 | | | | The Nasdaq ended lower on Thursday, pulled down by Apple, Amazon and other Big Tech companies as a fall in weekly jobless claims data fed investor concerns about a recent inflation spike. | | | | | | The Nasdaq ended lower on Thursday, pulled down by Apple, Amazon and other Big Tech companies as a fall in weekly jobless claims data fed investor concerns about a recent inflation spike. | | | | | | The U.S. dollar advanced on Thursday, recovering much of the ground lost in the prior session after the head of the Federal Reserve told Congress he saw no need to rush the shift towards tighter post-pandemic monetary policy. | | | | | | Applications to start new U.S. businesses dropped sharply in June, falling for the first time since February. | | | | | | Shares of retail favorite AMC Entertainment were fighting to reverse a recent string of losses Thursday, as Wall Street debated the longevity of a trading frenzy in stocks that gained a massive following on social media in 2020. | | | | | | The pandemic-era trading boom has started to slow down for Wall Street banks, reviving pressure on icons like Goldman Sachs (GS.N) and Morgan Stanley (MS.N) to reinvent those businesses. | | | | | | The commercial arm of Mexican state oil company Petroleos Mexicanos (Pemex) has temporarily banned new business with Trafigura AG, according to a document and a source, as investigations into the energy trader's conduct in several countries deepen. | | | | | | U.S. and international unions have accused Ray-Ban maker Luxottica, the Italian arm of eyewear giant EssilorLuxottica (ESLX.PA), of violating workers' right to unionise at a U.S. plant in Georgia and asked the Italian, French and U.S. governments to mediate. | | | | | | Some 35 million American families have started receiving their first monthly payout from the U.S. government in an expanded income-support program that President Joe Biden said on Thursday could help end child poverty. | | | | | | Jamie Dimon's optimism about the economy is costing JPMorgan Chase & Co (JPM.N) money, the bank's latest financials show. | | | | | |
