Initial unemployment filings in Illinois fell last week, reflecting a modest improvement in local labor market conditions even as national numbers held steady.
New unemployment filings in Maryland fell significantly last week, offering a spot of positive news for the state's labor market as national claims also edged lower.
Initial unemployment filings in Virginia rose by over 27% last week, contrasting with a slight national decline and highlighting regional economic disparities.
While mortgage rates have inched up slightly this week, homebuyers are still facing significantly lower borrowing costs compared to last year's peak. We break down the monthly and long-term savings on a typical home purchase.
Producer prices rose 0.5% last month, exceeding forecasts and marking the quickest pace in three months, as a sharp jump in services costs offset stable goods prices, signaling persistent inflationary pressures in the pipeline.
Freeman Gold Corp. (CVE:FMAN) surged 13% last week, with retail investors—who control 56% of the company—benefiting most alongside insiders. The significant retail ownership underscores their influence on corporate decisions in this junior mining firm.
African tech startups secured a record $1.64 billion in debt financing last year, a pivotal shift as mature firms seek alternative capital to fuel growth while retaining ownership, according to a new industry report.
Despite a post-transition share price dip, Berkshire Hathaway's unique ecosystem of cash-generating assets, a colossal insurance 'float,' and a discounted valuation suggest the conglomerate is built to last, even without its legendary leader.
New Oriental Education & Technology Group (NYSE: EDU) sees its stock momentum bolstered by substantial institutional ownership, which now stands near 49%. Last week's $482 million market cap gain adds to a 22% annual return, highlighting investor faith in the Chinese education giant's post-regulatory overhaul trajectory.
Hong Kong tycoon Li Ka-shing and his conglomerate CK Hutchison have been tied up in global US-China rivalry since announcing a controversial $19 billion sale of strategic ports in Panama last year.Beijing authorities intensified pressure on CK Hutchison last year, repeatedly criticising the conglomerate's sale of its Panama Canal ports.
A new Congressional Budget Office analysis reveals the substantial financial burden of deploying National Guard and active-duty troops to several U.S. cities last year, with monthly costs for continued operations running into the tens of millions.
A multi-agency search operation is underway for 19-year-old Matthew Packard-Asai, who was swept into the ocean while fishing on a rocky Kauai shoreline last week. One companion was rescued.
Initial unemployment filings in Pennsylvania fell last week, contributing to a stable national picture, though sharp swings in other states highlight ongoing regional volatility.
DuPont de Nemours launches a new ion exchange resin designed to boost productivity for organic acid producers in food, pharma, and bioplastics, as its stock shows sustained momentum.
Shares of antibody discovery firm AbCellera Biologics plunged 16.8% last week, reigniting debate over its true worth. While a discounted cash flow model suggests deep undervaluation, its sky-high price-to-sales ratio paints a starkly different picture, leaving investors to navigate conflicting signals in a volatile biotech market.
Initial unemployment filings in Oregon fell last week, reflecting a slight easing in layoffs, while national figures held steady and other states experienced sharp swings.
Saks Global, the parent of luxury retailers Saks Fifth Avenue and Neiman Marcus, will shutter the vast majority of its Saks OFF 5TH off-price stores and all Last Call locations, marking a dramatic retreat from the discount luxury sector as it navigates Chapter 11.
Shares of the satellite broadband company surged last month, fueled by a key U.S. Missile Defense Agency contract and progress on its satellite constellation launch schedule, despite emerging competition.
A 26-year-old teacher and coach in Nebraska has been charged with sexual abuse by a school official for an intimate relationship with an 18-year-old woman that began two months after her graduation, highlighting the state's strict post-graduation prohibition period.
New data reveals U.S. homeowners are holding onto their properties longer than at any point in the last quarter-century, with coastal markets showing the most pronounced stagnation. High mortgage rates, soaring prices, and a severe inventory crunch have created a powerful 'lock-in' effect, reshaping the dynamics of the housing market.
