks
Stocks in Asia-Pacific were set to trade lower at the open following overnight declines on Wall Street. Futures pointed to a lower open for stocks in Japan. The Nikkei futures contract in Chicago was at 23,135 while its counterpart in Osaka was at 23,070. That compared against the Nikkei 225’s last close at 23,346.49. Shares …
Trump won’t commit to peaceful transfer of power if he loses the election
President Donald Trump refused Wednesday to commit to a peaceful transition of power if he loses the 2020 election to Democratic nominee Joe Biden. “Well, we’ll have to see what happens. You know that. I’ve been complaining very strongly about the ballots. And the ballots are a disaster,” Trump said at a news conference at …
Stock futures flat in overnight trading after S&P 500 posts 4-day losing streak
Stock futures held steady in overnight trading on Monday following a steep sell-off on Wall Street. Futures on the Dow Jones Industrial Average fell about 10 points. The S&P 500 futures were flat and the Nasdaq 100 futures dipped slightly. The market’s September sell-off intensified on Monday with the Dow Jones Industrial Average dropping 500 points, suffering …
ByteDance says it will not transfer algorithm to Oracle
The logos of the Chinese video portal TikTok and the US software and hardware manufacturer Oracle Corporation can be seen on a smartphone and screen on September 14, 2020 in Berlin, Germany. Thomas Trutschel | Photothek | Getty Images GUANGZHOU, China — ByteDance will not transfer algorithms and technologies to Oracle as part of a …
Murkowski becomes 2nd GOP senator to oppose a vote on Trump Supreme Court nominee before election
Alaska Sen. Lisa Murkowski said on Sunday that she will not support President Donald Trump’s nomination of a replacement to fill the vacancy on the Supreme Court left by the passing of Justice Ruth Bader Ginsburg before Election Day. The announcement makes Murkowski the second Republican in the Senate, after Susan Collins of Maine, to …
Technology company with Warren native at helm creates new supercar | News, Sports, Jobs
Angelo Kafantaris isn’t an automaker. And Hyperion isn’t a car company. Yet, the southern California-based outfit led by the Warren native has debuted the XP-1, its hydrogen / electric-powered supercar. A bit peculiar, but appropriate given his vision for the tech company. The car the company touts has a 1,000-mile range, can go …
WATCH LIVE: Fed Chairman Jerome Powell speaks on monetary policy amid Covid-19 pandemic – 9/16/2020
About Press Copyright Contact us Creators Advertise Developers Terms Privacy Policy & Safety How YouTube works Test new features © 2020 Google LLC WATCH LIVE: Fed Chairman Jerome Powell speaks on monetary policy amid Covid-19 pandemic – 9/16/2020 – YouTube Source link
Microsoft Xbox Series X launches Nov. 10 for $500, Series S for $300
Microsoft’s next-generation Xbox Series X console. Microsoft Microsoft on Wednesday announced that its new Xbox Series X and Xbox Series S gaming consoles will be available on Nov. 10. Pre-orders start on Sept. 22. The high-end Xbox Series X will cost $499 while the entry-level Xbox Series S will cost $299. Microsoft will also offer …
‘I would be very careful right now’
A Beat The Virus sign is displayed at the Nasdaq MarketSite in the Times Square neighborhood of New York, U.S., on Wednesday, July 8, 2020. Victor J. Blue | Bloomberg | Getty Images (This story is for CNBC Pro subscribers only.) University of Pennsylvania’s Wharton School finance professor Jeremy Siegel warned technology investors about the …
