Articles

Jobless claims fall again to 215,000. Strong labor market fuels U.S. economy.

The number of Americans who applied for unemployment benefits last week fell again to 215,000, reaffirming that layoffs are low and the economy is being buoyed by a strong labor market.

Nvidia is sporting growth one tech CEO says hasn’t been seen ‘in the history of capitalism’

One tech CEO remarked that Nvidia’s ability to post $22.6 billion in quarterly data-center revenue, after having seen just $4.3 billion a year before, is simply one-of-a-kind growth.

Medtronic’s stock rises after another earnings beat and dividend hike

Medtronic has raised its dividend for 47 straight years, with the implied dividend yield more than double that of the S&P 500.

Oil prices attempt to snap 3-day losing streak

Oil futures traded higher early Thursday, attempting to shake off worries about the economic outlook.

Generac, Next Era Energy Partners downgraded as analyst favors Hannon Armstrong

JPMorgan shuffles ratings on clean energy stocks with HASI and TPIC as top picks.

Rio Tinto should scrap its London listing, activist hedge fund says

London hedge fund Palliser Capital said Rio Tinto should switch its primary listing to Sydney to boost its share price

Biden administration should focus on funding the next Tesla — not crack down on Chinese EVs  

The U.S. and China are now in a full-blown economic war, and the climate will be a casualty.

BJ’s first-quarter earnings top estimates, but stock still falls

BJ’s Wholesale Club Holdings Inc.’s stock dipped 0.7% premarket Thursday, even as the company’s fiscal first-quarter earnings exceeded expectations and it backed its full-year guidance.

Microsoft and Qualcomm team up to make AI the future of the PC

Microsoft’s AI vision is winning over customers and developers, and the tech giant intends to bring the industry along with it.

Inflation, EVs and rising fuel efficiency put unexpected dent in gasoline demand

Investors are watching fluctuations in U.S. gasoline demand, with the summer driving season is set to kick off during the three-day Memorial Day weekend — and it’s surprisingly weak.

Airlines are getting rid of some fees, but not all. Here are the charges you still have to pay on the 10 biggest U.S. airlines.

Spirit Airlines just eliminated change and cancellation fees. But many airlines still charge plenty of fees, often with their lowest-cost tickets.

Tory MPs jostle for finance jobs after Sunak calls election

Conservative politicians are strengthening their ties to City firms, priming for potential job opportunities that could open up after the general election as Prime Minister Rishi Sunak reveals the date of the contest.
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