US unemployment ticked down, hovering at historically low levels
WASHINGTON (AP) — The number of Americans applying for unemployment benefits dipped to 245,000 last week, hovering at historically low levels, the Labor Department said Wednesday.
U.S. jobless claims ticked down from 250,000 the week before. Economists had expected last week’s claims to match that at 250,000.
The four-week average of claims,
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Read MoreCathie Wood Says If She Could Only Invest in 1 Artificial Intelligence (AI) Stock, This Would Be It (Hint: It's Not Palantir)
Cathie Wood is the founder and chief investment officer of Ark Invest, which manages exchange-traded funds (ETFs) focused on themes such as biogenetics, artificial intelligence (AI), robotics, renewable energy, and cryptocurrencies.
While stocks such as Palantir Technologies, Robinhood, and Archer Aviation comprise some of the largest positions in Ark’s portfolios,
One chart shows an under-the-radar reason Trump's trade war could hurt US stocks
Vanderbilt ready to keep investing in football after historic season and House settlement
NASHVILLE, Tenn. — Vanderbilt has plenty of options for divvying up revenue sharing under the House settlement with a two-time national baseball champ and both men’s and women’s basketball coming off NCAA Tournament berths.
Combined with a record of more losing seasons than bowl berths seemingly would make for an easy decision to invest anywhere but football.
Read MoreChina’s Chongqing rises as global rail hub linking Asean, EU amid trade war risks
In Tuanjie Village, in the heart of Chongqing – China’s largest inland city, best known for its spicy hotpot – orange gantry cranes hoist cargo onto goods trains bound for Europe and Russia. Each day, hundreds of containers pass through the sprawling 82,000-square-metre yard, exporting electric vehicles and components or returning with cars,
Read MoreThe Burst
$2 Billion Fund Bets It All On 5 Stocks
You probably haven’t heard of Himalaya Capital Management. It’s a Seattle, Washington-based firm that has approximately $2 billion in assets under management. Now put yourself in the shoes of the investment team for a moment: how would you invest that chunk of change?
Most investors would spread the money around a bit but the Himalaya team has chosen to embrace the philosophy that if you have conviction in your investment themes,
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Read MoreThe Ivy
1 Oil Stock Screaming Buy Now
Chevron and Occidental Petroleum are two oil stocks garnering a lot of attention these days, primarily because both are held in the esteemed portfolio of Warren Buffett.
But a closer examination of them both and their rivals suggests another oil stock may be a much better deal right now. So, is it time to buy?
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