US jobless claims fell by more than expected last week
Applications for U.S. state unemployment benefits fell last week, signaling that job cuts may be easing after rising in December...
Eisman’s biggest short is subprime lender Credit Acceptance
Steve Eisman, the Neuberger Berman Group portfolio manager made famous by successfully wagering against subprime loans a decade ago, said...
US jobless claims fall slightly, though remain near 1M
Applications for U.S. state unemployment benefits fell only slightly last week and remained elevated, signaling heightened pandemic-related strain in the...
GM jumps as Microsoft joins $2B self-driving venture
General Motors Co. and Microsoft Corp. are leading a $2 billion investment round in self-driving car startup Cruise LLC in...
Biden taps Gensler as SEC chairman, FTC’s Chopra as CFPB chief
President-elect Joe Biden has picked a pair of veteran regulators strongly backed by progressive Democrats to lead two key Wall...
US jobless claims jump by most since March, approach 1 million
Applications for U.S. state unemployment benefits surged last week by the most since late March, pointing to persistent labor-market pain...
Mercedes and BMW’s dominance wanes as electric brands ascend
Mercedes-Benz narrowly beat BMW AG for the title of world’s best-selling luxury-car brand in 2020, a year in which cracks...
US jobs recovery falters as virus surge snaps hiring streak
The U.S. labor market lost jobs in December for the first time in eight months, reflecting a plunge in restaurant...
