Monday, August 15, 2022
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Long-term unemployment tumbles to its pre-pandemic level, helping to ‘mitigate the risks of labor-market scarring’

Long-term unemployment tumbled below its pre-pandemic level in July, the U.S. Department of Labor said Friday, as an unexpectedly strong showing of job gains buoyed workers broadly across the economy.Long-term joblessness is a period lasting at least six months. Those without work that long are exposed to more financial

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Apple buys UK fintech start-up Credit Kudos

Customers walk past a digital display of the new green color Apple iPhone 13 pro inside the Apple Store on 5th Avenue in Manhattan, in New York, March 18, 2022.Mike Segar | ReutersLONDON — Apple has acquired British fintech start-up Credit Kudos, a person familiar with the matter told

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Spanish-language credit reports are a big win for financial empowerment in the Hispanic community

Courtney Keating | iStock | Getty ImagesBeing able to review a credit report in Spanish will be a huge help for Rosalie Remarais in her job as the Community Development Mortgage Loan officer at Five Star Bank in Rochester, New York.Remarais works with low- to moderate-income families, many of

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Stocks making the biggest moves in the premarket: American Airlines, Teradata, Equifax & more

Take a look at some of the biggest movers in the premarket:American Airlines (AAL) – The airline lost $4.32 per share for the first quarter, one cent a share wider than consensus estimates. The stock rallied 3.6% premarket after American said its cash flow turned positive by the end

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Stocks making the biggest moves in the premarket: Goldman Sachs, Bank of America, GE & more

Stocks making the biggest moves in the premarket: Goldman Sachs, Bank of America, GE & moreSearch quotes, news & videos Source link

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Stocks making the biggest moves midday: IBM, Salesforce, Beyond Meat, Occidental Petroleum and more

IBM President and CEO Virginia Rometty delivers a speech to participants during the 4th edition of the Viva Technology show at Parc des Expositions Porte de Versailles in Paris on May 16, 2019.Chesnot | Getty ImagesCheck out the companies making headlines in midday trading. IBM —  Shares of IBM dropped nearly 6%

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Stocks making the biggest moves in the premarket: Coca-Cola, Travelers, Philip Morris, Lockheed & more

Take a look at some of the biggest movers in the premarket:Coca-Cola (KO) – Coca-Cola reported quarterly earnings of 51 cents per share, 7 cents a share above estimates. Revenue also came in above Wall Street forecasts. The company said a shift in consumer habits due to the Covid-19

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Stocks making the biggest moves after hours: IBM, JM Smucker, United Airlines and more

Smucker's Fruit & Honey brand fruit spreadDaniel Acker | Bloomberg | Getty ImagesCheck out the companies making headlines after the bell.IBM — The technology company's stock fell 3% in extended trading after IBM reported first-quarter financial results. The company reported revenue of $17.57 billion while analysts polled by Refinitiv

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