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June 4, 2023

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March 9, 2023

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Signature Bank stock drops sharply after Silvergate announces winddown

Jasper3 months ago01 mins

Signature Bank stock is down 11% in premarket trades as carnage from the announced wind-down of digital currency financial services company Silvergate… Source

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Jobless claims jump to 211,000, the highest since Christmas

Jasper3 months ago01 mins

The number of Americans who applied for unemployment benefits in early March jumped 21,000 to a 10-week high of 211,000, perhaps reflecting a recent spate of… Source

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U.S. stocks open higher as investors weigh data showing rise

Jasper3 months ago01 mins

U.S. stocks opened modestly higher Thursday as investors digested a report showing a weekly rise in jobless claims. The Dow Jones Industrial Average was up… Source

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Stock market faces crucial test this week: 3 questions that

Jasper3 months ago01 mins

Investors await a marquee report on the state of the U.S. labor market, along with testimony by Fed Chair Jerome Powell amid rising Treasury yields. Source

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Altria to acquire e-vapor play NJOY Holdings for $2

Jasper3 months ago01 mins

Altria Group Inc. said Monday it has agreed to acquire NJOY Holdings Inc. for about $2.75 billion cash to be paid at closing. The tobacco giant said the deal… Source

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After disastrous Ohio derailment, Norfolk Southern announces 6-point safety plan

Jasper3 months ago01 mins

Norfolk Southern is ramping up its safety efforts after officials said an overheated bearing was the likely cause of the derailment. Source

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