Economic Report: Jobless claims rise to 3-week high of 198,000, but layoffs are still extremely low
The number of Americans who applied for unemployment benefits last week rose to a three-week high of 198,000, but that number is still extremely low.
: Avidity’s stock gains after company shares new data about partial clinical hold
Shares of Avidity Biosciences Inc. RNA gained about 2.0% in premarket trading on Thursday after the company said a partial clinical hold on its experimental...
: PacWest stock rises as it moves to the S&P SmallCap 600 from the S&P MidCap 400
PacWest Bancorp PACW stock is up 2.9% in premarket trades Thursday after S&P Dow Jones Indices said the regional bank would be added to the...
: VirnetX stock rockets after declaring large special dividend, as positive outcome from Apple litigation nears
Shares of VirnetX Holding Corp. VHC rocketed 22.9% toward an eight-month high, after the internet security software company declared a special cash dividend of $1...
: U.S. stocks open higher after jobless claims report
U.S. stocks opened higher Thursday, after a government report showed a rise in initial jobless claims. The Dow Jones Industrial Average DJIA was up 0.5%...
Constellation Brands taps food-and-travel streamer Tastemade to help draw new customers
Constellation Brands, which owns a suite of beer, wine and spirits brands, is teaming up with streaming service Tastemade to create a content studio.
Jobless claims edge up to 198,000, higher than expected
Jobless claims rose 7,000 from the previous period and were a bit higher than the 195,000 estimate.
Bitcoin addresses with 10+ BTC have jumped 71% since February 2022
Bitcoin addresses holding 10 or more BTC grew 71% in just over a year. According to on-chain data, 10,279 new BTC wallets joined the cohort...
Vitaliy Katsenelson’s Contrarian Edge: Silicon Valley Bank’s failure is just a glimpse of what’s to come for the financial sector and the economy
Banks managed credit risk, but not interest-rate risk. Now we're all paying the price, writes Vitaliy Katsenelson.