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Author: master0567

Economy

Weekly jobless claims drop sharply but labor market remains challenged

25.02.2021

Jobless claims fell sharply last week despite severe winter storms that swept across Texas and other parts of the South, the Labor Department reported Thursday. First-time filings for unemployment insurance …

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Energy

Chevron CEO on modern leadership: You can’t be afraid to make yourself heard

25.02.2021

Chevron announced the launch of its new energy fund Thursday with a commitment of $300 million toward low-carbon technology investments. Future Energy Fund II is the eighth venture fund to …

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Energy

Sweden will soon be home to a major steel factory powered by the ‘world’s largest green hydrogen plant’

25.02.2021

fanjianhua | Moment | Getty Images A Swedish firm backed by investors including Spotify founder Daniel Ek plans to build a steel production facility in the north of the country …

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Finance

The wealthy are borrowing billions against their art collections and lenders are reselling the debt

25.02.2021

More and more wealthy art collectors are cashing in on low interest rates to borrow against their Picassos and Basquiats, adding to risks of a leveraged boom and bust in …

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Finance

Stocks making the biggest moves in the premarket: GameStop, Koss Corp, Wayfair & more

25.02.2021

Take a look at some of the biggest movers in the premarket: GameStop (GME) – GameStop remains on watch after another Reddit-fueled surge Wednesday in the video game retailer’s shares, …

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Finance

Stock futures higher after Dow’s record close

25.02.2021

U.S. stock index futures moved higher in overnight trading on Wednesday after the Dow closed at a record level during normal trading hours. Futures contracts tied to the Dow Jones …

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Finance

GameStop shares soar more than 100% amid executive shuffle

25.02.2021

A GameStop store is pictured in New York, January 29, 2021. Carlo AllegriI | Reuters Shares of GameStop surged more than 100% on Wednesday as investors poured into the brick-and-mortar …

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Finance

Double down on epicenter stocks and avoid Big Tech, market bull Tom Lee suggests

25.02.2021

The Nasdaq’s slump may be just starting. Fundstrat Global Advisors’ Tom Lee sees a major market shift underway in which Big Tech starts to greatly underperform economically sensitive stocks. So, …

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Small Business

Self-employed and gig workers could get bigger loans under new PPP rules. They may want to wait to apply

25.02.2021

MoMo Productions | Getty Images Millions of self-employed and gig workers got good news this week. The Biden administration on Monday changed how the Small Business Administration’s Paycheck Protection Program …

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