The Dow Jones Industrial Average closed lower even as the Nasdaq soared more than 3%. Metaplatforms (META) exploded when Mark Zuckerberg shared a surprise. Apple (AAPL) topped earnings while Microsoft (MSFT) was one of the best blue chips. X New Leaderboard member US Global Jets (JETS) ETF has passed a buy point. A trio of … Read more
After enduring emotional and often scathing public comments, state regulators on Thursday ordered utilities to immediately distribute funds to reduce natural gas bills that have become unaffordable for many Californians this winter. Climate credits, which are typically issued in April, will reduce home heating bills by $43 to $56 for most Californians depending on their … Read more
Based on Netflix info support pages, a report published by The Broadcast appeared to confirm details of how it will roll out anti-password sharing features in the US and elsewhere. However, Netflix has yet to announce the details of its plan or what it might look like when it rolls out more widely this year. … Read more
In this photo illustration the Penn Entertainment logo seen displayed on a smartphone mobile screen. Raphael Henrique | SOPA Images | Light flare | Getty Images Penn Entertainment Thursday became the first US gambling company to post a profit in its sports betting business in the last three months of a year. Usually, it is … Read more
The Commission challenged Meta’s pairing of Facebook Marketplace with its personal social network. Budrul Chukrut | SOPA Images | Light flare | Getty Images Find out which companies are making headlines in the midday business. Meta – Shares of the tech giant jumped 25% midway through the trading day, on track for its strongest day … Read more
‘Big regret’ is the latest workplace trend to sweep the country, with the majority of professionals who left their jobs in the last year wishing they could change their lives, according to a new survey. 2022 was another record year for quits – 4.1 million workers left their jobs in December, bringing the overall total … Read more
Tesla (TSLA) bull Cathie Wood doesn’t see the electric vehicle maker’s recent price cuts as hurting the brand. Instead, they could be more of a problem for automakers trying to close the gap, she argued. “I think traditional automakers will struggle to keep up with the price drops that Tesla’s technology allows,” the ARK Invest … Read more
Investors crowded into stocks and bonds on Thursday as they seized on signs that interest rates were set to peak on both sides of the Atlantic. Stocks on Wall Street soared to their highest level since August, while government bonds in Europe staged their biggest one-day rally in years. The gains came after the Bank … Read more
Weekly jobless claims fall by 3,000 to 183,000 Continuing claims decrease by 11,000 to 1.655 million Productivity accelerates at a rate of 3.0% in the fourth quarter Unit labor costs increase at a rate of 1.1% WASHINGTON, Feb 2 (Reuters) – The number of Americans filing new claims for unemployment benefits fell to a nine-month … Read more
The European Central Bank raised interest rates by half a percentage point on Thursday and pledged to do the same in March, as its president Christine Lagarde warned that eurozone inflation remained “far too high.” high”. The ECB decided to continue aggressive tightening after raising the benchmark deposit rate to 2.5%, saying in its post-meeting … Read more
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