Unemployment rates are rising. According to the U.S. government numbers, the weekly jobless came in higher than expected. As of December the 11th, a total of 206,000 failed employment tests. Will the unemployment rate rise or fall, and will the year 2020 be any different in terms of labor shortages than the previous twenty-one months […] More
Why do consumers have a brighter outlook on the economy? As it seems, low-income Americans and those with medium incomes as well are feeling a bit more optimistic about their prospects in the year 2020. Even with all that is happening, by that, we mean the Omicron spread. More
Will the stock market crash? That’s the only question that every investor, trader, and shareholder has been asking for the past few months. Experts almost lost hope of recovery, and with everything that’s going on, it makes sense. More
Investors shrugged over a major inflation statistic ahead of the Federal Reserve’s final policy-setting meeting of the year next week, and stocks closed Friday at a record high. More
After the major averages registered a third consecutive day of gains, U.S. stock index futures were little changed overnight on Wednesday, as traders speculated that the omicron variant’s economic repercussions wouldn’t be as severe as previously believed. More
Stock futures in the United States climbed in overnight trade on Tuesday as markets recovered from the omicron sell-off. Futures on the Dow Jones Industrial Average increased by roughly 100 points. Futures on the S&P 500 were up 0.4%, while Nasdaq 100 futures were up 0.54%. More
According to Reuters, the SEC initiated the investigation in response to a whistleblower complaint from a former Tesla employee alleging that the company failed to adequately disclose to its shareholders and the public fire dangers related to its solar panel systems. More
A curious peculiar happened on the route to the stock market’s decline. Etsy, DoorDash, Zoom, and DocuSign, who benefited the most from Covid-19 and the accompanying lockdowns, were the poorest performances this week. According to the World Health Organization, it’s the polar opposite of what one might expect as the new Covid omicron version spreads […] More
The dollar crept higher in choppy trade as risk appetite increased. At the same time, a barometer of global markets jumped on Thursday as Wall Street gained on anticipation that the Omicron COVID-19 variant will be mild and not stall a fast rebounding US economy. More
With Snowflake stock and other software earnings in focus overnight, Dow Jones futures, S&P 500 futures, and Nasdaq futures gained substantially late Wednesday. The stock market boom took a turn for the worst on Wednesday, as the CDC verified the first case of the omicron Covid form in the United States, in California. More
Following a Tuesday sell-off on Wall Street amid concerns over the new omicron Covid type and the Federal Reserve considering a faster-than-planned taper, U.S. stock futures were higher in early morning trade on Wednesday. More
After President Joe Biden declared economic lockdowns in reaction to the omicron Covid version are presently off the table, stocks recovered on Monday, following Friday’s significant sell-off. More