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Why the horrid April jobs report was actually great news for stocks

Why the horrid April jobs report was actually great news for stocks

6 minutes ago   |   Business Insider   |   11 articles

Summary List Placement The April jobs report badly missed estimates on Friday, but the stock market promptly hit record highs anyway. That's because the market is now in a...
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Why the horrid April jobs report was actually great news for stocks

8 minutes ago   |   Business Insider   |   11 articles

Drew Angerer/Getty Images The April jobs report badly missed estimates on Friday, but the stock market promptly hit record highs anyway. That's because the market is now in a...
Read more ...

McConnell Backtracks From Declaring ‘100%' Focus On Stopping Biden

22 minutes ago   |   Forbes

Asked about the comment on Thursday, McConnell tempered it by saying he only wants to oppose Biden ‘depending on what it is.'
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A Capitol riot suspect yelled 'f-- all of you!' at his Zoom court hearing then hung up on the judge, reports say

28 minutes ago   |   Business Insider   |   2 articles

Landon Copeland posing in front of the Washington Monument. FBI A Capitol riot suspect caused chaos at his own Zoom court hearing, according to reports. Landon Copeland yelled...
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Here's Why Tech Stocks Are Rallying After 'Massively Disappointing' Jobs Report

32 minutes ago   |   Forbes   |   6 articles

The Nasdaq immediately spiked 1.5% after the Labor Department announced that April job creation fell way short of expectations.
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Nancy Messonnier, the senior CDC official who first warned the US about the coronavirus pandemic, is resigning

42 minutes ago   |   Business Insider

Nancy Messonnier, director of the National Center for Immunization and Respiratory Diseases at the CDC, speaks at a coronavirus briefing on January 28, 2020. Samuel...
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No, a Texas company is not paying people $14,000 a week for driving a truck

46 minutes ago   |   Fast Company

The company doesn't actually hire drivers as employees. It contracts with owner/operators who are running their own businesses. If it sounds too good to be true, it probably is.
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Michelle Obama says many Black people 'live in fear' and admits she worries about her daughters 'every time they get in a car by themselves'

1 hour ago   |   Business Insider

Petar Kujundzic/Reuters Michelle Obama says Black people "live in fear" when grocery shopping, driving, and walking their dogs. The former first lady shared with CBS News her...
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A former shoe company CFO admitted to siphoning $30 million to pay for diamonds and flights to tropical vacations

1 hour ago   |   Business Insider

Boonchai Wedmakawand/Getty Images The former CFO of a Massachusetts shoe company pleaded guilty to a $30 million embezzlement scheme. 64-year-old Richard Hajjar bought private...
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Americans Want Vaccine Passports To Fly-But Not To Eat Out-Poll Suggests

1 hour ago   |   Forbes   |   10 articles

The issue of providing proof of Covid-19 vaccination has become a partisan controversy, and most Republicans are still opposed to the practice.
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2 top cannabis investors say their best advice is to buy stock in cannabis...

2 top cannabis investors say their best advice is to buy stock in cannabis companies held back by a weird rule

Summary List Placement Picking the right companies to back in a new and quickly-changing industry like cannabis is hard. While there's no tried-and-true formula to picking... Read more ...

Beyond Meat slumps after the fake meat company reports a wider than expected...

Beyond Meat slumps after the fake meat company reports a wider than expected loss for the 1st quarter

Summary List Placement Beyond Meat shares tumbled on Friday after the plant-based meat producer announced a wider than expected loss for the first quarter of the year... Read more ...

Watch Elon Musk warn he's a 'wild card' in his 'SNL' teaser with Miley Cyrus

Watch Elon Musk warn he's a 'wild card' in his 'SNL' teaser with Miley Cyrus

Summary List Placement Saturday Night Live dropped a promotional video on Thursday for Elon Musk's SNL episode, set for this weekend. Tesla and SpaceX's CEO will be hosting the... Read more ...

Tech stocks jump after bad April jobs-report miss dampens inflation fears

Tech stocks jump after bad April jobs-report miss dampens inflation fears

Summary List Placement Tech stocks jumped on Friday after a weak April jobs report led to a rally in stay-at-home stocks. April saw an addition of 266,000 jobs, well below the... Read more ...

Melinda Gates now owns $5 billion across these 3 stocks as part of her...

Melinda Gates now owns $5 billion across these 3 stocks as part of her divorce proceedings

Summary List Placement Melinda Gates' divorce from Bill Gates has already led to the division of certain stocks. About three stocks worth $5 billion worth have been transferred... Read more ...

U.S. Bank tries hybrid branches as it adapts to rising digital channel usage

U.S. Bank tries hybrid branches as it adapts to rising digital channel usage

Summary List Placement U.S. Bank has made a series of overhauls to branches in the Twin Cities region of Minnesota to reposition physical banking as digital channels eat away... Read more ...

Goldman Sachs announces a new crypto trading team in an internal memo...

Goldman Sachs announces a new crypto trading team in an internal memo, report says

Summary List Placement Goldman Sachs formally announced the launch of its newly-formed cryptocurrency trading desk to markets employees in an internal memo, CNBC reported on... Read more ...

U.S. Market Recovery Monitor - 1 May 2021 - STR

U.S. Market Recovery Monitor - 1 May 2021 - STR

For a third week, U.S. hotel occupancy remained just above 57% and 54% on a total-room-inventory basis , which accounts for temporarily closed hotels. Room demand fell slightly... Read more ...

Big TV advertisers like Pepsi are threatening to shift spending elsewhere if...

Big TV advertisers like Pepsi are threatening to shift spending elsewhere if ad rates get too pricey

Summary List Placement After a year that's been compared to the Great Depression, TV advertising is expected to rebound to a 9.3% increase in 2021, GroupM forecast in March... Read more ...

Comments on April Employment Report

Comments on April Employment Report

The headline jobs number in the April employment report was well below expectations, and employment for the previous two months was revised down. Leisure and hospitality gained... Read more ...