The Weekly Jobless Claims might be the prominent economic announcement on Thursday.Initial trends on the U.S. Futures Index suggest that Wall Street might open slightly up. Asian shares finished mixed, while European shares are trading lower. As of 7.00 am ET, the Dow futures were up 58.00 points, the S&P […]

Labor shortage and economic uncertainty once again dragged permanent job placements in the UK, and rising inflation coupled with competition for workers continued to send the starting salaries higher, a survey report compiled by S&P Global showed Thursday, vindicating the tightness of the labor market. Permanent job placement decreased for […]

Despite the demonetisation of 2016 and the rise in digital transactions that followed, the economy’s dependence on cash has remained as high as ever. So when the Reserve Bank of India (RBI) introduced a pilot project of its version of digital cash — called the central bank digital currency (CBDC) […]

The Pentagon announced that up to $9 billion worth of cloud-computing contracts were awarded to Google, Oracle, Amazon, and Microsoft. In a statement, the U.S. Department of Defense said, “The purpose of this contract is to provide the Department of Defense with enterprise-wide, globally available cloud services across all security […]

NBCUniversal is getting the jump on the new year, announcing dates for its NewFronts and upfronts presentations next May while touting the ways it has “fueled fandom, growth, and innovation” in 2022. Linda Yaccarino, NBCU chairman and head of sales and partnerships, revealed the 2023 outlook in a LinkedIn post. […]

The White House again drew on celebrity activists as it marked another legislative milestone: Cyndi Lauper performed and spoke briefly to reporters on Tuesday as President Joe Biden signed into law a bill that will protect same-sex and interracial marriage rights at the federal lebel. “I came here today because […]

Asian stock markets are trading mostly lower on Wednesday, following the broadly negative cues from global markets overnight, as traders remain concerned about the outlook for interest rates and about how much further the central bank will raise rates ahead of next week’s US Fed meeting following recent upbeat economic […]

Shares of Kura Oncology, Inc. (KURA) are slipping over 15% on Monday morning. On Saturday, the company presented updated clinical data from KOMET-001 trial of Menin Inhibitor Ziftomenib at American Society of Hematology Annual Meeting. KURA is currently trading at $12.79, down $2.32 or 15.35%, on the Nasdaq. The stock […]

The pharmaceutical and the consumer durables sectors, which depend on China for imports, have not been impacted yet due to unrest in China with people protesting against lockdowns. But the lockdown could have an impact on the supply of components used in consumer durables if it continues for the next […]

Asian stocks turned in a muted performance on Monday, even as Chinese and Hong Kong stocks surged as businesses reopened and testing requirements were relaxed in several cities, including Beijing and Shanghai. China’s Shanghai Composite Index ended 1.8 percent higher at 3,211.81, as easing of Covid-19 curbs helped outweigh disappointing […]