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Business News

Location American Business News for 1 July 2021
Seventeen, BTS, Aespa And Twice: This Week's 10 Bestselling Singles In Korea A new joke supergroup claims the most top 10 hits on the sales chart this week.
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It is the biggest US stock market listing by a Chinese company since Alibaba's debut in 2014.
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The extra $300 in federal unemployment assistance that many jobless Americans received amid COVID is ending early or has already ended in 26 states.      
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Why Have 49 Agencies Dropped Their DEI Pledges? Last June, members of the advocacy group Three's a Crowd (TAC) sought to actionably reduce systemic racism and create equity in advertising with the "In for 13" initiative, a three-year promise to increase the percentage...
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Falling mortgage rates are another sign that investors view the current spate of inflation to be temporary.
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Nexters said it is raising financial forecasts for the year as it prepares to go public through a special purpose acquisition company (SPAC).
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Three times more federal returns than last year were waiting to be processed at the close of the filing season in mid-May.
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U.S. stocks trade mostly higher after a larger-than-expected drop in weekly first-time applications for jobless benefits a day ahead of the June employment report.
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I.R.S. Faces Backlog, Delaying Tax Refunds for Millions of Americans Three times more federal returns than last year were waiting to be processed at the close of the filing season in mid-May.
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"This morning's beat on jobless claims is a real bright spot," Cliff Hodge of Cornerstone Wealth said.
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I.P.O.s for Krispy Kreme and Didi Chuxing Part of a Blockbuster Week Eighteen initial public offerings hit the stock market this week, making it the busiest since 2004.
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What's Happening With Intellia Therapeutics Stock? The stock price of Intellia Therapeutics, a biotechnology company developing treatments using a CRISPR gene-editing system, has seen a stellar 70% rise in just two trading days, after the company announced positive data ...
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Oil jumps past $75 for first time since 2018 as OPEC and allies move toward raising global crude supply OPEC+ may add 2 million barrels of oil per day to the market, according to a Reuters report. The group is holding a virtual meeting on Thursday.
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Community Gaming has raised $2.3 million in funding to create automated esports tournaments and it can pay winners in cryptocurrency.
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Nevro Stock Is Likely To See Higher Levels After A 7% Drop This Week The stock price of Nevro, a medical devices company, has seen a 7% drop over the last five trading days, despite the company announcing positive findings from its spinal cord stimulation clinical trials for painful diabe...
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Commodities markets are wrapping up a torrid first half and are set to continue a bull run as demand shifts from China to the U.S. and other developed markets, says the top economist at one of the world's largest physica...
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Weekly jobless claims slide again to new pandemic-era low of 364,000 Continuing claims, which count Americans receiving unemployment payments, gained to 3.47 million for the week that ended June 19.
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Nearly 3.5M workers remain on jobless benefits despite drop in weekly claims Payroll firm ADP said Wednesday that US companies added 692,000 employees on private payroll in June.
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The IRS wants to know how much time you spend at that old family cabin at the lake.
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Has rush hour forever changed? Vehicle traffic takes an unexpected turn as pandemic ushers in remote work While Americans are gradually getting back to the office, traffic data suggests that the morning rush hour may never go back to pre-pandemic patterns.      
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The pandemic-fueled transformation of car shopping and purchasing by American consumers won't reverse, and the U.S. auto industry and its advertising partners are trying to keep up with the sea change.
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As the Top Coins Lag Behind, an Odd Bunch of Crypto Assets See Double-Digit Gains The market capitalization of all 10,722 cryptocurrencies in existence is around $1.42 trillion on Wednesday and during the last 24 hours, all of these crypto-assets combined lost 3.92%. Meanwhile, bitcoin captures 45.73%...
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